Vecima Networks (TSX: VCM) has signed an agreement with a "major U.S. MSO" customer for Terrace and Terrace QAM to develop a new Terrace QAM platform. This will allow the hospitality video solution to support MPEG-4 video input and output HD video channels that are supported by televisions in hospitality properties. The MSO customer has committed to an initial purchase of the product.