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Samsung Digeo Announce Deal to Launch Samsung Home Media Center With Moxi(TM)
1. Samsung and Digeo Announce Deal to Launch Samsung
Home Media Center With Moxi(TM)
Charter Communications and Adelphia Expect First Delivery in Fall 2005
Apr 04, 2005, 01:00 ET from Digeo, Inc. (http://www.prnewswire.com/news/digeo%2C+inc.)
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KIRKLAND, Wash., April 4 /PRNewswire/ -- Samsung Electronics Co. Ltd., one
of the world's leading consumer electronics companies, and Digeo, Inc., a
leading provider of media center software and services, today announced their
intention to enter into a deal to produce the next-generation Moxi(TM) II
Media Center product family. Both Charter Communications (Nasdaq: CHTR) and
Adelphia have agreed in principle to purchase the Samsung Home Media Center
products, which leverage Digeo's cost-reducing X-Stream silicon architecture,
and Moxi(TM) II Media Center software and applications, in addition to
Samsung's broad technology portfolio, manufacturing, and marketing expertise.
"The Samsung Home Media Center will be a benchmark home entertainment
product," said Robert May, Interim President and CEO of Charter
Communications, Inc. "The next-generation Moxi product family will deliver
the ease of use, advanced features, and flexibility our customers desire, with
the added value of the trusted Samsung Electronics brand."
In response to the announcement, Adelphia President and COO Ron Cooper
stated, "Our current Moxi Media Center deployment has been enthusiastically
embraced by subscribers and Adelphia is very excited for the initial delivery
of Samsung Home Media Center products this fall."
The new family of Samsung Home Media Center products will offer one of the
most advanced, cost-effective single-TV and whole home solutions on the
market. The Samsung Home Media Center will not only provide the same wide
range of services and applications available in current Moxi
offerings -- including HDTV, digital video recording, On Demand, telephony,
home networking, Moxi Jukebox, Moxi Games, and Moxi Photos -- but will be the
first media center to leverage the technologically advanced and cost-reducing
Digeo X-Stream chip set. The new silicon combines the functions of more than
two-dozen existing media center components into a revolutionary architecture
that reduces the cost of a media center by up to 40 percent. Digeo X-Stream
allows for a thinner, sleeker media center design and also extends the
next-generation media center beyond two rooms to reach across the whole-home
environment.
"We are pleased to be bringing powerful media center technologies to
market with Digeo," said Gee Sung Choi, president of Digital Media Division
for Samsung Electronics. "Our Home Media Center solution launching this fall
2. will be our marquee cable product, setting new standards for operators by
delivering unprecedented, highly valued media center services and applications
throughout the home."
JungSoo Shin, president and general manager of the Consumer Electronics
Division of Samsung Electronics America, Inc. added, "Samsung remains
committed to driving growth of our CE business in the United States by
striking alliances with partners such as Digeo, Charter, and Adelphia."
"Working with Samsung ensures that our partners will benefit from their
world class manufacturing design and marketing," said Digeo, Inc. Chief
Executive Officer Jim Billmaier. "Digeo is proud to collaborate with the
leading consumer electronics company to bring the Samsung Home Media Center to
market."
About Charter Communications
Charter Communications, Inc., a broadband communications company, provides
a full range of advanced broadband services to the home, including cable
television on an advanced digital video-programming platform via Charter
Digital(TM) and Charter High-Speed(TM) Internet service. Charter also provides
business-to-business video, data and Internet protocol (IP) solutions through
Charter Business(TM). Advertising sales and production services are sold under
the Charter Media(R) brand. More information about Charter can be found at
www.charter.com.
About Adelphia
Adelphia Communications Corporation is the fifth-largest cable television
company in the country. It serves customers in 31 states and Puerto Rico, and
offers analog and digital video services, high-speed Internet access and other
advanced services over Adelphia's broadband networks.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co. Ltd. is a global leader in semiconductor,
telecommunication, digital media and digital convergence technologies, with
2004 parent company sales of US$55.2 billion and net income of
US$10.3 billion. Employing approximately 123,000 people in 93 offices in
48 countries, the company consists of five main business units: Digital
Appliance Business, Digital Media Business, LCD Business, Semiconductor
Business and Telecommunication Network Business. Recognized as one of the
fastest growing global brands, Samsung Electronics is a leading producer of
digital TVs, memory chips, mobile phones, and TFT-LCDs. For more information,
visit www.samsung.com.
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc.
(SEA), a wholly owned subsidiary of Samsung Electronics Co. Ltd., markets a
broad range of award-winning, advanced digital consumer electronics,
information systems and home appliance products. The SEA organization oversees
the North American operations of Samsung, including Samsung Telecommunications
America, Samsung Electronics Canada and Samsung Electronics Mexico. Please
visit www.samsung.com for more information.
About Digeo, Inc.
Delivering a competitive advantage with Emmy(R) award-winning Moxi(TM)
Media Center software and services, and the most powerful digital
entertainment experience for cable subscribers, Digeo, Inc. enables cable
3. providers to become the focal point of the whole-home digital entertainment
space. Leading edge software technologies, custom silicon innovation, and
full OCAP support allow Digeo to continuously provide lucrative,
cost-effective and content-rich media solutions to cable customers nationwide.
Moxi Media Center products empower subscribers with the full range of
digital entertainment capabilities including: digital video recording (DVR);
high-definition (HD) programming; digital media management of photography and
music with Moxi Photos and Moxi Jukebox; content sharing with the PC; live,
interactive news feeds with Moxi Ticker; Moxi Games; as well as integrated
telephony and multi-room capabilities.
Digeo has established Moxi deployment partnerships with Adelphia,
BendBroadband, Charter Communications, Comcast, NewWave Communications, and
Sunflower Broadband. Digeo is primarily backed by Paul Allen's Vulcan, Inc.
The company was founded in 1999 and has offices in Kirkland, Wash., Palo Alto,
Calif. and Longmont, Colo. For more information, please visit www.digeo.com.
NOTE: Digeo(TM) and Moxi(TM) are the trademarks of Digeo, Inc.
Use of the trademarks and service marks of the National Television Academy
("NTA"), including the mark EMMY(R), requires the prior express written
permission of National Television Academy.
All other marks are the property of their respective owners.
Contact: press and analysts only, Rebecca Holmes of Digeo, Inc.,
+1-435-896-6065, or cell, +1-206-852-0652, or rebecca.holmes@digeo.com; or
Sheila Bryson of Sparkpr, +1-415-369-1866, or cell, +1-925-768-6127, or
sheila@sparkpr.com, for Digeo; or Tara O'Donnell of Samsung Electronics North
America, +1-201-229-4090, or t.odonnell@samsung.com.
SOURCE Digeo, Inc.
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