OpenTV Reports First Quarter 2009 Results

SAN FRANCISCO — OpenTV Corp. (NASDAQ: OPTV), a leading software and technology provider of advanced digital television solutions, today announced financial results for its first quarter ended March 31, 2009.

For the quarter ended March 31, 2009, revenues were $29.4 million, compared to $33.8 million for the first quarter of 2008. Royalties and licenses revenues decreased 2.7% to $21.6 million. Services and other revenues decreased 32.8% to $7.8 million.

Summary of Recent Announcements

The following is a summary of key press releases issued by the Company during the first quarter of 2009:

• OpenTV announced that it opened an office in Mumbai, India to support its existing customers and growing pay-TV market opportunities in the region.
• OpenTV and ARRIS, a global video, data, voice and next-generation advertising technology supplier presented a joint demonstration of their next generation linear television ad platform at the NCTA Cable Show. The collaboration revolutionizes traditional ad insertion technologies by making TV advertising more relevant, accountable and dynamic based on the newly adopted SCTE-130 standard, which provides a common framework for the development of advanced advertising services.
• OpenTV also demonstrated advanced advertising management capabilities at the Cable Show with This Technology LLC, a provider of dynamic metadata and advanced advertising supply management software for digital television. Both companies highlighted their ability to deliver a unique, industry-leading offering that empowers cable operators and their network partners to easily manage the dynamic advertising space available for sale. This solution is also based on the SCTE-130 standard.

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