LINKOPING, Sweden, June 10, 2002 (PRIMEZONE) -- Kreatel Communications AB has signed an agreement with yet another energy supply company. NVE, North-West Sealand energy supply company in Denmark, has decided to choose Kreatel's IP set-top box system for delivering broadband services to its subscribers.
This first contract includes 10,000 boxes and concerns 2003. During a 5- year period, NVE intends to place optical fiber to over 50,000 subscribers, Denmark's up to now largest venture of broadband to private customers. Already on the 15th of August 2002, NVE sets up a pilot test for their first 500 subscribers.
"At Kreatel Communications our broadband consultant, ToNeMe, and we found the set-top box and the know-how that contribute to generate success," said Poul-Michael La Cour, manager of NVE's FTH (Fiber-Til- Hjemmet) project.
"NVE makes a large venture and confirms our conviction that the energy supply companies all over Europe make great efforts to keep their subscribers through offering attractive TV-services on energy markets that already are or are in progress to deregulate," said Lars Bengtsson, Managing Director at Kreatel.
NVE's subscribers will be able to sign up for services like up to 20 different TV-channels, Video-on-Demand, Internet, games and music. In the future NVE also intends to offer their subscribers a service called time shifting. By storing TV-programs on a server, the viewer does not have to consider when the news or the favorite show is broadcasted instead they can watch the program whenever it is suitable for them.
About Kreatel
Swedish company Kreatel Communications AB, founded 1996, develops and markets flexible service terminal systems that enable operators and service providers to offer attractive services in the telecom and broadband networks. Examples of such services are to order a movie on demand over a broadband connection, lower the phone bill by having the calls routed to the cheapest operator (Least Cost Routing), or send an SMS in the fixed telephone network. Kreatel is in a market-leading position within the development of broadband terminals and management systems for interactive services to household TVs distributed via IP-based broadband networks. The company product portfolio is characterized with high software content and systems solutions. For more information visit www.kreatel.com.
About NVE
NVE was founded in 1913 and has for almost 100 years supplied 2000 sq. km of the northwestern part of Sealand with electricity. It is the vision of NVE to be the region's chosen supplier of energy, telecommunications and related services. For a number of years NVE has used optical fibres for operational control of the high voltage system, and NVE's Fibre-to-Home concept is based on this backbone network. The idea of running optical fibre cables right up to the customers' domicile arose from the fact that fibres for the home is a technique which makes allowance for the rapidly increasing need for data links with vast capacity. In connection with the decision of running cables to the homes and at the same time providing the customers with the possibility of buying a variety of services, NVE has contacted a number of suppliers of products that are outside of NVE's competences.
Questions concerning this press release are answered by Lars Bengtsson, Managing Director, Kreatel Communications AB Phone: +46 13 367601 or +46 733 517601 lars.bengtsson@kreatel.com Poul-Michael La Cour Manager, Nordvastsjallands Energiforsyning Phone: +45 59 21 22 24 or +45 23 21 01 11 lac@nve.dk
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