OpenTV Signs Multi-Year Licensing Deal With Time Warner Cable for Advanced Digital Television Solutions

OpenTV Signs Multi-Year Licensing Deal With Time Warner Cable for Advanced Digital Television Solutions

OpenTV's Core(TM) 2.0 Advanced Digital Platform and Applications to Be Deployed by Time Warner Cable Systems, Marking First U.S. Cable Deployment

SAN FRANCISCO, June 6 /PRNewswire-FirstCall/ -- OpenTV Corp. (NASDAQ:OPTV), a leading provider of enabling technologies for advanced digital television services, today announced a multi-year license agreement with Time Warner Cable to deploy the cable operator's digital navigator on the Open TV platform. The Time Warner Cable digital navigator will enhance existing program guides, facilitate cross platform integrated services and speed to market new product introductions on the Company's Motorola set-top boxes. Additionally, OpenTV's Core 2.0 software and related interactive television services will be available to Time Warner Cable divisions running Motorola equipment for deployment.

This licensing agreement represents the first U.S. cable deployment of OpenTV's advanced digital solutions and applications. Initial launch of OpenTV's solutions is expected in late 2006 on Time Warner Cable's Motorola set-top boxes, ranging from the DCT-2000 to more full-featured Motorola set- top boxes. Financial terms of the deal were not disclosed.

OpenTV will provide its Core 2.0 set-top software, interactive applications, and infrastructure systems for application delivery, set-top messaging, and advanced two-way communications. As part of the deal, OpenTV has agreed to make available a variety of interactive applications for Time Warner Cable's use, and expects to write additional applications for the OpenTV platform, OCAP, and other platforms that Time Warner Cable introduces within its Divisions.

"This deal marks a historic milestone for OpenTV and the culmination of many years of work," said James A. (Jim) Chiddix, CEO of OpenTV. "Gaining a strong foothold in the U.S. cable market has long been a goal of OpenTV, and with an anchor customer like Time Warner Cable we now have a firm foundation from which to continue extending and enhancing our solutions and services as digital television moves ahead in the market. We look forward to fostering this new relationship with Time Warner Cable and furthering its commitment in delivering choice, quality, and value to its subscribers with the most advanced digital television services."

OpenTV is a global leader in providing advanced digital solutions, with its software integrated into more than 67 million set-top boxes on over 40 digital television networks around the world. With the latest round of consolidation, U.S. cable operators are now faced with a broad mix of different set-top boxes, sometimes within the same market. OpenTV Core 2.0 and related solutions enable operators to cost-effectively manage and extend the life of their entire portfolio of set-top boxes, while allowing for new applications and services to be rolled out consistently and quickly to all subscribers.

Time Warner Cable expects to use OpenTV's proven technology platform to deliver various advanced digital television services, including its state-of- the-art digital navigator and a suite of interactive applications including interactive programming guides, VOD, mosaics, customer service applications, games, voting, caller ID on TV, and local content such as news, weather, and sports. OpenTV also expects to provide Time Warner Cable with applications that run consistently across multiple software platforms, including the OpenTV platform, OCAP, or other standards-based platforms.

"We look forward to leveraging OpenTV's technology and track record to help us provide advanced video applications that our customers find compelling," said Mike LaJoie, Time Warner Cable Executive Vice President and Chief Technology Officer. "Time Warner Cable already delivers innovative services that are not available through any other video provider today, and partnering with OpenTV will help us maintain that leadership position."

Cautionary Language Regarding Forward-Looking Information

The foregoing information contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in political, economic, business, competitive, market and regulatory factors. In particular, factors that could cause our actual results to differ include risks related to: market acceptance of interactive television services and applications such as ours; delays in the development or introduction of new applications and versions of our service; technical difficulties with networks or operating systems; our ability to manage our resources effectively; changes in technologies that affect the television industry; and the protection of our proprietary information. These and other risks are more fully described in our periodic reports and registration statements filed with the Securities and Exchange Commission and can be obtained online at the Commission's web site at http://www.sec.gov/. Readers should consider the information contained in this release together with other publicly available information about our company for a more informed overview of our company. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About OpenTV

OpenTV is one of the world's leading providers of technologies and services enabling the delivery of digital and interactive television. The company's software has been integrated in over 67 million digital set-top- boxes in 96 countries. The software enables enhanced television, interactive shopping, interactive and addressable advertising, games and gaming, personal video recording, and a variety of consumer care and communication applications. For more information, please visit www.opentv.com.

Source: OpenTV Corp.

CONTACT: Barbara Cassidy of OpenTV, +1-415-962-5000, or
bcassidy@opentv.com; or media, Michele Clarke, clarke@braincomm.com, or Ray
Yeung, yeung@braincomm.com, or investors, Brian Schaffer,
schaffer@braincomm.com, or Brad Edwards, edwards@braincomm.com, all of
Brainerd Communicators, +1-212-986-6667, for OpenTV Corp.

Web site: http://www.opentv.com/

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