Access Devices Announces Q4 2004 Trading Review.LONDON & LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Access Devices, Inc. (Pink Sheets:ACDJ) (www.accessdevices.co.uk)through its 70 percent (70%) owned subsidiary, Access Devices Digital Limited is a London-based developer of DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. (Digital Video Broadcast) and IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. (Internet Protocol Television) set-top boxes -- issues the following trading update for Q4 2004. 2004 Review Sales of ADDL's range of DVB-T See DVB. (Digital Video Broadcast Terrestrial) and DVB-T with CA (Conditional Access -- for premium services) were consistent with the Directors' expectations. --Over the 12 months, over 165,000 ADDL-designed DVB-T set-top boxes were shipped, bringing the running total since the Q3 2002 launch of Freeview to 600,000 units. --In Q4 2004, ADDL ADDL Additional ADDL Animal Disease Diagnostic Laboratory (University of the Philippines, College of Veterinary Medicine) ADDL American Double Dutch League ADDL Amyloid Beta-Derived Diffusible Ligand shipped 40,000 DVB-T TopUpTV-compatible Freeview boxes, representing approximately 25% of the UK Christmas market. --By the end of 2004, ADDL's designs appeared under five different brand names in the market. --ADDL's unaudited Q4 2004 revenues were GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.6 million ($3 million). --ADDL intends to capitalize on its success with the TopUpTV product with similar conditional access products for Europe. About Access Devices Digital Limited ADDL designs, controls manufacture, and sells Digital TV (DVB) access equipment and Internet Protocol TV (IPTV) equipment, generically referred to as set-top boxes (STBs). The company currently has a range of designs, including: Digital Video Broadcast --Digital Terrestrial TV decoder (DVB-T) products for the UK Freeview service and variants for European TV services --Digital Terrestrial TV decoder (DVB-T) products with conditional access (CA) for access to premium TV content, such as that broadcast by TopUp TV in the UK and various developing premium services in Europe --DVB-T Personal Video Recorders -- with and without conditional access -- for UK and European markets that are expected to follow the US example and show rapid and substantial growth Internet Protocol TV --IPTV (Internet protocol TV) products providing video-on-demand over DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary --Combination DVB-T decoder with an IP delivery/return path ADL's IPTV products enable 'on-demand,' 'time shifted' services and true real-time interactivity. ADL products can seamlessly combine the TV broadcast and IP delivered content to enable broadcasters to develop new services across entertainment and commerce Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements included in this press release that are not historical in nature are intended to be, and are hereby identified as, "Forward-Looking Statements" for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including, without limitation, "anticipate," "await," "envision," "foresee," "aim at," "believe," "intends," and "estimates." Any statements concerning the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion