29th May 2008 07:00
Pace signs significant new US cable contract
Saltaire, UK, 29 May 2008: Pace today announces it has signed a significant new contract for the US cable market. The contract is for a low cost digital to analogue converter product that will enable the transition to all-digital networks and will be delivered over the next three years.
Pace's Board now anticipates that the outturn for the year will materially exceed existing expectations.
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For further information, please contact:
Pace Micro Technology plc +44 (0) 1274 532000
Helen Kettleborough
Brunswick Group LLP + 44 (0) 207 404 5959
Fiona Laffan
Tim Williamson
About Pace plc
Pace 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.pace.com
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