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Operating
income for the second quarter was up 32
per cent to $49.5 million. For the six-month
period, it was up 31 per cent to $107.8
million
NDS chairman and CEO Dr Abe Peled said,
"NDS is benefiting from the long-term
investments we have made in R&D, which
have resulted in our clear leadership in
security, middleware and DVR technologies
for pay-TV. This has allowed us to continue
and expand our long-standing relationships
with our established customers and also
to win new ones.
"We
are particularly proud of having passed
the 10 million DVR milestone with our XTV
technology, in which we started investing
in 1998. We are also gratified by the performance
of our Orbis subsidiary, where our OpenBet
platform that offers single account gaming
across multiple applications has been
well received and has been adopted by key
new customers over the last year.
"Furthermore,
our acquisition of NT Media and our subsequent
investments have allowed us to offer a number
of innovative original games that have been
very successful, and helped establish the
OpenBet platform. NDS continues to invest
to insure that our customers will have the
solutions they will need to take advantage
of the new opportunities presented by augmenting
broadcast delivery with the increasingly
ubiquitous broadband IP delivery of entertainment."
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