December 18, 2000 in Social Responsibility News

SAMSUNG Signs Collaboration Agreement with Portugals OCTAL for the Manufacturing and Co-Development of Advanced Digital Set-Top-Boxes Based on Microsoft TV Platform

SEOUL, Korea - December 18, 2000 - Samsung Electronics Co., Ltd. and Octal have concluded an agreement to jointly develop advanced digital set-top boxes based on Microsoft TV middleware. A signing ceremony was held on December 8 in the presence of Kwan-soo Lee, Senior Vice President and General Manager of the Internet Infrastructure Team at Samsung Electronics; Jongwon Park, President of Samsung Electronica Portuguesa (SEP); Jose Jesus, Octal President and Nuno Duarte, Octal Managing Director. The two sides also agreed to expand their partnership in related business areas in the future.

The two companies will co-develop both the necessary hardware and software, as well as, jointly market the products co-developed under this agreement to satellite, terrestrial and cable TV companies around the world.

The STB5005C will become one of the first commercialized digital cable set-top boxes to use the Microsoft TV Advanced Digital Platform. As such, it will not only be capable of receiving and recording interactive digital video broadcasts (Free-to-air, PPV, IPPV) but will also be able to support Broadband Internet Access, Audio/Video on demand, e-mail, chatting, home shopping, home banking, networked games, integrated WEB DVD/CD Player and other digital media services.
The Microsoft TV Platform is a Microsoft-developed enhanced TV Software solution that includes client software for set-top boxes as well as server software for a network operator headend. The Microsoft platform delivers broad support for international standards (HTML 4.0, DHTML, XML, ATVEF, NTSC, PAL, HDTV, ATSC, DVB, OpenCable, ARIB).

Samsung and Octal expect to start worldwide commercialization of the digital set-top boxes next March and will initially supply them under an initial $30 million contract via OCTAL to Portugal's TV Cabo (TV Cabo is the leading cable operator in Portugal, with more than 880,000 analog subscribers, reaching a total of 2.15 million homes. TV Cabo complements its cable coverage through a multi-channel digital satellite platform with more than 106,000 subscribers).

The world set-top box market is forecast to grow rapidly, due to the rapid adoption of Digital Broadcasting in Europe and Americas.

About Samsung Electronics
Samsung Electronics Co., Ltd., with 1999 sales revenue of US$22.8 billion, is a world leader in the electronics industry. The Korea-based concern has operations in about 50 countries with 54,000 employees worldwide. The company consists of three main business units: Digital Media System, Semiconductors and Information & Communications Businesses. For more information, please visit our website,

About Octal and Novabase
OCTALTV is a 51% owned subsidiary of Novabase SGPS (Lisbon BVL "NBAN.IN"). The Company offers a wide range of Interactive Digital Cable, Satellite and Terrestrial Set-top-box devices for Microsoft based TV platforms.

Novabase is one of the leading IT companies in Portugal, with more than 800 employees in Portugal and Brazil. Novabase is headquartered in Lisbon, Portugal, and listed in the Lisbon Stock Exchange (BVL: NBAN.IN). It has built a track record for innovation and high growth (45% per year) in the past 8 years. Its activity is structured in 5 main business areas: Novabase e-Consulting (a leading systems integrator), Novabase ASP (addressing the IT needs of SMEs), Novabase e-Talent (operating in the areas of recruitment, selection and outsourcing), Novabase Interactive TV and Novabase Capital (investor in companies with strong synergies with other Novabase businesses). For more information, please visit

**All brands and company names are the property of their respective holders.

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