Friday, August 25, 2006

Digital Broadcasters | Kudelski Asia Pacific Revenue Up 62 per cent

Digital broadcast vendor, Kudelski Group of Switzerland, listed on the Swiss Market Index (SWX:KUD) ) announced first half 2006 revenues of CHF 305.1 million and a net gain from the sale of Ticketcorner of CHF 59.2 million.

Kudelski, world leader in conditional access systems for the pay television market had total revenues, other operating income and net gain on the TicketCorner sale amount to CHF 364.3 million, a growth of 8.6% compared to the first half of 2005.

In Asia

Asia-Pacific saw Kudelski's Digital TV revenue growth up by 62% to CHF 35.4 million. This is thanks to servicing contracts at digital pay-TV broadcaster, 'Astro' in Malaysia and Indonesia as well as the deployment of a complete TV solution suite at digital cable TV broadcaster, 'Starhub' in Singapore.

Europe But in in absolute terms, Europe was the key driver of the Digital TV segment performance. Net sales increased by 19% to CHF 137.9 million.

The Americas

In the Americas, Digital TV generated CHF 65.9 million of sales, roughly in line with last year’s revenues net of swap-outs. Brazilian operators Net and TVA developed particularly well both in terms of smart cards and CAS equipment sales.

Focus on Mobile TV products

The Kudelski Group launched its Mobile TV products in 2005. Nagravision's 'Nagra' Mobile solutions are gaining momentum within the mobile TV industry, emerging as the solution of choice of top tier Mobile Network Operators and technology partners.

The Group has completed the integration of its conditional access with DVB-H mobile phone suppliers such as BenQ, LG, Motorola, Sagem and Samsung, and SIM card suppliers such as Gemalto, Giesecke & Devrient, Oberthur, Sagem Orga and ST Incard, providing already at this early market development stage an open platform supporting a wealth of devices.

In the second half of the year of the financial year, the Kudelski Group says it expects a less favourable second half but expects an increase in its Digital TV revenues.

The Kudelski Group (http://www.nagra.com) is a world leader in digital media security. Its technologies are used in a wide range of applications requiring access control and rights management, whether for securing transfer of information (digital television, broadband Internet, video-on-demand, interactive applications, etc.) or to control and manage access of people or vehicles to sites and events. The Kudelski Group is headquartered in Cheseaux-sur-Lausanne.

'Nagravision' (http://www.nagravision.com), probably the most well known name brand in the Kudelski Group, is the world's leading independent supplier of open conditional access systems (CAS), DRM and integrated on-demand solutions for content providers and digital TV operators over broadcast and broadband platforms. Its pay television oriented technologies are currently being used by more than 100 leading Pay-TV operators worldwide securing content delivered to over 60 million active smart cards and devices.

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