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Friday, May 13, 2011

Pace is Number One in Set-Top Box Market in 2010

Pace is Number One in Set-Top Box Market in 2010

SALTAIRE, England, May 13, 2011/PRNewswire-FirstCall/ --

- IHS Screen Digest Names Pace as World's Biggest Supplier of Set-Top
Boxes in 2010


Pace plc is pleased to announce that research company, IHS Screen Digest,
has confirmed Pace as global leader in the set-top box market. Findings
released by industry analysts IHS Screen Digest yesterday, reveal that Pace
shipped more set-top boxes (STBs) in 2010 than any other set-top box
developer.

IHS Screen Digest figures show that a major increase in its set-top box
sales propelled Pace to number one in the global market in 2010, surpassing
previous leader Motorola.

Pace has delivered incredible development over the past three years,
securing a leadership position by creating and delivering set-top box
technology - particularly HD, PVR and hybrid devices - for over 160 of the
world's payTV operators. No other set-top box developer has such a broad
product and broadcast platform expertise.

Pace's ability to secure its position at the forefront of the set-top box
market was propelled by particularly strong performances in both North and
South America. Tom Morrod, head of TV technology, IHS Screen Digest,
commented: "Pace has been voraciously taking market share from U.S.
incumbents with high-volume deals such as selling boxes to Comcast. The
company also fostered new big-volume customers like Net Servicios in Brazil."

Neil Gaydon, chief executive officer, Pace added: "The Screen Digest
report reinforces an important milestone for Pace and to move to this
position from third in the market is evidence of our terrific momentum in the
last three years. We have led this generation of television technology and
with our recent acquisitions we will lead the next generation of converged
home systems through outstanding, innovative products and services."

2010 was a record year for Pace. The company further increased its
revenues and profitability, expanded its global customer base, moved into new
markets, developed new technologies and, through acquisitions, significantly
expanded its product offerings to include advanced gateways, software and
services.

Gaydon continued: "Consumer demand for new services and increasingly
greater access to video content is evolving rapidly. Pace is uniquely
positioned to capitalise on this opportunity and bring new and pioneering
products to market to meet this demand."

About Pace plc

Pace plc (LSE:PIC) is a leading technology developer for the global payTV
industry, working across satellite, cable, IPTV and terrestrial platforms.
Pace has one of the world's most experienced specialist engineering teams,
developing intelligent and innovative products and services for both payTV
operators and retail markets across the world.

Pace employs over 2000 people in locations that include the UK, the USA,
France, India and China. Pace's international headquarters are in Saltaire,
West Yorkshire, UK. For more information on Pace, please visit
http://www.pace.com



For further information, contact:

Paul Crouch
Chameleon PR
Paul.crouch@chameleonpr.com
+44(0)207-680-5500

Source: Pace plc

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