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To: Craig Gordon who wrote (47668)11/20/1999 11:52:00 AM
From: John Rieman  Respond to of 50808
 
"Pace was an obvious choice"...........................

multichannel.com

Daily Update for November 19, 1999:

Pace Micro Lands Time Warner Order
London -- Pace Micro Technology plc has finally cracked the U.S. cable market, notching a major deal to supply Time Warner Cable with advanced digital set-top boxes.

Pace -- which claims deployments of some 2 million digital-cable, satellite and terrestrial-broadcasting set-tops worldwide -- won a contract this week to provide Time Warner with a minimum of 750,000 boxes over the next three years.

The new, customized boxes will be configured to the specifications of Time Warner's "Pegasus" set-top platform, and they will include integrated cable modems based on the Digital Audio/Video Interoperability Council standard to enable interactive services such as Internet access.

"We believe it makes good business sense to increase our breadth of set-top-box suppliers, and Pace was an obvious choice," Time Warner vice president of advanced engineering Mike Hayashi said.

- 11/19/99