Digital Set-top Boxes for TCI - Pick up the Pace...
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DiviCube?
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Pace Micro Technology to Develop Family of Digital Set-top Boxes for TCI
ENGLEWOOD, Colo. and SHIPLEY, West Yorkshire, April 2 /PRNewswire/ -- TCI Technology Ventures, Inc., a subsidiary of Tele-Communications, Inc. (TCI), and Pace Microtechnology plc announced today that Pace, Europe's leading manufacturer of satellite and cable receiver decoders, will pursue the development of a family of DigiCipher II set-top boxes for the Tele- Communications, Inc. digital network conversion.
TCI is the largest cable network operator in the United States, with over 14 million subscribers. The Company is introducing a substantial digital component to its cable service, which it has branded All TV, and the Pace set- top boxes will be used for that purpose.
Pace signed a license agreement in February 1997 with General Instrument for its DigiCipher II conditional access technology and has already started working on the integration of DigiCipher II with its own set-top box technology. TCI's ALL TV digital programming service will be Pace's first implementation of the General Instrument technology.
"This Agreement with TCI marks another successful step in the build up of Pace's business in the United States. Our agreement with General Instrument gives us the technology, and our work with Stream in Italy delivering the world's first DVB-compliant digital cable network gives us the experience to build the products and the partnership that TCI requires," said Steve Barnes, sales and marketing director of Pace Micro Technology.
"We are delighted that an international industry leader such as Pace has joined our effort to bring a new digital television experience to our customers," said Robert Thomson, TCI's senior vice president of communications and policy planning.
Pace Micro Technology plc is Europe's leading manufacturer of satellite television receivers, and was the first manufacturer to start volume shipments of digital decoders working to the MPEG2 (Moving Picture Experts Group) standard. The company operates in over 80 countries worldwide, through a combination of Pace subsidiaries, distributors and joint ventures. Pace's head office is in Shipley, West Yorkshire. The company's shares are traded on the London Stock Exchange.
Tele-Communications, Inc. is traded through TCI Group and the Liberty Media Group Common Stocks. TCI Group is traded on The Nasdaq National Market through its Series A and Series B TCI Group Common Stock, under the symbols TCOMA and TCOMB, respectively. Liberty Media Group is traded with Series A and Series B Common Stock, under the symbols LBTYA and LBTYB, respectively. TCI Group is a majority stockholder in Tele-Communications International, Inc., which is traded under the symbol TINTA. TCI Communications, Inc., the Company's domestic communications subsidiary, trades its Cumulative Exchangeable Preferred Stock, Series A on The Nasdaq National Market under the symbol TCICP and its Trust Originated Preferred Securities ("TOPrS") trades on the New York Stock Exchange under the symbols TFI/pr and TFI/prA. SOURCE TCI Technology Ventures, Inc.
Pace Micro Technology to Develop Family of Digital Set-top Boxes for TCI
ENGLEWOOD, Colo. and SHIPLEY, West Yorkshire, April 2 /PRNewswire/ -- TCI Technology Ventures, Inc., a subsidiary of Tele-Communications, Inc. (TCI), and Pace Microtechnology plc announced today that Pace, Europe's leading manufacturer of satellite and cable receiver decoders, will pursue the development of a family of DigiCipher II set-top boxes for the Tele- Communications, Inc. digital network conversion.
TCI is the largest cable network operator in the United States, with over 14 million subscribers. The Company is introducing a substantial digital component to its cable service, which it has branded All TV, and the Pace set- top boxes will be used for that purpose.
Pace signed a license agreement in February 1997 with General Instrument for its DigiCipher II conditional access technology and has already started working on the integration of DigiCipher II with its own set-top box technology. TCI's ALL TV digital programming service will be Pace's first implementation of the General Instrument technology.
"This Agreement with TCI marks another successful step in the build up of Pace's business in the United States. Our agreement with General Instrument gives us the technology, and our work with Stream in Italy delivering the world's first DVB-compliant digital cable network gives us the experience to build the products and the partnership that TCI requires," said Steve Barnes, sales and marketing director of Pace Micro Technology.
"We are delighted that an international industry leader such as Pace has joined our effort to bring a new digital television experience to our customers," said Robert Thomson, TCI's senior vice president of communications and policy planning.
Pace Micro Technology plc is Europe's leading manufacturer of satellite television receivers, and was the first manufacturer to start volume shipments of digital decoders working to the MPEG2 (Moving Picture Experts Group) standard. The company operates in over 80 countries worldwide, through a combination of Pace subsidiaries, distributors and joint ventures. Pace's head office is in Shipley, West Yorkshire. The company's shares are traded on the London Stock Exchange.
Tele-Communications, Inc. is traded through TCI Group and the Liberty Media Group Common Stocks. TCI Group is traded on The Nasdaq National Market through its Series A and Series B TCI Group Common Stock, under the symbols TCOMA and TCOMB, respectively. Liberty Media Group is traded with Series A and Series B Common Stock, under the symbols LBTYA and LBTYB, respectively. TCI Group is a majority stockholder in Tele-Communications International, Inc., which is traded under the symbol TINTA. TCI Communications, Inc., the Company's domestic communications subsidiary, trades its Cumulative Exchangeable Preferred Stock, Series A on The Nasdaq National Market under the symbol TCICP and its Trust Originated Preferred Securities ("TOPrS") trades on the New York Stock Exchange under the symbols TFI/pr and TFI/prA. SOURCE TCI Technology Ventures, Inc. |
