Romantishas announced the formation of its new entity, Romantis Inc., headquartered in Montreal, Canada with offices in the United States. Romantis in close cooperation with the other group members will offer a wide range of products and services which have proven to be successful in Europe and the Middle East.

The company offers satellite capacity, ground infrastructure and VSAT hardware, as well as provides to its customers advanced solutions for IP centric telecommunications and video networks.

Romantis works with leading telecom carriers, TV broadcasters and enterprise customers across North America, Latin America and South-East Asia. Romantis provides R and D, network engineering and production capabilities in America, extending the Romantis production facilities in Europe.

Dr. Vagan Shakhgildian has been appointed the President and CEO of Romantis Inc. Dr. Shakhgildian has over 20 years of experience as a senior executive and engineer with leading corporations such as Motorola, Adaptive Broadband, Signal Processors. Most recently, he served as the President and Chief Operating Officer of Advantech Wireless Broadband, a global leader in manufacturing of satellite and wireless products.

"I am excited about joining Romantis known for its innovative spirit and customer focus. We have assembled a great team in Canada and the US that will add value to our customers' business by offering turnkey end-to-end solutions based on satellite bandwidth and on the ground-breaking Romantis UHP VSAT technology.

The UHP platform is the optimum choice for Multimedia and Unified Communications over Satellite: from M2M, broadband access and voice networks to broadcast-quality IP HD and super-HD Satellite News Gathering, Video Conferencing and Telepresence. The Romantis VSAT product is uniquely compact and scalable, also offering tremendous savings in costs of equipment and space segment", - stated Dr. Shakhgildian.

"This is a logical step in our global expansion strategy, based on our success in the European Union and other EMEA markets," commented Dr. Harald W. Stange, Managing Director and CEO of Romantis GmbH, the German company of the Group.

"Our European team works in close collaboration with our American and Canadian colleagues in bringing our knowledge, technologies and resources to the largest satellite communication market in the world. Our experience in satellite bandwidth management, Romantis innovative technologies and our long-term record of successfully implemented solutions will respond to the new satellite business paradigm, which is based on synergy of ground and space segments."