Friday September 12 9:29 AM EDT
Company Press Release
Starsight Interactive Program Guide Now Available in GTE Digital Set-Top Boxes
PASADENA, Calif.--(BUSINESS WIRE)--Sept. 12, 1997--Gemstar International Group Limited (NASDAQ:GMSTF) announced today that GTE Media Ventures is offering digital set-top boxes which contain Gemstar's StarSight(R) interactive program guide in the Tampa Bay area of Florida.
GTE is the first telephone company to launch the feature-rich StarSight on-screen television program guide with one-button VCR recording. This enhanced version of the StarSight interactive program guide, which is specifically designed for digital platforms, offers an increased capacity to display channel and program information with high color resolution.
In addition, users will have access to advanced StarSight features, such as the ability to theme sort television shows alphabetically or by channel, and to rearrange the order in which channels are listed in the guide. The GTE digital set-top box, the DCT1000, is manufactured by Next Level.
``We are excited that GTE customers will be able to enjoy the convenience and power of the StarSight interactive program guide,'' said Brian Klosterman, president of StarSight Telecast, Inc. ``They will have access to program information up to seven days across more than 110 channels with one touch of their remote control, which will greatly enhance their television viewing experience.''
``Customers of our analog service in Florida frequently comment how much they appreciate StarSight's electronic programming guide,'' said Rick Wilson, president of GTE Media Ventures, ``so we are delighted to make the enhanced features of StarSight available through our digital system. It is one of the components of our strategy to compete on the basis of offering greater value to consumers.''
With revenues of more than $21 billion in 1996, GTE is one of the largest publicly held telecommunications companies in the world. In the United States, GTE offers local and wireless service in 29 states and long-distance service in all 50 states. GTE was the first among its peers to offer ``one-stop shopping'' for local, long-distance and Internet access services.
StarSight Telecast, Inc. (www.starsight.com), a wholly owned subsidiary of Gemstar International Group Limited, is the developer of the StarSight interactive program guide and markets it to cable, telco and MMDS service providers, and directly to C-band satellite customers.
StarSight Telecast's patented technology is available for both analog and digital platforms, including advanced analog and digital cable boxes, DBS, PCTV, Internet and other digital products. StarSight Telecast has agreements with major DSS manufacturers, major cable, and major telco service providers, and with leading advanced analog and digital set-top box manufacturers. StarSight Telecast also has an agreement with Microsoft Corporation.
Gemstar develops, markets and licenses proprietary technologies and systems aimed at making technology user-friendly for consumers. Gemstar's VCR Plus+(R) instant programming system is now a world standard for VCR programming. VCR Plus+ allows a user to record a television show simply by entering a number -- the PlusCode(R) number -- printed in television program guides.
The PlusCode numbers are published by over 1,500 newspapers and television guides worldwide, with a combined circulation of over 330 million. The VCR Plus+ system has been licensed to virtually every major television and VCR manufacturer and is available in over 30 countries, including the United States, Canada, United Kingdom, Europe, Japan, Southeast Asia, Australia and New Zealand.
Gemstar launched two new technologies last year, INDEX Plus+(R), a video tape indexing system built into new VCRs which features an on-screen directory of video tape content by titles automatically captured from the broadcast; and TV GUIDE Plus+, a no-fee on-screen interactive television guide built into new televisions and VCRs. Gemstar merged with StarSight Telecast, Inc. in May 1997.
Except for historical information contained here, the matters discussed in this news release contain forward-looking statements which involve risks and uncertainties, including the timely availability and acceptance of new products, the impact of competitive products and pricing, the management of growth, and the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-Q for the quarter ended March 31, 1997.
EDITORS: StarSight is a registered trademark of StarSight Telecast, Inc. VCR Plus+, PlusCode and INDEX Plus+ are registered trademarks of Gemstar Development Corporation. TV Guide is a registered trademark of TV Guide Financial, Inc. GUIDE Plus+ is a trademark of Gemstar Development Corporation. Other product names used herein are for identification purposes only and may be trademarks of their respective companies.
Contact:
Gemstar International Group Limited Ann L. McDougall, 510/353-3897 Monica Purcell, 626/792-5700
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