Is this the recovery we expected? looking much better thats for sure.

20 May 2003Pace Targets German Digital TV Retail MarketsMediacast 2003May 20-22Excel, LondonStand Number H20 20 May 2003Pace Targets German Digital TV Retail Markets - New Distributor Appointment - Pace Micro Technology is set to break into Germanys digital TV markets starting with a retail launch of leading-edge digital terrestrial (DTT) set-top boxes. As part of this move, Pace has appointed Germanys leading distributor GLOBO Electronic GmbH & Co. KG. Germanys recent DTT launch has created an important new retail market for DTT set-top boxes. To capitalise on these opportunities GLOBO Electronic will distribute Paces market-leading Digital TV Adapter (DTVA) and CDTV410 terrestrial boxes to its network of over 2,500 independent and multiple distributors, wholesalers and retailers. Germanys DTT service offers a line-up of over 20 free TV channels. Just six months after launching, Berlin has an estimated 140,000 DTT households and industry analysts forecast over one million DTT households in Germany by 2005.*German retailers are eagerly awaiting Paces digital products, said Mr. Sven Melzer, Managing Director Globo Electronic. Pace already has a respected retail brand following its successful analogue box sales in Germany. Now, as a proven digital TV leader we anticipate strong demand for Paces CDTV410 and DTVA boxes.Pace is perfectly placed to capitalise on Germanys digital TV markets, said Heinrich E. Haase, Area Manager Central Europe. We have already deployed entry-level and advanced free-to-air set-top boxes across Europe including the UK, Spain, Italy, France, Eastern Europe and Scandinavia. Pace will use this experience and digital TV expertise to push the boundaries of Germanys Digital TV market potential. * Informa Media, Global Digital TV Report 2002Pace will also look to exploit Germanys cable and satellite PayTV markets, added Paces Heinrich E. Haase. Our entry into Germany is perfectly timed as PayTV operators are currently planning new digital TV developments. Now Pace is well placed to exploit these lucrative new opportunities whilst German PayTV operators can benefit from Paces global digital TV experience and leadership. Paces DTVA and CDTV410 deliver free-to-air or encrypted digital television services across digital satellite, cable or terrestrial platforms. The boxes, which are compact in size and economical to manufacture feature Paces easy-to-use Electronic Programme Guides (EPG). Paces CDTV410 also contains two SCART sockets and audio outputs. - ends -

NEWS RELEASE.

20 May 2003Pace to supply set top Digital TV boxes to Viasat Broadcasting20 May 2003 Pace to supply set top Digital TV boxes to Viasat BroadcastingPace Micro Technology plc today announced a new digital TV set-top box contract with Viasat Broadcasting, the largest commercial TV operator in Northern Europe. Viasat Broadcasting is the pay and free-to-air TV satellite broadcasting division of leading international media group Modern Times Group MTG AB. Viasat will utilise Paces latest satellite digital set-top box platform with PSTN modem to continue its successful roll-out of digital pay-TV in Sweden, Norway, Denmark and Finland. Viewers can access a wide range of digital programming on the Viasat DTH satellite platform, including leading local and international entertainment channels, premium film and sports channels, digital radio and pay-per-view events.Hans-Holger Albrecht, President and CEO of MTG, commented: The Pace engineering team has developed a high-performance set-top box with enhanced functionality, that is easy to use and install. The design is modern and distinctive in order to achieve maximum impact with consumers.John Dyson, Paces chief executive commented: We are delighted that Viasat has selected Pace as its partner to continue to grow Viasats digital subscriber base. Viasat is leading the development of the digital multi-channel TV environment in Scandinavia, and the latest developments in Pace set-top box technology will further strengthen their competitive offering.Paces Viasat set-top box is enclosed in a curved slimline casing with wrapover lid and two-tone colour scheme. The product is based on Paces common hardware platform onto which individual front-ends and operator specific software and applications can be added. The approach is highly cost-effective and can accelerate operator time to market, whilst at the same time taking advantage of the latest concepts in set-top box technology.-ends-

Cant complain can wee :0)

RNS Number:5486L
Pace Micro Technology PLC
27 May 2003

It just got better :0)

27 May 2003



Pace signs an Italian digital satellite customer



Pace Micro Technology plc has today announced a set top box contract with Sky
Italia, the Italian satellite broadcaster owned by News Corporation and Telecom
Italia. Deliveries are expected to commence in Summer 2003 to support the new
Sky Italia service launch.

Interesting that there has only been a small drop today after all the rises but the spread is a killer. Have put it on my watch list if it breaks 70p

Not easy to use a stop loss with this one..in fact could be very costly with the swings!
I do believe that 70p is not far off and expect pic to reach the mark fairly quickly. Time will tell of course, but the excellent news flow coming from them does indicate a huge turnaround. This post below (pinched from A.D.F.N) with thanks to Robin.

Sales soar of hi-tech video
by David Behrens

Electronics giant Pace Microtechnology is celebrating soaring sales of its pioneering new-age video recorder.

The Saltaire-based company's Twin Digital product went on sale only six weeks ago but has already proved a smash hit on the high street.

The 350 machine does not use video tapes or disks but instead records programmes on to a build-in hard drive.

It combines recording functions with two Freeview receivers which pick up 30 subscription-free digital channels without a satellite dish. The double receiver means viewers can watch one digital channel while recording another.

Pace is reeling from the success of the box, which was developed by an in-house team at Saltaire.

A spokesman said: "We are trying to keep up with demand for the Twin Digital."

Sales of the product received a further boost with a promotion by high street giant Argos which saw the price slashed to 280.

Pace has not yet released sales figures, but bosses hope the success of the Twin Digital will impact on the company's annual results, due out in July. The firm has seen its turnover fall by more than 60 per cent since 2001 and in January reported a pre-tax loss of 15.9 million. Five profit warnings have been issued in the last two years.

But the launch of Freeview, the successor to the failed ITV Digital, has rejuvenated the market for digital set-top boxes. Basic models are now as low as 70 in some shops.

Pace's spokesman said: "The market is extremely buoyant at the moment. Britain has the world's biggest take-up for digital TV."

Meanwhile, engineers this week downloaded the first software updates to Twin Digital boxes already in circulation.

The new functionality means owners can receive digital Teletext and interactive services from the BBC.

Twin Digital units are able to receive new software transmitted invisibly alongside normal digital TV pictures.

Posted Wednesday 04 June 2003
Tris