OpenTV Licenses Device Mosaic 4.1.0 to TeleCruz for Interactive Television Open Platform Solution.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 26, 2000 Increased Functionality Results in Cost Savings for Manufacturers and Superior Interactive Television Viewing Experience for Consumers OpenTV Corp. (Nasdaq: OPTV)(Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. : OPTV), the world's leading interactive media solutions company, and TeleCruz Technology Inc., a leading innovator of open platforms for interactive television, today extended terms of their original licensing agreement. Per the new terms See suggestions for new terms. , TeleCruz will upgrade from Device Mosaic 3.0 to Device Mosaic 4.1.0 as part of its open platform solution, enabling television OEMs and set-top box manufacturers to deliver easy-to-use and cost effective interactive capabilities to consumers. Device Mosaic 4.1.0 provides the TeleCruz single-chip platform increased functionality by advancing the breakthrough technology established in previous versions of the product. This new version supports the HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. 1.1 protocol while offering an exclusive printing feature, capabilities for pJava, and improved backward compatibility for SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. 2.0. Device Mosaic also includes an Advanced Television Enhancement Forum (ATVEF (Advanced Television Enhancement Forum) A consortium of broadcast, cable and computer companies founded in 1998 that developed the ATVEF Enhanced Content Specification, an HTML and JavaScript-based format for adding content to interactive TV. ) compliant client. ATVEF 1.0 support enables the delivery of synchronized broadcast and Internet content over both analog and digital video systems using terrestrial, cable, satellite and Internet networks. "Device Mosaic 4.1.0's added features makes it one of the most flexible embedded browser technologies in the marketplace today," said Anup Murarka, OpenTV vice president of interactive television strategy. "By utilizing Device Mosaic 4.1.0, TeleCruz offers manufacturers the opportunity to leverage standards-based support of rich content in a platform that allows them to rapidly deploy compelling consumer applications and services." "Creating a platform that supports a wide range of interactive capabilities is a top priority for TeleCruz," said Kris Narayan, chairman of TeleCruz. "Providing Device Mosaic 4.1.0 as one of the primary Internet-based applications on TeleCruz's open platform enables us to offer our customers next-generation interactive solutions at a compelling cost." About Device Mosaic Device Mosaic is a uniquely extensible, customizable, Internet-based application platform optimized for next generation interactive television products, including televisions, digital set-top boxes and chipsets. It is leverageable for multiple applications, such as chat and e-mail, as well as for traditional Web browsing. Non-Internet-related services, such as on-screen on·screen or on-screen adj. & adv. 1. As shown on a movie, television, or display screen. 2. Within public view; in public. billing or ordering pay-per-view videos can be built using the same core technology. Device Mosaic is unique in its ability to support both analog (VBI See vertical blanking interval. ) video, and both one-way (broadcast) and two-way (return path) video systems. Device Mosaic can also integrate with Spyglass Prism from OpenTV for content transformation, lowering memory and CPU CPU in full central processing unit Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit. requirements. About TeleCruz Unique in the interactive television market space, TeleCruz Technology Inc. provides both hardware and software platforms to industry-leading partners, including four of the 10 leading television OEMs. TeleCruz is the only company with an open platform capable of supporting the popular TV services at a cost suitable for mainstream televisions. With broad industry experience from companies such as Sony, Western Digital, Cirrus Logic, Toshiba and Zenith, TeleCruz has developed a feature rich, flexible and cost-effective platform based on the needs of television OEMs, Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs), application service providers (ASPs) and consumers. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , TeleCruz has raised more than $34 million in investments from Gemstar International, Zeron Group, Institutional Venture Partners, Crosslink Capital and Fujigin Capital (Fuji Bank of Japan). About OpenTV OpenTV is the world's leading interactive media solutions company. OpenTV builds a complete software and infrastructure platform that enables digital interactive television and brings on-demand content to other digital communications devices. OpenTV solutions are crafted to meet the needs of all digital Communications Networks and include operating middleware, content applications, content creation tools, professional services expertise and strategic consulting. OpenTV middleware has been shipped with or installed in more than 9.3 million digital set-top boxes worldwide and has been selected by 34 digital cable, satellite and terrestrial Communications Networks in more than 50 countries, including BSkyB in the United Kingdom; TPS (1) (Transactions Per Second) The number of transactions processed within one second. TPS is a better rating for the performance of hardware and software than the common MHz and GHz rating of the computer. and Noos in France; PrimaCom in Germany; Via Digital in Spain; GLA, the exclusive provider of DIRECTV(tm) in Latin America; and EchoStar's DISH Network in the U.S. In addition, more than 29 digital set-top box manufacturers have licensed OpenTV's middleware, and OpenTV's authoring tools are licensed to more than 400 independent developers and content service providers. OpenTV is supported by investments from leading Internet, broadcast, and broadband companies, including America Online (NYSE NYSE See: New York Stock Exchange : AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), Motorola (NYSE: MOT), Liberty Digital (Nasdaq: LDIG), News Corporation (NYSE:NEW), EchoStar Communications (Nasdaq: DISH), and Time Warner (NYSE:TWX (TeletypeWriter eXchange Service) A U.S. and Canadian dial-up communications service that became part of Telex. In 1971, the Bell System sold TWX to Western Union. TWX transmitted 5-bit Murray code or 7-bit ASCII code at up to 150 bps. See Telex. ), in addition to Sun Microsystems and MIH MIH Make It Happen (band) MIH Master of International Health (University of Copenhagen) MIH Molar-Incisor-Hypomineralisation MIH Men in Hats (online comic) Limited (Nasdaq: MIH). Worldwide headquarters for OpenTV is located in Mountain View, Calif. Information on OpenTV is available at www.opentv.com. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including but not limited to timely identification, development, acceptance and pricing of new products, the impact of competitive products and pricing, and other risk factors detailed in the Company's Registration Statement on Forms F-1 and F-4, as well as its Annual Report on Form 20-F, each of which is filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. |
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