Vecima Announces Deployment of New TC600E Platform

Network-Wide Deployment Initiated at Tier 1 Cable Operator

VICTORIA – (July 13, 2015) – Vecima Networks Inc. (TSX:VCM), an experienced designer and manufacturer of innovative technology in the broadband equipment market, is pleased to announce today that the Company’s new TC600E Platform has successfully completed approval testing leading to the initiation of wide scale commercial deployment at a major US MSO.

“We are thrilled to have reached the milestone of the first network wide deployment of the new TC600E, marking the fifth network-wide deployment to be triggered by a tier 1 MSO using platforms in the Terrace family for all-digital conversion,” stated Sumit Kumar, Vecima’s President and CEO. “The broad adoption of these products underscores that cable operators continue to require and rely on Vecima’s platforms in the commercial premise in order to effectively transition to digital networks. Vecima has shipped and received orders totaling more than $2.5 million for Terrace family platforms from this MSO, covering the earliest of a series of regional markets that form the operator’s all-digital conversion plan.”

Earlier this year, the Company announced the signing of a supply agreement with another major US MSO covering deployment of Terrace family platforms into commercial property customers to support the all-digital conversion across that operator’s network. Likewise, today’s announcement reflects the pre-eminence of the Terrace family platforms in the market with yet another operator coming online.

Vecima remains the leading worldwide supplier of commercial product solutions providing bulk video lineups at the commercial premise once an operator ceases to support analog on their core cable network. The recently launched TC600E platform is the latest addition to the Terrace family of products, adding support for MPEG-4 and high definition inputs along with a more than four times increase in input capacity. These added features are highly attractive to cable operators utilizing MPEG-4 video or who are migrating to more efficient broadcast lineups that limit or completely remove standard definition from the network.

As a fourth generation platform in the Terrace family, the TC600E embodies the fulfillment of nearly a decade of innovation in the market by Vecima, culminating in a design incorporating the Company’s newly developed software based technology to deliver support for high definition MPEG-4 video. The framework of this innovative software-based intellectual property opens a wide realm of product roadmap opportunities including internationally focused versions.