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jbriggs
14-02-2006, 15:09
Thomson Announces an Agreement to Digitize All Russian TV and Radio Networks
(14/02/2006 09:10)
Thomson and AAT (Almaz Antey Telecommunications) form joint venture to provide Russian state−owned RTRN corporation digital TV, Radio network equipment
Paris, Moscow, February 14, 2006 – Thomson (Euronext 18453; NYSE: TMS) today announced an agreement with Russian Television &Broadcasting Network (RTRN), the company which operates all TV and radio networks in the Russian Federation. Under the agreement, RTRN will use equipment manufactured by the joint venture formed by and the former Thales Broadcast &Multimedia business (TBM, which became a part of Thomson in January) and the Russian company AAT (Almaz Antey Telecommunications) to modernize the Russian transmitter network as part of a move to digital television and radio.
TBM, which is now part of the Grass Valley business within Thomson, specializes in products and technologies for TV and radio broadcasting. The company has extensive experience in managing and implementing renovation and digital deployment programs for TV and radio networks in many countries.
AAT is a Russian company with general skills in research and production in the professional electronics area and also has specialized expertise in the installation of low−power TV and radio transmitters.
Given the complementary nature of their respective areas of expertise, TBM and AAT have created a joint venture company in Russia, held 49% by TBM and 51% by AAT to renovate and digitize television and radio
networks throughout the Russian Federation, and to bring them into compliance with European broadcasting standards DVB−T (Digital Video Broadcasting – Terrestrial) and Digital Radio Mondiale.
TBM will provide the joint venture with equipment and technology, while AAT will provide the necessary production facilities and installation capabilities as well as logistical support in the Russian Federation.
Certain statements in this press release, including any discussion of management expectations for future periods, constitute "forward−looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward−looking statements are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward−looking statements due to changes in global economic and business conditions, consumer electronics markets, and regulatory factors. More detailed information on the potential factors that could affect the financial results of Thomson is contained in Thomson's filings with the U.S. Securities and Exchange Commission.

About Thomson — Partner To the Media & Entertainment Industries Thomson (Euronext Paris: 18453; NYSE: TMS) provides services, systems and technology to help its Media & Entertainment clients – content creators, content distributors and users of its technology – realize their business goals and optimize their performance in a rapidly changing technology environment. The Group is the preferred partner to the Media &Entertainment Industries through its Technicolor, Grass Valley, RCA, and Thomson brands.
For more information: http://www.thomson.net.