OpenTV Corp. (NASDAQ GM: OPTV), a leading provider of solutions
for the delivery of advanced television and cross-platform interactive
services, announced today that its middleware and enterprise solutions
have been selected by ZON TV Cabo in Portugal to support the
operator´s upcoming HD PVR launch.
The solution selected by ZON TV Cabo features OpenTV Core2(TM) and
OpenTV PVR2(TM), OpenTV´s fifth-generation middleware technology and
is designed to support both high-definition and standard-definition
displays. ZON TV Cabo is an existing customer of Nagravision´s
conditional access solutions.
"Adding ZON TV Cabo as a customer further reinforces our footprint
and cable presence in Europe, with Portugal being an important new
market for us," said Ben Bennett, OpenTV´s Chief Operating Officer.
"Through our strong partnership with Nagravision and the Kudelski
Group, we are offering bundled, turnkey solutions to operators
worldwide. Our goal is to simplify the purchasing and technology
deployment process for our customers and deliver advanced interactive
services to market rapidly and cost effectively."
"Nagravision has a long standing relationship with TV Cabo," said
Pierre Roy, Chief Operating Officer, Digital TV and Executive Vice
President, Kudelski Group. "We are very pleased at the opportunity to
extend that relationship today through this offering."
"We are very excited to offer our customers a compelling HD
experience powered by OpenTV," said Zon TV Cabo spokesperson Luis
Lopes. "We look forward to working with the OpenTV team and growing
our partnership with Nagravision and the Kudelski Group."
ZON TV Cabo is Portugal´s leading cable and satellite provider
with more than 1.5 million subscribers. TV Cabo is planning to launch
its HD PVR service in the second quarter of 2008 with a number of new
services to follow soon after, including video-on-demand.
About OpenTV
OpenTV is one of the world´s leading providers of solutions for
the delivery of digital interactive television and advanced
advertising services. The company´s middleware has been integrated in
more than 100 million digital set-top boxes and digital televisions
around the world, and enables enhanced program guides,
video-on-demand, personal video recording, enhanced television,
interactive shopping, interactive and addressable advertising, games
and a variety of consumer care and communication applications.
About the Kudelski Group/Nagravision
The Kudelski Group (SWX: KUD.VX) is a world leader in digital
security and convergent media solutions for the delivery of digital
and interactive content. Its technologies are used in a wide range of
services and applications requiring access control and rights
management to secure the revenue of content owners and service
providers for digital television and interactive applications across
broadcast, broadband and mobile delivery networks. The Kudelski Group
is also a world technology leader in the area of access control and
management of people or vehicles to sites and events. It additionally
offers professional recorders and high-end Hi-Fi products. The
Kudelski Group is headquartered in Cheseaux-sur-Lausanne,
SwitzerlandPlease visit www.nagra.com for more information.
Nagravision, a Kudelski Group company, is the world´s leading
independent supplier of open conditional access systems, DRM and
integrated on-demand solutions for content providers and digital TV
operators over broadcast, broadband and mobile platforms. Its
technologies are currently being used by more than 100 leading Pay-TV
operators worldwide securing content delivered to over 77,5 million
active smart cards and devices. Please visit www.nagravision.com for
more information.
Cautionary Language Regarding Forward-Looking Information
The foregoing information contains certain "forward-looking
statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995. These statements are based on
management´s current expectations and are subject to uncertainty and
changes in circumstances. Actual results may differ materially from
these expectations due to changes in political, economic, business,
competitive, market and regulatory factors. In particular, factors
that could cause our actual results to differ include risks related
to: market acceptance of interactive television services and
applications such as ours; delays in the development or introduction
of new applications and versions of our service; technical
difficulties with networks or operating systems; our ability to manage
our resources effectively; changes in technologies that affect the
television industry; and the protection of our proprietary
information. These and other risks are more fully described in our
periodic reports and registration statements filed with the Securities
and Exchange Commission and can be obtained online at the Commission´s
web site at http://www.sec.gov. Readers should consider the
information contained in this release together with other publicly
available information about our company for a more informed overview
of our company. We disclaim any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
