Press release: OpenTV Announces 13.9 Million Set-Top Boxes Now Deployed by TV Operators Worldwide
Date : 2001-02-14
CANNES, France--(BUSINESS WIRE)--Feb. 13, 2001--OpenTV (Nasdaq:OPTV - news; AEX:OPTV):
The 13.9 million cumulative STBs deployed as of Dec. 31, 2000, is a 124 percent increase from the 6.2 million cumulative STB deployed as of Dec. 31, 1999
Growth in OpenTV\'s fourth quarter deployment number was primarily driven by shipments in the U.S. of OpenTV-powered STBs by the DISH Network(TM) (EchoStar) and in Europe by BSkyB in Great Britain, DIGITURK in Turkey and VIASAT in Scandinavia.
OpenTV (Nasdaq: OPTV - news; AEX:OPTV), the world\'s leading interactive television and media solutions company, today announced that its OpenTV middleware is now installed in more than 13.9 million digital set-top boxes (STBs) worldwide. Growth of deployments is across digital cable, digital satellite and digital terrestrial STBs.
Deployments in the fourth quarter ended Dec. 31, 2000, exceeded 2.8 million units, a record level for the company, and a 65 percent increase from the more than 1.7 million STBs shipped in the fourth quarter of 1999.
The record level of deployments in the fourth quarter 2000 demonstrates further traction of OpenTV in the U.S. market and underscores its worldwide leadership in the interactive television (ITV) industry as the company that continues to offer the industry a complete solution for delivering interactive television.
``We are extremely pleased to announce the strong growth in deployments of OpenTV enabled set-top boxes. We believe it represents acceptance and acknowledgement worldwide by network operators that OpenTV delivers the best technology for current and future generation set-top boxes,\'\' said James Ackerman, president, OpenTV. ``It also represents the strong foundation upon which we will grow out our business to deliver interactive TV solutions for our customers.\'\'
With this announcement, OpenTV\'s management re-affirms its financial guidance as outlined in its fourth quarter 2000 financial results conference call held on Jan. 25, 2001. The archived Webcast of this call is accessible through the Investor Relations section of the OpenTV website: www.opentv.com.
OpenTV is the world\'s leading interactive television and 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 digital communications networks and include operating middleware, content applications, content creation tools, professional services expertise and strategic consulting.
OpenTV software has been shipped with or installed in more than 13.9 million digital set-top boxes worldwide and has been selected by 38 digital cable, satellite and terrestrial communications networks in more than 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 United States.
In addition, 31 digital set-top box manufacturers have licensed OpenTV\'s software, and more than 900 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 deployment of OpenTV-enabled products and services and the market for interactive television. 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 television products and services will continue, the rate at which the interactive television market will continue to expand, the timely identification and development of new products and services, consumer acceptance of interactive television 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 changes in technology, the impact of governmental regulation, whether set-top box deployments will continue at the current rates and other risk factors detailed in the Registration Statements on Forms F-1 and F-4, the Annual Report on Form 20-F and other documents filed from time to time by OpenTV Corp. with the Securities and Exchange Commission.
Note to Editors: OpenTV, OpenAuthor, OpenTV Runtime, OpenStreamer 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.