WORLDSPACE(R) Satellite Radio Chooses Certicom's Conditional Access System to Protect New Service in Europe |
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By: Certicom Corp. Posted: 2007-02-05 20:54:35 |
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Certicom (TSX: CIC) today announced that WORLDSPACE(R) Satellite Radio (NASDAQ: WRSP), a global leader in satellite-based digital radio services, has licensed Certicom's Conditional Access System to secure its Satellite Digital Radio (SDR) based broadcast services for the European market.
WORLDSPACE plans to roll out a European service on a sequential, country-by-country basis, beginning with Italy, which will be serviced by its current AfriStar(TM) satellite. An additional satellite is expected to provide increased capacity over Europe, enabling consumers to have access to approximately 50 channels per country of diversified sports, talk and commercial-free music programming at service maturity. Satellite radio requires a security solution that is strong enough to protect copyrighted material during transmission and at rest, while at the same time providing seamless activation and authorization by users. Certicom's Conditional Access System is currently deployed in millions of consumer and commercial electronic devices and protects hundreds of millions of dollars in subscription-based revenue. Certicom, the authority for strong, efficient cryptography, is the global leader in delivering security and conditional access solutions for the specialized needs of one-way digital satellite broadcasting systems and is ideally suited for other digital broadcast architectures such as Internet Protocol Television (IPTV) and mobile IPTV. "At WORLDSPACE we pride ourselves on delivering unique, personalized content to our global subscribers. Through this agreement with Certicom, we are ensuring that our customers will continue to receive the highest quality programming available," said Alexander P. Brown, Co - COO of WORLDSPACE, "Certicom has proven itself under the most demanding digital broadcasting environments and will deliver the highest level of security for our content while ensuring our customers the ease of use they expect." "WORLDSPACE has made a commitment to offer innovative programming to its users, enhancing their listening experience. The value of this level of investment demands a strong security solution," said Ian McKinnon, Certicom's president and CEO. "Satellite broadcasting environments present unique challenges where bandwidth constrained systems require optimized security that doesn't affect performance." Under the terms of the agreement, WORLDSPACE will pay license royalties and an annual system maintenance and support fee. About WORLDSPACE(R) Satellite Radio Based in the Washington, DC metropolitan area, Worldspace, Inc. (Nasdaq: WRSP) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WORLDSPACE delivers the latest tunes, trends and information from around the world and around the corner. WORLDSPACE subscribers benefit from a unique combination of local programming, original WORLDSPACE content and content from leading brands around the globe including the BBC, CNN, Virgin Radio UK, NDTV and RFI. The WORLDSPACE satellites cover two-thirds of the earth's population with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to WORLDSPACE Satellite Radios anytime and virtually anywhere in its coverage areas. WORLDSPACE is a pioneer of satellite-based digital radio services (DARS) and was instrumental in the development of the technology infrastructure used today by XM Satellite Radio. For more information, visit http://www.WORLDSPACE.com. About Certicom Certicom protects the value of your content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for classified and sensitive but unclassified government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the undisputed leader in ECC, Certicom security offerings are currently licensed to more than 300 customers including General Dynamics, Motorola, Oracle, Research In Motion and Unisys. Founded in 1985, Certicom's corporate offices are in Mississauga, ON, Canada with worldwide sales and marketing headquarters in Reston, VA and offices in the US, Canada and Europe. Visit http://www.certicom.com Certicom, Certicom ECC Core, Certicom Security Architecture, Certicom Trust Infrastructure, Certicom CodeSign, Certicom KeyInject, Security Builder, Security Builder API, Security Builder BSP, Security Builder Crypto, Security Builder ETS, Security Builder GSE, Security Builder IPSec, Security Builder MCE, Security Builder NSE, Security Builder PKI and Security Builder SSL are trademarks or registered trademarks of Certicom Corp. All other companies and products listed herein are trademarks or registered trademarks of their respective holders. Information subject to change. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits; the ability of the Company to develop, promote and protect its proprietary technology security breaches or defects in the Company's products; competitive conditions in the businesses in which the Company participates; changes in consumer spending; the outcome of legal proceedings as they arise; general economic conditions and normal business uncertainty; consolidation in the Company's industry and by its customers; customer preferences towards product offerings; the risk that customers may cancel their contracts with the Company; reliance on a limited number of customers; demand for ECC-based technology; performance of the Company's management team and the Company's ability to attract and retain skilled employees; operating the Company's business profitably; fluctuations in revenue and foreign currency exchange rates; interest rate fluctuations and other changes in borrowing costs; the ability to develop and maintain strategic relationships; and other factors identified under the heading "Risk Factors" in the Company's annual information form dated July 26, 2006 and filed on SEDAR at http://www.sedar.com. |
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