To: Ian@SI who wrote (11521 ) 5/13/1999 12:01:00 PM From: zbyslaw owczarczyk Respond to of 18016
Form iMagicTV (NN)-Telcos for Digital TV Services SAINT JOHN, New Brunswick and CAMBRIDGE, England, May 13 /PRNewswire/ -- iMagicTV, a leading provider of interactive digital television software for the telecommunications industry, today announced its new European office and the appointment of John Rand as Director of European Markets. The office, located in Cambridge, United Kingdom, is being established to address the increasing number of telcos in the region that are looking for ways to diversify the services they provide to customers. By providing digital television, email and other interactive services through iMagicTV's DTV Manager, European telcos can provide a number of interactive services to customers from one source over existing telephone wires. "Telcos in this region are beginning to offer digital television and interactive services in response to customer demand and competition from cable companies and new entrants," said Marcel LeBrun, President and Chief Executive Officer of iMagicTV. "We will continue to dedicate significant resources to the European region as more and more telcos there recognize the significant value and profit potential of offering these programming options to customers." As part of the expansion into the European region iMagicTV has named John Rand as Director of European Markets. In his new role, Mr. Rand will lead business development activities and customer services for iMagicTV in Europe and help support the growing demand for iMagicTV's DTV Manager industry - leading software. "The race has clearly begun for telcos to provide consumers with an integrated multi-service bundle including digital TV, voice and Internet," said John Rand, Director of European Markets, iMagicTV. "We are seeing strong demand for our technology here in Europe and the opportunities to work with telcos to launch interactive television services are rapidly growing." Mr. Rand brings more than 18 years of experience in the telecommunications and cable industries and was responsible for the design of the Cambridge Cable network, now delivering services to more than 200,000 customers. He also managed four franchises, including the renowned Cambridge Interactive TV trial, and was the principal developer of an integrated telecom/cable GIS application now widely used in the industry. Most recently, Mr. Rand was responsible for the Acorn Digital Interactive TV Technology. He holds an MBA and is the author of several papers on telecommunications and interactive technology. "John's extensive experience in the telecommunications and television industries will be an invaluable asset as we expand in the European market. We are delighted to have him join our team," said LeBrun. About iMagicTV www.imagictv.com iMagicTV is an innovative software company providing interactive television solutions for telcos worldwide. iMagicTV's software, DTV Manager, enables telecommunications companies and other service providers to deliver and manage competitive interactive services, including digital television, high-speed Internet, email and Video-On-Demand, for residential subscribers over copper, or any high-speed access technology. Established in 1998, iMagicTV has offices in Saint John, New Brunswick, Canada and Cambridge, United Kingdom. iMagicTV is an affiliate of NBTel Inc., the principal subsidiary of Bruncor (ME and TSE: BRR), and Newbridge Networks Corporation (NYSE: NN; TSE: NNC). For more information on iMagicTV and DTV Manager, visit imagictv.com . This news release can also be found on the iMagicTV web site at imagictv.com SOURCE iMagicTV -0- 05/13/99 /CONTACT: Andrea Pickup of iMagicTV, 506-631-3011, apickup@imagictv.com/ /Web site: imagictv.com CO: iMagicTV; NBTel Inc.; Bruncor; Newbridge Networks Corporation ST: England IN: TLS CPR MLM SU: PDT -0- May/13/1999 9:45 EOS (PRN) May/13/99 09:45 86 -0- (PRN) May/13/1999 10:00 percent| NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min. Access More Information and Services Above