Pace to Supply Set Top Digital TV Boxes to Viasat Broadcasting.Business Editors/High-Tech Writers SHIPLEY, England--(BUSINESS WIRE)--May 20, 2003 Pace Micro Technology plc (LSE LSE - Language Sensitive Editor :PIC) today announced a new digital TV 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. contract with Viasat Broadcasting, the largest commercial TV operator in Northern Europe. Viasat Broadcasting is the pay and free-to-air TV satellite broadcasting division of leading international media group Modern Times Group 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 AB. Viasat will utilise Pace's latest satellite digital set-top box platform with PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. modem to continue its successful roll-out of digital pay-TV in Sweden, Norway, Denmark and Finland. Viewers can access a wide range of digital programming on 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 platform, including leading local and international entertainment channels, premium film and sports channels, digital radio and pay-per-view events. Hans-Holger Albrecht, 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 MTG, commented: "The Pace engineering team has developed a high-performance set-top box with enhanced functionality, that is easy to use and install. The design is modern and distinctive in order to achieve maximum impact with consumers." John Dyson
John Dyson (born June 11, 1954, Kogarah, New South Wales) is a former international cricketer (batsman) who is now a cricket coach by profession. , Pace's chief executive commented: "We are delighted that Viasat has selected Pace as its partner to continue to grow Viasat's digital subscriber base. Viasat is leading the development of the digital multi-channel TV environment in Scandinavia, and the latest developments in Pace set-top box technology will further strengthen their competitive offering." Pace's Viasat set-top box is enclosed in a curved slimline casing with wrapover lid and two-tone colour scheme. The product is based on Pace's common hardware platform onto which individual front-ends and operator specific software and applications can be added. The approach is highly cost-effective and can accelerate operator 'time to market', whilst at the same time taking advantage of the latest concepts in set-top box technology. About Pace Micro Technology Pace Micro Technology plc (LSE:PIC) is a leader in digital television technology. The Company's primary focus is the development of innovative home gateway (set-top box) solutions for operators, broadcasters, telecommunications companies and retail markets worldwide. In addition, Pace develops edge of network devices for service providers, in particular digital IP gateways for low-cost integrated voice and data services. Pace's head office is in Shipley West Yorkshire West Yorkshire, former metropolitan county, N central England. Created in the 1974 local government reorganization, the county largely embraced the Leeds conurbation and comprised five metropolitan districts: Calderdale, Bradford, Leeds, Wakefield, and Kirklees. , with further offices in Bracknell, Cambridge, the USA, France and Hong Kong. For further information, please visit Pace's web site at http://www.pace.co.uk. About Modern Times Group MTG is an international media company with operations in more than 30 countries around the world and principal broadcasting businesses in nine countries in Scandinavia, the Baltics, Hungary and Russia. MTG is the largest Free-to-air and Pay-TV operator in the Nordic and Baltic regions and the largest commercial radio operator in Northern Europe. MTG's Viasat Broadcasting satellite TV platform broadcasts 45 entertainment channels to 65 million people every day and MTG Radio reaches 2.7 million daily listeners. MTG is also one of the world's leading originators and producers of Reality Television formats, and the global market leader in the provision of subtitling and dubbing services to the entertainment industry. Modern Times Group MTG AB class A and B shares are listed on the Stockholmsborsen O-list (symbols: MTGA MTGA Minnesota Turkey Growers Association MTGA Motion Tga and MTGB MTGB Medium to Good Beans ) and ADRs are listed on the Nasdaq National Market (symbol: MTGNY). |
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