Malaysia-based satellite broadcaster continues long-term relationship with Technicolor
Malaysia-based satellite broadcaster continues long-term relationship with Technicolor
Paris (France), 9 September 2010 – Technicolor (Euronext Paris : FR0010918292 ; NYSE : TCH) today announced that it has won a further contract from Astro, Malaysia’s leading integrated cross-media group. Already an established supplier of MPEG-2 and MPEG-4 set-top boxes for standard definition broadcasting, Technicolor is now to supply High Definition (HD) MPEG-4 STBs with local recording capability to support Astro’s move to offer more technology-adapting services and products to its close to 3 million and growing customer base.
The innovative HD enabled STB to be supplied by Technicolor includes the ability to record to an external disk or disks, allowing subscribers the convenience and flexibility to tailor their recording capability to meet their own requirements.
“This is another important milestone in our relationship with Astro, and I am delighted to be part of their plans to move to HD,” said Georges Laplanche, Senior Vice President, Connect Division at Technicolor. “From the beginning Astro has always challenged us to deliver technically excellent, operationally innovative platforms, a challenge which we have relished”.
“We are happy to be working with Technicolor and we are confident that their expertise in innovative high definition services will be a great support for us in our HD offering to our customers. This agreement marks the continuation of our relationship with the Group” added Rohana Rozhan, CEO of Astro.
Deliveries of the new STB are now underway, while at the same time Technicolor will also provide locally-based and extensive logistics and after-sales support to Astro.
***
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.
***
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.
For more information: www.technicolor.com
Press contacts: +33 1 41 86 53 93
technicolorpressoffice@technicolor.com
Investor relations: +33 1 41 86 55 95
investor.relations@technicolor.com
Shareholder relations:
shareholder@technicolor.com
Industry Analyst Relations: +33 1 41 86 59 39
industryanalystrelations@technicolor.com