MOre news on NTN Kim ... DEll Financial has steeped up ..
(BSNS WIRE) NTN Selects Dell as Technology Provider for Introduction of
NTN Selects Dell as Technology Provider for Introduction of Digital Interactive
TV Network
Business Editors
CARLSBAD, Calif.--(BUSINESS WIRE)--May 24, 1999--
Dell Financial Services will offer partial
financing to NTN for equipment to be
installed at subscriber locations
NTN Communications, Inc. (AMEX: NTN), an interactive television
network for hospitality venues and an Internet content provider, today
announced that it has selected Dell Computer Corporation (Nasdaq:
DELL), the world's leading direct computer systems company, to provide
technology solutions for the first 500 customers subscribing to NTN's
new Digital Interactive TV network. Dell Financial Services will offer
partial financing to NTN for equipment to be installed at subscriber
locations.
"We evaluated several vendors, but selected Dell because of their
focus on quality, the fact that our tests have shown their product to
be the best for our needs, and their ability to offer competitive
financing terms," said Stanley B. Kinsey, NTN chairman and chief
executive officer. "Dell's agreement to provide financing is an
integral part of NTN's overall financing strategy for the initial
deployment of its DITV Network, which also includes subscriber-paid
installation fees, cash flow from operations and cash on hand."
NTN launched its new Digital Interactive TV network in April
after extensive field testing. The network features a redesigned
Playmaker(R) input device, additional trivia and sports programming,
player chat and full motion video, all driven by Internet-enhanced
technology.
Ranked No. 78 among the Fortune 500 companies and No. 363 in the
Fortune Global 500, Dell Computer Corporation is the world's leading
direct computer systems company, based on revenues of $19.9 billion
for the past four quarters. Dell designs, manufactures and customizes
products and services to customer requirements and offers an extensive
selection of software and peripherals. Information on Dell and its
products can be obtained through its toll-free number 1-800-388-8542
or by accessing the Dell World Wide Web site at www.dell.com
dell.com.
NTN Communications, Inc. (AMEX: NTN) is a provider of Internet
content and an interactive television network operator. Based in
Carlsbad, Calif., the company provides multi-player content to a
variety of delivery platforms 24 hours a day. The NTN Network and NTN
Digital Interactive TV network distribute interactive sports and
trivia games to millions of consumers per month at hospitality
locations such as restaurants, hotels and bars. Additional users are
exposed to NTN via America Online; GTE mainStreet interactive cable
service; ChoiceSeat, the supplier of "smart seat" technology; and the
Internet. The company's website is located at ntn.com.
This release contains forward looking statements, including statements
relating to future growth, which are subject to risks and
uncertainties including product demand and market acceptance risks,
the impact of competitive products and pricing and other risk factors
detailed in the Company's Securities and Exchange Commission filings,
including the Company's Report on Form 10-K for the fiscal year ended
December 31, 1998 and its quarterly Reports on Form 10-Q for the three
months ended March 31, 1999.
--30--ajk/cgo*
CONTACT: PR 21
Grant Deady, 312-396-9734
grant_deady@pr21.com
or
NTN Investor Relations
Jon Williams, 760/438-7400
jonw@ntn.com
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