ANT is a specialist provider of software solutions for interactive digital TV
and consumer electronics entertainment devices. Its solutions encompass both its
own products and a growing range of third party software which ANT is able to
sub-license in conjunction with its own solutions. These are being licensed for
a broader range of applications including, but not exclusively, IP videophones,
PDAs, PVRs and network testers.

Most significant commercial IPTV deployments in the world today utilise ANT's
technology, in many cases to the exclusion of any other TV browser. Current
significant deployments include roll-outs by France Telecom, SaskTel (Canada)
and Chunghwa Telecom (Taiwan). ANT's TV browser typically resides within a set
top box ('STB') and controls the presentation of all TV programme and
interactive services accurately and reliably, as well as collecting and
interpreting customer commands.

Imminent upgrades coming :)

Why did the chairman resign???


ANT FY pretax loss narrows to 1.08 mln stg; chairman Tony Chaplin resigns
AFX

LONDON (AFX) - Internet TV software company ANT PLC narrowed its full-year pretax loss and said that, due to the scale of its overall market opportunity, a substantial acceleration of R&D spending for 2007 is justified, which will delay it from becoming profitable.

ANT reported a pretax loss of 1.08 mln stg for the year to Dec 31, 2006 from 1.81 mln in the same period last year. Turnover rose to 3.70 mln stg from 2.51 mln a year ago.

ANT said it expects its 2007 revenue growth to be 'broadly' in line with the company's previous expectations.

'Expectations for 2007 revenue growth are positive, with the group's major customers predicting continued growth in shipment volumes as network rollouts increase,' chief executive SA Woodward said.

In a separate release, the company said it has appointed Royston Hoggarth as its new non-executive chairman, succeeding Tony Caplin, who has resigned from the board, effective March 5.

newsdesk@afxnews.com