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      schrieb am 30.11.02 18:19:12
      Beitrag Nr. 1 ()
      Profile:NDS Group plc provides open conditional access software and interactive systems for the secure delivery of entertainment and information to television set-top boxes and personal computers. The Company also develops secure datacasting solutions for the distribution of data and multimedia. The Company`s products support a variety of broadcasting media, including analog and digital satellite television, digital cable television, digital terrestrial television, the Internet and other broadband media. NDS offers products and services in three main areas: conditional access systems and services; enhanced-TV and interactive-TV applications and services; and head-end and network infrastructure hardware and services including systems for data broadcasting over broadband networks.
      http://www.nds.com
      Avatar
      schrieb am 30.11.02 18:22:15
      Beitrag Nr. 2 ()
      NDS Group plc Reports Increased First Quarter Revenues
      Tuesday October 29, 7:09 am ET


      LONDON--(BUSINESS WIRE)--Oct. 29, 2002--NDS Group plc (NASDAQ/NASDAQ Europe:NNDS)
      Highlights

      Revenue up 4% to (pound)62.5 million ($97.5 million)
      Operating income before exceptional items and goodwill amortisation up 8% to (pound)13.4 million ($20.9 million)
      Conditional Access system for Versatel digital cable in Moscow goes live
      NDS Synamedia selected by SOFTBANK Broadmedia Corporation in Japan for full-scale ADSL rollout
      Scientific Atlanta integrates NDS VideoGuard conditional access into set-top boxes for Cablevision
      NDS to provide Conditional Access to the merged Sky Italia platform in Italy
      NDS and MTV win BAFTA award for Ad-Break Tennis; NDS wins BIMA Technical Innovation Award for XTV
      Active set-top box base now exceeds 30 million
      NDS Group plc, a News Corporation company and the world`s leading provider of conditional access systems and interactive applications for digital pay TV, today announced its unaudited results for the quarter ended 30 September 2002 (Q1 FY03).

      Commenting on NDS`s performance, Dr. Abe Peled, President and Chief Executive Officer, said: "In a difficult environment NDS has continued to perform well, supporting our customers to grow their business and delivering new systems, gaining market share in the process. Our progress on new technologies has been particularly rewarding with the launch of our broadband IP Synamedia system in Japan, and the peer recognition we have received for our interactive and XTV technologies".

      Rick Medlock, Chief Financial Officer, added: " Whilst most of the headlines in the last quarter have been focused on activities in the courts, it is encouraging to see the resilience of our people and our business model to keep delivering good financial results. In a tough business environment for new pay-TV deployments, it is important to keep a strong grip on our costs and focus on making sure that our technologies remain world leaders."

      Key Statistics

      -0-

      3 months 3 months Year
      to to ended
      30 30 30 June
      September September 2002
      2002 2001 % change
      ----------------------------------------------------------------------
      (pound)`000
      ----------------------------------------------------------------------
      Revenues 62,528 60,067 +4%240,788
      ----------------------------------------------------------------------
      Operating Income, before
      amortisation & exceptional costs 13,394 12,361 +8% 53,871
      ----------------------------------------------------------------------
      Operating Margin % 21.4% 20.6% +0.8% 22.4%
      ----------------------------------------------------------------------
      Exceptional costs 1,500 - - 3,826
      ----------------------------------------------------------------------
      EBITA 11,894 12,361 -4% 50,045
      ----------------------------------------------------------------------
      Net Income 6,714 7,586 -11% 30,678
      ----------------------------------------------------------------------

      ----------------------------------------------------------------------
      $`000
      ----------------------------------------------------------------------
      Revenues 97,544 93,705 +4%375,629
      ----------------------------------------------------------------------
      Operating Income, before
      amortisation & exceptional costs 20,895 19,283 +8% 84,039
      ----------------------------------------------------------------------
      Operating Margin % 21.4% 20.6% +0.8% 22.4%
      ----------------------------------------------------------------------
      Exceptional costs 2,340 - - 5,969
      ----------------------------------------------------------------------
      EBITA 18,555 19,283 -4% 78,070
      ----------------------------------------------------------------------
      Net Income 10,474 11,834 -11% 47,858
      ----------------------------------------------------------------------

      ----------------------------------------------------------------------
      Subscribers
      ----------------------------------------------------------------------
      Net Subscriber Additions
      0.8 1.2 5.1
      million million million
      ----------------------------------------------------------------------
      Subscribers at end of period
      30.4 25.7 29.6
      million million million
      ----------------------------------------------------------------------

      1. For the convenience of the reader only, pounds sterling

      amounts for all periods have been translated into US dollar

      amounts at the exchange rate of US$1.56 = (pound)1.00, the

      closing rate of exchange on 30 September 2002.

      2. The Company has defined operating income before charges for

      the amortisation of intangible assets (EBITA) as a key measure

      of operating performance, so that period on period comparisons

      are not distorted by the impact of the amortisation charge

      arising from acquisitions. Operating income after goodwill

      amortisation can be found in the attached tables. We have also

      presented figures for EBITA before exceptional items, so that

      period to period comparisons are not distorted by these

      unusual items.

      3. In the opinion of management, the unaudited quarterly results

      reflect all adjustments necessary to present fairly the

      financial position, results of operations and cashflows of

      NDS. The unaudited quarterly results should be read in

      conjunction with the audited consolidated financial statements

      as of 30 June 2002.

      4. The consolidated results include those of VISIONIK A/S from 31

      May 2002.

      5. Figures for adjusted diluted earnings per share are calculated

      based on net profit after adjusting for amortisation of

      intangible assets and exceptional items, net of tax, so as to

      provide a more meaningful period-on-period comparison.

      OPERATIONAL REVIEW

      Underlying Business

      The strength of our underlying business model is demonstrated by our performance during a quarter in which the uncertainty in the world economic outlook has arguably deteriorated. Our conditional access systems now protect broadcasters` revenues from over 30 million authorised set-top boxes. Our interactive television infrastructure is providing viewers with better and more exciting information and entertainment. Our interactive applications, including games from our Visionik team, continue to receive critical acclaim and drive broadcaster`s revenues upwards. Our OpenBet(TM) software underpins the business of many of the leading book-makers for all their outlets. Our datacasting technology is being deployed in Asia and the US. Our ADSL technology is being installed in Japan.

      Our existing customers are experiencing mixed success in their markets; BSkyB, DIRECTV, SkyLife and Cablevision continue to show encouraging growth and continue to add new subscribers. In Latin America, the economic conditions have deteriorated further and we have seen some platforms start to lose subscribers. Nevertheless, our net subscriber growth was 800,000 subscribers in the quarter.

      Our management and employees remain focussed on our strategy of providing our customers with technology which enables them to add new subscribers and to grow revenues from existing subscribers. As our customers grow, we share in their success.

      Litigation

      For information regarding litigation affecting the Company, reference is made to Note 2a of the unaudited financial information which accompanies this announcement.

      FINANCIAL REVIEW

      Revenues

      Revenues for the quarter ended 30 September 2002 were (pound)62.5 million, a 4% increase over the first quarter of the previous financial year.

      Conditional access revenues were (pound)41.4 million for the quarter, compared to (pound)25.1 million for the same period in the previous year. The increase is due to significant shipments of cards for DIRECTV. The base of active smart cards protecting our customers` revenues rose by 0.8 million in the quarter to 30.1 million at 30 September 2002.

      Revenues from integration, development and support for the quarter were (pound)8.9 million, compared to (pound)14.0 million in the first quarter of the previous financial year. The decline highlights the fact that project revenues in this category can vary significantly from period to period as a consequence of our revenue recognition policies, whereby project revenues are only recognised once certain criteria have been met. This quarter included the delivery of a full conditional access system to Versatel in Russia, together with system enhancement for other customers. We are working on the final stages of implementation contracts for a number of customers in the Asia Pacific region.

      Licence fees and royalties amounted to (pound)4.6 million for the quarter, compared to (pound)8.9 million for the first quarter of the previous financial year. The timing of software delivery and acceptance can significantly affect period-on-period comparisons. Royalties received from set-top box manufacturers was lower in the first quarter compared to recent quarters which reflects the reduction in manufacturing volumes as a result of slowing subscriber growth.

      Revenues from new technologies amounted to (pound)7.1 million in the quarter, compared to (pound)6.6 million in the previous financial year. During the quarter we earned our first revenues under revenue-sharing contracts for use of our OpenBet(TM) software and recognised revenue from delivery of enhancements for interactive applications. The integration of the Visionik acquisition is proceeding well and we are pursuing a number of joint sales opportunities.

      Reported sterling revenues have been adversely affected by the decline in the relative value of the US Dollar, in particular because nearly 70% of revenues were denominated in US Dollars in the quarter.

      Margins

      Gross margin for the quarter was 56.7% compared to 65.8% for the first quarter of the previous year. Margins in the quarter have been adversely affected by lower licence and integration fees and very high sales of cards to DIRECTV which are at a lower price due to volume discounts.

      Operating Expenses

      Underlying operating expenses were lower for all main categories compared with the same period in the previous financial year. This is as a result of cost-saving measures introduced in the second part of last year. Headcount remained flat during the quarter. We have also benefited from the decline in the relative value of the US Dollar, which has the effect of reducing the reported sterling costs, especially of our Israel and US operations. Fluctuations in exchange rates generated gains of (pound)0.2 million, compared with a cost of (pound)0.9 million in the first quarter of the previous financial year.

      Exceptional costs

      During the quarter, we have incurred exceptional legal costs of (pound)1.5 million in connection with the two lawsuits and the investigation. No provision has been made for future costs or other payments.

      Amortisation

      Amortisation of intangible fixed assets has increased to (pound)2.5 million in the quarter. This reflects the additional intangible assets recognised during the fourth quarter of the last financial year relating to the Orbis and Visionik acquisitions.

      Income and earnings per share

      Operating income for the quarter, before charges for the amortisation of intangible fixed assets and exceptional costs, was (pound)13.4 million, which represents an 8% increase from the first quarter of the previous financial year. As a result of exceptional costs, higher amortisation charges and the effect of lower interest rates, net profit declined from (pound)7.6 million to (pound)6.7 million.

      Basic earnings per share for the quarter declined from 14.2p to 12.5p as a result of increased amortisation charges and exceptional costs. Diluted earnings per share for the quarter, adjusted to eliminate distortions caused by the amortisation of goodwill and exceptional costs rose 10% from 16.9p to 18.7p. It should be noted that the lower quoted price of the Company`s shares means that very few outstanding share options are currently treated as being dilutive.

      Working capital

      Stock levels have declined slightly compared to June 2002 as we continued to ship large volumes of cards to DIRECTV. As orders are fulfilled, the amount of customer deposits received and deferred income held reduces. Trade accounts receivable have remained steady during the quarter at 63 days sales outstanding. These factors resulted in cash inflow from operations of (pound)2.0 million. After paying taxes falling due in the quarter, we recorded a net cash outflow of (pound)2.2 million. Net free cash (after allowing for current liabilities in respect of acquisitions) was (pound)90.7 million as at 30 September 2002.

      About NDS

      NDS Group plc (NASDAQ/ NASDAQ Europe: NNDS) is the leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and personal computers. See www.nds.com for more information.

      Cautionary Statement Concerning Forward-looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS`s filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.

      CONFERENCE CALL

      Dr. Abe Peled, President and Chief Executive Officer and Rick Medlock, Chief Financial Officer, will host a conference call to discuss this announcement and answer questions at 3:00 pm UK time (10:00am Eastern time) on Tuesday 29 October 2002.

      -0-

      UK & International: (+44) 0208 410 1015
      UK only free phone: 0500 551077
      (Instant Replay: (+44) 0208 288 4459 or 0500 637880
      - Passcode: 479432)

      USA Tollfree phone: (800) 530 2462
      (Instant Replay: (703) 736 7336 or (800) 495 0250
      - Passcode: 479432)

      The audio replay for the call will also be available on the NDS
      website www.nds.com from 30 October 2002.


      NDS GROUP PLC
      UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
      FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2002
      -0-

      3 months 3 months Year ended
      ended ended
      30 September 30 September 30 June
      Notes 2002 2001 2002
      (pound)`000 (pound)`000 (pound)`000
      Revenues
      Conditional access 41,353 25,144 125,068
      Integration, development &
      support 8,933 13,989 43,737
      Licence fees & royalties 4,633 8,872 30,615
      New technologies 7,087 6,614 33,338
      Other revenue 522 5,448 8,030
      ------------ ------------ ------------
      Total revenues 62,528 60,067 240,788
      ------------ ------------ ------------

      Cost of sales
      Smart card & changeover
      provisions (21,547) (8,025) (49,160)
      Operations & support (4,219) (6,992) (23,300)
      Royalties (882) (911) (4,397)
      Other (401) (4,613) (6,250)
      ------------ ------------ ------------
      Total cost of sales (27,049) (20,541) (83,107)
      ------------ ------------ ------------

      Gross profit 35,479 39,526 157,681
      ------------ ------------ ------------
      Gross profit % 56.7% 65.8% 65.5%

      Operating expenses,
      excluding amortisation of
      intangibles and
      exceptional items
      Sales & marketing expenses (3,534) (4,568) (15,876)
      Research & development (15,024) (17,529) (68,738)
      General & administration (3,742) (4,191) (17,793)
      Foreign exchange gains
      (losses) 215 (877) (1,403)
      ------------ ------------ ------------
      Total (22,085) (27,165) (103,810)
      ------------ ------------ ------------

      Operating income, before
      goodwill amortisation and
      exceptional items 13,394 12,361 53,871
      Operating income % 21.4% 20.6% 22.4%

      Amortisation of intangibles (2,515) (1,723) (7,350)
      Exceptional items 2 (1,500) - (3,826)
      ------------ ------------ ------------
      Operating profit 9,379 10,638 42,695

      Share of associate`s
      operating profit - - 21
      Net interest income 530 663 2,513
      ------------ ------------ ------------
      Profit on ordinary
      activities before tax 9,909 11,301 45,229
      Taxation (3,195) (3,715) (14,551)

      ------------ ------------ ------------
      Net profit 6,714 7,586 30,678
      ------------ ------------ ------------

      ----------------------------------------------------------------------
      Earnings per share 3
      Basic 12.5p 14.2p 57.5p
      Diluted 12.4p 13.8p 56.1p

      Adjusted earnings per share
      Basic 18.9p 17.5p 76.2p
      Diluted 18.7p 16.9p 74.3p
      ----------------------------------------------------------------------

      NDS GROUP PLC
      UNAUDITED CONSOLIDATED BALANCE SHEET
      AS AT 30 SEPTEMBER 2002

      30 September 30 September 30 June
      Notes 2002 2001 2002
      (pound)`000 (pound)`000 (pound)`000
      Fixed assets
      Investments 2,337 2,244 2,337
      Intangible assets 74,446 65,404 76,492
      Tangible assets 16,342 20,225 17,694
      ------------ ------------ ------------
      93,125 87,873 96,523
      ------------ ------------ ------------

      Current assets
      Investments - - 500
      Stocks 35,772 21,114 37,065
      Deferred tax asset 3,947 2,790 3,951
      Trade debtors and accrued
      income 42,391 46,043 42,516
      Other debtors 5,395 5,609 5,433
      Cash 4 95,701 61,906 98,502
      ------------ ------------ ------------
      183,206 137,462 187,967
      ------------ ------------ ------------

      Creditors falling due
      within one year
      Customer deposits and
      deferred income (30,221) (21,388) (37,255)
      Due in respect of
      acquisitions (5,091) (14,403) (5,159)
      Other current liabilities (45,686) (40,367) (53,132)
      ------------ ------------ ------------
      (80,998) (76,158) (95,546)
      ------------ ------------ ------------

      Net current assets 102,208 61,304 92,421
      ------------ ------------ ------------

      Total assets less current
      liabilities 195,333 149,177 188,994

      Creditors
      Amounts falling due after
      one year (1,360) (1,581) (1,445)

      Provisions for liabilities
      and charges (24,059) (15,342) (23,691)

      ------------ ------------ ------------
      Net assets 169,914 132,254 163,808
      ------------ ------------ ------------


      Equity and capital reserves 5
      Equity share capital 337 334 337
      Share premium & merger
      reserve 163,262 145,535 163,262
      Shares to be issued 14,333 22,336 14,333
      Profit and loss account (183,283) (211,216) (189,389)
      Capital contribution 133,265 133,265 133,265
      ------------ ------------ ------------
      127,914 90,254 121,808
      Non-equity capital 42,000 42,000 42,000
      ------------ ------------ ------------
      Total capital employed 169,914 132,254 163,808
      ------------ ------------ ------------

      NDS GROUP PLC
      UNAUDITED SUMMARISED STATEMENT OF CONSOLIDATED CASH FLOWS
      FOR THE 3 MONTHS ENDED 30 SEPTEMBER 2002

      Notes 3 months Year ended
      ended
      30 September 30 June
      2002 2002
      (pound)`000 (pound)`000

      Operating profit 9,379 42,695
      Non-cash operating costs 4,397 16,323
      Movement in working capital (11,747) 8,898
      ------------ ------------
      Net cash inflow from operating
      activities 2,029 67,916

      Net interest received 529 2,565
      Tax paid (4,022) (13,075)
      Capital expenditure (751) (6,417)
      Acquisitions and disposals - (6,561)
      ------------ ------------
      Cash generated (used) (2,215) 44,428

      Proceeds from issue of shares - 525

      ------------ ------------
      Increase (decrease) in free cash
      balances (2,215) 44,953

      Available cash, beginning of period 93,468 50,934
      Foreign exchange translation differences (515) (2,419)

      ------------ ------------
      Available cash, end of period 4 90,738 93,468
      ------------ ------------

      NOTES

      1. Basis of preparation and presentation

      These unaudited financial statements have been prepared using the accounting policies disclosed in the consolidated financial statements for the year ended 30 June 2002 which are in compliance with UK GAAP. They do not constitute statutory accounts. Figures for 30 June 2002 and for the year ended on that date have been extracted from the consolidated financial statements of NDS Group plc on which the auditors gave an unqualified audit report.

      2. Exceptional items

      -0-

      3 months 3 months Year ended
      ended ended
      30 September 30 September 30 June
      2002 2001 2002
      (pound)`000 (pound)`000 (pound)`000

      Costs incurred in connection
      with litigation 1,500 - 1,558
      Costs arising on disposal of
      surplus premises - - 2,268

      ------------ ------------ ------------
      1,500 - 3,826
      ------------ ------------ ------------

      a) Litigation

      On 11 March 2002, Groupe Canal+S.A., Canal+ Technologies S.A. and Canal+ Technologies Inc. (collectively "Canal+"), subsidiaries of Vivendi Universal Group, filed a lawsuit against NDS Group plc and NDS Americas Inc. (a subsidiary company) in the United States District Court, Northern District of California. The complaint purports to allege claims for unfair competition, copyright infringement, violating the Digital Millennium Copyright Act, tortious interference with contract and prospective economic advantage, conspiracy, violation of the Racketeer Influenced and Corrupt Organizations Act and violations of the Communications Act. The complaint seeks injunctive relief, compensatory and exemplary damages and restitution. NDS believes the claims to be baseless and filed motions arguing that the lawsuit should be dismissed. Absent a stay or dismissal, those motions are scheduled to be heard on 5 December 2002. On 1 October 2002, Canal+ and NDS agreed to a stay of all proceedings pending regulatory approval of the purchase of the Italian pay TV businesses owned by Vivendi by The News Corporation Limited (NDS` parent). The action will be dismissed with prejudice upon the consummation of the purchase. On 27 September 2002, EchoStar Communications Corporation and several affiliates asked the court`s permission to intervene in the action, asserting that they have claims similar to those asserted by Canal+. Additionally, on 23 October 2002 MEASAT Broadcast Network Systems Sendirian Berhad requested permission to intervene in the action. The motions to intervene are currently scheduled to be heard on 9 January 2003, although EchoStar has asked that the court hear its motion sooner. Upon dismissal of the action, NDS believes all motions to intervene pending at that time will become moot. The Directors do not believe that it is appropriate to make any further provision in the financial statements relating to this matter. Any further costs incurred will be recorded in financial statements for future periods.

      In September 2002, NDS Group plc and two of its subsidiaries were named as defendants in a lawsuit filed by DIRECTV, Inc. and certain of its affiliates in the United States District Court for the Central District of California. At DIRECTV`s request, the action was filed under seal. The suit purports to allege misappropriation of trade secrets, breach of contract, fraud and statutory violations relating to NDS` provision of conditional access services to DIRECTV. The suit seeks unspecified damages and injunctive relief. The allegations are substantially similar and related to a complaint in a prior action commenced by DIRECTV that was dismissed with prejudice in February of 2002. NDS believes that these allegations as well as the additional ones in the complaint are without merit and a pretext designed to enable DIRECTV to circumvent restrictions on DIRECTV`s future use of NDS` technology. NDS intends vigorously to defend the action and has filed a motion to dismiss many of DIRECTV`s claims. Additionally, on 21 October 2002, NDS filed counterclaims against DIRECTV and a chip manufacturer, alleging that DIRECTV and the chip manufacturer misappropriated NDS` trade secrets and proprietary information, conspired to infringe NDS` patents, colluded to unfairly compete and breached agreements and licenses restricting the use of NDS` intellectual property.

      On 2 October 2002, NDS Americas, Inc. was served with subpoenas by the U.S. Attorney`s office in San Diego, California, seeking documents apparently in connection with an investigation related to Canal+ and EchoStar`s claims. NDS is cooperating with the investigation. NDS has been advised that it is not currently considered either a target or a subject in the investigation.

      The costs of dealing with these matters have been expensed as incurred and shown as an exceptional item. Any further costs incurred will be recorded in financial statements for future periods.

      b) Surplus premises

      During the previous financial year, as part of a review of NDS worldwide operations, it was decided to close and dispose of a number of premises. The costs of closure include an estimate of rental payments which NDS is obliged to pay until the end of the relevant lease periods, the write-off of leasehold improvements and surplus equipment and other payments to terminate contracts.

      3. Earnings per share

      In addition to earnings per share calculated on the basis of net profit for the year, figures are also presented for earnings per share adjusted to eliminate the distortions caused by amortisation of intangible assets and exceptional items. A reconciliation of the profits used in the calculations is as follows:

      3 months 3 months Year ended
      ended ended
      30 September 30 September 30 June
      2002 2001 2002
      (pound)`000 (pound)`000 (pound)`000

      Net profit 6,714 7,586 30,678

      Add back
      Amortisation of intangibles 2,515 1,723 7,350
      Exceptional items 1,500 - 3,826
      Tax effect of the above (582) - (1,220)

      ------------ ------------ ------------
      Adjusted net profit 10,147 9,309 40,634
      ------------ ------------ ------------

      The weighted average number of shares and the weighted average number of potential shares in issue for each period (including potentially dilutive share options and potential shares to be issued in connection with the acquisition of Orbis Technology Limited ("Orbis")) have been determined in accordance with FRS 14. These quantities are therefore a function of, amongst other things, the average quoted share price for the period. The figures used in the calculations are as follows:

      -0-

      Period Weighted average Weighted average
      shares in issue number of potential
      shares

      3 months to 30 September 2002 53,678,033 54,158,140
      3 months to 30 September 2001 53,244,453 54,982,309

      Year ended 30 June 2002 53,347,593 54,659,952
      Year ended 30 June 2001 52,824,956 55,197,631


      4. Cash
      30 September 30 June
      2002 2002
      (pound)`000 (pound)`000

      Total cash, including amounts on deposit 95,701 98,502
      Less restricted cash (4,963) (5,034)
      ------------ ------------
      Available Cash 90,738 93,468
      ------------ ------------

      Restricted cash deposits are amounts held in an interest bearing accounts to support payments under agreements to acquire subsidiaries.

      5. Share capital and reserves

      Movements on consolidated capital and reserves and reconciliation of movements in shareholders funds for the three months ended 30 September 2002 are as follows:

      Equity share Share Non-equity Shares to
      capital premium & share be issued
      merger capital
      reserve
      ------------------------------------------------
      (pound)`000 (pound)`000 (pound)`000 (pound)`000

      As at 30 June 2002 337 163,262 42,000 14,333
      Profit for the period - - - -
      Share options - - - -
      Foreign exchange
      movement - - - -

      ------------------------------------------------
      As at 30 September 2002 337 163,262 42,000 14,333
      ------------------------------------------------


      Capital Profit and Total share-
      contribution loss holders`
      account funds

      ------------------------------------
      (pound)`000 (pound)`000 (pound)`000

      As at 30 June 2002 133,265 (189,389) 163,808
      Profit for the period - 6,714 6,714
      Share options - 13 13
      Foreign exchange
      movement - (621) (621)

      ------------------------------------
      As at 30 September 2002 133,265 (183,283) 169,914
      ------------------------------------

      As at 30 September 2002 and 30 June 2002 there were 53,678,033 shares in issue.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field (Media), +44 (0) 208-476-8158
      mfield@ndsuk.com
      or
      Golin Harris UK
      Giles Morgan, +44 (0) 207 898 3467
      gmorgan@golinharris.com
      or
      Golin Harris US
      Chani Garb, (212) 309-0627
      cgarb@golinharris.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 30.11.02 18:22:54
      Beitrag Nr. 3 ()
      NDS Opens Korean Set-Top Box Testing and Integration Center to Support Asian Pay TV Growth
      Sunday November 24, 8:00 pm ET
      -- NDS`s first dedicated set top box testing and integration center in Asia Pacific.


      HONG KONG--(BUSINESS WIRE)--Nov. 24, 2002-- -- Existing agreements with many leading Korean set top box
      manufacturers will allow them to integrate NDS technology for

      use with local and international broadcasters.

      The Seoul testing center underlines NDS`s support for the growing pay TV market in Asia Pacific.
      NDS Group plc, a News Corporation company and a leading provider of technology solutions for digital pay-TV, has today announced the opening of its set-top box (STB) testing and integration laboratory in Seoul, Korea. The lab will support NDS`s agreements with many leading Korean set-top box manufacturing companies, providing them with the ability to test and integrate NDS technology into their products in Seoul. The center has been recognized as a significant boost for the rapidly expanding pay-TV market in Korea and further strengthens NDS`s position at the forefront of the Asia Pacific pay-TV market place.

      "We are pleased to open our new Korean center which will now provide full support to local manufacturers in Korea rather than overseas. The lab will be a focussed, flexible regional support center, providing a more efficient service and faster time to market to support the rapid growth of the pay-TV market in the Asia Pacific region" said Ms Sue Taylor, Vice President and General Manager of NDS Asia Pacific Ltd.

      The Korean STB manufacturers who have immediately started integration projects at the center include DMT, emTech, Global Tech, HDT, Humax, LGE, Samsung and Seodu Inchip. They will benefit from NDS`s proven experience in pay-TV markets around the world, and will be able to integrate as well as test NDS VideoGuard(TM) conditional access, NDS Core(TM) middleware, Value@TV(TM) interactive, MHP and Open Cable technology with their latest set-top box models, allowing fulfillment of contracts with local and international platforms.

      NDS opened the lab in Korea because it is home to the largest number of set-top box manufacturers in the world, and Korea also has a rapidly growing domestic pay-TV market. The NDS products integrated in this facility will join over 30 million digital STB deployments currently using NDS technology worldwide. The laboratory also functions beyond its domestic requirements, and provides support for the entire Asia Pacific region including, China, Taiwan, India, Australia and New Zealand.

      Over the last year NDS`s end to end technologies have been selected by leading broadcasters and network operators around the world and in the Asia Pacific region including SkyLife in Korea, CCTV and Sichuan Provincial Network in China, and China Network Systems in Taiwan.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay-TV solutions for the secure delivery of entertainment and information to television set-top boxes and personal computers. See www.nds.com for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field, +44 788 191 8158
      mfield@ndsuk.com
      or
      NDS Asia Pacific Ltd
      Diane Powers/Deborah Croshaw,
      Tel: +852 2201 9151/+44 788 191 8348
      dpowers@ndsuk.com/dcroshaw@ndsuk.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 30.11.02 19:24:11
      Beitrag Nr. 4 ()
      ...warum nicht gleich r.murdochs news corp? IMHO weniger prozessrisiken und im grossen und ganzen recht erfolgreich , speziell in GB

      mfg

      ;)
      Avatar
      schrieb am 30.11.02 19:26:57
      Beitrag Nr. 5 ()

      Trading Spotlight

      Anzeige
      Rallye II. – Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…mehr zur Aktie »
      Avatar
      schrieb am 30.11.02 19:36:39
      Beitrag Nr. 6 ()
      BUSINESS NEWS November 30, 2002



      EU launches in-depth probe of News Corp deal
      2002-11-29 07:06:10 EST

      BRUSSELS, Nov 29 (Reuters) - The European Commission is launcing a four-month in-depth probe of the takeover by News Corp and Telecom Italia of Vivendi Universal`s Italian pay-TV firm Telepiu, a source said on Friday.

      The source, familiar with the case, declined to give more details. An in-depth investigation usually includes more analysis of a proposed merger and possible interviews with company executives.

      News Corp and Telecom Italia plan to combine the 900 million euro acquisition with Telecom Italia`s rival Stream, which they already jointly own, to create a new channel, Sky Italia.

      The Commission decision marks the launch of the first in-depth investigation since the EU executive lost three key merger cases at the European Court of Justice.


      ....

      also auch hier ist vorsicht geboten :look:
      Avatar
      schrieb am 30.11.02 19:37:57
      Beitrag Nr. 7 ()
      Murdoch is best of British. Maxwell is 176th
      John Cassy
      Monday November 25, 2002
      The Guardian

      It`s official: Rupert Murdoch is Britain`s greatest living businessman. In a gesture that one of the media mogul`s own tabloid newspapers would struggle to make up, the Australian-born American citizen was voted best of British - by a rival proprietor.

      The 71-year-old`s achievement of turning the second largest newspaper in Adelaide into the multi-billion News Corporation empire saw him given the title by aspiring magnate Richard Desmond, owner of Express newspapers.

      The panel - chaired by trade secretary Patricia Hewitt and including Confederation of British Industry director general Digby Jones, chose Murdoch before such luminaries as BP boss Lord Browne, EasyJet entrepreneur Stelios Haji-Ioannou and Virgin founder Richard Branson.

      Robert Maxwell, the disgraced former owner of the Daily Mirror, was voted 176th. Mr Desmond said: "I would not have the business I have today unless he [Murdoch] had done what he did to make Britain a fairer place."

      Dubbed "the man who made modern Britain" by yesterday`s Sunday Express, Mr Murdoch was praised for his willingness to take risks and the "revolution" he has brought to television and newspaper production methods. Despite being a US citizen, Mr Murdoch was eligible because he established and domiciled a company in Britain.

      George Cadbury, founder of the chocolate empire, was voted Britain`s greatest ever businessman. Michael Marks, founder of Marks & Spencer, and Joseph Rowntree, industrialist and social welfare campaigner, were second and third.


      Guardian Unlimited © Guardian :laugh: :laugh: :laugh:
      Avatar
      schrieb am 03.12.02 21:14:58
      Beitrag Nr. 8 ()
      wowwwww
      nnds ist ganz klar unterbewertet!!!
      kgv von 7!!!!!!:eek:

      hiermal ein auszug von vectorvest analyse!!!

      PRICE: NNDS closed on 12/02/2002 at $6.30 per share.

      VALUE: NNDS has a Value of $13.57 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

      RV (Relative Value): NNDS has an RV of 1.53. On a scale of 0.00 to 2.00, an RV of 1.53 is excellent. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

      RS (Relative Safety): NNDS has an RS rating of 1.09. On a scale of 0.00 to 2.00, an RS of 1.09 is fair. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.
      VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.


      RT (Relative Timing): NNDS has an RT rating of 0.94. On a scale of 0.00 to 2.00, an RT of 0.94 is fair. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
      All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.


      VST-Vector (VST): NNDS has a VST-Vector rating of 1.18. On a scale of 0.00 to 2.00, an VST of 1.18 is good. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?
      The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.


      GRT (Growth Rate): NNDS has a GRT of 23 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

      Recommendation (REC): NNDS has a Sell recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.
      VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.


      STOP-PRICE: NNDS has a Stop-Price of 6.37 per share. This is 0.07 or 1.1 % above its current closing Price. VectorVest analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.
      In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.


      DIV (Dividend): NNDS does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

      DY (Dividend Yield): NNDS has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

      EY (Earnings Yield): NNDS has an EY of 15.8%. This is above the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

      EPS (Earnings Per Share): NNDS has an EPS of $1 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

      P/E (Price to Earnings Ratio): NNDS has a P/E ratio of 6.3. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

      GPE (Growth to P/E Ratio): NNDS has a GPE of 3.63. This ratio suggests that NNDS is undervalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 1.53 for NNDS is excellent.

      DS (Dividend Safety): NNDS has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

      RISK (Dividend Risk): NNDS does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

      DG (Dividend Growth): NNDS has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

      YSG-VECTOR (Yield-Safety-Growth Vector): NNDS has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

      VOL(100)s: NNDS traded 86000 shares on 12/02/2002.

      AVG VOL(100)s: NNDS has an Average Volume of 62600. Average Volume is 50 day moving average of daily volume as computed by VectorVest.


      % VOL: NNDS had a Volume change of 37.5% from its 50 day moving average volume.

      OPEN: NNDS opened trading at $6.40 per share on 12/02/2002.

      HIGH: NNDS traded at a high of $6.55 per share on 12/02/2002.

      LOW: NNDS traded at a low of $6.24 per share on 12/02/2002.

      CLOSE: NNDS Closed trading at $6.30 per share on 12/02/2002.

      % PRC: NNDS showed a Price change of 2.4% from the prior day`s closing price.

      INDUSTRY: NNDS has been assigned to the Software (Business) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

      NNDS has about average safety with well above average upside potential. It reflects a stock which is likely to give well above average, relatively consistent returns over the long term.

      The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you`ll find that your risk will go down and your investment performance will improve. Not a bad combination. Thank you for your interest in VectorVest.









      was für eine unterbewertung!!!!!!
      Avatar
      schrieb am 04.12.02 01:43:36
      Beitrag Nr. 9 ()
      Leute aufwachen!!!!

      NNDS unterbewertet bis zum geht nicht mehr!!!!!


      aber das ist typisch man muß wahrscheinlich einen 1000% thread eröffnen:laugh:

      nnds kgv von 7!!!!!


      Avatar
      schrieb am 12.12.02 22:48:35
      Beitrag Nr. 10 ()
      NDS Provides New 24/7 Interactive TV Service On MTV UK
      Thursday December 12, 4:18 am ET
      Highlights:


      LONDON--(BUSINESS WIRE)--Dec. 12, 2002-- -- NDS Value@TV(TM) technology powers the launch of MTV UK`s
      24-hour core iTV service.

      The core iTV service builds on the successes of previous NDS enabled interactive applications including MTV Hits and MTV Europe Music Awards applications.
      Once again MTV and NDS push the boundaries of interactive TV by providing a fun interactive service for MTV viewers.
      NDS Group plc, a News Corporation company and the leading provider of technology solutions for digital pay-TV, today announces the launch of a 24-hour interactive TV service on MTV UK powered by NDS Value@TV technology.

      Launching on Sky digital on Monday 16th December, the core iTV service will allow viewers to enhance their TV viewing experience on MTV. The interactive service available is made up of three areas; `Feed`, `Blag` and `Bitch`, with each area`s content synchronized with the program live on air. There is also the option to "splatter" where viewers can express their opinion graphically on the screen.

      Rahul Chakkara, Director Interactive TV, NDS Europe commented: "The 24-hour iTV service launch on MTV UK builds on the success of MTV`s previous interactive applications. These include the 2001 and 2002 MTV Europe Music Awards and the MTV Hits interactive service which all proved popular with MTV viewers, whilst also meeting the business objectives of higher audience ratings and increased revenues. For this application we have introduced innovations in the management of audio, real-time updates and multiple functionality`s to create a 24/7 contextual interactive application."

      Chris Sice, VP Programming & Development for all MTV branded channels commented: "Our partnership with NDS has ensured that we provide our viewers with engaging interactive content and programming while continually increasing our ratings and revenues. MTV`s creative energy and the technical know-how from NDS brings pioneering iTV services to MTV UK."

      The MTV Hits Interactive TV Service and MTV`s Ad Break Tennis are at the forefront of interactive television. Leading iTV industry organizations including BAFTA, BIMA, EMMA as well as magazines such as Revolution and New Media Age have recognized and awarded MTV and NDS as leaders in the provision of innovative interactive content.

      Features of the MTV UK 24 hour interactive TV service:

      Feed

      Viewers will be able to access up to the minute celebrity news and gossip. If a video or programme on Kylie is on, the iTV Feed application will be adapted to represent Kylie`s latest news or gossip.

      Blag

      Viewers can win top prizes by answering 5 questions in a row out of a possible 10. Upon entering a contact phone number by using the remote control, the viewer will be given a password to access a secret area in www.mtv.co.uk to play an exclusive game `Feed Me`.

      If TRL UK is currently showing on MTV UK then the blag application will be adapted to win prizes on the show. Viewers will be called back LIVE on the show to be told that they`ve won top prizes. After the show, viewers will be able to chat exclusively via iTV to the celebrity guests. The quiz features audio, visual and multiple choice questions and costs 50p to enter.

      Bitch

      Viewers enter a `personality quiz` to discover whether they are more suited to Eminem or the Chemical Brothers. At the end of the quiz MTV adds up the score to decide. Viewers are given the choice of whether a particular artist or video stays on the MTV playlist.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay-TV solutions for the secure delivery of entertainment and information to television set-top boxes and internet devices. See www.nds.com for more information about NDS.

      About MTV Networks UK & Ireland

      MTV Networks UK & Ireland is the UK & Ireland`s largest 24-hour music television network, reaching almost ten million homes via digital terrestrial, cable and satellite. MTV Networks UK & Ireland currently operates seven television channels in the UK. MTV launched in the UK in August 1987, with the dedicated UK & Ireland feed launching ten years later. The adult-oriented music channel VH1 launched in the UK in 1994, playing all the biggest contemporary hits, and classic tracks from the last four decades. MTV2 - initially named M2 - began transmission in October 1998, offering viewers the chance to program their own hour of the schedule via the Internet. The digital channels MTV Extra, MTV Base and VH1 Classic launched on the same day in July 1999, offering an alternatively-scheduled MTV, 24 hour R`n`B, and classic tracks respectively. Club culture channel MTV Dance began broadcasting in April 2001, while MTV Extra was turned into a back-to-back pop channel and renamed MTV Hits in May 2001.

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field, +44 (0) 20 8476 8158
      mfield@ndsuk.com
      or
      MTV Networks UK
      Sam Curlewis, (020) 284 7654
      curlewis.samantha@mtvne.com
      or
      Golin/Harris International
      Giles Morgan/ Gemma Craven, +44 (0) 20 7898 3467/3310
      gmorgan@golinharris.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 14.12.02 14:28:02
      Beitrag Nr. 11 ()
      Bingo!

      innerhalb von 3 tagen von 6$ auf 8,40$!!!


      immer noch unterbewertet!
      Avatar
      schrieb am 24.12.02 14:09:39
      Beitrag Nr. 12 ()
      NDS Announcement
      Tuesday December 24, 8:01 am ET


      LONDON--(BUSINESS WIRE)--Dec. 24, 2002--Sogecable S.A. the owner of Canal Satelite Digital, a Spanish satellite broadcaster and a customer of Canal+ Technologies, has filed a motion to intervene in the Canal+ action in the United States District Court for the Northern District of California on the basis of the same allegations claimed by Canal+ in its action. NDS has categorically rejected these allegations in the past and has filed a motion to dismiss.
      On October 1, 2002 Canal+ and NDS agreed to stay all proceedings in the action until the closing of the acquisition of Telepiu by News Corporation, at which time the lawsuit will be dismissed with prejudice.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS), a News Corporation company (NYSE:NWS, NWS/A), is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and internet devices. See www.nds.com for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field
      Direct: +44 (0)208 476 8158
      Mobile: +44 (0)788 191 8158
      mfield@ndsuk.com
      or
      Golin Harris
      Giles Morgan
      + 44 (0)207 898 3467
      Mobile: +44 (0)7711 069 661
      gmorgan@golinharris.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 22.01.03 14:03:17
      Beitrag Nr. 13 ()
      Reuters
      UPDATE - NDS says part of DirecTV lawsuit dismissed
      Tuesday January 21, 8:35 pm ET


      (Adds DirecTV comment, paragraph 5)
      NEW YORK, Jan 21 (Reuters) - NDS Group Plc (NasdaqNM:NNDS - News), which makes anti-piracy systems for pay-TV, said on Tuesday a judge has dismissed part of a lawsuit filed by its former customer, satellite television company DirecTV.

      ADVERTISEMENT


      DirecTV, a unit of Hughes Electronics Corp. (NYSE:GMH - News), sued NDS last year, alleging breach of contract, fraud and misappropriation of trade secrets. NDS then countersued DirecTV for misappropriation of trade secrets.

      NDS said U.S. District Judge Audrey Collins dismissed DirecTV`s claims of fraud, breach of warranty and violation of the Federal Communications Act in their entirety, and dismissed parts of its claims of breach of contract, breach of fiduciary duty, breach of good faith and statutory violations.

      DirecTV`s claim of misappropriation of trade secrets is still outstanding.

      "Although we`re disappointed by the court`s ruling, DirecTV will continue to press its case against NDS," said spokesman Robert Mercer. "Since we have not been served with the final order, we cannot comment on what our next legal steps would be."

      NDS, 80-percent owned by media group News Corp. Ltd. (Australia:NCP.AX - News; NYSE:NWS - News), has been at the center of several contentious legal battles in the anti-piracy industry.

      The company is the target of a federal investigation and a $1 billion lawsuit by its competitor Canal Plus, owned by Vivendi Universal (Paris:EAUG.PA - News; NYSE:V - News). Canal Plus charged that NDS broke into its security system and then posted onto the Internet the security code that ensures only authorized customers have access to pay-TV.

      Two other companies, NagraStar and EchoStar Communications Corp. (NasdaqNM:DISH - News), DirecTV`s main competitor and former partner in an aborted merger attempt, later joined Canal Plus` suit. The case reportedly centered on an NDS engineer who posted the secret codes and was mailed more than $40,000 hidden inside a CD player and a DVD player.
      Avatar
      schrieb am 28.01.03 11:20:50
      Beitrag Nr. 14 ()
      Dow Jones Business News
      NDS Group Signs Two Digital Cable TV Deals In China
      Tuesday January 28, 5:11 am ET


      BEIJING -(Dow Jones)- NDS Group PLC , a pay-TV technology supplier controlled by News Corp. , said Tuesday it had signed agreements with two Chinese cable networks to help them upgrade to new digital TV systems.
      ADVERTISEMENT


      The deals come after China`s government announced a goal of upgrading cable systems in most major cities to digital service by 2005.

      The change from the low-priced analog service now viewed by nearly 100 million Chinese will involve heavy outlays on new technology - particularly the set-top boxes each subscriber needs - but also promises to increase cable operators` revenues by allowing them to provide more, and more varied, content.

      NDS declined to disclose financial details of its deals in the southern province of Guizhou and the central municipality of Chongqing. Diane Powers, a Hong Kong-based spokeswoman for NDS, said the company`s fees, as is NDS` normal practice, would be based on the number of subscribers to the cable TV systems.

      In Guizhou, NDS` client is Guizhou Tianguang Cable Network Co., which has 350, 000 subscribers, though Powers noted that it also supplies programming to several other cable systems in the province. Guizhou province has a population of about 35 million people.

      In Chongqing, NDS is supplying its technology to Chongqing Broadcast & TV Network Transmission Co., a cable operator with 3.5 million subscribers, or more than 10% of the municipality`s population of around 30 million.

      NDS said Guizhou is planning to offer 70 channels and Chongqing 80 channels in their new digital programming packages, though they haven`t decided which channels to offer. Possible future additions include interactive services and pay-per-view.

      Guizhou Tianguang is planning to launch its new digital service in the first half of this year, in what NDS called an "aggressive roll out schedule," though the Chongqing network hasn`t publicly committed to a schedule.

      -By Andrew Batson, Dow Jones Newswires; 8610 6588-5848; andrew.batson@dowjones.com
      Avatar
      schrieb am 28.01.03 13:16:10
      Beitrag Nr. 15 ()
      NDS Group plc Reports Increased Revenues and New Project Wins in Second Quarter Results
      Tuesday January 28, 7:09 am ET


      LONDON--(BUSINESS WIRE)--Jan. 28, 2003--NDS Group plc (NASDAQ/NASDAQ Europe:NNDS)
      Highlights

      -- Revenue increased by 2 1/2% to (pounds)57 million
      -- New systems delivered to CNS in Taiwan and INC in China
      -- Launch of Synamedia system in Japan
      -- Two new platform wins in China
      -- Subscriber base up by 1.4 million

      NDS Group plc, a News Corporation company and the world`s leading provider of conditional access systems and interactive applications for digital pay TV, today announced its unaudited results for the quarter ended 31 December 2002 (Q2 FY03).

      Commenting on NDS`s performance, Dr. Abe Peled, President and Chief Executive Officer, said: "NDS has continued to support the growth of our customers` subscriber base, and delivered new systems solutions in Taiwan. We also delivered our first Synamedia broadband solution system to BB Cable Corporation (a SOFTBANK Broadmedia company) in Japan. We won new platforms in China where we will deliver our CA, NDS Core middleware, broadcast control software, interactive applications and provide systems integration. In the US we completed our CA integration with Scientific Atlanta set-top-boxes for Cablevision, achieving another important milestone in our pursuit of US cable business. The economic conditions in our market continue to be challenging. Our performance continues to outpace our competitors, as we redouble our focus on providing solutions to pay-TV operators around the world, helping them launch cost effective digital platforms to win new subscribers and reduce churn."

      Rick Medlock, Chief Financial Officer, added: "Economic and market conditions are very tough but our project delivery teams have done an excellent job this quarter with five major system acceptances. We have again shown our ability to control our cost base helping us partially offset the decline in margins which, combined with revenue growth, has enabled us to report reasonable profits".

      -0-

      Key Statistics

      3 months 3 months 6 months 6 months
      to to to to
      31 31 31 31
      December December December December
      2002 2001 % change 2002 2001 % change
      ----------------------------------------------------------------------
      (pounds)`000
      ----------------------------------------------------------------------
      Revenues 56,967 55,582 +2.5% 119,495 115,649 +3%
      ----------------------------------------------------------------------
      Operating
      Income, before
      amortisation &
      exceptional
      costs 10,693 13,351 -20% 24,087 25,712 -6%
      ----------------------------------------------------------------------
      Operating
      Margin % 18.8% 24.0% -5.2% 20.2% 22.2% -2.0%
      ----------------------------------------------------------------------
      Exceptional
      costs 797 - - 2,297 - -
      ----------------------------------------------------------------------
      EBITA 9,896 13,351 -26% 21,790 25,712 -15%
      ----------------------------------------------------------------------
      Net Income 5,038 8,240 -39% 11,752 15,826 -26%
      ----------------------------------------------------------------------

      ----------------------------------------------------------------------
      $`000
      ----------------------------------------------------------------------
      Revenues 91,147 88,931 +2.5% 191,192 185,038 +3%
      ----------------------------------------------------------------------
      Operating
      Income, before
      amortisation &
      exceptional
      costs 17,109 21,362 -20% 38,539 41,139 -6%
      ----------------------------------------------------------------------
      Operating
      Margin % 18.8% 24.0% -5.2% 20.2% 22.2% -2.0%
      ----------------------------------------------------------------------
      Exceptional
      costs 1,275 - - 3,675 - -
      ----------------------------------------------------------------------
      EBITA 15,834 21,362 -26% 34,864 41,139 -15%
      ----------------------------------------------------------------------
      Net Income 8,061 13,184 -39% 18,803 25,322 -26%
      ----------------------------------------------------------------------

      ----------------------------------------------------------------------
      Subscribers
      ----------------------------------------------------------------------
      Net Subscriber
      Additions 1.4 1.6 2.2 2.8
      million million million million
      ----------------------------------------------------------------------
      Subscribers at
      end of period 31.8 27.3 31.8 27.3
      million million million million
      ----------------------------------------------------------------------

      1. For the convenience of the reader only, pounds sterling amounts for
      all periods have been translated into US dollar amounts at the
      exchange rate of US$1.60 = (pounds)1.00, the closing rate of
      exchange on 31 December 2002.

      2. The Company has defined operating income before charges for the
      amortisation of intangible assets (EBITA) as a key measure of
      operating performance, so that period on period comparisons are
      not distorted by the impact of the amortisation charge arising
      from acquisitions. Operating income after goodwill amortisation
      can be found in the attached tables. We have also presented
      figures for EBITA before exceptional items, so that period to
      period comparisons are not distorted by these unusual items.

      OPERATIONAL REVIEW

      Underlying Business

      We are pleased to be able to report a small increase in revenues in the quarter, despite the continued uncertainty in the world economic outlook. We have continued to supply smart cards to DIRECTV, as part of a card replacement programme, and to other customers to support an underlying growth in subscribers of 1.4 million in the quarter. As at 31 December 2002 there were 31.8 million authorised cards in use. There has been growth in the UK, US Asia and Europe, offsetting a small decline in Latin America.

      We have delivered several new systems in the period, on which we have been working for several quarters. These include BB Cable Corporation (a SOFTBANK Broadmedia company) in Japan, which is the first operator to use our Synamedia technology; INC in China, CNS in Taiwan and a customer in Greece. Several of our other customers have received system upgrades and enhancements.

      Our interactive television infrastructure is providing viewers with better and more exciting information and entertainment. Our interactive applications, including games from our Visionik team, continue to receive critical acclaim and drive broadcasters` revenues upwards. Our OpenBet(TM) software underpins the business of many of the leading UK bookmakers.

      Our management and employees remain focussed on our strategy of providing our customers with technology, which enables them to win new subscribers and to grow revenues from existing subscribers. As our customers grow, we share in their success.

      We have entered into a number of new contracts. We have been successful in China, with two contract wins for Guizhou Province and Chongqing Broadcast. For both customers, NDS will provide our full end-to-end solutions capability, as well as VideoGuard(TM) conditional access, Streamserver(TM) broadcast control software, NDS Core middleware, electronic program guide and interactive applications.

      Litigation

      For information regarding litigation affecting the Company, reference is made to Note 2a of the unaudited financial information that accompanies this announcement.

      FINANCIAL REVIEW

      Revenues

      Revenues for the quarter ended 31 December 2002 were (pounds)57.0 million, a 2.5% increase over the same quarter of the previous financial year. For the half-year, revenues increased by 3% to (pounds)119.5 million from (pounds)115.6 million.

      Conditional access revenues were (pounds)31.9 million for the quarter, compared to (pounds)25.0 million for the same period in the previous year. For the half-year, conditional access revenues were (pounds)73.2 million, compared to (pounds)50.1 million. The increase is due to significant shipments of smart cards for DIRECTV; we commenced shipments of the new generation card in February 2002. The base of active smart cards protecting our customers` revenues rose by 1.4 million in the quarter to 31.8 million at 31 December 2002. Growth has been in the US, the UK and Asia, partly offset by a small decline in active smart cards in Latin America.

      Revenues from integration, development and support for the quarter were (pounds)10.0 million, compared to (pounds)9 million in the same quarter of the previous financial year. For the half-year, revenues in this category were (pounds)18.9 million, compared to (pounds)23.0 million. We have previously highlighted the fact that project revenues in this category can vary significantly from period to period as a consequence of our revenue recognition policies, whereby project revenues are only recognised once certain criteria have been met. During the quarter we delivered several systems on which we have been working for some time. These include the distribution network for INC in China, a system for CNS in Taiwan and another for a customer in Greece, as well as some upgrades and enhancements for other customers.

      Licence fees and royalties amounted to (pounds)5.9 million for the quarter and (pounds)10.5 million for the half-year, compared to (pounds)8.3 million and (pounds)17.2 million, respectively for the equivalent periods of the previous financial year. The timing of software delivery and acceptance can significantly affect period-on-period comparisons. During the quarter, licence fees were recognised on the delivery of the projects referred to above; however royalties received from set-top box manufacturers were lower than in the previous year, as a result of reduced manufacturing volumes.

      Revenues from new technologies amounted to (pounds)6.9 million in the quarter and (pounds)14.0 million for the half-year, compared to (pounds)11.7 million and (pounds)18.3 million, respectively for the equivalent periods of the previous financial year. During the quarter we earned revenues from the delivery to BB Cable Corporation (a SOFTBANK Broadmedia company) in Japan of our first Synamedia system, enabling their launch of a secure broadband pay-TV service. We continue to recognise income under revenue-sharing contracts for use of our OpenBet(TM) software and from delivery of enhancements for interactive applications for customers in the UK, Israel and China. The prior year figures included substantial revenues from the initial delivery of XTV(TM). The Sky+ service in the UK, which is based on XTV(TM), has now started to be marketed more actively, and we have been working on new enhancements and features.

      Prior year new technologies revenues also included data broadcasting revenues from iBlast. This customer has now scaled back its plans and therefore we do not expect to receive any further revenues from this contract.

      Reported sterling revenues have been adversely affected by the decline in the relative value of the US Dollar, in particular because approximately 65% of revenues were denominated in US Dollars in the period.

      Margins

      Gross margin was 58.7% for the quarter and 57.7% for the half-year, both of which are about ten percentage points lower than in the previous year. This is due to revenue mix and exchange rate movements, exacerbated by the very high sales of cards to DIRECTV which are at a lower price due to volume discounts. In addition, we have recorded a doubtful debt provision in the quarter of (pounds)1.3 million in respect of a customer who has defaulted on an agreed payment plan.

      Operating Expenses

      Sales and marketing costs and research and development expenditure are lower compared with the same period in the previous financial year, and the previous quarter. This is as a result of cost-saving measures introduced in the second part of last year. Headcount fell slightly during the quarter. We have also benefited from the decline in the relative value of the US Dollar, which has the effect of reducing the reported sterling costs, especially of our Israel and US operations. General and administrative costs are slightly higher in the quarter because of increases in some property costs, and higher legal and professional fees.

      Exceptional costs

      We have incurred exceptional legal costs of (pounds)0.8 million in the quarter ((pounds) 2.3 million for the half-year) in connection with the two lawsuits and the investigation. No provision has been made for future costs or other payments.

      Amortisation

      Amortisation of intangible fixed assets arising as a result of previous years` business acquisitions was (pounds)2.5 million in the quarter and (pounds)5.0 million for the half-year. The increase from the prior year reflects the additional intangible assets recognised during the fourth quarter of that year relating to the Orbis and Visionik acquisitions.

      Other items

      In December 2002, we terminated our 40% investment in a chip security company. We purchased certain specialist equipment and facilities from that company for cash, which we will use for our own research and development activities. In exiting from our investment, (pounds)1.7 million of loan finance, which we had provided, was repaid in full. Our share of losses prior to disposal, together with costs incurred on disposal, amounted to (pounds)0.3 million. We also received a refund in respect of past services provided to NDS by ADSR and, together with a reversal of a first quarter accrual, this resulted in a credit of (pounds)0.7 million to research and development costs in the second quarter.

      Net income

      As a consequence of the factors outlined above, our underlying operating performance, as measured by operating income before exceptional costs and amortisation of intangibles was (pounds)10.7 million for the quarter and (pounds)24.1 million for the half year, representing an operating margin of 18.8% and 20.2%, respectively. Net income was (pounds)5.0 million for the quarter and (pounds)11.8 million for the half year.

      Working capital

      Inventory balances have declined slightly compared to June 2002 as we continued to ship large volumes of cards to DIRECTV. The net book value of trade receivables has also declined although the levels of valuation reserves have increased as customers in Latin America and Israel have been experiencing economic and financial difficulties. Current liabilities have declined substantially in the period. We had received partial payment in advance of delivery, both under the DIRECTV card order and under the contracts for the delivery of systems. As delivery occurred, the revenue has been recognised and the balance of customer deposits and deferred income has reduced. Therefore operating cash flows have been significantly below operating income, at (pounds)4.3 million for the quarter. After paying taxes falling due in the quarter, terminating our chip security investment and paying certain amounts due under the Visionik acquisition, we recorded a net cash outflow of (pounds)3.7 million in the quarter and (pounds)5.9 million for the half-year. As at 31 December, we had cash balances of (pounds)91.4 million.

      About NDS

      NDS Group plc (NASDAQ/ NASDAQ Europe: NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See www.nds.com for more information about NDS.

      Cautionary Statement Concerning Forward-looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS`s filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.

      CONFERENCE CALL

      Dr. Abe Peled, President and Chief Executive Officer and Rick Medlock, Chief Financial Officer, will host a conference call to discuss this announcement and answer questions at 3:00 pm UK time (10:00am Eastern time) on Tuesday 28 January 2003.

      UK & International: +44 (0) 208 410 1045 UK only free phone: 0500 551077 (Instant Replay: +44 (0) 208 288 4459 or 0500 637880

      Passcode: 160842)
      USA Tollfree phone: (800) 513 7698 (Instant Replay: (334) 323 6222 or (800) 495 0250

      Passcode: 160842)
      The audio replay for the call will also be available on the NDS website www.nds.com from 29 January 2003.

      -0-

      NDS GROUP PLC
      UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
      FOR THE THREE MONTHS ENDED 31 DECEMBER 2002


      3 months ended 3 months ended
      31 December 31 December
      Notes 2002 2001
      (pounds)`000 (pounds)`000
      Revenues
      Conditional access 31,886 24,994
      Integration, development & support 9,983 9,060
      Licence fees & royalties 5,895 8,284
      New technologies 6,901 11,660
      Other revenue 2,302 1,584
      ------------- -------------
      Total revenues 56,967 55,582
      ------------- -------------

      Cost of sales
      Smart card & changeover provisions (12,719) (9,523)
      Operations & support (6,809) (5,620)
      Royalties (838) (1,273)
      Other (3,166) (947)
      ------------- -------------
      Total cost of sales (23,532) (17,363)
      ------------- -------------

      Gross profit 33,435 38,219
      ------------- -------------
      Gross profit % 58.7% 68.8%

      Operating expenses, excluding
      amortisation of intangible fixed
      assets and exceptional items
      Sales & marketing expenses (3,266) (3,876)
      Research & development (14,566) (16,442)
      General & administration (4,719) (4,637)
      Foreign exchange gains (losses) (191) 87
      ------------- -------------
      Total (22,742) (24,868)
      ------------- -------------

      Operating income, before amortisation
      of intangible fixed assets and
      exceptional items 10,693 13,351
      Operating income % 18.8% 24.0%

      Amortisation of intangibles (2,515) (1,723)
      Exceptional items 2 (797) -
      ------------- -------------
      Operating profit 7,381 11,628

      Share of associate`s operating profit
      (loss) 3 (280) -
      Net interest income 677 620
      ------------- -------------
      Profit on ordinary activities before
      tax 7,778 12,248
      Taxation (2,740) (4,008)

      ------------- -------------
      Net profit 5,038 8,240
      ============= =============

      ----------------------------------------------------------------------
      Earnings per share 4
      Basic 9.4p 15.5p
      Diluted 9.3p 15.1p

      Adjusted earnings per share
      Basic 14.8p 18.7p
      Diluted 14.8p 18.2p
      ----------------------------------------------------------------------


      NDS GROUP PLC
      UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
      FOR THE SIX MONTHS ENDED 31 DECEMBER 2002

      6 months 6 months
      ended ended Year ended
      31 December 31 December 30 June
      Notes 2002 2001 2002
      (pounds)`000 (pounds)`000 (pounds)`000
      Revenues
      Conditional access 73,239 50,138 125,068
      Integration, development
      & support 18,916 23,049 43,737
      Licence fees & royalties 10,528 17,156 30,615
      New technologies 13,988 18,274 33,338
      Other revenue 2,824 7,032 8,030
      ------------- ------------- -------------
      Total revenues 119,495 115,649 240,788
      ------------- ------------- -------------

      Cost of sales
      Smart card & changeover
      provisions (34,266) (17,548) (49,160)
      Operations & support (11,028) (12,612) (23,300)
      Royalties (1,720) (2,184) (4,397)
      Other (3,567) (5,560) (6,250)
      ------------- ------------- -------------
      Total cost of sales (50,581) (37,904) (83,107)
      ------------- ------------- -------------

      Gross profit 68,914 77,745 157,681
      ------------- ------------- -------------
      Gross profit % 57.7% 67.2% 65.5%

      Operating expenses,
      excluding amortisation
      of intangible fixed
      assets and exceptional
      items
      Sales & marketing
      expenses (6,800) (8,444) (15,876)
      Research & development (29,590) (33,971) (68,738)
      General & administration (8,461) (8,829) (17,793)
      Foreign exchange gains
      (losses) 24 (789) (1,403)
      ------------- ------------- -------------
      Total (44,827) (52,033) (103,810)
      ------------- ------------- -------------

      Operating income, before
      amortisation of
      intangible fixed assets
      and exceptional items 24,087 25,712 53,871
      Operating income % 20.2% 22.2% 22.4%

      Amortisation of
      intangibles (5,030) (3,446) (7,350)
      Exceptional items 2 (2,297) - (3,826)
      ------------- ------------- -------------
      Operating profit 16,760 22,266 42,695

      Share of associate`s
      operating profit (loss) 3 (280) - 21
      Net interest income 1,207 1,283 2,513
      ------------- ------------- -------------
      Profit on ordinary
      activities before tax 17,687 23,549 45,229
      Taxation (5,935) (7,723) (14,551)

      ------------- ------------- -------------
      Net profit 11,752 15,826 30,678
      ============= ============= =============

      ----------------------------------------------------------------------
      Earnings per share 4
      Basic 21.9p 29.7p 57.5p
      Diluted 21.8p 28.8p 56.1p

      Adjusted earnings per
      share
      Basic 33.7p 36.2p 76.2p
      Diluted 33.5p 35.1p 74.3p
      ----------------------------------------------------------------------



      NDS GROUP PLC
      UNAUDITED CONSOLIDATED BALANCE SHEET
      AS AT 31 DECEMBER 2002

      31 December 31 December 30 June
      Notes 2002 2001 2002
      (pounds)`000 (pounds)`000 (pounds)`000
      Fixed assets
      Investments 465 2,244 2,337
      Intangible assets 71,891 63,681 76,492
      Tangible assets 16,797 19,681 17,694
      ------------- ------------- -------------
      89,153 85,606 96,523
      ------------- ------------- -------------

      Current assets
      Investments - - 500
      Stocks 32,633 25,162 37,065
      Deferred tax asset 3,941 2,726 3,951
      Trade debtors and
      accrued income 40,975 46,499 42,516
      Other debtors 4,186 4,040 5,433
      Cash 91,350 76,974 98,502
      ------------- ------------- -------------
      173,085 155,401 187,967
      ------------- ------------- -------------

      Creditors falling due
      within one year
      Customer deposits and
      deferred income (23,330) (24,672) (37,255)
      Due in respect of
      acquisitions (371) (14,403) (5,159)
      Other current
      liabilities (38,129) (42,858) (53,132)
      ------------- ------------- -------------
      (61,830) (81,933) (95,546)
      ------------- ------------- -------------

      Net current assets 111,255 73,468 92,421
      ------------- ------------- -------------

      Total assets less
      current liabilities 200,408 159,074 188,944

      Creditors
      Amounts falling due
      after one year (1,271) (1,594) (1,445)

      Provisions for
      liabilities and charges (25,230) (16,381) (23,691)

      ------------- ------------- -------------
      Net assets 173,907 141,099 163,808
      ============= ============= =============


      Equity and capital
      reserves 5
      Equity share capital 339 335 337
      Share premium & merger
      reserve 177,593 148,418 163,262
      Shares to be issued - 19,670 14,333
      Profit and loss account (179,290) (202,589) (189,389)
      Capital contribution 133,265 133,265 133,265
      ------------- ------------- -------------
      131,907 99,099 121,808
      Non-equity capital 42,000 42,000 42,000
      ------------- ------------- -------------
      Total capital employed 173,907 141,099 163,808
      ============= ============= =============



      NDS GROUP PLC
      UNAUDITED SUMMARISED STATEMENT OF CONSOLIDATED CASH FLOWS
      FOR THE 6 MONTHS ENDED 31 DECEMBER 2002

      3 months 6 months
      ended ended Year ended
      31 December 31 December 30 June
      2002 2002 2002
      (pounds)`000 (pounds)`000 (pounds)`000

      Operating profit 7,381 16,760 42,695
      Non-cash operating costs 4,650 9,047 16,323
      Movement in working capital (7,733) (19,480) 8,898
      ------------- ------------- -------------
      Net cash inflow from
      operating activities 4,298 6,327 67,916

      Net interest received 693 1,243 2,565
      Tax paid (3,250) (7,272) (13,075)
      Capital expenditure (2,367) (3,118) (6,417)
      Acquisitions and disposals (3,077) (3,077) (1,222)
      ------------- ------------- -------------
      Cash generated (used) (3,703) (5,897) 49,767

      Proceeds from issue of shares - - 525
      Repayment of debt - - (14,403)

      ------------- ------------- -------------
      Increase (decrease) in cash
      balances (3,703) (5,897) 35,889

      Cash, beginning of period 95,701 98,502 65,337
      Foreign exchange translation
      differences (648) (1,255) (2,724)

      ------------- ------------- -------------
      Cash, end of period 91,350 91,350 98,502
      ============= ============= =============

      NOTES

      1. Basis of preparation and presentation

      These unaudited financial statements have been prepared using the accounting policies disclosed in the consolidated financial statements for the year ended 30 June 2002 which are in compliance with UK GAAP. They do not constitute statutory accounts. Figures for 30 June 2002 and for the year ended on that date have been extracted from the consolidated financial statements of NDS Group plc on which the auditors gave an unqualified audit report. In the opinion of management, the unaudited quarterly results reflect all adjustments necessary to present fairly the financial position, results of operations and cash flows of NDS. The unaudited quarterly results should be read in conjunction with the audited consolidated financial statements as of 30 June 2002.

      2. Exceptional items


      3 months 3 months
      ended ended
      31 December 31 December
      2002 2001
      (pounds)`000 (pounds)`000

      Costs incurred in connection with
      litigation 797 -
      ------------- -------------

      6 months 6 months Year ended
      ended ended
      31 December 31 December 30 June
      2002 2001 2002
      (pounds)`000 (pounds)`000 (pounds)`000

      Costs incurred in connection
      with litigation 2,297 - 1,558
      Costs arising on disposal of
      surplus premises - - 2,268

      ------------- ------------- -------------
      2,297 - 3,826
      ============= ============= =============

      a) Litigation

      On 11 March 2002, Groupe Canal+S.A., Canal+ Technologies S.A. and Canal+ Technologies Inc. (collectively "Canal+"), subsidiaries of Vivendi Universal Group, filed a lawsuit against NDS Group plc and NDS Americas Inc. (a subsidiary company) in the United States District Court, Northern District of California. The complaint purports to allege claims for unfair competition, copyright infringement, violating the Digital Millennium Copyright Act, tortious interference with contract and prospective economic advantage, conspiracy, violation of the Racketeer Influenced and Corrupt Organizations Act and violations of the Communications Act. The complaint seeks injunctive relief, compensatory and exemplary damages and restitution. On 1 October 2002, Canal+ and NDS agreed to a stay of all proceedings pending regulatory approval of the purchase of the Italian pay TV businesses owned by Vivendi by The News Corporation Limited (NDS` parent). The action will be dismissed with prejudice upon the consummation of the purchase. NDS believes the claims to be baseless and filed motions arguing that the lawsuit should be dismissed. These motions have been stayed, pending final regulatory approval for the merger of Stream and Telepiu. On 27 September 2002, EchoStar Communications Corporation and several affiliates asked the court`s permission to intervene in the action, asserting that they have claims similar to those asserted by Canal+. Additionally, on 23 October 2002 MEASAT Broadcast Network Systems Sendirian Berhad requested permission to intervene in the action and on 24 December 2002 Sogecable S.A. the owner of Canal Satelite Digital, a Spanish satellite broadcaster and a customer of Canal+ Technologies similarly requested permission to intervene. The motions are set to be heard on 20 February 2003. Upon dismissal of the action, NDS believes all motions to intervene pending at that time will become moot. The Directors do not believe that it is appropriate to make any further provision in the financial statements relating to this matter. Any further costs incurred will be recorded in financial statements for future periods.

      In September 2002, NDS Group plc and two of its subsidiaries were named as defendants in a lawsuit filed by DIRECTV, Inc. and certain of its affiliates in the United States District Court for the Central District of California. At DIRECTV`s request, the action was filed under seal. The suit, most of which has now been dismissed (see below), purported to allege misappropriation of trade secrets, breach of contract, fraud and statutory violations relating to NDS` provision of conditional access services to DIRECTV. The suit sought unspecified damages and injunctive relief. The allegations were substantially similar and related to a complaint in a prior action commenced by DIRECTV that was dismissed with prejudice in February of 2002. NDS believed that these allegations as well as the additional ones in the complaint were and are without merit and a pretext designed to enable DIRECTV to circumvent restrictions on DIRECTV`s future use of NDS` technology and filed a motion to dismiss the claims. On 21 January 2003 Judge Audrey B. Collins of the United States District Court for the Central District of California dismissed most the claims made by DIRECTV. The Court dismissed in their entirety claims brought by DIRECTV alleging fraud, breach of warranty and violation of the Federal Communications Act. The Court also dismissed the bulk of five other DIRECTV claims, including those for breach of contract, breach of fiduciary duty, breach of the covenant of good faith and fair dealing, and statutory violations. DIRECTV`s remaining claims, which NDS maintains are meritless, relate to one alleged incident of misappropriation of trade secrets.

      NDS intends to continue to defend the action vigorously. On 21 October 2002, NDS filed counterclaims against DIRECTV and a chip manufacturer, alleging that DIRECTV and the chip manufacturer misappropriated NDS` trade secrets and proprietary information, conspired to infringe NDS` patents, colluded to unfairly compete and breached agreements and licences restricting the use of NDS` intellectual property.

      On 2 October 2002, NDS Americas, Inc. was served with subpoenas by the U.S. Attorney`s office in San Diego, California, seeking documents apparently in connection with an investigation related to Canal+ and EchoStar`s claims. NDS is cooperating with the investigation. NDS was advised by the U.S. Attorney`s Office in San Diego that it is not currently considered either a target or a subject in the investigation. Lead responsibility for the investigation has recently been transferred to the U.S. Attorney`s Office for the Central District of California.

      The costs of dealing with these matters have been expensed as incurred and shown as an exceptional item. Any further costs incurred will be recorded in financial statements for future periods.

      b) Surplus premises

      During the previous financial year, as part of a review of NDS worldwide operations, it was decided to close and dispose of a number of premises. The costs of closure include an estimate of rental payments which NDS is obliged to pay until the end of the relevant lease periods, the write-off of leasehold improvements and surplus equipment and other payments to terminate contracts.

      3. Investment in associated undertaking

      In December 2002, NDS acquired certain assets from its associated undertaking, ADSR Limited and obtained the repayment of loans to that company. NDS then sold its shares in ADSR Limited for a nominal sum.

      4. Earnings per share

      In addition to earnings per share calculated on the basis of net profit for the year, figures are also presented for earnings per share adjusted to eliminate the distortions caused by exceptional costs and the amortisation of intangible assets acquired as part of a business combination. A reconciliation of the profits used in the calculations is as follows:

      3 months 3 months
      ended ended
      31 December 31 December
      2002 2001
      (pounds)`000 (pounds)`000

      Net profit 5,038 8,240

      Add back Amortisation of intangibles 2,515 1,723
      Exceptional items 797 -
      Tax effect of the above (383) -

      ------------- -------------
      Adjusted net profit 7,967 9,963
      ============= =============

      6 months 6 months Year ended
      ended ended
      31 December 31 December 30 June
      2002 2001 2002
      (pounds)`000 (pounds)`000 (pounds)`000

      Net profit 11,752 15,826 30,678

      Add back Amortisation of
      intangibles 5,030 3,446 7,350
      Exceptional items 2,297 - 3,826
      Tax effect of the above (969) - (1,220)

      ------------- ------------- -------------
      Adjusted net profit 18,110 19,272 40,634
      ============= ============= =============

      The weighted average number of shares and the weighted average number of potential shares in issue for each period (including potentially dilutive share options and shares issued in connection with, but after, the acquisition of Orbis Technology Limited ("Orbis")) have been determined in accordance with FRS 14. These quantities are therefore a function of, amongst other things, the average quoted share price for the period. The figures used in the calculations are as follows:

      Period Weighted average Weighted average
      shares in issue number of
      potential shares

      3 months to 31 December 2002 53,781,360 53,992,278
      3 months to 31 December 2001 53,266,164 54,667,447

      6 months to 31 December 2002 53,729,697 54,019,189
      6 months to 31 December 2001 53,255,308 54,898,733

      Year ended 30 June 2002 53,347,593 54,659,952

      5. Share capital and reserves

      Movements on consolidated capital and reserves and reconciliation of movements in shareholders funds for the six months ended 31 December 2002 are as follows:

      Equity share Share premium Non-equity Shares to be
      capital & merger share issued
      reserve capital
      ----------------------------------------------------
      (pounds)`000 (pounds)`000 (pounds)`000 (pounds)`000

      As at 30 June
      2002 337 163,262 42,000 14,333
      Profit for the
      period - - - -
      Shares issued 2 14,331 - (14,333)
      Share options - - - -
      Foreign exchange
      movement - - - -

      ----------------------------------------------------
      As at 31 December
      2002 339 177,593 42,000 -
      ====================================================


      Capital Profit and Total share-
      contribution loss account holders`
      funds
      ---------------------------------------
      (pounds)`000 (pounds)`000 (pounds)`000

      As at 30 June 2002 133,265 (189,389) 163,808
      Profit for the period - 11,752 11,752
      Shares issued - - -
      Share options - 27 27
      Foreign exchange movement
      - (1,680) (1,680)

      ---------------------------------------
      As at 31 December 2002 133,265 (179,290) 173,907
      =======================================

      During the six months ended 30 December 2002, 306,648 Series A ordinary shares were issued as the final installment due in respect of the acquisition of Orbis Technology Limited. As at 31 December 2002, there were 53,984,681 shares in issue.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field (Media)
      Tel: +44 (0) 208 476 8158
      E-mail: mfield@ndsuk.com
      or
      Golin Harris UK
      Giles Morgan
      Tel: +44 (0) 207 898 3467
      E-mail: gmorgan@golinharris.com
      or
      Breakaway Communications US
      Kelly Fitzgerald
      Tel: +1 212 590 2555
      E-mail: kfitz@breakawaycom.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 01.04.03 23:24:26
      Beitrag Nr. 16 ()
      +28%!!!!! heute
      Avatar
      schrieb am 02.04.03 23:05:03
      Beitrag Nr. 17 ()
      heute + 14%!!!

      Avatar
      schrieb am 07.04.03 22:34:11
      Beitrag Nr. 18 ()
      FOXTEL, Australia`s Leading Subscription TV Provider, Selects NDS`s End-to-End Digital Systems
      Sunday April 6, 7:05 pm ET
      Highlights:


      SYDNEY--(BUSINESS WIRE)--April 7, 2003-- -- NDS VideoGuard® conditional access system selected by FOXTEL
      to secure content on its digital cable and satellite TV

      platforms.

      NDS to co-develop an Electronic Program Guide for FOXTEL digital viewers.
      NDS Value@TV(TM) and interactive VideoGuard systems will be used to support FOXTEL`s interactive TV platform.
      NDS selected as prime systems integrator to deliver FOXTEL`s digital broadcasting system.
      NDS Group plc, a News Corporation company and the leading provider of technology solutions for digital pay-TV, today announced that FOXTEL will use NDS systems for the launch of FOXTEL`s full digital service.

      FOXTEL is Australia`s leading subscription television provider servicing more than one million subscriber homes on cable and satellite through retail and wholesale distribution. FOXTEL intends to commence new digital television services by early 2004.

      FOXTEL has selected NDS as its prime systems integrator and provider of key digital technology solutions that will deliver secure subscription broadcasts and enable exciting interactive services in Australia.

      FOXTEL`s Chief Executive, Mr Kim Williams, said: "FOXTEL is leading the development of digital television in Australia and our alliance with NDS will enable us to deliver innovative new services reliably and securely with maximum ease of operation for our subscribers. NDS is a world leader in digital broadcasting technology and their proven systems offered the best solutions for FOXTEL."

      Mr. Peter Iles, General Manager of NDS Australia and New Zealand operations said: "VideoGuard conditional access is established with broadcasters around the world as a reliable and secure DVB conditional access system. In addition, the NDS technology chosen by FOXTEL creates a digital interactive platform that will enable FOXTEL to offer numerous value added TV services to its viewers."

      NDS solutions chosen by FOXTEL include the VideoGuard digital conditional access system, the StreamServer digital broadcasting playout management system, the Value@TV interactive TV headend, the iVG (interactive VideoGuard) providing conditional access service to interactive applications and an NDS and FOXTEL co-developed electronic program guide.

      In addition, FOXTEL, in a later phase of its digital roll-out, will introduce the NDS XTV(TM) Personal Video Recorder (PVR) to enhance its digital system. It is anticipated that FOXTEL will offer the PVR approximately 12 months after the launch of the first phase of its new digital services.

      The NDS VideoGuard conditional access solution will provide secure broadcast of digital subscription television services to cable and satellite subscribers of the FOXTEL network. The agreement provides for the installation of the VideoGuard conditional access system to the existing cable subscribers who will be transitioned to digital over an expected period of two years. On satellite NDS VideoGuard system will simulcrypt with FOXTEL`s existing Irdeto conditional access system and provide the enhanced FOXTEL digital services on satellite as well.

      NDS will also be the prime integrator for the introduction of new digital set-top boxes to the cable and satellite environment.

      The FOXTEL EPG will assist viewers to easily access program schedules, synopsis and summary information at the click of a remote.

      About FOXTEL

      FOXTEL is Australia`s leading subscription television provider and is connected to more than one million homes on cable and satellite through retail and wholesale distribution. FOXTEL is owned by Telstra Corporation Ltd (50%), The News Corporation Ltd (25%), and Publishing and Broadcasting Ltd (25%).

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements

      This document contains certain `forward-looking statements` with the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management`s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The `forward-looking statements` included in this document are made only as of the date of this document and we do not have any obligation to publicly update any `forward-looking statements` to reflect subsequent events or circumstances.



      --------------------------------------------------------------------------------
      Contact:
      NDS Asia Pacific
      Diane Powers
      Tel: +852 2201 9151
      Email: dpowers@nduk.com
      or
      Howorth Communications
      Susan Moore/Emma Young
      Tel: +612 9904 4533
      Email: pr@howorth.com.au
      or
      FOXTEL
      Mark Furness
      Tel: +612 9200 1733



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 18.04.03 16:42:18
      Beitrag Nr. 19 ()
      Fast 52 Wochen Hoch!:lick:

      siehe Posting Nr.8;)

      immernoch Kgv von 17


      Avatar
      schrieb am 23.04.03 22:31:59
      Beitrag Nr. 20 ()
      Visionik Delivers First Interactive TV Game to MTV
      Wednesday April 23, 5:00 am ET
      Highlights:


      COPENHAGEN, Denmark & LONDON--(BUSINESS WIRE)--April 23, 2003-- -- Mugshot Mania an action packed platform interactive game,
      launched on April 7th

      Visionik enhances the MTV brand with interactive TV games
      Free of charge games accessible through the MTV Core service menu
      New version of 24/7 interactive service menu, developed by NDS, launched at the same time
      Visionik, an NDS company, and a leading developer of interactive TV services, announces the launch of MTV`s first interactive game; Mugshot Mania. Mugshot Mania brings more interactive fun to MTV. Viewers are enticed to explore celebrities backstage at concerts through an action filled platform game. Free to play, the game, consisting of 25 levels, brings the experience of being at a music concert through gameplay involving taking pictures, escaping bouncers and trying to sneak backstage. This is the first of a package of games being delivered to MTV by Visionik.

      Peter Schroder, Commercial Director, Games, Visionik, commented, "With the delivery of Mugshot Mania, Visionik has again proved itself as a leader in enabling major brands to reap the benefits of interactive TV games. We are extremely happy to be working with the world`s leading music channel and we are looking forward to introducing more interactive TV games to the MTV community. This work with MTV extends the successful relationship already in existence between MTV and NDS."

      By introducing interactive games, MTV expects to enhance viewer loyalty and increase viewing figures. Offering games associated with a major TV brand like MTV increases brand exposure and enhances the content value of the channel. Compelling content is key to make the viewer stay loyal to the TV brand and games have proven to be the single most popular interactive TV application in the world.

      Matthew Kershaw, Head of Interactive MTV Networks UK & Ireland commented, "Games create a really engaging entertainment environment that enhances the viewing experience. In our experience games also boost viewer loyalty and increase channel ratings, especially if the game is free like Mugshot Mania. Ultimately, interactivity should be about giving the viewers what they want and, combined with our existing interactive service and peep MTV, that`s what we`re giving them with Mugshot Mania."

      The interactive games are accessible to viewers by pressing the red button on the remote control when watching any MTV channel. The viewer is then taken to the MTV Core service menu. By selecting "play", the viewer enters the interactive TV games zone where all games can be enjoyed free of charge. A new version of the MTV 24/7 interactive service developed by NDS, which allows applications to be plugged and played, is being launched at the same time as Mugshot Mania.

      About Mugshot Mania

      Mugshot Mania is the first MTV flavored iTV game to be launched in the world and will be followed by additional games in the near future. In the game, the player is an unauthorized fan that sneaks backstage to take pictures of celebrities to be kept in the player`s photo book. The pictures are taken with a mobile phone, which has double functionalities: it opens the door to the celebrities lounge and takes pictures, which triggers the alarm and as the player heads for the exit, the mobile phone is used to stun opponents allowing for more time to escape. Mugshot Mania features 25 levels of action.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay-TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See www.nds.com for more information about NDS.

      About Visionik

      Visionik is a leading expert in developing digital interactive TV services. See www.visionik.com for more information about Visionik.

      About MTV

      MTV Networks UK`s portfolio is comprised of eight music channels - MTV, MTV Hits, MTV Base, MTV Dance, MTV2, VH1, VH1 Classic and TMF* (The Music Factory). MTV Networks` music services are now reaching larger audiences than at any time in UK history, averaging over 15 million viewers each month according to BARB research. Collectively, they have the #1 ratings position in the market for multichannel households, with around 60% of all music TV viewing. MTV targets 16-34 year-olds and can be found online at mtv.co.uk, while MTV2 can be found online at mtv2europe.com. VH1 targets 25-45 year-olds and can be found online at vh1.co.uk, and TMF targets members of the entire family.

      Cautionary Statement Concerning Forward-Looking Statements

      This document contains certain `forward-looking statements` with the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management`s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The `forward-looking statements` included in this document are made only as of the date of this document and we do not have any obligation to publicly update any `forward-looking statements` to reflect subsequent events or circumstances.

      www.visionik.com



      --------------------------------------------------------------------------------
      Contact:
      NDS
      NDS Group plc
      Margot Field (Media)
      Tel: +44 (0) 208 476 8158
      mfield@ndsuk.com
      or
      Visionik A/S
      Maria Flodin
      Tel: + 45 22 72 00 08
      mflodin@visionik.com
      or
      Golin/Harris
      Giles Morgan/Gemma Craven
      Tel: +44 (0) 207 898 3467/3310
      gmorgan@golinharris.com/
      gcraven@golinharris.com
      or
      MTV
      Sam Curlewis
      Tel: +44 (0)207 284 7654
      curlewis.Samantha@mtvne.com



      --------------------------------------------------------------------------------
      Source: Visionik
      Avatar
      schrieb am 29.04.03 13:14:48
      Beitrag Nr. 21 ()
      NDS Group PLC Reports Increased Revenues and Major New Contract Wins in Third Quarter Results
      Tuesday April 29, 7:07 am ET
      Highlights:


      LONDON--(BUSINESS WIRE)--April 29, 2003-- -- Revenue increased by 7% to GBP65 million
      New platform win - NDS to provide VideoGuard(TM) conditional access to Modern Times Group`s DTH platform Viasat
      Sky Italia selected NDS as the key technology provider for the merged Stream-Telepiu platform in Italy
      Australia`s FOXTEL selected NDS as prime integrator and provider of key digital technology solutions for full digital service
      Just under 9 million smart cards shipped during quarter, including start of BSkyB changeover
      Total active NDS smart cards stands at 32.6 million
      NDS Group plc, a News Corporation company and the world`s leading provider of conditional access systems and interactive applications for digital pay TV, today announced its unaudited results for the quarter ended 31 March 2003 (Q3 FY03).

      Commenting on NDS`s performance, Dr. Abe Peled, President and Chief Executive Officer, said:

      "NDS has completed a very satisfying quarter with increased revenues and new platform wins. Even with the continued challenging market conditions, NDS has won a new platform in Europe, Viasat, and has established a strong stake in the Australian market with FOXTEL. We are also working on an aggressive schedule to meet the challenges of Italy`s new combined satellite platform, Sky Italia".

      Rick Medlock, Chief Financial Officer, added: "NDS continues to weather the tough market conditions, reporting growth in revenues and continuing excellent profitability. Our business model is built around long term relationships with leading pay-TV operators and the three contracts with Viasat, FOXTEL and Sky Italia further broadens our customer base and provide excellent opportunities for the future".

      Key Statistics

      3 months 3 months 9 months 9 months
      to to to to
      31 March 31 March % 31 March 31 March %
      2003 2002 change 2003 2002 change
      -------------- -------- -------- -------- ---------- -------- --------
      GBP`000
      -------------- -------- -------- -------- ---------- -------- --------
      Revenues 64,620 60,125 +7% 184,115 175,774 +5%
      -------------- -------- -------- -------- ---------- -------- --------
      Operating
      Income,
      before
      amorti-sation
      & exceptional
      costs 14,018 14,619 -4% 38,105 40,331 -6%
      -------------- -------- -------- -------- ---------- -------- --------
      Operating
      Margin % 21.7% 24.3% -2.6% 20.7% 22.9% -2.2%
      -------------- -------- -------- -------- ---------- -------- --------
      Exceptional
      costs 1,052 - - 3,349 - -
      -------------- -------- -------- -------- ---------- -------- --------
      EBITA 12,966 14,619 -11% 34,756 40,331 -14%
      -------------- -------- -------- -------- ---------- -------- --------
      Net Income 7,124 9,045 -21% 18,876 24,871 -24%
      -------------- -------- -------- -------- ---------- -------- --------

      -------------- -------- -------- -------- ---------- -------- --------
      $`000
      -------------- -------- -------- -------- ---------- -------- --------
      Revenues 101,453 94,396 +7% 289,061 275,965 +5%
      -------------- -------- -------- -------- ---------- -------- --------
      Operating
      Income,
      before
      amortisation
      & exceptional
      costs 22,008 22,952 -4% 59,825 63,320 -6%
      -------------- -------- -------- -------- ---------- -------- --------
      Operating
      Margin % 21.7% 24.3% -2.6% 20.7% 22.9% -2.2%
      -------------- -------- -------- -------- ---------- -------- --------
      Exceptional
      costs 1,652 - - 5,258 - -
      -------------- -------- -------- -------- ---------- -------- --------
      EBITA 20,356 22,952 -11% 54,567 63,320 -14%
      -------------- -------- -------- -------- ---------- -------- --------
      Net Income 11,185 14,201 -21% 29,635 39,047 -24%
      -------------- -------- -------- -------- ---------- -------- --------

      -------------- -------- -------- -------- ---------- -------- --------
      Subscribers
      -------------- -------- -------- -------- ---------- -------- --------
      Net Subscriber
      Additions 0.8 0.8 3.0 3.6
      million million million million
      -------------- -------- -------- -------- ---------- -------- --------
      Subscribers at
      end of period 32.6 28.1 32.6 28.1
      million million million million
      -------------- -------- -------- -------- ---------- -------- --------

      1. For the convenience of the reader only, pounds sterling amounts for all periods have been translated into US dollar amounts at the exchange rate of US$1.57 = GBP1.00, the closing rate of exchange on 31 March 2003.

      2. The Company has defined operating income before charges for the amortisation of intangible assets acquired as part of a business combination (EBITA) as a key measure of operating performance, so that period on period comparisons are not distorted by the impact of the amortisation charge arising from acquisitions. Operating income after such amortisation can be found in the attached tables. We have also presented figures for EBITA before exceptional items, so that period to period comparisons are not distorted by these unusual items.

      OPERATIONAL REVIEW

      Underlying Business

      Despite continued uncertainty in the world economic outlook NDS is able to report another increase in revenues in the quarter. We have continued to supply smart cards to DIRECTV, as part of a card replacement programme, and to other customers to support a total of 32.6 million active smart cards as at 31 March 2003. There has been modest growth across all regions, although Latin America remains very weak. During the quarter we shipped just under 9 million cards, including the first part of a changeover for BSkyB.

      Upgrades and enhancements continue to be delivered as well as support and maintenance services to our customer base, although there were no major contract completions in the quarter. Royalties receivable from set-top box manufacturers increased in the quarter following declines of recent quarters. Our revenues from new technologies were boosted by licence income derived from our OpenBet(TM) software developed through Orbis, who had an exceptionally strong quarter.

      Although our margins are lower than in the previous financial year as a result of revenue mix and volume discounts granted to certain customers, our underlying cost base is lower than twelve months ago. EBITA, before exceptional costs has decreased by 4%, which we consider to be a creditable performance in the current economic circumstances.

      New Business

      We have had a very successful quarter in winning new business.

      Against fierce competition, NDS won the contract to provide Viasat, the Modern Times Group`s pay and free TV satellite broadcasting division, with NDS`s VideoGuard(TM) conditional access. Viasat`s digital pay-TV platform covers the Nordic region in Sweden, Norway, Denmark and Finland. NDS`s conditional access was chosen by Viasat to provide better functionality, add new services to increase ARPU and to help resolve a significant piracy issue.
      The European and Italian authorities have approved the merger of the Stream and Telepiu platforms in Italy and NDS is working on providing a single conditional access system for the merged business, together with additional NDS products.
      Australia`s leading subscription TV provider, FOXTEL, selected NDS to deliver an end to end system for the launch of their full digital service. This is one of the first public contracts to be announced following the protracted debate in Australia concerning the governance of digital broadcast.
      Orbis was selected by BSkyB to develop its SkyBet gaming and betting applications. Orbis already supplies an interactive betting solution to BSkyB to power its online betting service.
      NDS Visionik delivers first interactive TV game to MTV. NDS has had a long term relationship with MTV in the UK - this quarter launching applications: "Let`s Get Flirty" - a Valentine`s Day application; "The Osbournes Go Interactive". The addition of the Visionik games will provide added value to the NDS relationship with MTV building on existing successes of MTV Europe Music Awards 2001 and 2002.
      Litigation

      For information regarding litigation affecting the Company, reference is made to Note 2a of the unaudited financial information that accompanies this announcement.

      FINANCIAL REVIEW

      Revenues

      Revenues for the quarter ended 31 March 2003 were GBP64.6 million, a 7% increase from GBP60.1 million in the same quarter of the previous financial year. For the nine-month period, revenues increased by 5% to GBP184.1 million from GBP175.8 million.

      Conditional access revenues were GBP41.9 million for the quarter, compared to GBP33.3 million for the same period in the previous year. For the nine-month period, conditional access revenues were GBP115.1 million, compared to GBP83.4 million. The increase is due to significant shipments of smart cards for DIRECTV; we commenced shipments of the new generation card in February 2002 and our current card order from DIRECTV is expected to be completed during the fourth quarter. The base of active smart cards protecting our customers` revenues rose by 800,000 in the quarter to 32.6 million at 31 March 2003. There was modest growth on all significant platforms, but overall the rate of growth was slower than in previous quarters.

      Revenues from integration, development and support for the quarter were GBP7.8 million, compared to GBP11.3 million in the same quarter of the previous financial year. For the nine-month period, revenues in this category were GBP26.7 million, compared to GBP34.3 million. We have previously highlighted the fact that project revenues in this category can vary significantly from period to period as a consequence of our revenue recognition policies, whereby project revenues are only recognised once certain criteria have been met. Comparative figures included the revenues from system deployment in 2002 at SkyLife in Korea. Apart from regular support and maintenance income, revenues in the current quarter were mainly derived from enhancements and from integration work performed for an increasing number of set-top box manufacturers.

      Licence fees and royalties amounted to GBP5.4 million for the quarter and GBP15.9 million for the nine-month period, compared to GBP6.7 million and GBP23.8 million, respectively for the equivalent periods of the previous financial year. The timing of software delivery and acceptance can significantly affect period-on-period comparisons. During the quarter, the only significant licence fees recognised were related to previous system deliveries where revenue had been deferred in accordance with our accounting policies. Royalties received from set-top box manufacturers were higher than in recent quarters, possibly due to consumers upgrading or replacing their decoders.

      Revenues from new technologies amounted to GBP9.0 million in the quarter and GBP23.0 million for the nine-month period, compared to GBP8.5 million and GBP26.8 million, respectively for the equivalent periods of the previous financial year. During the quarter we earned significant revenues from licences and system enhancements relating to our OpenBet(TM) software from customers in the UK and Asia. Additionally, we earned initial revenues under a new three-year contract with BSkyB who are using OpenBet(TM) to support their interactive betting and gaming applications.

      Reported sterling revenues have been adversely affected by the decline in the relative value of the US Dollar, in particular because approximately 65% of revenues were denominated in US Dollars in the period.

      Margins

      Gross margin was 58.2% for the quarter and 57.8% for the nine-month period, both of which are about nine percentage points lower than in the previous year. This is due to revenue mix and exchange rate movements, exacerbated by the very high sales of cards to DIRECTV which are at a lower price due to volume discounts.

      Operating Expenses

      Sales and marketing costs and research and development expenditure are lower compared with the same periods in the previous financial year. This is as a result of cost-saving measures introduced in the second part of last year and from reduced discretionary expenses. We have also benefited from the decline in the relative value of the US Dollar, which has the effect of reducing the reported sterling costs, especially of our Israel and US operations. General and administrative costs are in line with the previous year, with staff-cost savings being substantially off-set by higher property costs and legal and professional fees. Fluctuations in sterling exchange rates have generated gains in the quarter of GBP0.8 million and GBP0.9 million for the nine-month period, compared to losses of GBP0.1 million and GBP0.9 million, respectively, in the previous financial year.

      Exceptional costs

      We have incurred exceptional legal costs of GBP0.6 million in the quarter (GBP 2.9 million for the nine-month period) in connection with the two lawsuits and the investigation. No provision has been made for future costs or other payments.

      During the quarter we incurred a charge of GBP0.5 million to write off an investment in a technology venture capital fund as, following discussions with the fund manager, we now believe that there is no realistic prospect of realizing value in the foreseeable future.

      Amortisation

      Amortisation of intangible fixed assets arising as a result of previous years` business acquisitions was GBP2.5 million in the quarter and GBP7.5 million for the nine-month period. The increase from the prior year reflects the additional intangible assets recognised during the fourth quarter of that year relating to the Orbis and Visionik acquisitions.

      Net income

      As a consequence of the factors outlined above, our underlying operating performance, as measured by operating income before exceptional costs and amortisation of intangibles was GBP14.0 million for the quarter and GBP38.1 million for the nine-month period, representing an operating margin of 21.7% and 20.7%, respectively. Net income was GBP7.1 million for the quarter and GBP18.9 million for the nine-month period.

      Working capital

      Inventory balances have reduced by GBP16.5 million compared to June 2002 as we continue to ship large volumes of cards to DIRECTV. We have also commenced the planned card changeover for BSkyB; this changeover is funded through monthly subscriber fees, therefore has no impact on revenues but the reduction in inventory is partially offset by a decrease in provisions of GBP4.9 million. The net book value of trade receivables has increased by GBP18.7 million. As well as reflecting higher billings in the final month of the quarter, receivables from DIRECTV have also increased. During the course of the litigation, we have taken a prudent view on recognising revenues from DIRECTV but have continued to invoice amounts as and when we consider that they fall due. As at 31 March 2003, approximately GBP25 million was receivable from DIRECTV, GBP16 million of which was past due. Current liabilities have declined substantially in the period. Customer deposits and deferred income has declined by GBP15.4 million, mainly as a result of having received payment from customers in the previous financial year for items where the revenue has been recognised in the current financial year.

      As a result of these large movements in working capital, operating cash flows have been significantly below operating income, at GBP2.3 million for the quarter and GBP8.6 million for the nine-month period. After allowing for interest, tax and capital payments, we experienced a net cash out-flow in the quarter of GBP0.9 million and GBP6.8 million for the nine-month period. As at 31 March 2003, we had cash balances of GBP91.1 million.

      About NDS

      NDS Group plc (NASDAQ/ NASDAQ Europe: NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See www.nds.com for more information about NDS.

      Cautionary Statement Concerning Forward-looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS`s filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.

      CONFERENCE CALL

      Dr. Abe Peled, President and Chief Executive Officer and Rick Medlock, Chief Financial Officer, will host a conference call to discuss this announcement and answer questions at 2:00 pm UK time (9:00am Eastern time) on Tuesday 29 April 2003.

      UK & International: +44 (0) 208 401 1043
      UK only free phone: 0500 101630
      (Instant Replay: +44 (0) 208 288 4459 or 0500 637880 - Passcode:
      463902)

      USA Toll-free phone: (800) 513 7698
      (Instant Replay: (703) 736 7336 or (800) 495 0250 - Passcode:
      463902)

      The audio replay for the call will also be available on the NDS website www.nds.com from 30 April 2003.

      NDS GROUP PLC
      UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
      FOR THE THREE MONTHS ENDED 31 MARCH 2003

      3 months 3 months
      ended ended
      31 March 31 March
      Notes 2003 2002
      GBP`000 GBP`000
      Revenues
      Conditional access 41,872 33,264
      Integration, development & support 7,802 11,289
      Licence fees & royalties 5,358 6,668
      New technologies 9,019 8,508
      Other revenue 569 396
      -------- --------
      Total revenues 64,620 60,125
      -------- --------

      Cost of sales
      Smart card & changeover provisions (20,452) (12,362)
      Operations & support (4,909) (5,878)
      Royalties (1,497) (1,044)
      Other (172) (373)
      -------- --------
      Total cost of sales (27,030) (19,657)
      -------- --------

      Gross profit 37,590 40,468
      -------- --------
      Gross profit % 58.2% 67.3%

      Operating expenses, excluding amortisation of
      intangible fixed assets and exceptional items
      Sales & marketing expenses (3,500) (3,635)
      Research & development (16,178) (17,427)
      General & administration (4,733) (4,720)
      Foreign exchange gains (losses) 839 (67)
      -------- --------
      Total (23,572) (25,849)
      -------- --------

      Operating income, before amortisation of
      intangible fixed assets and exceptional items 14,018 14,619
      Operating income % 21.7% 24.3%

      Amortisation of intangibles (2,514) (1,724)
      Exceptional costs 2 (1,052) -
      -------- --------
      Operating profit 10,452 12,895

      Net interest income 858 610
      -------- --------
      Profit on ordinary activities before tax 11,310 13,505
      Taxation (4,186) (4,460)

      -------- --------
      Net profit 7,124 9,045
      -------- --------

      ---------------------------------------------- ----- -----------------
      Earnings per share 4
      Basic 13.2p 17.0p
      Diluted 13.2p 16.6p

      Adjusted earnings per share
      Basic 19.2p 20.2p
      Diluted 19.2p 19.7p
      ---------------------------------------------- ----- -----------------

      NDS GROUP PLC
      UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT
      FOR THE NINE MONTHS ENDED 31 MARCH 2003

      9 months 9 months Year
      ended ended ended
      31 March 31 March 30 June
      Notes 2003 2002 2002
      GBP`000 GBP`000 GBP`000
      Revenues
      Conditional access 115,111 83,402 125,068
      Integration, development & support 26,718 34,338 43,737
      Licence fees & royalties 15,886 23,824 30,615
      New technologies 23,007 26,782 33,338
      Other revenue 3,393 7,428 8,030
      -------- -------- ---------
      Total revenues 184,115 175,774 240,788
      -------- -------- ---------

      Cost of sales
      Smart card & changeover provisions (54,718) (29,910) (49,160)
      Operations & support (15,937) (18,490) (23,300)
      Royalties (3,217) (3,228) (4,397)
      Other (3,739) (5,933) (6,250)
      -------- -------- ---------
      Total cost of sales (77,611) (57,561) (83,107)
      -------- -------- ---------

      Gross profit 106,504 118,213 157,681
      -------- -------- ---------
      Gross profit % 57.8% 67.3% 65.5%

      Operating expenses, excluding
      amortisation of intangible fixed
      assets and exceptional items
      Sales & marketing expenses (10,300) (12,079) (15,876)
      Research & development (45,768) (51,398) (68,738)
      General & administration (13,194) (13,549) (17,793)
      Foreign exchange gains (losses) 863 (856) (1,403)
      -------- -------- ---------
      Total (68,399) (77,882) (103,810)
      -------- -------- ---------

      Operating income, before amortisation
      of intangible fixed assets and
      exceptional items 38,105 40,331 53,871
      Operating income % 20.7% 22.9% 22.4%

      Amortisation of intangibles (7,544) (5,170) (7,350)
      Exceptional costs 2 (3,349) - (3,826)
      -------- -------- ---------
      Operating profit 27,212 35,161 42,695

      Share of associate`s operating profit
      (loss) 3 (280) - 21
      Net interest income 2,065 1,893 2,513
      -------- -------- ---------
      Profit on ordinary activities before
      tax 28,997 37,054 45,229
      Taxation (10,121) (12,183) (14,551)
      -------- -------- ---------
      Net profit 18,876 24,871 30,678
      -------- -------- ---------

      ----------------------------------------------------------------------
      Earnings per share 4
      Basic 35.1p 46.7p 57.5p
      Diluted 34.9p 45.4p 56.1p

      Adjusted earnings per share
      Basic 52.9p 56.4p 76.2p
      Diluted 52.7p 54.8p 74.3p
      ----------------------------------------------------------------------

      NDS GROUP PLC
      UNAUDITED CONSOLIDATED BALANCE SHEET
      AS AT 31 MARCH 2003

      31 March 30 June
      Notes 2003 2002
      GBP`000 GBP`000
      Fixed assets
      Investments - 2,337
      Intangible assets 69,336 76,492
      Tangible assets 16,285 17,694
      --------- ---------
      85,621 96,523
      --------- ---------

      Current assets
      Investments - 500
      Stocks 20,591 37,065
      Deferred tax asset 3,491 3,951
      Trade debtors and accrued income 61,230 42,516
      Other debtors 4,596 5,433
      Cash 91,071 98,502
      --------- ---------
      180,979 187,967
      --------- ---------

      Creditors falling due within one year
      Customer deposits and deferred income (21,900) (37,255)
      Due in respect of acquisitions (419) (5,159)
      Other current liabilities (42,108) (53,132)
      --------- ---------
      (64,427) (95,546)
      --------- ---------

      Net current assets 116,552 92,421
      --------- ---------

      Total assets less current liabilities 202,173 188,944

      Creditors
      Amounts falling due after one year (1,262) (1,445)

      Provisions for liabilities and charges (18,763) (23,691)

      --------- ---------
      Net assets 182,148 163,808
      --------- ---------


      Equity and capital reserves 5
      Equity share capital 339 337
      Share premium & merger reserve 177,593 163,262
      Shares to be issued - 14,333
      Profit and loss account (171,049) (189,389)
      Capital contribution 133,265 133,265
      --------- ---------
      140,148 121,808
      Non-equity capital 42,000 42,000
      --------- ---------
      Total capital employed 182,148 163,808
      --------- ---------

      NDS GROUP PLC
      UNAUDITED SUMMARISED STATEMENT OF CONSOLIDATED CASH FLOWS
      FOR THE 9 MONTHS ENDED 31 MARCH 2003

      3 months 9 months Year
      ended ended ended
      31 March 31 March 30 June
      2003 2003 2002
      GBP`000 GBP`000 GBP`000

      Operating profit 10,452 27,212 42,695

      Non-cash operating costs 4,981 14,028 16,323
      Movement in working capital (13,120) (32,600) 8,898
      -------- -------- --------
      Net cash inflow from operating activities 2,313 8,640 67,916

      Net interest received 728 1,971 2,565
      Tax paid (2,935) (10,207) (13,075)
      Capital expenditure (985) (4,103) (6,417)
      Acquisitions and disposals - (3,077) (1,222)
      -------- -------- --------
      Cash generated (used) (879) (6,776) 49,767

      Proceeds from issue of shares - - 525
      Repayment of debt - - (14,403)

      -------- -------- --------
      Increase (decrease) in cash balances (879) (6,776) 35,889

      Cash, beginning of period 91,350 98,502 65,337
      Foreign exchange translation differences 600 (655) (2,724)

      -------- -------- --------
      Cash, end of period 91,071 91,071 98,502
      -------- -------- --------

      NOTES

      1. Basis of preparation and presentation

      These unaudited financial statements have been prepared using the accounting policies disclosed in the consolidated financial statements for the year ended 30 June 2002 which are in compliance with UK GAAP. They do not constitute statutory accounts. Figures for 30 June 2002 and for the year ended on that date have been extracted from the consolidated financial statements of NDS Group plc on which the auditors gave an unqualified audit report. In the opinion of management, the unaudited quarterly results reflect all adjustments necessary to present fairly the financial position, results of operations and cash flows of NDS. The unaudited quarterly results should be read in conjunction with the audited consolidated financial statements as of 30 June 2002.

      2. Exceptional items

      3 months 3 months
      ended ended
      31 March 31 March
      2003 2002
      GBP`000 GBP`000

      Costs incurred in connection with
      litigation 587 -
      Write down of investments 465 -
      ---------- ----------
      Costs incurred in connection with
      litigation 1,052 -
      ---------- ----------

      9 months 9 months Year
      ended ended ended
      31 March 31 March 30 June
      2003 2002 2002
      GBP`000 GBP`000 GBP`000

      Costs incurred in connection with
      litigation 2,884 - 1,558
      Write down of investments 465 - -
      Costs arising on disposal of surplus
      premises - - 2,268
      ---------- ---------- ----------
      3,349 - 3,826
      ---------- ---------- ----------

      a) Litigation

      On 11 March 2002, Groupe Canal+ S.A., Canal+ Technologies S.A. and Canal+ Technologies Inc. (collectively "Canal+"), subsidiaries of Vivendi Universal Group, filed a lawsuit against NDS Group plc and NDS Americas Inc. (a subsidiary company) in the United States District Court, Northern District of California. The complaint purports to allege claims for unfair competition, copyright infringement, violating the Digital Millennium Copyright Act, tortious interference with contract and prospective economic advantage, conspiracy, violation of the Racketeer Influenced and Corrupt Organizations Act and violations of the Communications Act. The complaint seeks injunctive relief, compensatory and exemplary damages and restitution. On 1 October 2002, Canal+ and NDS agreed to a stay of all proceedings pending regulatory approval of the purchase of the Italian pay TV businesses owned by Vivendi by The News Corporation Limited (NDS` parent). Regulatory approval was given on 2 April 2003. The action will be dismissed with prejudice upon the consummation of the purchase. On 27 September 2002, EchoStar Communications Corporation and several affiliates asked the court`s permission to intervene in the action, asserting that they have claims similar to those asserted by Canal+. Additionally, on 23 October 2002 MEASAT Broadcast Network Systems Sendirian Berhad requested permission to intervene in the action and on 24 December 2002 Sogecable S.A. the owner of Canal Satelite Digital, a Spanish satellite broadcaster and a customer of Canal+ Technologies similarly requested permission to intervene. These motions were heard on 3 April, 2003. The court reserved decision. Upon dismissal of the action, NDS believes all motions to intervene pending at that time will become moot. The Directors do not believe that it is appropriate to make any further provision in the financial statements relating to this matter. Any further costs incurred will be recorded in financial statements for future periods.

      In September 2002, NDS Group plc and two of its subsidiaries were named as defendants in a lawsuit filed by DIRECTV, Inc. and certain of its affiliates in the United States District Court for the Central District of California. At DIRECTV`s request, the action was filed under seal. The suit, most of which has now been dismissed (see below), purported to allege misappropriation of trade secrets, breach of contract, fraud and statutory violations relating to NDS` provision of conditional access services to DIRECTV. The suit sought unspecified damages and injunctive relief. The allegations are substantially similar and related to a complaint in a prior action commenced by DIRECTV that was dismissed with prejudice in February of 2002. NDS believes that these allegations as well as the additional ones in the complaint were and are without merit and a pretext designed to enable DIRECTV to circumvent restrictions on DIRECTV`s future use of NDS` technology and filed a motion to dismiss the claims. On 21 January 2003 Judge Audrey B. Collins of the United States District Court for the Central District of California dismissed most of the claims made by DIRECTV. The Court dismissed in their entirety claims brought by DIRECTV alleging fraud, breach of warranty and violation of the Federal Communications Act. The Court also dismissed the bulk of five other DIRECTV claims, including those for breach of contract, breach of fiduciary duty, breach of the covenant of good faith and fair dealing, and statutory violations. DIRECTV`s remaining claims, which NDS maintains are meritless, relate to one alleged incident of misappropriation of trade secrets.

      NDS intends to continue to defend the action vigorously. On 21 October 2002, NDS filed counterclaims against DIRECTV and a chip manufacturer, alleging that DIRECTV and the chip manufacturer misappropriated NDS` trade secrets and proprietary information, conspired to infringe NDS` patents, colluded to unfairly compete and breached agreements and licences restricting the use of NDS` intellectual property. On 24 March 2003 the Court denied in its entirety DIRECTV`s motion to dismiss NDS`s counterclaims thereby confirming that all NDS`s counterclaims against DIRECTV survive. The parties have recently undertaken efforts to resolve the matters in dispute.

      On 2 October 2002, NDS Americas, Inc. was served with subpoenas by the U.S. Attorney`s office in San Diego, California, seeking documents apparently in connection with an investigation related to Canal+ and EchoStar`s claims. NDS is cooperating with the investigation. NDS was advised by the U.S. Attorney`s Office in San Diego that it is not currently considered either a target or a subject in the investigation. Lead responsibility for the investigation has recently been transferred to the U.S. Attorney`s Office for the Central District of California.

      The costs of dealing with these matters have been expensed as incurred and shown as an exceptional item. Any further costs incurred will be recorded in financial statements for future periods.

      b) Write down of investments

      During the quarter ended 31 March 2003 it became apparent to the Directors that there was little prospect of extracting value from the Group`s investment in a technology venture capital fund and accordingly full provision has been made against the carrying value.

      c) Surplus premises

      During the previous financial year, as part of a review of NDS worldwide operations, it was decided to close and dispose of a number of premises. The costs of closure include an estimate of rental payments which NDS is obliged to pay until the end of the relevant lease periods, the write-off of leasehold improvements and surplus equipment and other payments to terminate contracts.

      3. Investment in associated undertaking

      In December 2002, NDS acquired certain assets from its associated undertaking, ADSR Limited and obtained the repayment of loans to that company. NDS then sold its shares in ADSR Limited for a nominal sum.

      4. Earnings per share

      In addition to earnings per share calculated on the basis of net profit for the year, figures are also presented for earnings per share adjusted to eliminate the distortions caused by exceptional costs and the amortisation of intangible assets acquired as part of a business combination. A reconciliation of the profits used in the calculations is as follows:

      3 months 3 months
      ended ended
      31 March 31 March
      2003 2002
      GBP`000 GBP`000

      Net profit 7,124 9,045

      Add back Amortisation of
      intangibles 2,514 1,724
      Exceptional items 1,052 -
      Tax effect of the above (320) -

      ---------- ----------
      Adjusted net profit 10,370 10,769
      ---------- ----------

      -0-

      9 months 9 months Year
      ended ended ended
      31 March 31 March 30 June
      2003 2002 2002
      GBP`000 GBP`000 GBP`000

      Net profit 18,876 24,871 30,678

      Add back Amortisation of
      intangibles 7,544 5,170 7,350
      Exceptional items 3,349 - 3,826
      Tax effect of the above (1,288) - (1,220)

      ---------- ---------- ----------
      Adjusted net profit 24,481 30,041 40,634
      ---------- ---------- ----------

      The weighted average number of shares and the weighted average number of potential shares in issue for each period (including potentially dilutive share options and shares issued in connection with, but after, the acquisition of Orbis Technology Limited ("Orbis")) have been determined in accordance with FRS 14. These quantities are therefore a function of, amongst other things, the average quoted share price for the period. The figures used in the calculations are as follows:

      Period Weighted Weighted
      average shares average number
      in issue of potential
      shares

      3 months to 31 March 2003 53,984,681 53,813,451
      3 months to 31 March 2002 53,346,355 54,552,714

      6 months to 31 March 2003 54,020,913 54,009,093
      6 months to 31 March 2002 53,285,215 54,806,124

      Year ended 30 June 2002 53,347,593 54,659,952

      5. Share capital and reserves

      Movements on consolidated capital and reserves and reconciliation of movements in shareholders funds for the nine months ended 31 March 2003 are as follows:

      Equity Share Non- Shares Capital Profit Total
      share pre- equity to be contri- and share-
      capi- mium & share issued bution loss holders`
      tal merger capi- account funds
      re- tal
      serve
      ------- -------- ------- -------- -------- ------------------
      GBP`000 GBP`000 GBP`000 GBP`000 GBP`000 GBP`000 GBP`000

      As at 30
      June
      2002 337 163,262 42,000 14,333 133,265 (189,389) 163,808
      Profit
      for the
      period - - - - - 18,876 18,876
      Shares
      issued 2 14,331 - (14,333) - - -
      Share
      options - - - - - 35 35
      Foreign
      ex-
      change
      move-
      ment - - - - - (571) (571)

      ------- -------- ------- -------- -------- ------------------
      As at 31
      March
      2003 339 177,593 42,000 - 133,265 (171,049) 182,148
      ------- -------- ------- -------- -------- ------------------

      During the nine months ended 31 March 2003, 306,648 Series A ordinary shares were issued as the final installment due in respect of the acquisition of Orbis Technology Limited. As at 31 March 2003, there were 53,984,681 shares in issue.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field (Media)
      Tel: +44 (0) 208 476 8158
      E-mail: mfield@ndsuk.com
      or
      Golin Harris UK
      Giles Morgan
      Tel: +44 (0) 207 898 3467
      E-mail: gmorgan@golinharris.com
      or
      Breakaway Communications US
      Kelly Fitzgerald
      Tel: +1 212 590 2555
      E-mail: kfitz@breakawaycom.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 29.04.03 15:23:47
      Beitrag Nr. 22 ()
      India`s Hathway Cable & Datacom Selects NDS`s End-to-End Systems
      Tuesday April 29, 9:18 am ET
      Highlights:


      MUMBAI, India--(BUSINESS WIRE)--April 29, 2003-- -- NDS selected as prime systems integrator to transition Hathway
      Cable & Datacom broadcasting operations from analog to digital

      cable TV service.

      NDS to provide Hathway Cable & Datacom with the first full functioned electronic program guide (EPG) in India`s cable TV market.
      NDS VideoGuard® conditional access system to be operational by July 14, 2003.
      NDS Group plc, a News Corporation company and a leading provider of technology solutions for digital pay-TV, today announced that Hathway Cable & Datacom has selected NDS`s end-to-end digital broadcasting systems and systems integration expertise to launch the operator`s first digital cable TV broadcasting services.

      NDS will act as prime systems integrator and technology provider for the Hathway Cable & Datacom digital network upgrade and will also oversee integration of the set-top box, compression systems and subscriber management systems.

      The NDS end-to-end system includes StreamServer(TM) digital broadcasting management, VideoGuard® conditional access and NDS Core middleware. These will be installed in the Hathway Cable & Datacom operation center in Mumbai, and in the regional headends in New Delhi and Chennai.

      The EPG being customized for Hathway Cable & Datacom will be a portal for cable TV viewers to access program schedules, synopses and up to date information about upcoming programs in the digital line-up.

      Hathway Cable & Datacom is one of the largest multi-system operators (MSOs) in India, with a presence in nine cities including Mumbai, New Delhi, Chennai, Bangalore, Pune, Hyderabad, Vijaywada, Ludhiana and Nasik. The company has 48 head-ends spread across nine cities broadcasting more than 80 TV channels to over 2.5 million subscribers.

      India`s Cable Television Networks Regulation (Amendment) Act enacted in January 2003 made the implementation of "addressable systems" (conditional access) compulsory for all pay TV channels. The legislation mandates that all cable networks in the four metropolitan cities - New Delhi, Mumbai, Chennai and Calcutta - must implement conditional access systems by July 14, 2003. India has an estimated 44 million cable TV subscribers, making it the second largest cable TV market in Asia.

      Ms. Sue Taylor, Vice President and General Manager of NDS Asia Pacific said, "India`s cable TV marketplace has entered a critical phase in its development and presents massive opportunities to cable network operators and MSOs that get it right. Hathway Cable & Datacom is leading the implementation of conditional access technology in India. We are honored to work closely with them on this comprehensive rollout, and jointly deliver new digital services to cable TV viewers in India."

      Mr. K. Jayaraman, Managing Director and CEO of Hathway Cable & Datacom said, "Time to market is critical, so we selected NDS for its proven ability to deploy end-to-end systems. We have chosen NDS conditional access because it is the most secure system for deployment of digital and pay-TV systems. It will also provide advanced functionality so that we can deploy new services for the benefit of our subscribers in the future."

      VideoGuard is currently used by over 31 million subscribers around the world and secures over US$11 billion of customer revenues. The system is scalable to support a growing number of subscribers and channels.

      NDS Core is the fully-featured middleware that helps network operators deploy cost-effective set-top boxes quickly and easily. Deployed in over 2.8 million homes worldwide, NDS Core uses industry standards such as HTML and Java. NDS Core closely integrates with other NDS solutions to maximize performance, support all conditional access functions and provide a launching pad to other interactive applications.

      NDS has a research and development facility in Bangalore, India.

      About Hathway Cable & Datacom

      Hathway is a dominant player in India`s cable TV market with presence in more than nine cities across the nation. With its state-of-the-art cable TV network infrastructure, Hathway brings more than 80 TV channels to 2.5 million subscribers. Pioneering in Cable Internet Service in India (Hathway Cable Internet), it is currently providing this service in six cities. Hathway also operates a movie based entertainment channel called Cine Channel (CCC) and various regional city centric channels.

      In September 2000, Hathway entered into an alliance with one of the largest content providers in the world, STAR TV. This alliance will see the launch of enhanced and digital interactive TV all across the country.

      Visit http://www.hathway.com for more information.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Asia Pacific
      Diane Powers, +852 2201 9151
      dpowers@ndsuk.com
      or
      Hathway Cable & Datacom Pvt. Ltd
      Anirban Choudhury, + 91 22 26001306
      anirban@hathway.net



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 15.05.03 11:45:13
      Beitrag Nr. 23 ()



      NDS and Rank Launch Dedicated Bingo-Style Interactive Channel `Fancy a Flutter`
      Thursday May 15, 5:04 am ET


      LONDON--(BUSINESS WIRE)--May 15, 2003--NDS:
      Highlights:

      NDS and Rank form joint venture and launch a dedicated interactive TV channel based on bingo-style games
      `Fancy a Flutter` will launch on BSkyB`s Sky Active menu, offering play for fun and play to win.
      Maximum payout of GBP500,000 from 4 launch games & minimum stake of 20p
      NDS integrates solutions from its subsidiaries Orbis and Visionik to offer a complete gaming offering.
      Nearly 35 per cent of Rank`s Mecca Bingo customers also subscribe to Sky digital
      NDS, a News Corporation company and leading provider of technology solutions for digital pay TV, today announced a joint venture with Rank, one of the world`s leading leisure and entertainment groups, to deploy a dedicated interactive games and betting channel, featuring bingo-style and other numbers games. `Fancy a Flutter` will launch on BSkyB`s Sky Active menus.

      The joint venture channel will offer a mixture of pay-to-play and play-for-fun interactive games. The four launch games are Bingo-Keno, Madcap Keno, Roll `em and Fruit Frenzy, based on existing titles on the highly successful Rank.com website. Fancy a Flutter viewers, who must be over the age of 18, can register either on the channel or online. The emphasis of the games is on fun and reward, available 24 hours a day. From a minimum stake of 20 pence, players can win up to GBP500,000 payouts on some games, with winnings credited to registered debit or credit cards.

      `Fancy a Flutter` will be delivered securely by NDS Value @TV(TM) interactive TV system and integration technologies from its subsidiaries Orbis and Visionik for game/account management and design/application development. Rank is providing its fixed odds bookmaker permit, use of Rank and Mecca brands as well as marketing and customer service expertise.

      "We see a great opportunity entering the growing interactive gaming market with a global brand as powerful as Rank," said Dr Abe Peled, CEO and President, NDS Group plc. "This joint venture will take advantage of the considerable crossover of Mecca Bingo players who are also Sky subscribers, forming the foundation to build this channel. From NDS`s point of view the channel is also unique - the first time we have integrated Orbis, Visionik and NDS technologies to deliver content, which is both entertaining and engaging."

      Mike Smith, CEO, Rank, commented: "This iTV venture enables us to further strengthen the Rank brand as a leader in gaming, generating new revenue and customers through a digital TV channel. We believe the combination of Rank`s brand, marketing and customer service experience mixed with NDS`s world leading technical innovation will give us real advantage in the increasingly competitive interactive gaming landscape."

      Martin Graham-Scott, Managing Director of Fancy a Flutter Limited, said: "This channel is here to offer the most entertaining and rewarding fixed odds games on interactive television to players over 18. Fancy a Flutter is looking to create a growth customer base by producing a stream of compelling bingo and lottery-style games that will be continually developed, maximizing the fun factor. Through NDS and Rank, the channel will harness world class leading gaming and technology, offering thrills, speed and convenience to viewers".

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay-TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See www.nds.com for more information about NDS.

      About Rank

      Rank is one of the UK`s leading leisure and entertainment companies and an international provider of services to the film industry. Leisure and entertainment activities include casinos and bingo clubs (through Mecca Bingo, Grosvenor Casinos), on-line gaming, Hard Rock Cafes and global rights to the Hard Rock brand. Rank also owns film processing, video and DVD duplication and distribution facilities, branded Deluxe. Rank operates primarily in the UK and North America and also has activities in continental Europe and other parts of the world. Rank recently acquired the on-line sports betting company, Blue Square.

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field, +44 (0)20 8476 8158 or +44 (0)788 191 8158
      mfield@ndsuk.com
      www.nds.com
      or
      Golin/Harris International
      Giles Morgan, +44 (0)20 7898 3467
      gmorgan@golinharris.com
      or
      Shared Value Ltd
      Alex Dee, +44 (0)207321 5010
      alex.dee@sharedvalue.net
      or
      Blue Square
      For Rank/Blue Square:
      Ed Pownall, 0207 9844939
      Ed.Pownall@bluesq.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 01.06.03 14:15:04
      Beitrag Nr. 24 ()
      Media
      Stealing The Show
      Dorothy Pomerantz, 05.29.03, 12:00 PM ET

      NEW YORK - On April 30, DirecTV scored what should have been a decisive victory in the company`s ongoing war with satellite pirates. An Orlando, Fla., judge granted DirecTV a temporary restraining order (and later a permanent injunction) shutting down 63 hacker Web sites with names like dssbadboys.com and piratesatelitte.net that provided files to break DirecTV`s encryption and allow viewers to steal satellite service.

      But the company blew it. Instead of quickly sending out a signal to disable priated access cards, DirecTV management waited for the company`s weekly disabling blast. When the scramble finally happened, hackers had fixer files available for satellite thieves within 15 minutes.

      More on Rupert Murdoch


      Tear Sheet

      Add to Tracker

      Listed on World`s Richest People


      More on News Corp.
      Tear Sheet




      Given dumb moves like that, Rupert Murdoch might want to reconsider his commitment to keeping most DirecTV`s execs in place once his $6.6 billion purchase of a controlling stake in the satellite television company from General Motors (nyse: GM - news - people ) closes next year. Industry experts say piracy is costing DirecTV $1.2 billion per year--a nice chunk of its $7.2 billion in revenue--and hackers are laughing at the company`s attempts to get the problem under control. Murdoch has shown he has the tools and the will to do so, but forcing DirecTV pirates to walk the plank in America won`t be as easy as shutting down their counterparts in Europe.

      Part of the problem is DirecTV itself. "The fact that they didn`t act more quickly is mind-boggling," says Bob L. Scherman, publisher of Satellite Business News. "Even the hackers were stunned that nothing happened."

      The Carmel Group, a satellite-consulting firm, says 2.2 million Americans will steal satellite service this year from DirecTV compared with 720,000 from DirecTV rival EchoStar Communications (nasdaq: DISH - news - people ). The DirecTV-pirate population could jump to 3.3 million by 2006. Piracy is so much worse at DirecTV because its system is easier to break into and there are many more DirecTV boxes available on the open market. Until recently, DirecTV did not require customers to sign a contract when they bought systems. That meant pirates could buy cheap boxes and so-called smart cards that were being subsidized by the company, hack into the system and get free service.

      DirecTV boxes come with a removable card that contains a program to decode the signal coming from the satellite. The card tells the box whether you can get HBO and NFL Sunday Ticket games or just the basics like CNN and MTV. Hackers sell devices that let ordinary folks reprogram their cards. Periodically, DirecTV will send down a signal that changes the codes on the cards. Hackers just figure out the new code, paste it on a Web site and let their customers download it to their cards. DirecTV cards are not hard to come by: People legally resell their used boxes and cards on eBay (nasdaq: EBAY - news - people ) for as little as $35.

      Murdoch`s not saying exactly how he plans to tackle the piracy problem, but his solution will most likely involve NDS (nasdaq: NNDS - news - people ), a British company that makes encrypted cards for Murdoch`s satellite holdings in Europe, and is 80%-owned by News Corp (nyse: NWS - news - people ).

      Until recently, NDS also provided all of DirecTV`s cards. But since last September, the two companies have been involved in a bitter spate of lawsuits. DirecTV accuses NDS of misappropriating trade secrets and fraud. NDS filed counterclaims accusing DirecTV of conspiracy to infringe NDS` patents and collusion to unfairly compete and breach agreements. At the heart of the matter is DirecTV`s desire to bring the management and encryption of its security cards in-house. But NDS alleges DirecTV is conspiring to create a knock-off of its latest smart card; DirecTV does plan to introduce its own card this summer

      "NDS operates on 32 pay-television platforms around the world," says Abraham Peled, NDS` chief executive. "At this point only one is experiencing piracy: DirecTV." Hyperbole, to be sure, but the problem is still worse at DirecTV than at the majority of Murdoch`s other satellite companies around the world.

      Many of the claims and counterclaims have been dismissed but the case is still slowly working its way through the United States District Court for the Central District of California. Most analysts believe Murdoch will force both companies to drop the cases and work together once he takes over DirecTV. That`s what happened in Italy last month when Murdoch bought the Telepiù satellite service from Vivendi Universal (nyse: V - news - people ) for $1 billion and merged it with his own Italian pay-television company, Stream. As part of the merger, Vivendi agreed to drop a lawsuit filed by its Canal Plus division accusing NDS of hacking Canal Plus` security codes and distributing them in Italy. NDS will take over smart-card work for the merged company.

      Murdoch will likely try the same trick to get DirecTV and NDS working together again but it won`t be easy. In addition to all the bad blood generated by the lawsuits, it will likely take Murdoch a year to get the merger approved by the U.S. Federal Communications Commission. That means DirecTV will have 12 months to make cards complicating things for the merged company.

      Is card piracy a big enough problem that Murdoch should have scrapped his plans? Probably not. Murdoch knew he was getting a fixer-upper when he bought DirecTV. But piracy is something that Murdoch may have to learn to live with.

      "The best you can do is try to contain piracy," says Sean Badding of the Carmel Group. "You can`t stop it."
      Avatar
      schrieb am 16.06.03 16:55:15
      Beitrag Nr. 25 ()
      NDS Launches Interactive TV Advertising Solution for Multiple TV Platforms
      Monday June 16, 10:41 am ET
      Highlights:


      LONDON--(BUSINESS WIRE)--June 16, 2003-- -- NDS launches a solution for national interactive advertising
      First NDS enabled ads on air in Israel across all cable and satellite platforms
      NDS delivers a boost to interactive advertising by reducing lead time, complexity and skill requirements for creating and deploying interactive advertising
      NDS Value@TV(TM) Production Suite, allows the interactive advertisement to be produced once and launched on multiple platforms in a simple and cost-effective manner
      NDS, a News Corporation company and a leading provider of technology solutions for digital pay-TV, has launched a solution that makes it easy for an advertiser to deploy an interactive advertisement across all TV platforms. The solution uses NDS`s Value@TV(TM) Production Suite.

      An interactive advertisement crafted with the NDS technology will work across channels and all digital platforms irrespective of the underlying middleware. This solution has been deployed for the first time in Israel on MATAV, Tevel, Golden Channels and YES TV, Israel`s cable and satellite platforms that use OpenTV and NDS Core(TM) middleware, respectively.

      Dr Beth Erez, NDS VP Israel and Latin America region said: "The fact that we are deploying this interactive advertising solution nationally for the first time in Israel is a great testament to the high penetration of digital TV technology in this region - more than 70% of households. The Value@TV Production Suite will boost interactive advertising worldwide as it lowers the lead time, complexity, skill requirements and cost of creating and deploying interactive advertising on a national scale."

      NDS`s Value@TV Production Suite is being used by EMTV, providers of an interactive direct marketing system service based in Israel, to manage a wide range of interactive advertising campaigns. The NDS solution provides EMTV with a simple web-based interface and infrastructure, which allows the advertising creative to produce, preview and publish an interactive advertisement and publish it on all four TV platforms in Israel simultaneously.

      `Call to action` icons will invite viewers to press a button on their remote controls in order to receive information and brochures as well as take part in promotional activities. Future enhancements will include give-aways, a loyalty system, quizzes and games.

      "We believe that interactive advertising will be a win-win proposition for advertisers, broadcasters and, most importantly, for the consumer. However, the complexity of different middleware technologies and the cost of creating advertising have, until now, been major barriers in making this happen. NDS is breaking these barriers with the Value@TV Production Suite. For the first time the production of interactive TV ads for advertisers and channels will be simple, cost-effective, fully automated and allow maximum flexibility and control," said Rahul Chakkara, NDS`s Director of Interactive TV.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements

      This document contains certain `forward-looking statements` with the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management`s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The `forward-looking statements` included in this document are made only as of the date of this document and we do not have any obligation to publicly update any `forward-looking statements` to reflect subsequent events or circumstances.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field
      Director of PR
      T :+44 (0) 208 476 8158
      E: mfield@ndsuk.com
      or
      Shared Value
      Alex Dee
      Partner
      T : +44 (0)207 321 5010
      E : adee@sharedvalue.net



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 16.06.03 16:55:45
      Beitrag Nr. 26 ()
      Bloomberg Launches First Interactive Financial News Channel on Sky - NDS Develops Interactive Application for Bloomberg
      Monday June 16, 10:40 am ET


      LONDON--(BUSINESS WIRE)--June 16, 2003--Bloomberg Television today launched the first interactive financial news channel on Sky. A key feature of the service is the TV share portfolio manager. On Bloomberg interactive, viewers can create a personal portfolio of shares on Sky which can then be displayed as a personal ticker whenever they are watching Bloomberg Television. The service launched on Sky digital is the first interactive TV launch after NDS (NASDAQ/NASDAQ Europe: NNDS), a News Corporation company and leading provider of technology solutions for digital pay-TV, was chosen as Bloomberg`s global supplier of interactive television solutions last year.
      Viewers will be offered five interactive options:

      1. Money Tools: as well as access to the Portfolio Manager, the Money

      Tools section allows viewers to look up any share on key indices

      and search for price information by company name or ticker symbol,

      plus a Currency Calculator enabling investors to easily compare

      information on cross currency rates. The calculator contains 18

      major currencies and can easily be updated.

      2. Markets: offering price information on UK, Europe and World

      markets including the FTSE, Dow Jones Industrial Average, Nikkei,

      and Dax. As well as market indices, viewers can choose to view

      Most Active Stocks, Biggest Risers and Biggest Fallers, over a

      day, a week, a month or a 52 week period.

      3. News: offering a choice of Bloomberg News stories in five

      categories: UK Business, World Business, Technology, Sports and

      Government. These stories will be the top Bloomberg News stories

      of the day, which will regularly update.

      4. Vote: live votes will be incorporated into the Bloomberg

      interactive service giving viewers an immediate way to react to

      the major financial news or topics of the day.

      5. Email: email Bloomberg with any comments or questions on the day`s

      stories or market movements.

      "The launch of interactive content on Bloomberg Television gives investors another way of staying in touch with movements and stories on the world`s markets, The interactive TV applications will significantly enhance the viewers experience with financial information on-demand and further differentiate Bloomberg Television from its competitors. " said Jo Sherlock, Head of Interactive TV Bloomberg. "We expect this will deepen our relationship with our current audience and attract new viewers to Bloomberg Television," she said.

      Throughout all interactive content, the main video screen remains as a constant live broadcast, bringing viewers the latest news and live price information.

      Peter Vestergaard Larsen, Director of Interactive TV, NDS commented:" Our relationship with Bloomberg has resulted in the development of a best of breed interactive TV service. It is fast, intuitive and easy to use for viewers. The service has been designed to seamlessly complement the live channel, and empowers the viewer to access a wide range of financial information at their leisure."

      NDS Value@TV technology powers Bloomberg TV`s 24-hour interactive TV service. NDS has provided a number of broadcasters including MTV, QVC, Discovery Europe, Nickelodeon, Teletext, Music Choice and the UK`s Channel 4 with its Value@TV multi-platform solution, which enables broadcasters to develop compelling interactive applications on multiple middlewares.

      Technical Details

      The Sky application is being developed for OpenTV middleware by NDS Bloomberg iTV services are available on NTL/Telewest. NTL/Telewest services were developed on Liberate middleware 24/7.

      Notes to Editors

      About Bloomberg Television

      Bloomberg Television is a global network of regional channels dedicated to providing viewers with accurate up-to-the-minute market news and in-depth analysis. Broadcast in seven languages via 10 individual channels, Bloomberg Television has more than 1,600 reporters and editors in 87 news bureaus worldwide. The channel is available in more than 200million households throughout Europe, the middle East and Africa, the US, Asia Pacific and Latin America.

      About Bloomberg LP

      Founded in 1981, Bloomberg L.P. is a uniquely innovative organisation that provides information, services and media for financial professionals around the globe.

      The BLOOMBERG PROFESSIONAL® service is the interactive, financial information network that is the core business of Bloomberg L.P. Available 24 hours a day to more than 260,000 professionals in 126 countries, the service seamlessly integrates data, news, analytics, multimedia reports, television and radio, electronic trading and e-mail onto a single platform.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See www.nds.com for more information about NDS.



      --------------------------------------------------------------------------------
      Contact:
      Bloomberg
      Georgie Whittaker, 020 7330 7283,
      GWHITTAKER1@bloomberg.net
      or
      NDS
      Margot Field, 020 8476 8158,
      mfield@ndsuk.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 04.08.03 01:42:10
      Beitrag Nr. 27 ()
      Es gibt einen Barrons Artikel über NNDS!
      http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yh…

      TiVo (TIVO: news, chart, profile) has cachet, but could be reduced to being a niche player in the digital video recorder market, says Barron`s. Subscribers to its recording service are at 703,000 and expected to grow, Barron`s says, and that`s where company is basing its future, as opposed to hardware licensing. One caution in the Barron`s article is that Rupert Murdoch`s expected purchase of DirecTV will put him in control of a key TiVo partner, even though his News Corp. also owns a DVR competitor, NDS (NNDS: news, chart, profile). That could jeopardize the connection to 38 percent of TiVo customers from the DirecTV pool of 10 million subscribers. Another threat could surface if Barron`s is correct about rumors that AOL Time Warner and other entertainment giants are working on ways to archive all their content for video on demand, which could compete with the storage feature of TiVo.
      Avatar
      schrieb am 02.10.03 11:18:41
      Beitrag Nr. 28 ()
      NDS End-to-End Digital Broadcasting Systems Selected by China Cable Network for Zhejiang Province
      Thursday October 2, 5:00 am ET


      HONG KONG & BEIJING--(BUSINESS WIRE)--Oct. 2, 2003--NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) -
      Highlights:

      China Cable Network to deliver digital cable TV programming services to subscribers in four cities of Zhejiang Province - Wenzhou, Shaoxing, Huzhou, and Lishui.
      NDS receives order for 50,000 smart cards for China Cable Network.
      NDS Beijing engineers to conduct integration, testing and installation of the network and to develop an interactive electronic program guide (EPG) for China Cable Network.
      NDS Group plc, a News Corporation company and a leading provider of technology solutions for digital pay-TV, today announced that China Cable Network Co., Ltd. has selected NDS`s end-to-end digital broadcasting technology for the launch of new digital cable TV services to four cities in Zhejiang Province.

      China Cable Network is expected to launch by year-end 2003. There are currently 7.18 million analog cable TV viewers in Zhejiang province.(1) China Cable Network plans to offer new digital and interactive cable TV services, broadcasting from the Wenzhou broadcasting center to subscribers in the four cities and their surrounding areas.

      Mr. Gary Zhou, General Manager of NDS China said, "China Cable Network has selected four cities of Zhejiang province for their launch, which is among the most developed provinces in China. Utilizing NDS technology, they will offer subscribers new digital and interactive cable TV programming services. NDS is honored to assist China Cable Network to further the digital roll out in the Chinese cable TV industry, and to assist them to grow their business."

      The NDS end-to-end solution selected by China Cable Network includes NDS VideoGuard(TM) conditional access, NDS Core(TM) middleware, and StreamServer(TM) digital broadcast management solution. In addition, NDS Beijing will customize an electronic program guide for China Cable Network viewers to receive interactive programming information.

      "Protecting more than US$11 billion in customer revenues around the world, NDS VideoGuard conditional access is proven to be a reliable and secure DVB conditional access system," added Mr. Gary Zhou. In China, NDS VideoGuard is one of the only two foreign conditional access systems recommended by the State Administration of Radio, Film and Television (SARFT).

      About China Cable Network Co. Ltd.

      China Cable Network Co. Ltd. (CCN), established in 1998, is one of the two largest cable TV network operators affiliated to the State Administration of Radio, Film & Television (SARFT). CCN is responsible for the construction, operation and management of the national cable TV broadcasting network. Currently, the company has 1.1 million direct subscribers and 2 million users with access to the company`s network. See www.cncable.com.cn for more information about China Cable Network Co. Ltd.

      About NDS

      NDS Group plc (NASDAQ/NASDAQ Europe:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.china.nds.com/ for more information about NDS.

      1. Source: Statistic Bureau of Zhejiang Province, March 2003 at webpage:

      http://www.zj.stats.gov.cn/content

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Asia Pacific Ltd.
      Diane Powers
      Director Marketing and Corporate Communication
      +852 2201 9151
      dpowers@ndsuk.com
      or
      NDS Technology (Beijing) Co. Ltd.
      May Zhang
      Marketing Manager
      +86 10 8529 8459
      mzhang@ndschina.com
      or
      Newell Public Relations
      Jay Sun
      Senior Account Manager
      +86 10 65810096
      jay@newell.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 09.12.03 01:52:23
      Beitrag Nr. 29 ()
      NDS Launches Chip Security Consulting and Laboratory Services
      Monday December 1, 5:00 am ET
      Highlights:


      LONDON--(BUSINESS WIRE)--Dec. 1, 2003-- -- Chip security evaluation and consulting division, SiVenture,
      launched by NDS.

      SiVenture offers independent expertise to major chip designers and manufacturers
      SiVenture offers extensive and high quality laboratory facilities and services
      NDS, a News Corporation company and a leading provider of technology solutions for digital pay-TV, launches SiVenture. SiVenture offers independent expertise to chip designers and major manufacturers to assess chip security and quality.

      SiVenture`s range of expert skills, built up over many years within a commercial environment, include smart card chip hardware and software security analysis, crypto analysis and smart card system security. The team has a significant knowledge and understanding of the chip technology marketplace and the evaluation of security sensitive applications and hardware devices.

      Currently, SiVenture is engaged in leading edge, high security projects that cover chip technology, platform software, secure hardware devices and operational lifecycle.

      Based in the UK, the SiVenture Laboratories offer a range of security, fault and quality analysis services for all chip types. Equipment includes a comprehensive set of tools for preparing, de-processing, probing and modifying samples. This includes a wide range of microscopy - optical, focused ion beam, scanning electron and atomic force, and comprehensive electronic measurement and signal analysis tool-sets.

      "NDS is just one company that requires secure chip technology to support and maintain a leading position within the marketplace. SiVenture brings to that marketplace a range of skills, experience and resources to support the demands for secure and high quality chip technology," said Graham Higgins, Head of SiVenture.

      About NDS

      NDS Group plc (NASDAQ/Euronext:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.

      About SiVenture

      The team of people at SiVenture have more than 12 years of experience working with smart card chip technology. They formed part of the core team responsible for the development of such applications as Mondex, MULTOS, Javacard implementation and ITSEC level E6 certification. See http://www.siventure.co.uk.

      Cautionary Statement Concerning Forward-Looking Statements

      This document contains certain `forward-looking statements` with the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management`s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The `forward-looking statements` included in this document are made only as of the date of this document and we do not have any obligation to publicly update any `forward-looking statements` to reflect subsequent events or circumstances.



      --------------------------------------------------------------------------------
      Contact:
      NDS Group plc
      Margot Field
      Director of PR
      T: +44 (0) 208 476 8158
      E: mfield@ndsuk.com
      or
      Shared Value
      Alex Dee
      T: +44 (0)207 321 5010
      E: adee@sharedvalue.net
      or
      SiVenture
      Graham Higgins
      T: +44 (0)208 476 8066
      M: +44 (0)788 191 8199
      E: ghiggins@ndsuk.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc
      Avatar
      schrieb am 28.02.04 14:56:01
      Beitrag Nr. 30 ()


      Shanghai Cable Network Selects NDS Technology
      Wednesday February 25, 2:00 am ET


      SHANGHAI, PRC--(BUSINESS WIRE)--Feb. 25, 2004--NDS (Nasdaq:NNDS - News):
      Highlights:

      Shanghai Cable Network, serving 3.5 million subscribers, chooses NDS VideoGuard® conditional access for digital cable TV network expansion.
      NDS conditional access chosen to offer future flexibility and new business models.
      NDS simulcrypt with legacy conditional access developed by NDS Beijing engineers.
      NDS first company to deploy dual algorithm conditional access system for China.
      NDS Group plc, a News Corporation company and a leading provider of technology solutions for digital pay TV, today announced that Shanghai Cable Network Co. Ltd. selected NDS VideoGuard conditional access for the expansion of digital cable TV services in the Shanghai metropolitan area. Shanghai Cable Network will now be able to simulcrypt programming broadcast on their network, a requirement for future business growth.

      Shanghai Cable Network broadcasts to more than 3.5 million households, making it one of the largest single-city cable TV networks in China. Shanghai Cable Network is a leader in digital broadcasting in China, and was one of the first network operators in China to offer digital broadcasting and broadband services on a two-way network.

      "NDS is honored to be chosen by Shanghai Cable Network. It is well established that Shanghai Cable Network is a leading operator in China. NDS will leverage our leading digital technology to support Shanghai Cable Network`s business expansion plans and assist the network to maintain it`s leading position in the digital future of China broadcasting," said Mr. Gary Zhou, General Manager of NDS China.

      Shanghai Cable Network has commenced a trial launch of digital broadcasting services using NDS VideoGuard conditional access and a customized electronic program guide developed by NDS. NDS Beijing engineers developed the simulcrypt, installed the trial system and completed system testing requirements in just a few months.

      Simulcrypt is a protocol that enables two conditional access systems to run in parallel on a single broadcast network. With simulcrypt Shanghai Cable Network will be able to broadcast programming encrypted through two systems within a single broadcast network, thereby creating more opportunity to carry programming from other programmers and broadcasters on the local broadcast platform.

      Shanghai Cable Network gains further strategic advantage from using the NDS dual algorithm conditional access system developed especially for China. The dual algorithm authentication will enable encrypted services from a content provider to be carried on the Shanghai Cable Network, and enable the two operators to cooperate on authorization of subscribers. This is the first time worldwide that NDS systems have utilized a dual algorithm authentication method.

      About Shanghai Cable Network

      Shanghai Cable Network Co. Ltd. (SCN) started operation in 1992, and now serves more than 3.5 million cable homes in the entire city of Shanghai. Shanghai Cable Network is fully responsible for building, developing, operating and maintaining the entire cable network in Shanghai.

      Shanghai Cable Network now owns over 7,000 kilometers of fiber and 2,200 optical nodes covering 100% of the metropolitan region and is one of the largest city-wide cable networks in China. Shanghai Cable Network is a two-way HFC network, providing high-speed broadband services.

      About NDS

      NDS Group plc (NASDAQ/Euronext Brussels:NNDS) is a leading supplier of open end-to-end digital pay TV solutions for the secure delivery of entertainment and information to television set-top boxes and IP devices. See http://www.nds.com/ for more information about NDS.

      Cautionary Statement Concerning Forward-Looking Statements

      The statements contained in this release which are not historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to the plans, projections or future performance of NDS, which involve certain risks and uncertainties, including risk of market acceptance, the effect of economic conditions, possible regulatory changes, technological developments, the impact of competitive pricing and the ability of NDS and its commercial partners to develop systems and solutions which meet the needs of the broadcasting industry in a timely and cost-efficient manner, as well as certain other risks and uncertainties which are detailed in NDS` filings with the SEC. Company or product names have been used for identification purposes only and may be the trademarks or registered trademarks of their respective companies.



      --------------------------------------------------------------------------------
      Contact:
      NDS Asia Pacific Ltd.
      Diane Powers, +852 2201 9151
      dpowers@ndsuk.com
      or
      NDS Technology (Beijing) Co. Ltd.
      May Zhang, +86 10 8529 8459
      mzhang@ndschina.com
      www.nds.com
      or
      Newell Public Relations
      Jay Sun, +86 10 65810096
      jay@newell.com



      --------------------------------------------------------------------------------
      Source: NDS Group plc


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