The Group brings its expertise in Digital Home solutions to the newly-formed JV
The Group brings its expertise in Digital Home solutions to the newly-formed JV
Paris, September 20, 2010 – Technicolor (Euronext Paris: FR0010918292 ; NYSE : TCH) today expressed its support for YouView - formerly known as Project Canvas, as an innovation partner.
YouView will bring a new subscription-free internet-connected TV service to UK homes next year. As one of the innovation partners working closely with the project, Technicolor has contributed to the development of the core technical specifications to support the launch of the first YouView consumer equipment.
"Technicolor is honored to support the launch of an open internet-connected TV platform which will transform UK viewers' home entertainment experience" said Georges Laplanche, Senior Vice President,Connect Division at Technicolor. "Being involved in this project was very important for us: as we are working with major service providers for many years, we are at the forefront of innovating and driving the next generation of connected home devices, and we are proud to bring our expertise to YouView".
Richard Halton, CEO, YouView said: "YouView is a partnership right across the industry and we are indebted to everyone at Technicolor, as one of our partners, for their work towards making a better future for TV for everyone."
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Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s filings with the U.S. Securities and Exchange Commission and its filings with the French Autorité des marchés financiers.
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About Technicolor
With more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world’s largest film processors; one of the largest independent manufacturers and distributors of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business.
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