Global Technology Leader, Kudelski Group, to Acquire Voting Control of OpenTV Corp.

Global Technology Leader, Kudelski Group, to Acquire Voting Control of OpenTV Corp.

Alliance With Digital TV Leader Expected to Advance Opportunities for Digital Television; OpenTV to Receive Up to $19.7 Million Capital Contribution

SAN FRANCISCO, Oct. 19 /PRNewswire-FirstCall/ -- OpenTV Corp. (Nasdaq:
OPTV), a leading provider of enabling technologies for advanced digital
television services, announced today that Kudelski Group (SWX Swiss
Exchange: KUD), a global leader in content protection and related digital
television technologies, has signed a stock purchase agreement with Liberty
Media Corporation (Nasdaq: LINTA; LCAPA) to acquire voting control of
OpenTV.
The transaction aligns two global digital television technology leaders
who, together, will be able to deliver fully integrated products and
solutions to the world's digital TV operators, spanning conditional access
software, middleware, interactive applications, and advertising. At the
same time, the transaction enables both companies to continue operating
independently, supporting efforts to serve some customers on a standalone
basis as their requirements dictate.
The Kudelski Group companies, with consolidated 2005 revenues of
approximately $550 million, include primarily:
-- Nagravision, a worldwide leader in integrated security software
solutions for digital television -- Nagra France, NagraStar, Nagra
Plus, NagraCard and NagraID
-- Abilis, Quative, and SmarDTV developing new technologies in mobile,
IPTV and security
-- SkiData specializing in public access
OpenTV has historically worked closely with the Kudelski Group to
deliver various digital television services, including PVR, VOD and other
on-demand services, EPG and content syndication for on-demand services,
interactive applications, and enabling technologies for enhanced and
interactive advertising.
"Aligning ourselves with a global leader in the digital television
sector like Kudelski will help us immediately extend our product lineup
into new markets and give us access to customers we haven't had
relationships with before. It will also open up new opportunities that we
may not otherwise have had the technical or related resources to address in
the near term," said James A. (Jim) Chiddix, Chairman and CEO of OpenTV.

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