NAGRAVISION AND SEACHANGE PARTNER TO FULFILL VOD OPPORTUNITIES
Cheseaux, Switzerland, May 7 2002 Nagravision today announces its partnership with video-on-demand (VOD) system leader SeaChange International, Inc. to jointly offer Digital Video Broadcasting (DVB) compliant solutions for broadband network operators deploying VOD.
The collaboration integrates SeaChange's highly scalable and fault-resilient MediaCluster-based video server systems with Nagravision's proven, scalable security solutions. The partnership will benefit cable operators by accelerating VOD deployments reinforced by a fully secure content delivery infrastructure for DVB environments. Backed by television operators and manufacturers worldwide, DVB standards cover all aspects of digital television from transmission through conditional access to interactivity for digital video and audio.
This partnership reinforces Nagravision's commitment to developing innovative solutions in the growing VOD sector as well as extending its current NVOD and pay-per-view product offerings to fully integrate and support VOD services.
"It is becoming increasingly clear that video-on-demand will be a key driver for digital TV operators to generate additional revenues over the coming years," said Ronald Wing, Vice President of Marketing and Business Development at Nagravision. 'Helping our customers to generate this revenue is one of our major priorities.'
"No two television operations are alike, so VOD platform openness and ease of integration between vendors have been leading enablers for VOD penetration," said Simone Sassoli, Director of European Broadband Networks, SeaChange International. "In particular, Europe's cable companies have made Nagravision the leading choice for content management and security. Our collaboration will further expedite VOD's arrival as a competitive advantage for cable in Europe and elsewhere."
About SeaChange International, Inc.
Leveraging Emmy Award-winning MediaCluster video server technology and Command Center management software, SeaChange's systems provide the most economical content storage and video stream density in the industry.
SeaChange International, Inc. (Nasdaq: SEAC) is the world leader in digital video systems that are changing television. Its powerful server and software systems enable television operators to provide new on-demand services and to gain greater efficiencies in advertising and content delivery. With its Emmy-winning MediaCluster technology, thousands of SeaChange systems are helping broadband, broadcast and satellite television companies to streamline operations, expand services and increase revenues. SeaChange is headquartered in Maynard, Massachusetts and has product development, support and sales offices throughout the world. More at www.seachangeinternational.com
About NagraVision
Nagravision is a world leader in open conditional access systems, advanced management tools, and integrated solutions for digital television operators, representing over 35 million television subscribers worldwide. Nagravision solutions provide cable, satellite, terrestrial, MMDS, FTTH and xDSL operators with the tools to deploy and manage a wide range of pay-TV services including pay-per-view, VOD, NVOD and interactive applications.
Nagravision is a member of the Kudelski Group, a world leader in digital security. Kudelski is traded on the Swiss stock Exchange (SWX 'KUD') and is listed on the SMI (Swiss Market Index). More information can be found at www.nagravision.com
For more information, please contact:
For Nagravision
John Kidd
+41-21-732 0735
[email protected]
For SeaChange International Inc.
John Coulbourn
+1-978-897 0100 x3098
[email protected]