OpenTV Powers High Definition TV for NTV-Plus, Russia's Leading DTH Platform
May 08 2007 - 9:55AM
PR Newswire (US)
OpenTV's Core2 Chosen to Deliver Ultimate High Definition DTH
Experience SAN FRANCISCO, May 8 /PRNewswire-FirstCall/ -- OpenTV
Corp. (NASDAQ:OPTV), a leading provider of solutions for the
delivery of advanced digital television and cross platform
interactive services, today announced that NTV-Plus, Russia's first
and only direct-to-home satellite TV operator, will launch high
definition television services using OpenTV's advanced digital
television solutions. NTV-Plus, owned by Gazprom-Media, delivers
over 90 television channels to its 560,000 digital television
subscribers. The solution delivered by OpenTV includes OpenTV
Core2(TM) for High Definition Television (HDTV) and supports both
high definition and standard definition channels broadcast in
MPEG-4 and MPEG-2 using DVB-S2. The operator's launch, on Thomson
set-top boxes using the ST7100 chipset and Viaccess Conditional
Access, is expected in the second quarter of 2007. It is further
expected that OpenTV Core2 will support high definition PVR for
NTV-Plus in the future. "As part of our vision to make the best use
of opportunities offered by modern digital technologies, NTV-Plus
is committed to offering high definition television to our
viewers," said Dmitry Samokhin, CEO of NTV-Plus. "It is only
natural that we would partner with a company that shares our
vision. OpenTV's Core2 and associated advanced digital television
solutions make it possible for us to deliver a more compelling
viewing experience for all of our subscribers across Russia." Ben
Bennett, OpenTV's Senior Vice President and General Manager, EMEA,
added, "We are pleased that NTV-Plus, the leading DTH platform in
Russia, has chosen OpenTV's Core2 technology to help deliver the
ultimate HD viewing experience to its subscribers. We look forward
to further supporting the future goals of NTV-Plus with additional
solutions and services." About OpenTV OpenTV is one of the world's
leading providers of solutions for the delivery of digital and
interactive television. The company's software has been integrated
in over 88 million digital set-top boxes and digital televisions
around the world. The software enables enhanced program guides,
video-on-demand, personal video recording, enhanced television,
interactive shopping, interactive and addressable advertising,
games and gaming and a variety of consumer care and communication
applications. For more information, please visit
http://www.opentv.com/. About NTV-Plus NTV-Plus is the first and
the only direct-to-home satellite TV system in Russia. It provides
broadcasting of over 90 channels of various genres and with high
quality independent of landscape or construction peculiarities.
Thus, NTV-Plus is the unique satellite TV system in Russia.
http://www.ntvplus.ru/ Cautionary Language Regarding
Forward-Looking Information The foregoing information contains
certain "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and
are subject to uncertainty and changes in circumstances. Actual
results may differ materially from these expectations due to
changes in political, economic, business, competitive, market and
regulatory factors. In particular, factors that could cause our
actual results to differ include risks related to: market
acceptance of interactive television services and applications such
as ours; delays in the development or introduction of new
applications and versions of our service; technical difficulties
with networks or operating systems; our ability to manage our
resources effectively; changes in technologies that affect the
television industry; and the protection of our proprietary
information. These and other risks are more fully described in our
periodic reports and registration statements filed with the
Securities and Exchange Commission and can be obtained online at
the Commission's web site at http://www.sec.gov/. Readers should
consider the information contained in this release together with
other publicly available information about our company for a more
informed overview of our company. We disclaim any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
DATASOURCE: OpenTV, Inc. CONTACT: Barbara Cassidy of OpenTV,
+1-415-962-5111, or ; or Lisa Ruiz Rogers of Manning, Selvage &
Lee, +1-323-866-6059, or ; or Justin Hayward of Manning Selvage
& Lee, +44 (0) 20 7878 32919, or , for OpenTV Web site:
http://www.ntvplus.ru/ http://www.opentv.com/
Copyright
Opentv (NASDAQ:OPTV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Opentv (NASDAQ:OPTV)
Historical Stock Chart
From Jul 2023 to Jul 2024