13th May 2008 06:00
BT AWARDS SET-TOP BOX CONTRACT TO PACE
Saltaire, UK, 13 May 2008: Pace Group, the leading developer of digital TV technologies, has been awarded a new contract by BT for its next-generation V-box. This contract follows BT's previous contract with the set-top box division of Royal Philips Electronics, which was recently acquired by Pace.
Pace will supply advanced second-generation hybrid personal video recorders (PVRs) for the BT Vision IPTV service. The HD-capable V-Box PVR will provide access for up to 40 Freeview TV channels and 30 radio channels, the ability to record an average of 80 hours of content, on-demand access to a huge library of films, TV shows, music videos and sport and a range of interactive applications.
The V-box uses Microsoft Mediaroom IPTV middleware and Nagravision CA. The latest version of the V-Box also features a new design, improved energy efficiency and a more powerful processor to power more advanced interactive applications.
Dan Marks, BT Vision CEO commented: "We are very pleased to announce this contract, working with the team that launched the first-generation V-Box. Our medium-term goal is to secure two to three million subscribers for our BT Vision service and we are looking forward to making this vision a reality in co-operation with Pace."
Neil Gaydon, Chief Executive Officer of Pace, added: "The hybrid model of providing the latest interactive services, alongside digital terrestrial programming, is a very compelling one. We are excited to be working with BT to bring this advanced product to market."
Deliveries are expected to commence in 2009.
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Contacts
Tim Williamson/Sarah West Helen Kettleborough
Brunswick Pace Micro Technology
+44 20 7404 5959 +44 1274 538005
About Pace Micro Technology
Pace Micro Technology plc (pic.l) is a leading technology developer for the global payTV industry. Pace's main focus is on creating intelligent and innovative products and services that benefit our customers and fuel the development of digital TV. Over the last 25 years, Pace has developed one of the world's most experienced specialist engineering teams and is now the partner of choice for leading payTV operators across the globe.
Pace's international headquarters are in Saltaire, West Yorkshire, UK, with further offices in the USA, France, India and Hong Kong. For more information on Pace, please visit www.pacemicro.com.
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