BEIJING, September 30, 2013 /PRNewswire/ -- China Digital TV Holding Co., Ltd (NYSE: STV) ("China Digital TV" or the "Company"), a leading provider of CA systems to China's expanding digital television market, today announced that it has reached an agreement with Heilongjiang Broadcast Television Network Co. Ltd. to deploy its Super VOD (video-on-demand) system in China's Heilongjiang Province.
The system will be operated in the city of Harbin before being extended to the whole of Heilongjiang Province. To date, there were a total of 5 million cable users in Heilongjiang Province, of which 1 million were in Harbin.
China Digital TV's Super VOD platform enables cable operators to offer interactive TV coverage without the need for heavy investment in two-way network reconstruction or replacement of set-top boxes, significantly increasing their competitive edge. Up to the present, China Digital TV's Super VOD system has also been deployed in Zhangzhou, Fujian Province, Guizhou province etc.
"As a leader in China's broadcasting and television industry, China Digital TV is focused on innovating around our value-added services to address the challenge of China's three-network convergence," said Dong Li, President of China Digital TV. "By building out intelligent, multi-functional and multimedia features, this cooperation will make an important contribution to the transition of cable TV to interactive TV for users in Heilongjiang, and will significantly improve the quality of our services in the province."
About China Digital TV Holding Co., Ltd:
Founded in 2004, China Digital TV is China's leading provider of conditional access (CA) systems, which prevent unauthorized access to subscriber content across the country's digital cable, satellite, terrestrial, IPTV and mobile television networks. China Digital TV has provided CA systems to more than 300 digital television network operators across mainland China. The Company is also a leading provider of value-added services to China's rapidly expanding digital TV market.
For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.
For investor and media inquiries, please contact:
In China:
Nan Hao
Investor Relations Manager
Tel: +86-10-6297-1199 x 9780
Email: ir@chinadtv.cn
Josh Gartner
Brunswick Group
Tel: +86-10-5960-8610
Email: chinadigital@brunswickgroup.com
In the US:
Cindy Zheng
Brunswick Group LLP
Tel: +1-212-333-3810
Email: chinadigital@brunswickgroup.com
