Wave Systems Corp. (fka WAVXQ)

[vickers2]

Kudelski and Disney establish set top box JV

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh01258_2005-08-31_05-42-19_l31...

Wed Aug 31, 2005 01:42 AM ET
ZURICH, Aug 31 (Reuters) - Switzerland's Kudelski (KUD.VX: Quote, Profile, Research) and Walt Disney (DIS.N: Quote, Profile, Research) have set up a joint venture to develop and market a video-on-demand system for digital television operators worldwide, the firms said on Wednesday.

The security software group and Walt Disney subsidiary Walt Disney Television International said the set top box system would offer a selection of movie and other television content delivered to its hard drive, as well as the capacity for subscribers to record personal content from existing channels.

The system is designed to run on satellite, cable, terrestrial and IP digital video recorder hardware platforms, the companies said.

The system will not be available in the United States, Canada and Japan.