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* New system integration and set-top box delivery contract
in Taiwan
* Local presence in Taiwan strengthened
* New manufacturing partnership with Foxconn
Geneva - 13 January 2009
Advanced Digital Broadcast Holdings S.A. (SIX: ADBN) announced
today that the Group had signed a three-year contract with TFN
Media, the Household Business Development Group under Taiwanmobile
Group, one of Taiwan's leading Multiple Systems Operators (MSO),
for the delivery of an end-to-end solution for TFN Media's
deployment of advanced interactive digital cable services starting
in early 2009. The scope of the contract includes full system
specification and provisioning, interactive application software
development, MHP middleware, digital set-top boxes and system
integration. ADB Group will act as a system integrator and will
provide all the related products and services to TFN Media. All ADB
Group companies are jointly contributing to the project.
TFN Media is the fourth largest MSO in Taiwan, providing cable
services to approximately 540,000 homes in northern and southern
Taiwan. The company plans to digitalize its entire network during
the next three years' time. The trial launch is testing the market
on interactive services, HD content, and user's interface after
which the commercial launch will be initiated. According to TFN
Media's plan, full digitalization is expected to be completed by
2011.
"ADB provides us with a complete end-to-end solution needed by a
digital cable operator. All system's elements including the
equipment, its software and conditional access subsystem are put
together in an efficient and cost effective way. Practically, ADB
Group secures our future and lets us focus on our core business",
commented James Jeng, COO, Household Business Group of Taiwanmobile
Group and President of TFN Media. He continued, "ADB's track record
of success in digital TV industry worldwide, unprecedented local
support, and vote of confidence it demonstrates with regard to
Taiwan's digital TV market, all contributed to our partnership. We
chose ADB because they will help us realize our ultimate goal of
generating new revenue streams by introducing the most advanced and
customer focused digital technologies."
Andrew Rybicki, Chairman and CEO of ADB Group, said: "We have a
long history and roots in Taiwan, so our cooperation with TFN Media
manifests a meaningful milestone in our Group's development. We
are confident that our cooperation with TFN Media will make history
in the interactive digital cable services of Taiwan. We will do it
by maximizing value and quality of our deliverables and minimizing
customer's ownership cost, thus delivering highest possible
benefits to its subscribers and shareholders. We will ensure
successful attainment of this goal by deploying an Open Standards
based architecture (DVB-MHP) that facilitates almost unlimited
contribution of several qualified third parties to such a system's
rapid growth, combined with ADB Group's world-class, well proven
software implementation".
Taking into consideration TFN Media's needs for localization of ADB
Group's software products, the Group also announced today the
establishment of Asian office of its subsidiary Osmosys, a leading
company in the open standard digital TV software and solutions.
Osmosys will be providing TFN Media with critical head-end system
software as well as core set-top box middleware and applications
that enhance TFN Media customers' viewing and entertainment
experience. David McElhatten, Managing Director of Osmosys,
stated, "We are fully dedicated to work on this groundbreaking
project with TFN Media. Indeed, it represents our growing
commitment to the Asian markets where we see tremendous upside and
growth potential in the transition to digital TV services."
TFN Media accepted ADB's proposal of using the award-winning
ADB-5810 family of HD/DOCSIS set-top boxes with built-in
flexibility accommodating several value-added services. This "one
box strategy" will provide the subscriber with means of viewing
both the digital cable services and facilitate accessing internet
services through a broadband channel. It will benefit TFN by
promoting its broadband services and will be in practice the first
such a solution in Taiwan.
The ADB-5810CD is an advanced, interactive digital set-top box
designed for digital cable networks. It supports high definition
video decoding and H.264/MPEG4 compression. ADB's unique operating
software ensures enhanced system and product performance including
fast channel acquisition and swift rendering of on-screen graphics
and applications.
François Pogodalla, CEO of ADB S.A., ADB Group's Digital TV
Equipment affiliate commented "We are delighted to give a new boost
to our business in Asia with a new high-end customer, and a new
world-class manufacturing partner. With our focus on customer,
quality, performance and innovation, we welcome the customers who
look for differentiation and value-added services. We are
therefore very happy for this opportunity to offer our years of
experience and high-end products to TFN Media in Taiwan."
ADB Group further announced that it intends to start a co-operation
with Foxconn Technology Group, one of the world's largest contract
manufacturers and the most trusted providers of joint-design,
joint-development, manufacturing, assembly and after-sales services
to global computer, communication and consumer-electronics leaders.
Simultaneously, ADB Group will continue maintaining its business
relationship with Cal-Comp Electronics, its long-time manufacturing
partner. This arrangement will provide the Group with a more
diversified supply base.
This press release and further information on ADB Group can be
found on the Group's website at www.adbholdings.com
For further information please contact:
Tina Nyfors
EVP, Corporate Development
Tel: +41 22 592 8433
Fax: +41 22 592 8432
t.nyfors@adbglobal.com
-end-
About ADB Group (SIX: ADBN)
ADB Group (www.adbholdings.com) was founded in 1995 and is a
leading developer of solutions required to view and interact with
digital TV broadcast through cable, satellite, terrestrial and IP
networks. The Group primarily sells consumer premise devices,
including set-top boxes, with over 11 million units deployed since
1997. The development and sales of the Group's products and
services are conducted in two main operating segments: the Digital
TV Equipment segment, mainly operated by ADB (www.adbglobal.com),
and Software and Services segment, encompassing Osmosys
(www.osmosys.tv) and Vidiom Systems (www.vidiom.com).
This press release contains forward-looking statements. You are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those in the forward-looking statements as a result of various
factors, among which:
* future developments of the world digital TV market, in
particular the future demand for digital TV products in the key
markets and from key customers served by our Group;
* pricing pressures, competitive market situation;
* our and the industry's capability to successfully and timely
innovate and develop challenging technology, and our capability
to hire and retain high-level employees;
* changes in the exchange rates between the US$ and the main
other operating currencies of the Group, including the Euro and
the Polish Zloty;
* our ability in an intensive competitive environment, to
continue securing orders from existing or new customers and to
achieve our pricing expectations for volume supplies of new
products in whose development we have or are currently
investing;
* the ability of our suppliers to meet our demands for supplies,
qualitatively or quantitatively, and to offer competitive
pricing;
* our gross margin could vary significantly from expectations
based on changes in revenue levels, product mix and pricing,
changes in unit costs, and the timing and execution of
shipments ramp-ups;
* changes in the economic, tax, social or political environment,
including import and other duties, military conflict, terrorist
activities, as well as natural events such as severe weather,
health risks, epidemics or earthquakes in the countries in
which we, our key customers and our suppliers operate;
* our ability to obtain required licenses on third-party
intellectual property on reasonable terms and conditions, the
impact of potential claims by third parties involving
intellectual property rights relating to our business, and the
outcome of litigation;
* the results of actions by our competitors, including new
product offerings and our ability to react thereto;
Advanced Digital Broadcast Holdings SA undertakes no obligation to
publicly update or revise any forward-looking statements. Advanced
Digital Broadcast Holdings SA reserves the right to amend the
information at any time without prior notice.
The information contained in this press release may not be
considered as being a substitute for economic, legal, tax or other
advice and you are cautioned to base investment decisions or other
decisions on the content of this release. You are recommended to
consult your investment advisers or other advisers prior to making
any decision.
This press release is not an offer of securities for sale or a
solicitation to invest in Advanced Digital Broadcast Holdings SA
securities. In particular, it is not an offer of securities for
sale in the United States of America, its territories and
possessions. Securities may not be offered or sold in the United
States absent registration or an exemption from registration under
the U.S. Securities Act of 1933, as amended. Advanced Digital
Broadcast Holdings S.A. does not intend to register its securities
in the United States of America.
--- End of Message ---
ADB Holdings S.A.
Avenue de Tournay 7 Chambesy Switzerland
ISIN:
CH0021194664; Index: SPI, SPIEX, SSCI;
Listed: Main Market in SWX Swiss Exchange;
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