"OpenTV Licenses Device Mosaic 4.1.0 to TeleCruz for Interactive Television Open Platform Solution
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 26, 2000--
Increased Functionality Results in Cost Savings for Manufacturers and Superior Interactive Television Viewing Experience for Consumers
OpenTV Corp. (Nasdaq: OPTV)(Amsterdam Stock Exchange: OPTV), the world's leading interactive media solutions company, and TeleCruz Technology Inc., a leading innovator of open platforms for interactive television, today extended terms of their original licensing agreement.
Per the new terms, TeleCruz will upgrade from Device Mosaic 3.0 to Device Mosaic 4.1.0 as part of its open platform solution, enabling television OEMs and set-top box manufacturers to deliver easy-to-use and cost effective interactive capabilities to consumers.
Device Mosaic 4.1.0 provides the TeleCruz single-chip platform increased functionality by advancing the breakthrough technology established in previous versions of the product. This new version supports the HTTP 1.1 protocol while offering an exclusive printing feature, capabilities for pJava, and improved backward compatibility for SSL 2.0.
Device Mosaic also includes an Advanced Television Enhancement Forum (ATVEF) compliant client. ATVEF 1.0 support enables the delivery of synchronized broadcast and Internet content over both analog and digital video systems using terrestrial, cable, satellite and Internet networks.
"Device Mosaic 4.1.0's added features makes it one of the most flexible embedded browser technologies in the marketplace today," said Anup Murarka, OpenTV vice president of interactive television strategy. "By utilizing Device Mosaic 4.1.0, TeleCruz offers manufacturers the opportunity to leverage standards-based support of rich content in a platform that allows them to rapidly deploy compelling consumer applications and services."
"Creating a platform that supports a wide range of interactive capabilities is a top priority for TeleCruz," said Kris Narayan, chairman of TeleCruz. "Providing Device Mosaic 4.1.0 as one of the primary Internet-based applications on TeleCruz's open platform enables us to offer our customers next-generation interactive solutions at a compelling cost."
About Device Mosaic
Device Mosaic is a uniquely extensible, customizable, Internet-based application platform optimized for next generation interactive television products, including televisions, digital set-top boxes and chipsets. It is leverageable for multiple applications, such as chat and e-mail, as well as for traditional Web browsing. Non-Internet-related services, such as on-screen billing or ordering pay-per-view videos can be built using the same core technology. Device Mosaic is unique in its ability to support both analog (VBI) video, and both one-way (broadcast) and two-way (return path) video systems. Device Mosaic can also integrate with Spyglass Prism from OpenTV for content transformation, lowering memory and CPU requirements.
About TeleCruz
Unique in the interactive television market space, TeleCruz Technology Inc. provides both hardware and software platforms to industry-leading partners, including four of the 10 leading television OEMs. TeleCruz is the only company with an open platform capable of supporting the popular TV services at a cost suitable for mainstream televisions.
With broad industry experience from companies such as Sony, Western Digital, Cirrus Logic, Toshiba and Zenith, TeleCruz has developed a feature rich, flexible and cost-effective platform based on the needs of television OEMs, Internet service providers (ISPs), application service providers (ASPs) and consumers.
A privately held company, TeleCruz has raised more than $34 million in investments from Gemstar International, Zeron Group, Institutional Venture Partners, Crosslink Capital and Fujigin Capital (Fuji Bank of Japan).
About OpenTV
OpenTV is the world's leading interactive media solutions company. OpenTV builds a complete software and infrastructure platform that enables digital interactive television and brings on-demand content to other digital communications devices. OpenTV solutions are crafted to meet the needs of all digital Communications Networks and include operating middleware, content applications, content creation tools, professional services expertise and strategic consulting.
OpenTV middleware has been shipped with or installed in more than 9.3 million digital set-top boxes worldwide and has been selected by 34 digital cable, satellite and terrestrial Communications Networks in more than 50 countries, including BSkyB in the United Kingdom; TPS and Noos in France; PrimaCom in Germany; Via Digital in Spain; GLA, the exclusive provider of DIRECTV(tm) in Latin America; and EchoStar's DISH Network in the U.S.
In addition, more than 29 digital set-top box manufacturers have licensed OpenTV's middleware, and OpenTV's authoring tools are licensed to more than 400 independent developers and content service providers.
OpenTV is supported by investments from leading Internet, broadcast, and broadband companies, including America Online (NYSE: AOL), Motorola (NYSE: MOT), Liberty Digital (Nasdaq: LDIG), News Corporation (NYSE:NEW), EchoStar Communications (Nasdaq: DISH), and Time Warner (NYSE:TWX), in addition to Sun Microsystems and MIH Limited (Nasdaq: MIH).
Worldwide headquarters for OpenTV is located in Mountain View, Calif. Information on OpenTV is available at www.opentv.com.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including but not limited to timely identification, development, acceptance and pricing of new products, the impact of competitive products and pricing, and other risk factors detailed in the Company's Registration Statement on Forms F-1 and F-4, as well as its Annual Report on Form 20-F, each of which is filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. "
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