JustLogan
07-26-05, 02:45 AM
Didn't see this posted yet...
http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/07-25-2005/0004074425&EDATE=
D&M Holdings Inc. Teams Up With PRCDirect, Ltd. to Deliver China's First-Ever Interactive TV Data and DVR Services
-D&M Will License Its ReplayTV(R) Technology and Provide DVR Design Services-
TOKYO and GUANGZHOU, China, July 25 /PRNewswire/ -- D&M Holdings Inc.
(TSE II: 6735) and PRCDirect, Ltd. today announced the signing of a licensing
and service agreement between the two companies to deliver interactive TV data
and DVR services in China accessed over the Internet. The agreement opens the
door for China to dramatically enhance the TV viewing experience for consumers
with its first-ever household delivery of advanced program information
services, coupled with digital TV recording capabilities and more.
PRCDirect is the leading provider of EPG (Electronic Program Guide)
datafeed and viewer data services to China's Internet, broadcast and
communications industries. Under terms of the agreement, D&M Holdings will
receive a minority equity position in PRCDirect.
D&M, which owns Denon, Marantz, McIntosh Laboratory and the D&M
Professional, ReplayTV(R), Rio(R) and Escient(R) brands, will provide
PRCDirect with the interactive program guide (iEPG) service technology and
embedded device software from Replay TV. ReplayTV has proven device
management, content delivery infrastructure and robust digital video recorder
technology to support the delivery of interactive media services.
The two companies plan interactive digital television information delivery
and device management services targeting China's 700 million television
viewers, 350 million mobile subscribers and 100 million Internet users. The
agreement includes delivery of similar services to broadcast and
communications companies in Hong Kong, Macau, Singapore, and Taiwan. Unlike in
the U.S., where cable and satellite provide digital television technologies,
television signals in China are delivered primarily in the analog format, and
the great majority of China's 3000+ local cable operators in a highly
fragmented industry have yet to invest in a digital technology infrastructure.
This agreement between D&M and PRCDirect will create an IP-based interactive
datafeed delivery solution in the near future for China -- one that does not
require the TV industry to make a huge infrastructure investment.
Bernie Sepaniak, president of D&M's Rio, ReplayTV, Escient and ACT
business units, noted: "This agreement between D&M Holdings and PRCDirect has
far-reaching implications for the growing Chinese home entertainment industry.
For the first time, Chinese households will be able to enjoy access to digital
TV programming information, and with the support of our ReplayTV technologies,
Chinese viewers will finally be able to enjoy advanced DVR features and
capabilities similar to those that are already changing the TV landscape in
the U.S. and Europe."
Said Jim Miller, chairman and CEO of PRCDirect: "We are extremely pleased
to work with D&M Holdings. They are an entrepreneurial group with an
excellent portfolio for interactive technologies and home entertainment
products. In partnership with our television, telecom, advertising and
Internet customers in China, we can jointly implement a wide variety of
interactive digital media business models that create new revenue streams from
existing customer bases."
Added Mr. Sepaniak: "PRCDirect is the ideal company to introduce our
interactive technologies in China, because it already has strong business
relationships with television, telecom and Internet operators in China. The
company also has a solid track record in bringing new services that increase
client revenue."
D&M Holdings' Advanced Center for Technology (ACT) is the D&M business
unit responsible for external licensing and business relationships and has
developed the relationship with PRCDirect.
ReplayTV continues to offer DVRs and provide program guide services to
users in the U.S. ReplayTV can also support other companies needing device
management and delivery services for EPG, User data or content.
About D&M Holdings Inc.
D&M Holdings Inc. (TSE II: 6735) is based in Tokyo and owns the Denon,
Marantz, McIntosh Laboratory, D&M Professional, ReplayTV(R), Rio(R) and
Escient(R) brands. Denon, Marantz, McIntosh and D&M Professional are global
industry leaders in the specialist home theater, audio/video consumer
electronics or professional audio markets, with a strong and long-standing
heritage of manufacturing and marketing high-performance audio and video
components. The ReplayTV, Rio and Escient brands represent award-winning
technologies in digital home entertainment. Additional information is
available at http://www.dm-holdings.com .
About PRCDirect Ltd.
PRCDirect has operations exclusively in the China market. China Telecom,
China Netcom, China Mobile, China Unicom, Southern Media Group, Shanda,
Tencent Technologies, Liton, Mindshare China and Gallup China are among
PRCDirect clients for customer, viewer and EPG data services. The company
launched EPG datafeed services in China earlier this year, and plans to launch
other enabling services for interactive digital media markets in coming
months. More information can be found at http://www.prcdirect.com.
Statements in this news release regarding D&M Holdings Inc. and/or
PRCDirect, Ltd. that are not statements of historical fact may include forward
looking statements regarding future events or the future financial performance
of the company. We wish to caution you that such statements are just
predictions and that actual events or results may differ materially. Forward
looking statements involve a number of risks and uncertainties surrounding the
integration of the company's acquisitions, competitive and industry
conditions, targeted cost savings programs, market acceptance for the
company's products, technological changes, developing industry standards and
other factors related to the company's businesses
SOURCE D&M Holdings Inc. and PRCDirect, Ltd.
Web Site: http://www.dm-holdings.com http://www.prcdirect.com
http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/07-25-2005/0004074425&EDATE=
D&M Holdings Inc. Teams Up With PRCDirect, Ltd. to Deliver China's First-Ever Interactive TV Data and DVR Services
-D&M Will License Its ReplayTV(R) Technology and Provide DVR Design Services-
TOKYO and GUANGZHOU, China, July 25 /PRNewswire/ -- D&M Holdings Inc.
(TSE II: 6735) and PRCDirect, Ltd. today announced the signing of a licensing
and service agreement between the two companies to deliver interactive TV data
and DVR services in China accessed over the Internet. The agreement opens the
door for China to dramatically enhance the TV viewing experience for consumers
with its first-ever household delivery of advanced program information
services, coupled with digital TV recording capabilities and more.
PRCDirect is the leading provider of EPG (Electronic Program Guide)
datafeed and viewer data services to China's Internet, broadcast and
communications industries. Under terms of the agreement, D&M Holdings will
receive a minority equity position in PRCDirect.
D&M, which owns Denon, Marantz, McIntosh Laboratory and the D&M
Professional, ReplayTV(R), Rio(R) and Escient(R) brands, will provide
PRCDirect with the interactive program guide (iEPG) service technology and
embedded device software from Replay TV. ReplayTV has proven device
management, content delivery infrastructure and robust digital video recorder
technology to support the delivery of interactive media services.
The two companies plan interactive digital television information delivery
and device management services targeting China's 700 million television
viewers, 350 million mobile subscribers and 100 million Internet users. The
agreement includes delivery of similar services to broadcast and
communications companies in Hong Kong, Macau, Singapore, and Taiwan. Unlike in
the U.S., where cable and satellite provide digital television technologies,
television signals in China are delivered primarily in the analog format, and
the great majority of China's 3000+ local cable operators in a highly
fragmented industry have yet to invest in a digital technology infrastructure.
This agreement between D&M and PRCDirect will create an IP-based interactive
datafeed delivery solution in the near future for China -- one that does not
require the TV industry to make a huge infrastructure investment.
Bernie Sepaniak, president of D&M's Rio, ReplayTV, Escient and ACT
business units, noted: "This agreement between D&M Holdings and PRCDirect has
far-reaching implications for the growing Chinese home entertainment industry.
For the first time, Chinese households will be able to enjoy access to digital
TV programming information, and with the support of our ReplayTV technologies,
Chinese viewers will finally be able to enjoy advanced DVR features and
capabilities similar to those that are already changing the TV landscape in
the U.S. and Europe."
Said Jim Miller, chairman and CEO of PRCDirect: "We are extremely pleased
to work with D&M Holdings. They are an entrepreneurial group with an
excellent portfolio for interactive technologies and home entertainment
products. In partnership with our television, telecom, advertising and
Internet customers in China, we can jointly implement a wide variety of
interactive digital media business models that create new revenue streams from
existing customer bases."
Added Mr. Sepaniak: "PRCDirect is the ideal company to introduce our
interactive technologies in China, because it already has strong business
relationships with television, telecom and Internet operators in China. The
company also has a solid track record in bringing new services that increase
client revenue."
D&M Holdings' Advanced Center for Technology (ACT) is the D&M business
unit responsible for external licensing and business relationships and has
developed the relationship with PRCDirect.
ReplayTV continues to offer DVRs and provide program guide services to
users in the U.S. ReplayTV can also support other companies needing device
management and delivery services for EPG, User data or content.
About D&M Holdings Inc.
D&M Holdings Inc. (TSE II: 6735) is based in Tokyo and owns the Denon,
Marantz, McIntosh Laboratory, D&M Professional, ReplayTV(R), Rio(R) and
Escient(R) brands. Denon, Marantz, McIntosh and D&M Professional are global
industry leaders in the specialist home theater, audio/video consumer
electronics or professional audio markets, with a strong and long-standing
heritage of manufacturing and marketing high-performance audio and video
components. The ReplayTV, Rio and Escient brands represent award-winning
technologies in digital home entertainment. Additional information is
available at http://www.dm-holdings.com .
About PRCDirect Ltd.
PRCDirect has operations exclusively in the China market. China Telecom,
China Netcom, China Mobile, China Unicom, Southern Media Group, Shanda,
Tencent Technologies, Liton, Mindshare China and Gallup China are among
PRCDirect clients for customer, viewer and EPG data services. The company
launched EPG datafeed services in China earlier this year, and plans to launch
other enabling services for interactive digital media markets in coming
months. More information can be found at http://www.prcdirect.com.
Statements in this news release regarding D&M Holdings Inc. and/or
PRCDirect, Ltd. that are not statements of historical fact may include forward
looking statements regarding future events or the future financial performance
of the company. We wish to caution you that such statements are just
predictions and that actual events or results may differ materially. Forward
looking statements involve a number of risks and uncertainties surrounding the
integration of the company's acquisitions, competitive and industry
conditions, targeted cost savings programs, market acceptance for the
company's products, technological changes, developing industry standards and
other factors related to the company's businesses
SOURCE D&M Holdings Inc. and PRCDirect, Ltd.
Web Site: http://www.dm-holdings.com http://www.prcdirect.com