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To: Maya who wrote (42191)	6/15/1999 5:23:00 PM
From: Black-Scholes	Read Replies (1) \| Respond to of 50808

Best Buy sees net income triple REUTERS NEW YORK, June 15 — Consumer electronics retailer Best Buy Co. Inc. said Tuesday its first quarter earnings tripled to reach a record amid strong sales of digital video disks, personal computers, televisions and other products. The Minneapolis-based retailer, which also sells entertainment software and home appliances, said it earned $47.28 million in the quarter ended May 29, more than three times the $15.73 earned in the same period a year ago. Best Buy Co., Inc. (BBY) price change $53.94 +1.188

To: Maya who wrote (42191)	6/15/1999 10:17:00 PM
From: John Rieman	Respond to of 50808

Divi's former parent sells some set tops................ OpenTV Announces Plans for First Deployment of Interactive Television in Canada BUSINESS WIRE MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 14, 1999--OpenTV(R), Inc., a worldwide leader in interactive television software for the digital television receiver, today announced a five-year agreement with Image Wireless Communications, Inc., a digital MMDS operator and data services provider, to deliver interactive television to Saskatchewan, Canada, by the end of 1999. The agreement represents the first time OpenTV's software technology for digital receivers -- to date installed in more than 2.5 million digital receivers worldwide -- will be deployed in Canada. Further, it will be the first time OpenTV's solution will be used as part of a Multipoint Multichannel Distribution System (MMDS). According to the terms of the deal, Image Wireless Communications will license OpenTV's operating system technology for its digital MMDS TV network. Additionally, service providers and application developers may license OpenTV's authoring tools, such as the OpenTV Software Developers Kit(TM) and OpenAuthor(TM). "This agreement underscores our commitment to address all interactive TV markets with a very open strategy," said Jan Steenkamp, CEO of OpenTV. "OpenTV's solution is fully compatible with virtually any TV operator and hardware vendor, which means we offer not only freedom and flexibility for the TV operator, but also the best proven technology. We are pleased to announce Image Wireless Communications as our first Canadian deployment. " Kim South, Vice President and CEO of Image Wireless Communications, commented, "We're excited about the addition of OpenTV's platform for interactive services. Convergence in our industry requires us to always be looking for ways to differentiate ourselves from our competitors. OpenTV provides us with the means and flexibility to stay a step ahead of the competition through the addition of value-added and revenue-producing services." SAGEM is supplying the digital MMDS receivers which include NagraVision's conditional access technology. As part of the agreement, OpenTV will provide the head-end solution software, OpenStreamer(TM), to interface with [ Harmonic Inc. ] 's MPEG-2 Multiplexers using standard DVB ASI interface. Image Wireless Communications has already begun field testing the complete system and plans to launch digital pay television services by the end of the summer, with interactive services deployed before year's end. About Image Wireless Communications, Inc. Image launched Phase I of its digital MDS system in March 1997 with 56 services. From its Regional Operating Center in Yorkton, Image now broadcasts more than 80 services using TRANsend head-end components, the Nagra conditional access system, Thomcast transmitters, and Sagem set-top boxes. The services are currently broadcast across two thirds of the province of Saskatchewan on a network of 20 towers in 16 QAM modulation, using in-band trunking and drop and insert technology to provide local services to its customers. With the completion of Phase II this fall, Image will be providing service to 199,000 km2, the largest contiguous MMDS network in the world. About OpenTV OpenTV is a worldwide leader in interactive television software for the digital receiver, providing a complete end-to-end solution for the development and delivery of interactive services via digital satellite, cable and terrestrial broadcast. More than 2.5 million digital receivers have been shipped worldwide with the OpenTV operating system software. To date, OpenTV software solutions have been deployed by 12 television networks worldwide, including [ British Sky Broadcasting ] (BSkyB) in the United Kingdom and TPS in France. EchoStar's DISH Network is scheduled to launch their interactive services utilizing OpenTV software in the U.S. later this year. The OpenTV operating system software is licensed to more than 20 digital receiver manufacturers, and OpenTV's authoring tools are licensed to more than 100 independent developers and content and service providers. OpenTV is a member of the Digital Video Broadcasting (DVB) project and a licensee of Personal Java(TM) from Sun Microsystems. Worldwide headquarters for OpenTV is located in Mountain View, California, with European operations based in Paris, France. Information on OpenTV is available at www.opentv.com. OpenTV is a registered trademark of OpenTV, Inc. All rights reserved. Java and all Java-based trademarks and logos are trademarks or registered trademarks of [ Sun Microsystems, Inc. ] in the U.S. and other countries. All other trademarks are the property of their respective owners. (Copyright 1999)