Tvia, Inc. -- the Streaming-Media Gateway Processor Company -- and PCTVnet ASA -- the IA/DSTB Software Turnkey Company -- Join Forces to Accelerate Adoption of Set Top Boxes.Business Editors/High-Tech Writers TAIPEI, Taiwan--(BUSINESS WIRE)--June 4, 2001 Computex Partnership Allows for Joint Marketing and Software License Efforts In order to evolve from current 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. environments and move to the next level of adoption, Tvia, Inc. (Nasdaq:TVIA) and PCTVnet ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and today announced that they have entered into a software license agreement and marketing partnership. PCTVnet ASA is an international software company that develops middleware and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. applications to various set-top boxes and Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. vendors. PCTVnet's product portfolio includes several applications like SmartHome, Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) videophone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. and the latest multimedia plug-ins and sophisticated server back-end systems. The two companies intend to complement each other's capabilities through joint non-exclusive marketing efforts and by entering into a software license agreement. Both Tvia's and PCTVnet's developer kits offer unique software and processing environments for creation of next-generation Internet appliances (IAs) and digital broadband set top boxes (DSTBs). "Tvia's CyberPro streaming media See streaming audio, streaming video and digital media hub. gateway processors are widely accepted in the STB See set-top box. STB - set-top box industry. We have included support for their technology in our turnkey software solution to aid OEMs in getting to market at the right speed and cost, and with advanced applications that Multiple System Operators (MSOs) could convert into revenue-generating services for enhanced experience and utility for customers," said Nicolay Berard-Andersen, director of Sales and Marketing of PCTVnet. "Tvia is an important element in our software design kit for OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and adoption and development of DSTBs and IAs." PCTVnet developed a cost effective STB reference design based on Tvia's CyberPro 5000 streaming media gateway processor for Advanced Micro Devices (AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ). The STB includes high quality video telephony See videophone. , a potentially significant application for the broadband industry seeking revenue-generating services. PCTVnet has front-end and back-end In their most general meanings, the terms front end and back end refer to the initial and the end stages of a process flow. These terms acquire more special meanings in particular areas. applications, which makes it possible for service providers to increase their revenues. "PCTVnet's technology and partnership is a perfect indication of the role both software and hardware will play in the expanding DSTB/IA markets," said Vahe Akay, Tvia's vice president of Marketing. "Our streaming media gateway processors and unique software development kit are some of the necessary design ingredients for the simultaneous display of broadcast TV and Internet content in the home. We believe PCTVnet's adoption of the Tvia video platform and integration of our software code into PCTVnet's products is an important step in the design of STBs worldwide." Tvia CyberPro(tm) Product Family The CyberPro 5000 family of streaming media processors is intended for the design of Internet appliances, digital broadband set-top boxes and digital television. The CyberPro 5000 offers audio, video, enhanced text, graphics, and animation processing engines. The CyberPro 5000 includes two video ports for the simultaneous processing of two rich media stream. It also features high quality audio and video for broadband television video, a hardware magnified view of Web pages on television, and a flexible transparency algorithm for blending multiple video, text, graphics, and animation. About PCTVnet ASA PCTVnet was founded in December 1995 with the aim to develop software for a "box" making the home "smart." The box allows the consumer to access the Internet, monitor and control in-home systems appliances, and to communicate with others. Building on this experience, PCTVnet has developed into an international software company which develops middleware and value added applications to various set-top boxes and Internet Appliances. PCTVnet delivers turnkey software to different OEMs. Over the last years PCTVnet has built a sophisticated back-end server system and improved the usability of the turnkey software. Through strategic alliances PCTVnet is able to deliver an advanced software solution to our OEM clients. (www.pctvnet.no) About Tvia, Inc. Tvia, Inc. designs, develops and markets streaming media gateway processors for Internet appliances, set-top boxes and digital televisions. The company has worldwide operations employing more than 150 hardware and software product development engineers. Tvia is unleashing the interactive broadband experience and changing the way interactive content is displayed in the home. The company has secured major design wins with OEMs worldwide in all of its three target markets. For more information visit www.tvia.com. Except for historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provision 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. Forward-looking statements in this press release include, but are not limited to, statements as to the intent for the companies to complement one another's capabilities, the acceptance of Tvia's CyberPro5000 product family, the role of software and hardware in the expanding digital Set-Top box and Internet appliance markets, PCTVnet's ability to develop its products based on Tvia's CyberPro5000 product family, the expected development of PCTVnet's products incorporating Tvia's products and the anticipated features, benefits and results of the use of Tvia's products by customers of PCTVnet ASA. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to product capabilities, the ability of PCTVnet to incorporate Tvia's products into its products, the impact of alternative technologies and competitive products and other risks detailed from time to time in Tvia's SEC reports, including its Quarterly Report on form 10-Q Form 10-Q See 10-Q. for the quarter ended Dec. 31, 2000. These forward-looking statements speak only as of the date hereof. Tvia disclaims any intent or obligation to update these forward-looking statements. Visit Tvia and PCTVnet ASA at: Computex 2001 Taipei. Taiwan Grand Hyatt Suite No. 1334 |
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