Business Services Industry
NDS Data Broadcasting To Be Used By Loral's CyberStar
Business Wire, Sept 15, 1997
AMSTERDAM, Netherlands--(BUSINESS WIRE)--Sept. 15, 1997--NDS, a leading provider of end-to-end solutions for digital broadcasting, today announced that CyberStar, a Loral Company, will use its Data Broadcasting Network (DBN) solution to offer high bandwidth multimedia services around the globe.
CyberStar, a global broadband satellite based digital communications system, will serve business and consumer markets around the world with solutions and services that will enhance productivity, diminish processing time, and reduce overall communications cost. High speed Internet access, multicast file transfer, and multimedia data streaming are some of the capabilities built into the system. CyberStar services will be delivered through a network of Ku-Ka-band satellites positioned over the Americas, Europe, the Middle East and Asia.
"I am pleased to announce that the first commercial customer for DBN is the high profile CyberStar," says Dr. Abe Peled, NDS CEO. "Loral's plan to provide high bandwidth services through Ku-Ka-band satellites is one of the most exciting multimedia services of the future, and is just the sort of world-wide communications system that is strategic to NDS."
"DBN will become a critical component of the overall architecture for the CyberStar system," says Jack Weinberg, executive vice president of CyberStar. "We see CyberStar as an economic method of bringing the Global Information Infrastructure (GII) to business networks and home PCs around the world. We look forward to working with NDS to bring high-bandwidth digital communication services to users everywhere."
About CyberStar
CyberStar, based in Palo Alto, CA, is a limited liability partnership created and managed by Loral Space and Communications Ltd. (NYSE:LOR) a leading satellite manufacturer and provider of satellite-based services headquartered in New York City. CyberStar is an important addition to the existing communication infrastructure that will add capabilities and efficiency to businesses and consumers globally, that are not available today. Beginning in mid-1998 CyberStar services will support high bandwidth intranets, extranets, and virtual private networks. It will enable businesses to deliver value-added services through their own customized multicast channels. For consumers, it offers high speed Internet access, and a plethora of personalized content.
About NDS
NDS Americas is located in Newport Beach Calif. and is part of the company's worldwide operations with corporate headquarters based in the United Kingdom. The company provides complete end-to-end solutions for digital broadcasting and has worldwide R&D, manufacturing and support facilities.
NDS is a recognized leader in digital video compression, conditional access, and has proven systems integration and global support capabilities. NDS is providing its advanced technologies, products and services to 18 of the 30 current and planned digital satellite and terrestrial broadcasting systems around the world.
Some of NDS' key customers in the Americas include DIRECTV, INTELSAT, Galaxy Latin America, NetSat and Innova. In addition, over 8 million subscribers around the globe use NDS conditional access systems to receive pay TV satellite and cable services. NDS plays a major part in developing open systems and the international standards for the digital broadcasting arena, providing the technology and market know- how to implement standards such as MPEG-2, DVB and DTTV. NDS is part of the News Technology Group, responsible for News Corporation's high technology companies. NDS has won many awards for technology including an Emmy from The National Academy of Television Arts and Sciences and in the UK, two Queen's Awards, one for Technology and one for Export.
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Visit NDS on its World Wide Web site located at: http://www.ndsworld.com
CONTACT: The Benjamin Group Inc.
Daniel McKean, 408/559-6090
or
Loral Space & Communications
David Benton, 703/414-1045
or
NDS Limited
Margot Field, 44 (0)181 476 8158
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