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RNS Number:8348K Pace Micro Technology PLC 08 May 2003 8 May 2003 Pace wins new business with Australian operator FOXTEL Pace Micro Technology plc has today announced a new digital set-top box agreement to supply FOXTEL, Australia's leading subscription television provider. FOXTEL will utilise Pace's latest digital set-top box platform to launch its new digital cable service and extend its existing digital satellite operation. Chief Executive Officer of FOXTEL, Kim Williams said: "Pace's ability to develop set-top boxes for both platforms and long-standing reputation for engineering excellence will be a crucial element of the launch and rollout of our digital platform." John Dyson, Pace's Chief Executive said: "Pace is very pleased to supply FOXTEL with a platform that enables the best possible range of viewer services at the best possible price. Pace is continuously improving the functionality of its set-top boxes and has created an innovative platform on which FOXTEL can launch its digital services with confidence." -ends- Contacts Helen Kettleborough Ginny Pulbrook Pace Micro Technology plc Citigate Dewe Rogerson +44 1274 538005 +44 20 7282 2945 +44 7887 634083 About Pace Micro Technology Pace Micro Technology plc (LSE: PIC) is a leader in digital television technology. The Company's primary focus is the development of innovative home gateway (set-top box) solutions for operators, broadcasters, telecommunications companies and retail markets worldwide. In addition, Pace develops edge of network devices for service providers, in particular digital IP gateways for low-cost integrated voice and data services. Pace's head office is in Shipley West Yorkshire, with further offices in Bracknell, Cambridge, the USA, France and Hong Kong. For further information, please visit Pace's web site at http://www.pace.co.uk. About FOXTEL FOXTEL is Australia's leading subscription television provider and is connected to more than one million homes on cable and satellite through retail and wholesale distribution. FOXTEL is owned by Telstra Corporation Ltd (50%), The News Corporation Ltd (25%), and Publishing and Broadcasting Ltd (25%). FOXTEL plsns to launch its digital service in early 2004. For further information about FOXTEL, call 131 999 or visit www.foxtel.tv. This information is provided by RNS The company news service from the London Stock Exchange END AGRIIFVDERITIIV
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