TeleCruz And Daewoo To Bring Interactive Television To Viewers Across The Globe

27-Mar-01

TeleCruz Technology Inc., the leading innovator of interactive television platforms, and Daewoo announced plans to integrate TeleCruz' interactive television technology inside Daewoo televisions. Daewoo exhibited a TV featuring the TeleCruz platform at the 2001 Consumer Electronics Show. ""Telecruz's partnership with Daewoo aims to bring the enhanced television experience to viewers across the globe,"" said Kris Narayan, Chairman of TeleCruz. ""Leveraging Daewoo's manufacturing capabilities, TeleCruz is poised to drive growth of the interactive television industry and raise awareness of the benefits the merger of broadcast content and Internet content can provide."" Daewoo televisions with embedded TeleCruz' platforms will provide viewers with access to television broadcast content, e-mail, Internet browsing and shopping on a single screen, without requiring the use of a set-top box. ""Daewoo is placing emphasis on creating highly profitable Internet-related business ventures,"" said J.J. Kim of Daewoo. ""The partnership with TeleCruz broadens Daewoo's media and electronics division's goal to increase its offering of Internet-ready products for shipment to customers around the world."" TeleCruz enables a wide variety of interactive television services at a low cost by providing an open, patented technology platform for integration inside the television. The company's open platform, system-on-chip (SoC) architecture supports interactive capabilities created by advertisers, content creators and broadcasters. TeleCruz works with television manufacturers as well as Internet service providers (ISPs) and interactive content providers such as OpenTV, AT&T, Earthlink, Yack.com and Spiderdance. For more information about TeleCruz Technology Inc., visit www.telecruz.com. For more information about Daewoo, visit www.daewoo.com.

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http://www.telecruz.com
http://www.daewoo.com