|London, UK - 26 August 2003 - NDS Group plc, a News Corporation company and a leading provider of technology solutions for digital pay-TV, today announced that it has acquired certain assets of the French interactive TV technology company Interactif Delta Production S.A. (IDP) which was recently put into administrative receivership by the Tribunal de Commerce of Paris. |
NDS has acquired, for a consideration of Ä200,000, all of IDPís intellectual property assets including the RegieLine interactive application authoring tool and the patents protecting this technology as well as certain tangible assets and customer contracts. A research and development centre will be retained in Paris that will employ nine former employees of IDP and will provide ongoing services to the existing customers of IDP both in France and abroad.
NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.
Cautionary Statement Concerning Forward-Looking Statements
The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS' filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.
For further information please contact:
Yael Fainaro, Senior Business Development Analyst, NDS
T: +44 (0)208 476 8287
Margot Field, Director Public Relations
T: +44 (0)208 476 8158