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Technology Stocks : LBRT - Liberate
LBRT 17.49+2.0%2:35 PM EST

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To: CanynGirl who wrote (22)9/28/1999 6:19:00 AM
From: 2MAR$  Read Replies (1) of 409
 
(PR NEWSWIRE) Liberate and Cox Sign License Agreement to Deliver Interacti
Liberate and Cox Sign License Agreement to Deliver Interactive Television
Services

SAN CARLOS, Calif. and ATLANTA, Sept. 28 /PRNewswire/ -- Liberate
Technologies (Nasdaq: LBRT) today announced that it has signed a licensing
agreement with Cox Communications to enable Cox to deliver interactive
television services to its customers. Cox plans initial deployment of
interactive television services using Liberate software by mid-2000.
Additional deployments are likely to follow the successful roll out of the
service.
The agreement follows a previously announced strategic partnership between
Liberate and Cox as part of Liberate's $50 million private round of financing,
which included four other leading cable companies: Comcast, MediaOne, Rogers
Communications, and Shaw Communications.
Under the terms of the agreement, Cox will license the Liberate TV
Navigator(TM) client software for deployment on the Scientific Atlanta
Explorer 2000 digital set-top box, and the Liberate Connect(TM) server
software to deploy and manage applications that support Cox's distinct
services and brands.
"Cox is committed to bringing enhanced entertainment and information
services to its customers," said Tom Nagel, Vice President of Business
Development for Cox Communications. "Liberate's open, customizable, and
highly advanced solution will allow us to provide our customers interactive
features and services to enrich their interactive television experience."
"With this licensing agreement, Liberate software will enable Cox to
deliver new content and services to its customers," said Mitchell Kertzman,
president and CEO, Liberate Technologies. "As one of the nation's largest
broadband communications companies, with more than 4.7 million customers, Cox
will accelerate the broad deployment of Liberate's software for interactive
services."
The Liberate software platform includes a full range of client and server
products, tools and applications. The company offers multiple system
operators, such as Cox, a suite of server solutions tailored to the cable,
satellite and telecommunications market, along with the ability to customize
and brand their enhanced TV offerings. With enhanced TV, network operators
can provide customers with mail, chat, Web browsing and ATVEF (Advanced
Television Enhancement Forum) compliant services. The total Liberate solution
for Cox includes the following products:

* Liberate TV Navigator allows network operators to deliver applications
that integrate the Web's interactivity with the richness of TV-based
content. Using open Internet and international broadcast standards, TV
Navigator combines the best of TV and the Web into one compelling,
interactive medium -- enhanced TV.

* Liberate Connect is the first in a new class of "smart servers" for
ISPs, telcos, cable companies and other network operators. Liberate
Connect is the foundation for information appliance networks, offering a
server platform to deploy and manage applications that support the
network operators distinct services and brands.

About Cox
Following the close of pending cable system acquisitions, Cox will serve
approximately 6 million customers nationwide, making it the nation's fifth
largest cable company. A full-service provider of telecommunications
products, Cox offers services, including cable television under the Cox Cable
brand; advanced digital video programming under the Cox Digital Cable brand;
local and long distance telephone services under the Cox Digital Telephone
brand; high-speed Internet access via Cox@Home; and commercial voice and data
services via Cox Business Services. Cox is an investor in telecommunications
companies including Sprint PCS and Excite@Home, as well as programming
networks including Discovery Channel, The Learning Channel, Outdoor Life and
Speedvision. More information about Cox Communications can be accessed on the
Internet at www.cox.com .

About Liberate
Liberate Technologies (Nasdaq: LBRT) is a leading provider of a complete
software platform for delivering Internet-enhanced content and applications to
information appliances, such as television set-top boxes and game consoles.
Liberate's Internet-based client and server software allows network operators,
such as telecommunications companies, cable and satellite television operators
and Internet service providers to provide consumers access to network
operator-branded applications and services. Headquartered in San Carlos,
California, the company has sales offices in the U.S., Japan and the U.K.
Information on Liberate Technologies products and services is available at
liberate.com or 650-701-4600.
Liberate investors include: Acer, America Online, Comcast, Cox
Communications, General Instrument, Hambrecht & Quist, Lucent Technologies,
Netscape, Nintendo, MediaOne Ventures, Oracle, Rogers Communications, Sega,
Shaw Communications, Sony, Sun Microsystems, and Wind River Systems.

Liberate, Liberate TV Navigator, Liberate Connect, Enhanced TV and the
Liberate logo are trademarks of Liberate Technologies. All other trademarks
are the property of their respective owners.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act
of 1995:
Information in this release that involves Liberate Technologies'
expectations, beliefs, hopes, plans, intentions or strategies regarding the
future are forward-looking statements that involve risks and uncertainties.
All forward-looking statements included in this release are based upon
information available to Liberate Technologies as of the date of the release,
and we assume no obligation to update any such forward-looking statement.
These statements are not guarantees of future performance, and actual results
could differ materially from our current expectations. Factors that could
cause or contribute to such differences or risks associated with our business
are discussed in the Company's registration statement on Form S-1 declared
effective by the Securities and Exchange Commission ("SEC") on July 27, 1999,
and in the other reports filed from time to time with the SEC.

SOURCE Liberate Technologies and Cox Communications
-0- 09/28/1999
/CONTACT: Jennifer Graham of Liberate Technologies, 650-701-5351, or
jgraham@liberate.com; or Amy Cohn of Cox Communications, 404-843-5769, or
pager, 888-395-1854, or amy.cohn@cox.com/
/Web site: cox.com
liberate.com
(LBRT)

CO: Liberate Technologies; Cox Communications
ST: California, Georgia
IN: CPR TLS
SU: LIC


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