Tevel Ltd. Selects OpenTV for Broadband Cable Interactive TV; OpenTV becomes unanimous interactive TV middleware partner for cable in Israel.Business Editors and Technology/Entertainment Writers LONDON--(BUSINESS WIRE)--Sept. 25, 2001 Tevel Ltd., a leading broadband cable TV operator in Israel, has selected the OpenTV EN2 EN2 - Engineman Second Class (Naval Rating)(TM) middleware platform to enable the launch of multiple interactive television services, including Electronic Program Guide (EPG), weather information and games, to its 430,000 subscribers. Tevel Ltd. is the third Israeli broadband cable TV operator to select the OpenTV platform, along with Golden Channels and Matav. Collectively, the three networks reach 1.2 million households and make OpenTV the unanimous broadband cable interactive TV partner in Israel. Technology from OpenTV (Nasdaq/NM:OPTV)(Euronext Amsterdam:OPTV), the world's leading interactive television company, has been selected by broadband cable TV operators across Europe, the USA and Asia. Previous announcements include Primacom in Germany, E-Vision in the United Arab Emirates, Matav and Golden Channels in Israel, USA Media in the US, NTC China and Shanghai Cable. Each network is using OpenTV's third generation operating system, EN2, to implement two-way connectivity. "OpenTV interactive TV provides many opportunities for us to offer services which can expand our subscriber base and build new revenue streams while maintaining the individuality of our brand. OpenTV's global experience in deploying advanced broadband cable interactive TV networks made it an ideal partner," said Betzalel Kenigsztein, V.P. Engineering & Business Development, Tevel Ltd. James Ackerman, CEO of OpenTV said, "Israel represents a major cable television market and is seeing very rapid deployment of digital television set-top boxes. We're particularly pleased that having pioneered interactive TV in Israel we have become the partner of choice for all three broadband cable networks." About Tevel Digital Since 1988, Tevel Ltd. has been operating as the leading supplier of multi-channel television to Tel-Aviv, Givatayim Givatayim (gĭvätä`yĭm), town (1994 pop. 46,500), W central Israel, a residential suburb of Tel Aviv. It was the first Jewish workers' development in Palestine in the 1920s. Industries include printing and food processing., Nazareth, Yizrael Valley, Ashdod Ashdod (ăsh`dŏd, ăshdōd`) [Heb.,=stronghold], city (1994 pop. 120,100), SW Israel, on the Mediterranean Sea. It is Israel's leading port after Haifa. Construction is Ashdod's main industry; its manufactures include synthetic fibers, woolen yarn, and knitted goods., Ashkelon Ashkelon: see Ashqelon, Israel., Rishon Letzion, Modi'in, Ramla Ramla or Ramleh (both: räm`lĕ) [Arab.,=sand], town (1994 pop. 57,300), central Israel, in a farming area. Ramla may be the biblical Ramathaim-zophim, but more probably it was founded (c.716) by the Arabs. It became the capital of Palestine and was fought over constantly during the Crusades.-Lod and vicinity, the Kriyot -- the Haifa Bay area, the Western Galilee Galilee (găl`ĭlē), region, N Israel, roughly the portion north of the plain of Esdraelon. Galilee was the chief scene of the ministry of Jesus. The Sea of Galilee (see Galilee, Sea of), the countryside, and the towns—Cana, Capernaum, Tiberias, Nazareth—are repeatedly referred to in the Gospels., Carmiel, Ma'alot and the Lower Galilee. As of mid 2001 Tevel's 430,000 customers enjoy 48 analogue TV channels and 102 digital TV channels. Tevel finished the rolling out of a fibre-optic network to support broadband services and provide telephone services in the future. About OpenTV OpenTV is the world's leading interactive television 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 digital communications networks and include operating middleware, content applications, content creation tools, professional services expertise, and strategic consulting. At present, OpenTV software has been shipped with or installed in more than 16 million digital set-top boxes worldwide and has been selected by 47 digital cable, satellite and terrestrial communications networks in over 50 countries, including BSkyB in the United Kingdom; TPS and Noos in France; PrimaCom in Germany; Via Digital in Spain; Stream in Italy; DIRECTV(TM) Latin America LLC; and EchoStar's DISH Network and USA Media Group in the U.S. In addition, 34 digital set-top box manufacturers have licensed OpenTV's software to date, and more than 1,100 developers have joined the Company's OpenAdvantage developer program. Worldwide headquarters for OpenTV is located in Mountain View, Calif. Information on OpenTV is available at www.opentv.com. 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 statements regarding the continued proliferation of OpenTV's core platform, the growth of OpenTV's applications business and OpenTV's current and future position in the marketplace. Actual results can differ materially. Risks and uncertainties that could cause actual results to differ include, but are not limited to, whether current demand for interactive products and services will continue, the rate at which the market for interactive products and services will continue to expand, the timely identification, development and deployment of interactive products and services, customer acceptance of those products and services and the pricing thereof, the impact of competitive products and services and the pricing of those products and services, the impact of technological constraints and changes in technology, and other risk factors detailed in the documents filed from time to time by OpenTV Corp. with the Securities and Exchange Commission, including those risk factors detailed in Item 3.D of OpenTV Corp.'s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 18, 2001. OpenTV undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events, or otherwise. (c)2001 OpenTV, Inc. All rights reserved. OpenTV, and the OpenTV logo are trademarks or registered trademarks of OpenTV, Inc. in the United States and other countries. All other trademarks are the property of their respective owners. All OpenTV products and services may not be available in all geographic areas. |
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