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Powershares Dynamic Insurance Portfolio | AMEX:PIC | AMEX | Fund |
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RNS Number:5486L Pace Micro Technology PLC 27 May 2003 27 May 2003 Pace signs an Italian digital satellite customer Pace Micro Technology plc has today announced a set top box contract with Sky Italia, the Italian satellite broadcaster owned by News Corporation and Telecom Italia. Deliveries are expected to commence in Summer 2003 to support the new Sky Italia service launch. -ends- 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 Sky Italia SKY is the new Italian satellite platform owned 80.1% by News Corp and 19.9% by Telecom Italia created on April 30, 2003 following the merger between Telepiu and Stream. The launch of the new service will begin in Summer with an offering never available before in Italy of more than 100 television, audio, interactive and pay-per-view channels ranging from sports to cinema, news, entertainment, documentaries, children, music and much more. Contacts Pace Micro Technology plc Sky Italia Helen Kettleborough Tullio Camiglieri +44 1274 538005 +39 06 8866. 3542 +44 7887 634083 Ginny Pulbrook Citigate Dewe Rogerson +44 20 7282 2945 This information is provided by RNS The company news service from the London Stock Exchange END CNTBGGDULUDGGXR
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