Targeted Strategies for Today's Evolving Markets

MissionIR Blog

Dutton Associates Featured Company: Ampex Corporation (AMPX)

Ampex Corporation (NASDAQ: AMPX) is one of the world’s leading providers of technology for acquisition, storage and processing of visual information. The company was founded in 1944 when audio recording technology was in the early stages of development, and over the past five decades Ampex has been at the forefront of revolutionizing visual information technology.

Ampex is responsible for designing and marketing the first viable videotape recorder, the first slow motion color instant replay device, the first 3-D digital special effects system, the first composite digital video recorder, and the fastest, high capacity digital storage systems available. With thousands of patents to their credit, Ampex is internationally recognized for their innovative contributions to the advancement of audio/visual communication. The company was also a pioneer in the fields of digital video and compression technology during the early 90’s.

The company’s wholly owned subsidiary, Ampex Data Systems Corporationb designs and delivers high-capacity, high-performance digital storage systems for demanding environments such as land, sea, air, and space including intelligence, surveillance, reconnaissance, and flight test. The innovations the subsidiary produces are meeting the ever-growing demand for cost-effective, high-performance, digital storage systems. They also deliver full systems integration design, installation and service.

Today, the company offers new products like their DCRsi™ ruggedized recorders, which are the most advanced data gathering systems in the world, and are used in many critical government applications. Their new quad density DST storage systems feature maximum uncompressed capacity of 660 gigabytes on a single cartridge. These scalable systems allow facilities to invest in their digital transformation at a managed level as they begin to apply the clear advantages of digital storage to their existing video libraries.

Let us hear your thoughts: Ampex Corporation Message Board

This entry was posted in Small Cap News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *