OpenTV and Scientific-Atlanta Announce Porting and Licensing Agreement
Tuesday September 21, 8:30 am ET
OpenTV Also Extends Application Development Program Membership
SAN FRANCISCO--(BUSINESS WIRE)--Sept. 21, 2004--OpenTV, Inc. ("OpenTV")(Nasdaq:OPTV - News), one of the world's leading interactive television companies, and Scientific-Atlanta, Inc. (NYSE:SFA - News), today announced the signing of a five-year licensing and porting agreement for OpenTV's interactive television middleware products. At the same time, OpenTV extended its application developers agreement with Scientific-Atlanta for its ProSync interactive television service.
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Under the agreement, Scientific-Atlanta will be able to offer network operators worldwide a wide range of digital receivers that will be fully integrated and tested with OpenTV's Core 1.1 middleware running on top of Scientific-Atlanta's Explorer® platform. The initial port on the Explorer 4200DVB(TM) has completed OpenTV's VTS certification process. The Explorer 4200DVB is a DVB-C receiver which supports PAL, DVB and EuroDOCSIS standards.
"We are thrilled to add Scientific-Atlanta to our growing list of OpenTV licensees," said Jim Chiddix, chairman and CEO of OpenTV. "This licensing agreement will create new opportunities for both companies by making it easier for operators to quickly deploy a state-of-the-art iTV solution, comprised of hardware and software that has already been tested to reliably work together."
"We are looking forward to being able to offer OpenTV's middleware running on top of our Explorer platform to our customers throughout the world," said Ken Klaer, vice president and general manager, International, Subscriber Network Systems at Scientific-Atlanta. "Scientific-Atlanta is committed to delivering an exceptional digital television experience for its customers, and we're proud to be able to include OpenTV as one of our interactive television partners."
About Scientific-Atlanta
Scientific-Atlanta, Inc. (NYSE:SFA - News; www.scientificatlanta.com) is a leading supplier of digital content distribution systems, transmission networks for broadband access to the home, digital interactive set-tops and subscriber systems designed for video, high-speed Internet and voice over IP (VoIP) networks, and worldwide customer service and support.
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this news release. A variety of factors could cause Scientific-Atlanta's actual results to differ from the anticipated results expressed in such forward-looking statements. Investors are referred to Scientific-Atlanta's Cautionary Statements (Exhibit 99.1 to the company's most recent Form 10-Q), which statements are incorporated into this news release by reference.
Scientific-Atlanta and Explorer are registered trademarks, and 4200DVB is a trademark, of Scientific-Atlanta, Inc.
About OpenTV
One of the world's leading interactive television companies, OpenTV provides a comprehensive suite of technology, content, games, tools, applications and professional services that enables cable and satellite network operators in more than 95 countries to deliver and manage iTV services on all major digital TV platforms. OpenTV has its Corporate Offices in San Francisco, California, and regional offices in the United States, Europe and Asia/Pacific. OpenTV and the OpenTV logo are trademarks or registered trademarks of OpenTV, Inc. in the United States and other countries. All other trademarks are the property of their respective owners. All OpenTV products and services may not be available in all geographic areas. For more information, please visit www.opentv.com.
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 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 to obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Contact:
OpenTV
Maureen Zeljak, 415-216-7921
mzeljak@opentv.com
Marc McCarthy, 415-217-9441
mmccarthy@opentv.com
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Source: OpenTV, Inc. |
