Wednesday, April 30, 2008

NDS Sees Growth in its Conditional Access

NDS Group, which supplies open end-to-end digital technology and services to digital pay-television platform operators and content providers,
reported quarterly revenue of $213.3 million, up 20% compared to a year earlier.

The number of smart card deliveries in the quarter was 10.6 million, up from 6.4 million a year earlier, while the number of Middleware clients added rose to 6.7 million compared with 5.1 million a year earlier. NDS now has 83.1 million middleware clients deployed.

Commenting on NDS's performance, Dr. Abe Peled, Chairman and Chief Executive Officer of NDS said, "This has been another good quarter for NDS. We are particularly pleased with our continuing progress on entering the German pay-TV market, and our additional wins in India. Our CA contract extension with Viasat and expanding the relationship to include our MediaHighway middleware are also gratifying and clear evidence of our focus on customer support."