Stavropol, Russia, December 12 2008.
XCrypt Inc. today signed a contract for delivery of a DVB-C CAS system to Sfincs TV in Stavropol, Russia. Sfincs TV is the largest cable operator in the region and services over 100,000 homes with analogue cable television at the moment.
Sfincs TV plans a phased roll-out of the XCrypt CAS solution in the coming 2 years. The deployment of the XCrypt CAS solution is the basis of the operator¡¯s plans to migrate its analogue cable customers to its new digital platform.
According to Mr. Klochkov Sergey Nikolaevich, Director of Sfincs TV, ¡°it is the total CAS / security offering and easy configuration of different business models in XCrypt CAS which made us decide to implement the XCrypt CAS system. This CAS system will support us to achieve our business goals and will be a solid foundation to meet future digital TV development in the larger Stavropol area¡±.
¡°The Russian countries are currently specifically targeted, since this is a fast growing market and of Strategic importance to XCrypt Inc.¡¯s growth. The migration of analogue cable customers to new digital cable platforms is a familiar market for XCrypt Inc. and we are proud that we can support Sfincs TV in their efforts to be the first operator in the Stavropol area with this technological advantage¡±. Said Mr. K.S. Sohn, CEO and President of XCrypt Inc.
About Xcrypt:
XCrypt Inc., Korea¡¯s leading Conditional Access system and solution provider, supplies cost effective and efficient full DVB Simulcrypt compliant CAS and Subscriber Management systems. XCrypt Inc.¡¯s Conditional Access System secures video content distribution over satellite, terrestrial and cable networks and protects the broadcaster¡¯s subscription revenues.
XCrypt Inc.¡¯s CAS solution has been implemented with a large number of broadcast operators world-wide in Satellite, Cable and Digital terrestrial installations and has well proven its robustness and security.
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