To: Stoctrash who wrote (38388 ) 1/21/1999 5:01:00 PM From: BillyG Read Replies (1) | Respond to of 50808
I don't know Fred. I need to digest the whole package. I guess it depends on what Cube actually got (of course). I'll post a bunch of TV/Com press releases, so others may add their comments. TV / COM : TV / COM forms alliance with Grundig in BSkyB deal 05/21/98 M2 PRESSWIRE (c) Copyright 1998 M2 Communications, Ltd. All Rights Reserved -- Set-top box order highlights growing commitment to digital satellite TV TV / COM International, Inc., a leading provider of global digital communications solutions for the direct-to-home, cable, and terrestrial markets, announced that it is providing the design for the receivers in the Grundig-manufactured set-top boxes (STBs) that receive BSkyB's new-generation digital services. The set-top boxes, designed by TV / COM and manufactured and branded by Grundig, feature Open TV interactive software and a cash card slot for electronic commerce. The TV / COM set-tops incorporate the NDS VideoGuard Conditional Access Control System (CAS). The CAS authorizes commercial and consumer subscriber access and controls overall system security. This announcement pulls together three key industry players: BSkyB as the UK's leading satellite broadcaster, Grundig as a major manufacturer of satellite receivers, and TV / COM (a subsidiary of Hyundai Electronics) as a world leader in the design of digital consumer set-tops and installation of open-architecture digital networks. TV / COM will design and develop the advanced digital receivers that will give BSkyB its market edge. These STBs will give BSkyB viewers the highest quality TV images, from the most advanced digital set-top boxes on the market. Demand for BSkyB's new service is expected to be high, and all three companies have made sizable investments to ensure the successful UK introduction of digital satellite broadcasting. Grundig UK has been involved in satellite television since its commercial European launch in 1988, and has established itself as a leading brand name in the UK. Last year, Grundig and TV / COM formed a strategic alliance in Digital STB design, manufacture, marketing and sales with the express intention of making advanced digital technology available to both broadcasters, such as BSkyB, and the many UK retailers selling Grundig receivers. Grundig UK's Chairman Koen van Driel commented, "We are delighted to be associated with this project and to be working with TV / COM because of the company's digital technology expertise. BSkyB have proven themselves over the years to be an outstanding broadcasting company and their reputation can only be further enhanced with the launch of digital television." Jeff Wallin, president and CEO of TV / COM , added, "We are very pleased to be chosen by BSkyB to design and develop this advanced digital satellite set-top box. Our strong partnership with Grundig will ensure that BSkyB customers receive the highest quality, most fully featured digital set-top boxes on the market." About TV / COM TV / COM has aggressively expanded into the world market for secure distribution of information and entertainment programming, focusing on high performance digital delivery systems for cable, satellite, PC and terrestrial networks. TV / COM 's digital products include MPEG-2 DVB compliant compression systems, network management, conditional access and scrambling, satellite and cable modulation (QPSK and QAM), as well as consumer set-top boxes and commercial IRDs. Founded in 1973, TV / COM became a subsidiary of Hyundai Electronics America (HEA) in 1995, and is one of the most successful companies supplying broadband communication systems. With Hyundai's extensive resources, TV / COM has accelerated its research and development and expanded its strategic involvement in the delivery of complete end-to-end solutions. As the future unfolds with communications technologies converging, these corporate resources uniquely position TV / COM to continue in the forefront of technological innovation. For more information about TV / COM and its products, visit the company's Web site at www.tvcom.com.