NDS XTV PVR Technology Selected by Viasat Broadcasting.LONDON -- 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 in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NNDS NNDS Norsk Nettverk for Down Syndrom (Norway) )(EURONEXT: NNDS): Highlights: --NDS PVR See DVR. technology to be made available to Viasat's digital subscribers --Viasat represents new XTV(TM) win for NDS See eDirectory. NDS - Netware Directory Services and further enhances existing relationship --Viasat to benefit from new revenue stream --Viasat subscribers to be offered new functionality with PVR solution NDS Group plc, the leading provider of technology solutions for digital pay-TV, today announced that Modern Times Group's Viasat Broadcasting, a leading digital satellite pay-TV broadcaster in the Nordic region, has selected XTV(TM), the NDS personal video recorder See DVR. solution. Using the NDS XTV technology, subscribers will be able to pause, fast-forward and rewind live programs, record one program while watching another, manage the content that has been saved to their set-top box The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. , and easily find programs - live or stored - even if the programming schedule changes. When this new service is launched later this year, subscribers will be able to record over 60 hours of content, directly on to their hard drive in the set-top box. Viasat has 693,000 digital pay-TV subscribers in the Nordic region. Broadcasters have found that churn rates for PVR customers are lower than the average for the whole subscriber base. Hans-Holger Albrecht, President and Chief Executive Officer of Modern Times Group, commented: "We constantly strive to make our offering to pay-TV subscribers more entertaining and to broaden the availability of our premium movie, sports and documentary content. Personal Video Recorders will enable Viasat subscribers to take control of their viewing schedules and watch what they want when they want. This is the latest step in our efforts to increase choice for our TV viewers and will add a new revenue stream to our business." David Nabozny, Vice President NDS Europe said: "We are delighted that Viasat has chosen our unique XTV personal video recorder technology. This greatly enhances our existing relationship with Viasat, following the successful completion of the switch of Viasat's subscriber base to NDS VideoGuard conditional access Conditional Access (acronymized CA) is the protection of content by requiring certain criteria to be met before granting access to this content. The term is commonly used in relation to digital television systems, most notably satellite television. encryption technology last year. " A unique feature of XTV is the way content is securely stored and managed by the NDS VideoGuard(R) conditional access technology. Viewers can easily record pay-per-view movies and sports - but will only be charged if they actually choose to view these shows. This improves buy rates without compromising the business and revenue protection requirements of the content owners. About Modern Times Group Modern Times Group is an international entertainment broadcasting group with operations in more than 30 countries around the world. MTG MTG Meeting MTG Mortgage MTG Magic: The Gathering MTG Mounting MTG Mind the Gap (London underground announcement) MTG Methanol To Gasoline MTG Manual Tank Gauging MTG Master Timing Generator MTG Micro Turbine Generator is the largest free-to-air and pay-TV operator in Scandinavia and the Baltics, the largest shareholder in Russia's fourth largest television network, and the number one commercial radio operator in the Nordic region. The Viasat DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. satellite TV platform offers digital multi-channel TV packages of 50 own-produced and third party entertainment channels to viewers in 15 countries across Europe and Viasat TV channels now reach over 60 million people every day. About NDS NDS Group plc (NASDAQ/ Euronext Brussels: NNDS), a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of News Corporation, 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 www.nds.com for more information about NDS. Cautionary Statement Concerning Forward-looking Statements This document contains certain "forward-looking statements" within the meaning of the 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 are based on management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The "forward-looking statements" included in this document are made only as of the date of this document and we do not have any obligation to publicly update any "forward-looking statements" to reflect subsequent events or circumstances, except as required by law. |
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