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To: elmatador who wrote (9027)	10/26/2000 5:58:07 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 12823

Alcatel & Oracle Back thirdspace To Accelerate iTV Race biz.yahoo.com Alcatel & Oracle Back thirdspace To Accelerate iTV Race Alcatel and Oracle invest in new broadband venture to target hundreds of millions of homes with interactive digital television, commerce and information services. London - October 24, 2000 - Alcatel (Paris: CGEP.PA and NYSE: ALA), the worldwide market leader in DSL solutions, and Oracle Corporation (NASDAQ: ORCL) the largest provider of software for e-business, today announced their investment in a new company called 'thirdspace'. In addition to providing cash funds, both companies have transferred interactive television (iTV) technology, people and resources from their respective iTV departments. thirdspace will seek to assist the world's largest telephone companies in delivering a range of services, including digital broadcast television and movies-on-demand, over existing copper cables. Until now, such services have been the sole domain of cable companies and satellite operators. The new company will bring together technology, content and a dynamic consumer marketing capability. thirdspace will work with telephone companies to capitalise on their customer relationships, which are numbered in the hundreds of millions, and their access to the copper loop. The new company will be able to rapidly deploy its solution by leveraging the patented technology assets contributed by Oracle and Alcatel. thirdspace will re-deploy these assets focusing on the DSL networks of selected incumbent telephone companies around the world. thirdspace will be an independent company owned by Alcatel, Oracle and other strategic partners. The company has recruited a world class management team with experience at Netscape, Sony, Apple, Oracle and Alcatel. According to Gary Bloom, executive vice president of Oracle: "Oracle has always felt strongly that people should have universally available and attractive means of access to the e-Economy. Interactive digital television provides this type of access, and thirdspace is well positioned to have a major impact on this exciting new market." "The battle is on to build the most ubiquitous, most capable iTV platform," said Brian Keating, CEO of thirdspace. "The telephone companies start with a huge set of advantages, not least of which is that they are already a trusted brand with hundreds of millions of customers. The end to end solutions offered by thirdspace will empower the telephone companies to take those customers into a new world of electronic services." About Alcatel Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries. About Oracle Oracle provides the software that powers the Internet. For more information about Oracle, please call 650/506-7000. About thirdspace thirdspace is a global broadband services company providing end to end solutions for broadband networks. thirdspace integrates technology, content and services with telephone companies. thirdspace enables end users to enjoy the freedom of interactivity through the medium of television utilising the existing telephone connection to their homes. It integrates complex technology with an intuitive interface and in doing so redefines the value of content. thirdspace was established by an independent management team and began a period of growth when Oracle Corporation and Alcatel transferred their interactive television assets and associated intellectual property into the company. See thirdspace.tv For more information: Tel: Helen Haigh or Lynda Tack on 01628 413600 Notes To Editors The availability of broadband technology is inexorably driving together the worlds of entertainment, commerce and communications. Broadband technology enables entertainment and media companies to reach out directly to their audiences and solicit immediate feedback. This is an entirely new business model, which will ultimately lead to the demise of the commercial television channel, and divert the flow of billions of dollars of advertising revenue into the hands of the converged service providers. Interactive digital television (iTV) at last provides the e-economy with a mass market that spans all geographic and demographic boundaries. Broadband technology also means that bandwidth is no longer a scarce resource, so telephone companies will need to find new revenue streams to offset the fall in revenues from network access and usage. Contact press@www.alcatel.com