BetaDigital selects TV COM International for 80-channel system; early delivery, responsiveness & quality cited as determining factors.SAN DIEGO--(BUSINESS WIRE)--June 10, 1996--BetaDigital, a newly founded Kirch Group company for digital technical services, has established a long-term delivery relationship with TV/COM International TV/COM International is a company that developed the Compression NetWORKS digital broadcasting system that evolved into the current DVB-S standard for digital satellite broadcasting. Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Hyundai Electronics America (HEA HEA Higher Education Academy (York, UK) HEA Higher Education Act of 1965 HEA Higher Education Authority HEA Health Education Authority HEA High Energy Astrophysics HEA Happily Ever After HEA Hockey East Association ), for the company's open-architecture Compression NetWORKS Compression Networks is a digital content delivery system developed by TV/COM International that evolved into the current DVB-S standard for satellite broadcasting. The system provided MPEG2 video, audio, signalling, enhanced program guide, and conditional access for pay-television satellite uplink equipment. BetaDigital will use the TV/COM uplink equipment to provide more than 80 channels of digital video and associated audio programming in what will be Germany's first digital broadcast system. Delivery of the equipment, which includes compressors, modulators, scramblers and network management control will be complete by the summer of 1996. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gabor Toth, managing director of BetaDigital, TV/COM's responsiveness, quality and product availability were key elements in the company's selection process. "This is not just a contract with a supplier," said Toth. "These systems are important to our success and our common development of the system will benefit both parties. TV/COM's DVB-compliant system is an important part of the infrastructure needed to bring Germany a state-of-the-art digital broadcast system." The equipment supplied by TV/COM is MPEG-2 and Digital Video Broadcast (DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. ) compliant, allowing maximum flexibility and compatibility throughout the region. "Our open architecture standards-based systems provide interoperability and offer the widest variety of features and choices. You cannot obtain these benefits with a proprietary system without the risk of a difficult change- out," explained Bob Luff luff n. 1. a. The act of sailing closer into the wind. b. The forward side of a fore-and-aft sail. 2. Archaic The fullest part of the bow of a ship. v. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TV/COM. "We believe an open system is integral to the success of the DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. market in Germany -- indeed the world -- given the international nature of communications/entertainment and the universal need for lowest equipment cost and interoperability between different manufacturers' products. "TV/COM is one of the first and leading companies to deploy a fully compliant DVB MPEG-2 system, and has systems deployed around the world. Telecommunications companies and consumers alike will benefit from these open standards." TV/COM began working with BetaDigital in 1992 and has collaborated with them on system specifications and DVB standardization. "This contract further solidifies TV/COM's long-standing relationship with BetaDigital," said Frank de Kruiff, TV/COM's manager of international sales. "The services transmitted by our equipment will jump-start the European digital compression and transmission equipment market." The relationship with BetaDigital complements the contract signed last August with Nokia to supply 1 million digital set-top decoder boxes (d-boxes). TV/COM is supplying components, satellite and cable demodulators for the Nokia decoders. About TV/COM and Hyundai Hyundai Electronics Industries Co. Ltd., (HEI HEI Higher Education Institution (UK) HEI Health Effects Institute HEI Hautes Études Internationales HEI House Ear Institute HEI Healthy Eating Index HEI Hautes Etudes d'Ingénieur HEI High-Explosive Incendiary ) was founded in 1983, as a part of Hyundai Business Group, Seoul, Korea. Hyundai Business Group revenues for 1995 were $7.6 billion. Today, HEI is one of the largest semiconductor memory manufacturers in the world. Revenues for HEI in 1995 were $5.6 billion. Hyundai Electronics America (HEA) combines many business divisions including semiconductors (memory, systems ICs, and MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). chips), computer systems and telecommunications products. HEA is a subsidiary of HEI and had 1995 revenues of $1.7 billion. HEA has headquarters at 510 Cottonwood, Milipitas, Calif. 95035. Founded in 1932, TV/COM is a wholly owned subsidiary of Hyundai Electronics America (HEA) and is one of the most successful companies supplying broadband communications systems for the cable, satellite and terrestrial television industries. TV/COM designs and manufactures a wide range of open-architecture solutions that provide a lower-cost alternative to proprietary solutions. The company's products include digital compression systems, headend equipment and secure access control systems for subscription, pay-per-view and interactive entertainment. For more information about TV/COM or its products, please contact: Andrea La Vorgna at 16516 Via Esprillo, San Diego, Calif. 92127. Phone: 619/675-4714. Fax: 619/451-1505. CONTACT: The Benjamin Group Inc. Lisa Zwick/Holly Barnett, 714/753-0755 e-mail: lzwick or hbarnett@oc.tbgi.com |
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