Business Services Industry
ICTV Signs Contract With St. Joseph Cablevision; Internet Access Over Television Will Be Available To 25,000 Homes
Business Wire, August 4, 1998
LOS GATOS, Calif.--(BUSINESS WIRE)--Aug. 4, 1998--ICTV, the company that provided the first commercial Internet and multimedia access through cable-connected television sets, Tuesday announced a five-year contract with St. Joseph Cablevision to provide interactive television services to 25,000 potential subscribers in the St. Joseph, Mo. serving area.
Initial roll-out of the ICTV system is expected in the fourth quarter 1998.
"St. Joseph Cablevision is an excellent partner that realizes the market potential for Internet and CD-ROM capabilities to the television set," said ICTV President Wes Hoffman.
"Our deployment with St. Joseph Cablevision validates the cable industry's need to provide Internet access to every U.S. household, including those who do not own a PC."
"We are pleased to be able to offer our customers affordable Internet access and CD-ROM gaming," said Kevin Dekker, general manager, St. Joseph Cablevision. "We believe that ICTV provides our customers the most enjoyable and affordable way to enjoy interactive services. St. Joseph Cablevision is proud to bring the World Wide Web, E-mail and CD-ROM content to all customers."
St. Joseph Cablevision customers with addressable boxes will be offered a full service package, which includes 5 hours of Internet access (Web browsing and E-mail) for $9.99. Cable customers without addressable boxes can subscribe to a family value package for $5.99 for three hours of access. Additional usage for both packages will cost $1.99 per hour during peak hours and $0.99 during off-peak hours.
As part of the contract, ICTV will provide equipment and will share revenues with St. Joseph Cablevision. Full financial details were not disclosed.
St. Joseph Cablevision is a newly rebuilt, state of the art cable system offering impulse pay per view, premium multiplexed packages and now Internet, e-mail and CD-ROM games. St. Joseph Cablevision is the largest system of News-Press & Gazette, a progressive thinking, multi-system operator whose home office is also in St. Joseph. St. Joseph is located an hour north of Kansas City on the Missouri River.
With headquarters in Los Gatos, ICTV provides cable operators the most cost-effective, open platform for the delivery of high-speed data and other broadband services to cable connected television sets. For more information on ICTV, visit the company's Web site at www.ictv.com or call Geoff Livingston at 714/540-1030. A video demonstration of the ICTV system and graphics are available to qualified media upon request.
CONTACT: Bock Communications Inc.
Valerie Christopherson or Geoff Livingston
714/540-1030
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