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Philips to Market Terayon's CherryPicker Digital Video System.

AMSTERDAM, Sept. 8 /PRNewswire/ --

At the annual International Broadcasting Convention (IBC) Terayon Communication Systems, Inc. (Nasdaq: TERN) today announced that Philips Digital Networks, a world leader in end-to-end digital broadcast, transmission and home access solutions, plans to market Terayon's CherryPicker(TM) digital video management system to their DVB customers.

"Ensuring that our DVB customers can always get the most advanced digital video solutions from Philips led us to remarket Terayon's CherryPicker co- branded by Philips," said Ad Beemer, digital transmission system product manager for Philips Digital Networks. "When integrated with our comprehensive line of digital video products, CherryPicker enables Philips to offer operators a complete solution for their needs of processing variable bit rate MPEG streams, including splicing techniques for program and ad insertion applications."

"Philips is recognized worldwide for its commitment to providing cutting-edge solutions, and their eagerness to offer the industry's leading digital video headend system is an example of this ongoing commitment," said Stephen King, senior vice president and general manager for Terayon's digital video systems.

CherryPicker gives network operators unprecedented flexibility in managing their digital video content. For instance, operators can 'cherry pick' to create custom channel line-ups using content from a variety of sources -- such as satellite broadcast and local compression encoders or servers -- to better serve their subscribers.

In addition to its programming customization capabilities, CherryPicker can also be used to insert local advertisements into digital channels. The CherryPicker digital video management system is completely interoperable with digital video products from most major manufacturers.

More than 700 CherryPickers have been deployed worldwide by such leading cable television operators as Adelphia, Cablecom, Charter, Cogeco, Cox, Suburban, Time Warner and Videotron.

About Philips

Philips Digital Networks -- a business group of the Philips Consumer Electronics division -- is a world-leading provider of advanced digital system solutions for Service and Network providers in broadcasting and video distribution. Philips Digital Networks offers product and service solutions for customers in both the professional side of the distribution chain, as well as for consumers to use in the home. In the consumer domain, Philips Digital Networks is a leading provider of set-top boxes for digital television and Internet delivery, as well as personal video recording. A pioneer in the development of Internet-enabling technologies, Philips Digital Networks is playing a key role in the introduction of MPEG4-based media streaming solutions. The broad professional product portfolio includes a comprehensive range of television cameras, studio and compression equipment, conditional access systems and transmission systems for broadband cable networks to deliver a full array of interactive services. A flexible customer support program and active involvement in the bodies setting tomorrow's entertainment and information delivery standards makes Philips a natural partner for the digital broadcast era.

Royal Philips Electronics (NYSE: PHG) of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $33.5 billion (EUR 31.5 billion) in 1999. It is a global leader in color television sets, lighting, electric shavers, color picture tubes for televisions and monitors, and one-chip TV products. Its 232,433 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, medical systems, and IT services (Origin). Philips is quoted on the NYSE, London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.news.philips.com .

About Terayon

Terayon Communication Systems provides innovative broadband access systems for delivering advanced voice, data and video services over cable, DSL and satellite networks. The company's broadband cable and DSL systems have been deployed by the world's leading cable and telecommunications carriers. Terayon, headquartered in Santa Clara, California, has sales and support offices worldwide, and is traded on the Nasdaq under the symbol TERN. Terayon can be found on the web at www.terayon.com .

"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995:

Except for the historical information contained herein, this news release contains forward-looking statements, estimates, and assumptions by the Company and other parties that involve risks and uncertainties, including the Company's ability to successfully integrate any acquired companies, the Company's ability to gain new business and offer new products, the expansion of operations by the Company's customers and the deployment of the Company's products in specific markets, as well as the other risks detailed from time to time in the Company's filings with the SEC.

Note: Terayon, the Terayon logo, TeraPro, TeraLink, and TeraComm are registered trademarks of Terayon Communication Systems, Inc. TeraView, CherryPicker, HighLink, IPTL, IPAIR, VDAS3000 and VDAS300 are trademarks of Terayon Communication Systems, Inc. All other trademarks are property of their respective owners.
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Publication:PR Newswire
Geographic Code:1USA
Date:Sep 8, 2000
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