Seoul (March 10, 2009) - Xcrypt, Inc. (www.xcrypt.co.kr) today announced that Unitel de Bolivia, http://www.unitel.tv/site/index.php has selected Xcrypt Conditional Access solutions to secure the regional distribution of its satellite feed to cable operators throughout Latin America.
In partnership with its distributor in the region, AV Sistema of Buenos Aires, Argentina, Xcrypt won the deal among top-tier CAS providers. The Xcrypt-secured Unitel channel will be received by over 100 of Unitel¡¯s professional customers using Xcrypt compatible receivers to ensure reliable and highly secure DVB-S2 transmission.
This new deal in the Latin American region shows that Xcrypt¡¯s policy of working with local distributors shortens the acceptance cycle by local broadcasters. ¡°Latin America is a difficult market where a local presence is key. Our partnership with local Systems Integrators such as AV Sistema allows us to immediately identify opportunities and offer an adapted solution¡± says Mr Sohn, Xcrypt¡¯s President and CEO. ¡°There are two axis of development to our presence in Latin America. One is the DTO distribution of secured feed to cable operators such as the Unitel project. Many channel owners want to know where their signal is going and who is using it. Our compact yet secure solution allows them just that. At the same time, it is a promotional opportunity as Xcrypt CA solution will be present in over 100 cable operators, enhancing our brand recognition. This in turn will strengthen our second development priority: the small to medium size cable operators.¡±
¡°Xcrypt CAS has been flexible and innovative¡± says Alejandro Perelmann, AV Sistema¡¯s CEO. ¡°They responded quickly when the opportunity arose. We¡¯re looking at many more of these opportunities for using Xcrypt Inc¡¯s technologies. They will help us strengthen our relationship with our customers in TV broadcast and CATV operations. The transition to digital is only just starting in the region, so establishing market presence early on is essential to long term success. In the Latin American market maybe more than anywhere else, patience is a virtue.¡±
About Xcrypt, Inc.
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.
http://www.xcrypt.co.kr
Contacts: Sean PARK - Marketing Manager - Tel: +82 2 380 3400 - Email: sean@xcrypt.co.kr
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