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Press Release
OpenTV and Tencent Partner to Develop Instant Messaging Services Over Interactive TV in China
Partnership Expected to Combine Interactive Television With Multi-Platform Instant Messaging Technology in China
SHENZHEN, China--(BUSINESS WIRE)--June 26, 2001-- OpenTV (Nasdaq and AEX: OPTV), the world`s leading interactive television and media solutions company, and Tencent, the service provider behind China`s most popular instant messaging service, ``QQ,`` are joining forces to develop interactive TV and instant messaging services to be delivered to TV network operators and their subscribers in China.

The solution to be developed by OpenTV and Tencent is expected to provide TV network operators the option of launching a service that will allow subscribers to send and receive messages between televisions and other devices such as mobile phones, PCs and wireless pagers. Once developed, this solution would give TV network operators in China an opportunity to allow viewers to access instant messaging services from the TV set and thereby enable a more interactive program viewing experience.

``As a communication tool, instant messaging has grown at a considerable pace in China. By linking this growing market with the television, we believe we can offer network operators an important new value-add application with the ability to attract and retain new subscribers and generate new revenues,`` said James Ackerman, CEO of OpenTV.

Pony Ma, CEO of Tencent, said, ``QQ is growing rapidly and we continuously explore ways to better serve our customers. Tencent is now developing technology and services to allow QQ to be accessed across multiple platforms, including the PC, mobile and, now, television environments. We believe that partnering with OpenTV, the global leader in providing interactive television solutions, will allow us to more rapidly extend our instant messaging service to television sets in China and strengthen our partnerships with Chinese cable television network operators and consumers.``

Tencent is China`s leading instant messaging services provider, with its QQ platform serving over 18 million active users. Over 500 million messages are currently delivered across the QQ platform on a daily basis. OpenTV has been building up partnerships in Asia Pacific since 1998 and is the most widely deployed interactive television solution in the region. OpenTV currently has 12 cable, satellite, digital terrestrial and ADSL network partners in Asia.

``We are bringing together two industry leaders who, using their combined skills and product offerings, have the potential to provide a compelling proposition to China`s network operators and consumers,`` said Ackerman.

About OpenTV

OpenTV is the world`s leading interactive television and media solutions company. OpenTV builds a complete software and infrastructure platform that enables digital interactive television and brings on-demand content to other digital communications devices. OpenTV solutions are crafted to meet the needs of digital communications networks and include operating middleware, content applications, content creation tools, professional services expertise and strategic consulting.

At present, OpenTV software has been shipped with or installed in more than 16 million digital set-top boxes worldwide and has been selected by 43 digital cable, satellite and terrestrial communications networks in over 50 countries, including BSkyB in the United Kingdom; TPS and Noos in France; PrimaCom in Germany; Via Digital in Spain; Stream in Italy; DIRECTV(TM) Latin America LLC; and EchoStar`s DISH Network and USA Media Group in the U.S.

In addition, 32 digital set-top box manufacturers have licensed OpenTV`s software to date, and more than 1,100 developers have joined the company`s developer program. Worldwide headquarters for OpenTV is located in Mountain View, Calif. Information on OpenTV is available at www.opentv.com.

About Tencent

Tencent Computer System Co., based in Shenzhen, China, is the founder of the QQ mobile instant messaging service. Its symbol is a penguin wearing a red scarf. According to China Mobile and China Unicom, the mobile QQ service is the country`s most popular instant messaging service. QQ is cheaper than phone calls and quicker than email. More and more people are using QQ as a regular daily communication tool. ``What is your QQ number?`` has become a modern topic. Currently, mobile QQ services are available in more than 10 provinces and cities in China, including Beijing, Guangdong, Sichuan, Jiangsu, Zhejiang, Jiangxi and Liaoning.

This news release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including statements regarding the availability and capability of the joint instant messaging / iTV products and services to be developed by OpenTV and Tencent, and OpenTV`s current and future position in the marketplace. Actual results can differ materially. Risks and uncertainties that could cause actual results to differ include, but are not limited to, whether the current demand for interactive television and instant messaging products and services will continue, the rate at which the interactive television and instant messaging markets will continue to expand, the ability of OpenTV and Tencent to develop joint instant messaging / iTV products and services in a timely manner, customer acceptance of those products and services and the pricing thereof, the impact of competitive products and services and the pricing of those products and services, the impact of technological constraints and changes in technology, the impact of governmental regulation, and other risk factors detailed in the documents filed from time to time by OpenTV Corp. with the Securities and Exchange Commission, including those risk factors detailed in Item 3.D of OpenTV Corp.`s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 18, 2001. OpenTV undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
 
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