Canal+ Litigation against NDS Terminated.Business Editors/High-Tech Writers LONDON--(BUSINESS WIRE)--May 1, 2003 News Corporation and Telecom Italia Telecom Italia is formerly a partially state-owned Italian telco. It was once known as SIP, and it has the largest user base in Italy. Telecom Italia also owns shares in Telecom Argentina and Telecom Personal, fixed and cellular networks in Argentina. yesterday completed the acquisition of Vivendi Universal's Telepiu satellite pay TV platform in Italy resulting in the creation of a combined Telepiu and Stream platform renamed Sky Italia SKY Italia is an Italian digital satellite television platform owned by News Corporation. It is similar in many ways to BSkyB's Sky Digital in the United Kingdom and Ireland, and like that network it is a major sports broadcaster. . As part of the acquisition, all litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. between the parties, including Stream's litigation against Telepiu and Vivendi Universal subsidiary Canal+'s litigation against NDS See eDirectory. NDS - Netware Directory Services , was terminated. Canal+ yesterday filed the stipulation for dismissal of the action with prejudice at the US District Court, Northern District of California. About NDS NDS Group NDS Group plc is a DRM and conditional access firm. It is listed on the NASDAQ (symbol NNDS), but its major shareholder is News Corporation. The company is headquartered in West Drayton (near Heathrow), United Kingdom. The CEO of NDS is Abe Peled. plc (NASDAQ/NASDAQ Europe:NNDS NNDS Norsk Nettverk for Down Syndrom (Norway) ) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS. Cautionary Statement Concerning Forward-Looking Statements The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS' filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies. www.nds.com |
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