TECHNICOLOR, One of the World's Leading Providers Of TV Set-top Boxes, Signs Three-year Extension with DIRECTV
September 11, 2013 --
ISSY-LES-MOULINEAUX CEDEX, France, Sept. 11, 2013 (GLOBE NEWSWIRE) --
Technicolor, One of the World's Leading Providers Of TV Set-top Boxes, Signs
Three-year Extension with DIRECTV
Paris (France), September 11(th), 2013 - Technicolor (Euronext Paris: TCH) today
announced the signing of a three-year contract extension to continue the
development and offering of a range of High Definition set-top boxes and home
video services for DIRECTV.
Over the past 20 years Technicolor has been a reliable provider of set-top boxes
to DIRECTV, developing a satellite TV technology skillset and portfolio
positioning Technicolor last year as the second largest worldwide set-top box
provider. (Shipments in 2012) - source Infonetics.
"Technicolor has been a strategic business partner for DIRECTV for over two
decades and has been a supplier in every set-top box product category available
for DIRECTV," said Barbara Bessolo, SVP and head of Technicolor's Connected Home
Americas. "We are honored to continue that relationship."
"Technicolor has consistently delivered the reliable, high quality products we
need in order to remain at the forefront of the satellite television industry,"
said Henry Derovanessian, senior vice president, Hardware Engineering for
DIRECTV. "We look forward to continuing our relationship and our leadership
position as we enter new frontiers of innovation in the delivery of the best
television viewing experience to our subscribers throughout the United States
and Latin America."
Technicolor, a worldwide technology leader in the media and entertainment
sector, is at the forefront of digital innovation. Our world class research and
innovation laboratories enable us to lead the market in delivering advanced
video services to content creators and distributors. We also benefit from an
extensive intellectual property portfolio focused on imaging and sound
technologies, based on a thriving licensing business. Our commitment: supporting
the delivery of exciting new experiences for consumers in theaters, homes and
on-the-go. Euronext Paris: TCH www.technicolor.com
Press: +33 1 41 86 53 93
Investor relations: +33 1 41 86 55 95
Technicolor Signs Three-year Extension with DIRECTV: http://hugin.info/143597/R/1728635/577332.pdf