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Technology Stocks : LBRT - Liberate -- Ignore unavailable to you. Want to Upgrade?

To: PoetTrader who wrote (75)	1/17/2000 12:20:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 409

Don't know if this was posted earlier. >>>>> NewsNow Story January 14, 2000 Liberate-ion day for Next Level BRIAN QUINTON Broadband manufacturer Next Level will join set-top software maker Liberate Technologies to enable interactive TV and Internet-over-copper phone lines using very high bit-rate DSL. The deal will integrate Liberate's TV Navigator client software in to Next Level's Residential Gateway 2000, a set-top box that gives many appliances, including telephones, TVs and personal computers, a simultaneous connection over DSL. Adding Liberate interactive software to the gateway will permit users to access the Internet at high speeds from either their PCs or their TV sets. The agreement is "another step in a continuing program to allow our customers to cost-effectively deploy integrated broadband services over copper twisted pair," said Next Level CEO Pete Keeler. Commenting on the announced deal, U S West President Joseph Zell said, "U S West is pleased with the strategic partnership between Next Level and Liberate, which will allow us to deliver advanced interactive services to our customers." U S West currently is field testing a system delivering converged voice, video and data services over VDSL in Phoenix. The deal also will involve Next Level and Liberate in joint marketing efforts to mutual customers and in-building interest in their resulting technology from telcos worldwide. <<<< Official press release from LBRT's website: NEXT LEVEL AND LIBERATE PARTNER TO DELIVER INTERACTIVE TV SERVICES OVER STANDARD TELEPHONE LINES Rohnert Park, Calif., and San Carlos, Calif. January 14, 2000 -- Next Level Communications, Inc. (NASDAQ: NXTV) and Liberate Technologies (NASDAQ: LBRT) today announced an agreement to integrate Liberate client and server software with Next Level's advanced DSL broadband delivery system. Under the agreement, Next Level and Liberate will work together to deliver interactive TV services, including high-speed Internet access, over standard telephone lines using DSL technology. Liberate TV Navigator? client software will be integrated with Next Level's new Residential Gateway 2000, a single set-top box connected to the DSL line that provides the connection to multiple appliances in the home, including telephones, PCs and TVs. Using DSL technology, Next Level's new Residential Gateway 2000 allows three TVs to independently tune to more than 200 digital video channels, provides a separate high-speed DSL port for PCs and displays telephony features such as caller ID and message waiting from a single device. The addition of the Liberate platform will enable Next Level's customers to offer high-speed interactive Internet access from either the TV or personal computer through a single set-top box. Commenting on the announcement, Joe Zell, president of U_S_WEST !NTERPRISE said, "U_S_WEST is pleased with the strategic partnership between Next Level and Liberate which will allow us to deliver advanced interactive services to our customers." "Our agreement with Liberate is another step in a continuing program to allow our customers to cost effectively deploy integrated broadband services over copper twisted pair," commented Pete Keeler, chief executive officer of Next Level. "Next Level is already providing telephone companies with cost-effective solutions for integrated voice, data, and video services on their existing networks. This agreement will better enable us to provide enhanced digital service capabilities that allow our customers to compete more directly with cable companies in offering affordable Internet access," continued Keeler. "The DSL market holds an extraordinary amount of promise, delivering next generation capabilities and services over existing infrastructure," said Mitchell Kertzman, president and CEO, Liberate Technologies. "By entering this market segment with industry-leaders like U_S_WEST and Next Level, our confidence is high that Liberate's success in DSL will quickly attain the momentum we've already achieved with cable operators around the world." Under this agreement, Next Level and Liberate have also agreed to participate in joint marketing efforts to promote their technologies to telephone companies worldwide. Next Level and Liberate will co-market to a number of mutual customers already using, or in trial with the Next Level system or on the Liberate platform. In addition, both companies will provide demonstration capabilities at their respective facilities. About Next Level Communications Next Level Communications Inc., headquartered in Rohnert Park, Calif., is a technology leader in ATM/IP Optical Transport, Networking and Broadband DSL Systems for the delivery of voice, data and video services for telecommunications providers. Additional information on the company can be found by accessing NLC's corporate website at: nlc.com.