Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: BillyG who wrote (26834)	12/17/1997 10:54:00 PM
From: BillyG	Read Replies (1) \| Respond to of 50808

More on NLV digital headends and DCT-xxxx settops........... biz.yahoo.com Wednesday December 10, 3:44 pm Eastern Time Company Press Release SOURCE: NextLevel Systems, Inc. NextLevel Systems, Inc. Ships 500th Digital Headend NextLevel Demonstrates Its Leadership in Digital Deployment With More Than 24 Million North American Homes Passed ANAHEIM, Calif., Dec. 10 /PRNewswire/ -- NextLevel Systems, Inc. (NYSE: NLV - news) announced today that it has passed another milestone in its North American interactive digital cable deployments with the shipment of the 500th digital headend system. With more than 500 digital headend systems and more than 600,000 digital interactive consumer terminals shipped to date, this latest shipment further strengthens NextLevel's position as the world leader in the digital cable marketplace. This shipment marks another important milestone in the deployment and market acceptance of NextLevel's MPEG-2 digital interactive system. The deployment of the most recent digital headend system brings the total number of North American homes passed by NextLevel's digital systems beyond the 24 million mark. NextLevel introduced its standards-based MPEG-2 digital system in 1996, and has been pursuing an aggressive schedule of digital deployments to a number of operators, including TCI, Shaw, Comcast, Cox, Adelphia, GTE, Bell Canada and others. ''This most recent landmark represents NextLevel's commitment to providing operators with the most advanced digital technology, enabling them to increase channel capacity, provide superior picture quality and add the latest interactive services,'' said David Robinson, Vice President and General Manager of NextLevel's Digital Network Systems Group. ''These aggressive deployments help the industry and us to further enhance our leadership position with digital systems passing more than 24 million homes.'' NextLevel's current generation set-top terminal, the DCT-1000, is designed to provide real-time interactivity, as well as a standards-compliant platform with open application interfaces (API). As part of NextLevel's MPEG-2 digital system, the DCT-1000 enables system operators to provide enhanced picture and sound quality, expanded channel counts, and the latest interactive options, including Web browsing and other high-speed Internet access services. NextLevel's advanced interactive digital set-top, the DCT-5000, scheduled to be available next year, offers additional interactive capabilities such as TDMA return path, a built-in MCNS compliant cable modem and additional processing and graphics capabilities. The interoperability of these products will allow operators to seamlessly deploy the DCT-5000 into their existing NextLevel digital systems. NextLevel Systems, Inc. is a leading worldwide supplier of systems and components for high-performance communications networks delivering video, voice and internet/data services. Created in the recent restructuring of General Instrument Corporation, NextLevel Systems comprises three business that are leaders in distinct global growth markets: the Broadband Networks Group, based in Hatboro, Pa.; the Satellite Data Networks business, based in San Diego, Calif.; and Next Level Communications, based in Rohnert Park, Calif. NextLevel Systems posted revenues of $1.8 billion in 1996 and employs more than 8,300 people worldwide. SOURCE: NextLevel Systems, Inc.