LOS GATOS, Calif.--(BUSINESS WIRE)--June 19, 2001--ICTV, supplier of advanced broadband systems with a headend-based solution for interactive TV, and Charter Communications, Inc. (Nasdaq:CHTR), today announced the launch of ICTV's broadband TV delivery platform in a system with 72,000 homes passed in Kalamazoo.
The launch, scheduled for the fall of 2001, will include email and full Internet access via the television. The combined service suite will eventually be available to digital homes throughout the Kalamazoo system.
"At Charter, we have high expectations for broadband interactive services," said Stephen E. Silva, Senior Vice President of Corporate Development & Technology for Charter Communications. "ICTV has come a long way in the past year and with this launch, we plan to give its solution -- and the consumer experience it enables -- a real opportunity to succeed. We believe in the iTV business model and are striving to bring this reality to our customers."
Robert B. Clasen, ICTV's Chairman and CEO, believes the Kalamazoo launch provides an excellent opportunity for ICTV to show the industry what broadband TV can do by offering a variety of applications from narrowband services like email to full broadband such as Internet access. "We're truly excited about this launch. Working with a company like Charter that is focused on delivering the best user experience to its subscribers affords us the opportunity to demonstrate not only the functional capabilities of our system, but also the impact of the consumer services that we enable. Operators can choose any iTV applications they want and we believe web-based interactivity is totally new and very exciting for the consumer. It's the next HBO. We look forward to proving that with Charter."
Charter Communications, a Wired World(TM) company, is among the nation's largest broadband communications companies, currently serving some 6.4 million customers in 40 states. 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). Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks(TM) brand. Advertising sales and production services are sold under the Charter Media(TM) brand.
A Fortune 500 company, Charter is the 2001 recipient of the Outstanding Corporate Growth Award from the Association for Corporate Growth, the 2001 R.E. "Ted" Turner Innovator of the Year Award from the Southern Cable Telecommunications Association, and the 2000 Innovator Award for Technology from Cablevision Magazine.
More information about Charter can be found at www.charter.com.
Based in Los Gatos, ICTV Inc. supplies highly advanced broadband communications systems for interactive television solutions to cable operators. The company's digital iTV delivery platform provides cable operators with a headend-based solution that enables delivery of broadband Internet, email with attachments, and interactive TV applications to any digital set-top box. The ICTV solution enables a full range of iTV possibilities, and provides a consistent experience across any digital set-top box, including all current and future generations of boxes. Employing a patented frequency reuse model, the ICTV system is scalable on any two-way Hybrid Fiber Coaxial cable system. ICTV stands uniquely positioned, with its centralized system, to efficiently support the increasingly sophisticated delivery of broadband content to the television.
ICTV believes it will serve an important, long-term strategic role that is fundamentally synergistic with most set-top middleware and application companies. In addition, the company's technology is standards-based so content providers' and other technology providers' products will work on ICTV's platform. The company has 21 issued patents and 10 patents pending.
Investors and strategic partners include ACTV (Nasdaq:IATV), Adelphia (Nasdaq:ADLAC), Cox (NYSE:COX), Lauder Partners, Liberty Digital (Nasdaq:LDIG), Motorola (NYSE:MOT), OpenTV (Nasdaq:OPTV), Shaw Communications (NYSE:SJR)(TSE:SJR.B), and Gemstar-TV Guide (Nasdaq:GMST). ICTV can be found on the Internet at http://www.ictv.com/.
|Bina Mirchandani, 408/364-9206
|Andy Morgan, 314/543-2217