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SMALL BUSINESS
China Digital TV Selected to Provide CA Systems to China's Mobile TV Networks
China Mobile Multimedia Broadcasting (CMMB) is a home-grown standard for
mobile TV broadcasting. With built-in CMMB modules, handheld devices such as
mobile phones, PDAs and GPSs will be able to receive live TV programs and
multimedia data. CSM commenced deployment of its mobile TV networks in
China Digital TV is one of the two CA systems providers selected by CSM,
and the only domestic provider. China Digital TV has deployed simulcryption
projects in 10 provinces and regions including
"We are extremely proud to be a CA provider in this landmark national
project," said Mr.
"CMMB's rapid development over the past year demonstrates the government's
determination to push the mobile TV industry forward. Industry experts expect
the total mobile TV subscriber base to increase into the tens-of-millions
within three years. With our first class engineering capability and
customer-centric service tradition, I believe China Digital TV will replicate
the success we have enjoyed in the digital cable TV market in
Safe Harbor Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "may," "should" and similar expressions. Such forward-looking statements include, without limitation and comments by management in this announcement about trends in the CA systems, digital television, cable television and related industries in the PRC and China Digital TV's strategic and operational plans and future market positions. China Digital TV may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about China Digital TV's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from projections contained or implied in any forward-looking statement, including but not limited to the following: competition in the CA systems, digital television, cable television and related industries in the PRC and the impact of such competition on prices, our ability to implement our business strategies, changes in technology, the structure of the cable television industry or television viewer preferences, changes in PRC laws, regulations or policies with respect to the CA systems, digital television, cable television and related industries, including the extent of non-PRC companies' participation in such industries, and changes in political, economic, legal and social conditions in the PRC, including the government's policies with respect to economic growth, foreign exchange and foreign investment.
Further information regarding these and other risks and uncertainties is included in our annual report on Form 20-F and other documents filed with the U.S. Securities and Exchange Commission. China Digital TV does not assume any obligation to update any forward-looking statements, which apply only as of the date of this press release.
About China Digital TV
Founded in 2004, China Digital TV is the leading provider of conditional
access ("CA") systems to
For investor and media inquiries, please contact:
In China:
Eric Yuan
China Digital TV
Tel: +86-10-8279-0021
Email: ir@chinadtv.cn
Cynthia He
Brunswick Group LLC
Tel: +86-10-6566-9504
Email: che@brunswickgroup.com
In the US:
Kate Tellier
Brunswick Group LLC
Tel: +1-212-706-7879
Email: ktellier@brunswickgroup.com
SOURCE China Digital TV Holding Co., Ltd.