ST. LOUIS--(BUSINESS WIRE)--March 29, 2001--
Vision of Television Portal Services, Including Internet Access and E-mail, To Be Realized
Charter Communications, Inc. (Nasdaq:CHTR) today announced the selection of Liberate Technologies (Nasdaq:LBRT) open standards-based software in their rollout of interactive cable television services to advanced set-tops. Stephen Silva, Charter Senior Vice President of Corporate Development and Technology, said Liberate was chosen because Liberate TV Platform(TM) software has a proven record of success in the delivery of interactive services to more than one million customers in the United States and Europe.
"The success Liberate has achieved with their open standards-based software clearly demonstrates an ability to provide interactive services and content," Mr. Silva said. "We're already running Liberate software on advanced Motorola set-tops in a pilot program in St. Louis. The results we've achieved clearly demonstrate their ability to efficiently add new services and content easily. I'm excited to work with them in realizing our vision to provide television portal services to our customers, including Internet access and e-mail," he continued.
"Charter will maintain their industry leadership in the deployment of advanced products by offering its customers compelling interactive television services built around the proven Liberate software platform," said Mitchell Kertzman, CEO of Liberate Technologies. "Their selection of Liberate clearly demonstrates that our proven, open standards-based platform, delivers a solution that cable operators like Charter need now, and are not finding elsewhere."
Mr. Silva said Charter digital customers in St. Louis with Liberate-enabled Motorola DCT5000 set-tops will initially have Internet access, the TV Guide Interactive programming guide, and television-based e-mail and interactive television portal services developed and supported by digeo, inc. Charter customers will also have access to advanced video systems with RealSystem G2 based content through the Liberate TV Navigator(TM) client software.
Mr. Silva said Charter will integrate services of existing business partners, including Wink Communications and Diva Systems, for the purpose of providing interactive programming and video-on-demand services, respectively, through its television portal.
About Charter Communications
Charter Communications, a Wired World(TM) company, is among the nation's largest broadband communications companies with nearly 7 million customers, after giving effect to a pending acquisition from AT&T Broadband. Charter provides a full range of advanced broadband services to the home, including cable television under the Charter Cable TV brand; advanced digital video programming services under the Charter Digital Cable(TM) brand; and high-speed Internet access via Charter Pipeline(TM). Charter is the 2001 recipient of the Outstanding Corporate Growth Award from the Association for Corporate Growth and the 2000 Innovator Award for Technology from Cablevision Magazine. More information about Charter can be found at www.charter.com.
About Liberate Technologies
Liberate Technologies is the leading provider of a complete software platform for delivering Internet-enhanced content and applications to information appliances, such as television set-top boxes and game consoles. Liberate's Internet-based client and server software allows network operators to provide consumers access to network operator-branded applications and services. Headquartered in San Carlos, California, the company has sales offices in the U.S., Canada, Japan and the U.K.
Liberate, Liberate TV Platform, Liberate TV Navigator, and the Liberate logo are trademarks of Liberate Technologies. All other trademarks are the property of their respective owners.
Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Information in this release that involves Liberate's expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Liberate as of the date of the release, and Liberate assumes no obligation to update them. These statements are not guarantees of future performance, and actual results could differ materially form Liberate's current expectations. Liberate's filings with the Securities and Exchange Commission (SEC) (including its Form 10Q filed on January 12, 2001) discuss factors that could contribute to such differences and describe other risks of Liberate's business.
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