Kudelski Group Completes Acquisition of Controlling Interest in OpenTV Corp.

Kudelski Group Completes Acquisition of Controlling Interest in OpenTV Corp.

January 17, 2007

    CHESEAUX, Switzerland and SAN FRANCISCO, Jan. 17
/Xinhua-PRNewswire/ -- Kudelski Group (SWX Swiss Exchange:
KUD.VX), a global leader in content protection and related
digital television technologies, announced today that it
closed its previously announced stock purchase transaction
with Liberty Media Corporation (Nasdaq: LINTA; LCAPA) and
has acquired voting control of OpenTV Corp. (Nasdaq: OPTV),
a leading provider of solutions for the delivery of digital
and interactive television. OpenTV will continue to
maintain its listing on the NASDAQ Global Market. The
transaction aligns two global digital television technology
leaders who, together, will be able to deliver fully
integrated products and solutions to the world's digital TV
operators, spanning conditional access software, middleware,
interactive applications, and advertising. At the same time,
the transaction enables both companies to continue operating
independently, supporting efforts to serve some customers on
a standalone basis as their requirements dictate.  

    In connection with the transaction, Joseph Deiss,
Lucien Gani, Alan A. Guggenheim, Andre Kudelski, Mercer
Reynolds, Pierre Roy and Claude Smadja were appointed to
serve on OpenTV's Board of Directors, and Robert R.
Bennett, Anthony G. Werner and Michael Zeisser resigned
from OpenTV's Board of Directors. 

    About the Kudelski Group 

    The Kudelski Group (SWX: KUD.VX), is a world leader in
digital security. Its technologies are used in a wide range
of applications requiring access control and rights
management, whether for securing transfer of information
(digital television, broadband Internet, video-on-demand,
interactive applications, etc.) or to control and manage
access of people or vehicles to sites and events. The
Kudelski Group is headquartered in Cheseaux-sur-Lausanne,
Switzerland. For more information, please visit 
http://www.nagra.com . 

    About OpenTV

    OpenTV is one of the world's leading providers of
solutions for the delivery of digital and interactive
television. The company's software has been integrated in
over 73 million digital set-top boxes around the world. The
software enables enhanced program guides, video-on-demand,
personal video recording, enhanced television, interactive
shopping, interactive and addressable advertising, games
and gaming and a variety of consumer care and communication
applications. For more information, please visit
http://www.opentv.com .


    For more information, contact:

    OpenTV
     Barbara Cassidy
     Tel:   [phone]
     Email: [e-mail]

    Brainerd Communicators, Inc.
     Brian Schaffer
     Tel:   [phone]
     Email: [e-mail]

    Kudelski Group
     Santino Rumasuglia
     Tel:   [phone]
     Email: [e-mail]

     Anne-Sophie Schlachter
     Tel:   [phone]
     Email: [e-mail]


SOURCE  OpenTV, Inc.