Conax CA technology to protect the third largest MSO in Korea

CMB DMC has installations in 5 cities, with a potential subscriber base of 2million. For the purpose of obtaining an effective digitalisation, CMB DMC will have one super H/E system and 4 sub H/E systems, which will supply all end-users of 12 cable operators with digital services. CMB DMC will launch their pay TV and call-based event PPV services using the Conax CAS7 CableCARDTM around September, with trial service from October and commercial service from January next year. They plan to expand the services to Real Video-on-Demand and advanced bi-directional data broadcasting from March next year.

"The contract with CMB DMC is a real breakthrough for Conax in the Korean market. The recent certification of Conax CAS7 CableCARDTM for the Korean market and the successful implementation of Conax CAS for KCTV Jeju Broadcasting's OpenCableTM roll-out have laid the foundation to fulfil the customers' needs. We will ensure a successful implementation of CMB DMC*s services along with Comtech", says Raza Ansari, Conax VP Asia.

"Thanks to Conax's solution, channel tuning time on KCTV Jeju cable's service is the shortest in Korea in terms of digital service. This is being valued by the operators", says Mr. Young Kyu Kim, Vice President, Comtech Korea Corp. "Even though Conax is a foreign company, they have provided the best on site support in competing for the contract with CMB DMC. Their responsiveness and agility towards the customer's requirements and the fact that there are no hidden costs involved, were vital for CMB DMC when deciding for CA system for their digital operation", he adds.

About CMB DMC
CMB DMC, which was founded in 1994, is a consortium with 12 cable operators having 2 million end-users in Korea. As the third largest MSO, it is leading the way to create a new business model, focusing on end-users' satisfaction, offering better quality of content and value-added services such as VOD and Data Broadcasting services. Based upon technology from vendors like Conax, SkyStream, SCM, Samsung and IM Neptia, they will also offer their digital services and expertise to other regions in Korea. Chairman of the company is Mr. I.S. Lee.

About Comtech Korea Corp.
Comtech Korea Corp., which was founded in 1991, is focusing on offering system integration of digital broadcasting solutions and convergence for the CATV, satellite, terrestrial, IP and mobile markets in Korea. In addition to providing their own solution for Digital Audio Broadcasting (DABS),NVOD and Interactive Monitoring Solution (IMS), they have partnership agreements with solution vendors supplying billing/SMS, STBs, middleware, digital H/E system and conditional access. CEO & President of the company is Mr. H.Y. Roh. Shareholders' equity is USD 2.43 Millions, with revenue of USD15.6 Millions in 2003.

www.comtech.co.kr

For further information, please contact:

Mr. Raza Ansari VP Asia, Conax AS, + 65 9784 5663 Email: raza.ansari@conax.com
Mr. Young Kyu Kim, Vice President, Comtech Korea Corp., +82 2 3489 6800, Email: ykkim@comtech.co.kr

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Notes to Editors: OpenCableTM and CableCARDTM are trademarks and CableLabs is a registered trademark of Cable Television Laboratories, Inc. (CableLabs®). All other trade names are either trademarks or registered trademarks of their respective holders.