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11.Apr.2000
Guenther Klug v. Biedermann via Email


Met@box closes deal for sale of 500,000 Multimedia Boxes
Met@box International Inc. a 100% subsidiary of Met@box responsible for international operations has closed a strategic alliance with a foreign corporation. The agreement covers multimedia-Set-Top-Boxes and Server technology valued at over 500,000,000 DM.

Met@Box Inc. has thus achieved a further step in secureing markets for its Internet-TV concepts. The foreign corporation, that at this time wishes to remain unnamed has closed on a deal for 500,000 digital multimedia-Set-Top-Boxen valued at around 500,000,000 DM. The agreemant also includes , after a pilot project - together with the Deutsche TelekomAG, the implementation of BOT Technology at a conventional TV station.
Complete Press release (also in English) via Title link. (Translation: mb)

[News message: 11. Apr. 2000, 08:00] [Comments: 0]
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