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Sunrise Broadband Colorado in manufacturing deal with Taiwan's Corona Tech

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MUMBAI: Sunrise Broadband Group, Inc. (SBBD) has announced through its wholly owned subsidiary, Sunrise Television Networks, Inc., that it has reached final agreement with Corona Technology headquartered in Taipei, Taiwan, to continue to manufacture the 'Megapowersaver' product.

The agreement calls for Corona Technology through its California Research and Development group to improve and modify the energy-saving unit for distribution throughout the world. Corona will also work with SBBD management to develop IP-based set-top boxes for the Company's "VoD" (Video-on-Demand) service, states an official release.

SBBD also announced that its product, Megapowersaver, has applied for CE certification in Europe and has applied for certification of Underwriter's Laboratories (UL) for distribution in the United States.

Said Sunrise Television Networks president Nick Peronace, "The agreement with Corona Technology will provide the company with an internationally known research and development group that can assist Sunrise management to implement its business plan. Already we have received more than one hundred inquiries regarding licensing and distribution opportunities in Canada, Europe, South America, the Caribbean, and India."

"The agreement with Sunrise Television Networks provides a strong marketing and distribution strategy for Megapowersaver. It also provides Corona with the opportunity to work with a next-generation broadband company like Sunrise to assist management with the goal of providing consumer products and services that meets the needs of the end user," said Corona Technology chairman Tony Chen.

Headquartered in Broomfield, Colorado, Sunrise Broadband Group, Inc. is a company focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. The company has selected strategic cable television systems to upgrade and consolidate infrastructure, resulting in increased bandwidth, improved customer service, and improved reliability.

In addition, the company will be applying its advertising and marketing skills, along with its acquired patents and products, to offer a wide variety of products and services not just to its cable subscribers but also to its new worldwide distribution rights.

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