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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 9:30 AM EST

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To: DiViT who wrote (43992)8/18/1999 2:15:00 PM
From: BillyG   of 50808
 
Kiryung Electronics Teams Up with U.S. OpenTV
nikkeibp.asiabiztech.com

August 18, 1999 (SEOUL) -- Kiyung Electronics Co., Ltd., which manufactures digital
satellite receivers, reported on Aug. 13 that it has sealed a license contract with U.S.
OpenTV Inc., a leader in interactive television software for digital receivers.

Under the license agreements, the Korean firm will be able to produce digital set-top
boxes using the OpenTV software platform by the end of this year.

OpenTV, which opened its Korea office in July 1998, has provided its OpenTV
software so far to 12 television networks worldwide, including British Sky
Broadcasting (BskyB) and TPS in France.

"It was our first major accomplishment since we opened an office in Seoul," stated Jan
Steenkamp, CEO of OpenTV.

The U.S. software firm is expected to make inroads into the Asian digital receiver
market in partnership with the Korean firm.

(Maeil Business Newspaper, Korea)
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