DIZIPIA adopts NEOTION Core Module MPEG-4 Technology to empower its new range of MPEG-2 & MPEG-4 digital receivers

Monday, September 10th, 2007
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DIZIPIA – a major Korean Company supplying a wide range of Digital TV receivers – and NEOTION SA – a French leading Technology provider of MPEG-4 and Home Networking turnkey solutions, have entered into a strategic Technology cooperation Agreement based on the implementation of the NEOTION MPEG-4 Core Module Technology.

DIZIPIA is actively and successfully addressing the Digital Set-Top boxes Market for which they have in-house R&D for developing a whole range of digital receivers for both Distribution Markets and Operator Vertical deployments, thus efficiently combining conditional access, HDTV, and IPTV tailored technologies.

DIZIPIA aims at providing the market with the ultimate best total solution related with Audio/Video. With more than 70% of its staff that are conducting research and development,
the company has been sustainably allocating significant investments into R&D in order provide its clients with the best of breed cutting-edge technology.

Striking a deal with NEOTION, DIZIPIA duly accesses NEOTION’s all-in-one “Core Module” disruptive add-on cards to enable MPEG-4 and Hybrid IP connectivity on a large range of digital receivers. Doing so, DIZIPIA shall ideally fuel the emerging MPEG-4 markets with state-of-the-art set-top boxes in a very competitive built-to-order scheme.

The Core module approach developed by Neotion enables a great flexibility to then tackle the ongoing Analogue Switch Off massive process that pushes for the emergence of new digital platforms. This typically occurs in France where Pay TV combines MPEG-4 and Conditional Access, thus creating a new captive potential Market for DIZIPIA’s compelling technology.

DIZIPIA and NEOTION plan to unleash the user experience in the IP context by further cooperating to come up with user friendly home network hybrid boxes allowing anybody to
enjoy, on a unique living-room box, videos, music and pictures stored on their home PC, and soon beyond, even the booming Web 2.0 millions of videos that shall be available at one’s fingertips on the Internet.

“DIZIPIA’s philosophy and track records is perfectly fitting with NEOTION’s focus on innovation, creativity, reactiveness and people oriented advanced technologies” said Laurent JABIOL, CEO and co-Founder of NEOTION. He further added: “We are really exited about this long lasting and promising partnership”.

“DIZIPIA, is one the leading companies among digital set-top box manufacturer. We, develop, manufacture and distribute nearly 2 million STBs annually” said Kun Soo Lee, CEO of DIZIPIA. He then added: “DIZIPIA has selected NEOTION for its outstanding proven technology in the uprising MPEG4 market in Europe. We do expect 250,000 set-top boxes in sales increase because of embedding seamless MPEG4 path towards MPEG2 core modules in various legacy MPEG2 products. Through this strategic alliance among the two companies, we strongly
believe we could be the front-runner in MPEG4 products and markets.”