UK Digital Radio Industry Receives Another Financial Boost
London, 18 July 2000 - RadioScape today announces that NTL Inc. has invested
US$1 million for a stake in the company. The news comes just two months
after RadioScape announced Psion PLC's US$4.5 million strategic investment,
and represents another huge boost for the UK digital radio industry.
The investment agreement cements the strong commercial relationship that
RadioScape and NTL enjoy in the digital radio market. In the last twelve
months, RadioScape has supplied NTL with a range of digital radio products,
including software and hardware that allows the broadcast and reception of
digital radio signals.
RadioScape's technology is employed at the core of Digital One, the UK's
largest commercial digital radio network and partly owned by NTL as well as
run on NTL's broadcast infrastructure. This system has been transmitting
the digital services of Virgin Radio, Capital Radio, Classic FM and News
Direct since November 1999.
Peter Florence, managing director at RadioScape, says: "This agreement will
allow us to work closely with NTL to deliver unrivalled next generation
digital radio solutions. Digital radio is the future of wireless broadcasts
and it makes sense for us to work with trusted partners who share our
enthusiasm and vision in this arena. We have been shaping the development
of digital radio to date, and now both companies can work together to bring
digital radio to the mass market."
Peter Douglas, Group Managing Director of NTL Broadcast, adds: "The
decision to invest in RadioScape was a natural evolution of our relationship
with RadioScape. We're at the beginning of a revolution in radio and by
investing in the technology we expect to stay at the forefront of this
For more information, please contact:
Bruce McLachlan, Text 100
+44 (0) 20 8996 4190
Alison Kirkwood, NTL Group Communications
+44 (0) 1256 752 66
Bruce Randall, NTL Broadcast
+44 (0) 1962 822 582
About RadioScape Ltd
RadioScape was founded to develop products for the professional digital
broadcast and communication markets. The company's initial focus has been on
the international Digital Audio Broadcast (DAB Eureka-147) standard for
digital radio. Digital radio is able to provide data services as well as CD
quality audio radio with much better reception, especially for mobile radios
RadioScape is a leading supplier of digital audio broadcast equipment across
Europe. In addition the company has software available for licence to
semiconductor companies and manufacturers of digital radio devices.
The company has rapidly established itself as a leading player in software
radio and has been extending its successful strategy into two-way wireless
radio systems with a particular focus on the new third generation cellular
communication standard UMTS.
For more information about RadioScape Ltd, visit http://www.radioscape.com
For more information about Digital Audio Broadcast, please visit
more on ntl
* ntl uses state-of-the-art technology to deliver telephone, TV,
internet and interactive services to UK homes and businesses.
* 22 million homes watch ITV, C4 and C5 thanks to ntl's broadcast
transmitters; and 12 million homes are located within its fibre-optic
* ntl helped pioneer digital TV and is involved in digital
terrestrial, cable and satellite. It launched the UK's first interactive
service in March 1999.
* ntl's national network carries such names as Virgin, Orange and
* with businesses in Ireland, France, Switzerland, south-east Asia and
Australia, ntl's headquarters is located in Hook, Hampshire, UK. It has
20,000 employees and is listed on NASDAQ and EASDAQ.
* in May 2000, ntl completed its acquisition of the consumer and
direct business operations of Cable & Wireless Communications.
About Psion PLC
The Psion Group comprises four divisions focused on providing mobile
internet and corporate network solutions. Psion has a well-earned
reputation for technology innovation and leadership. Psion was founded in
1980 by its chairman David Potter and is now one of Europe's leading
technology companies with a history of pioneering new markets for digital
products. Psion PLC has a worldwide distribution network comprising sales
companies in the USA, Germany and Holland, as well as more than 50
independent overseas distributors. Psion is also the largest shareholder in
Symbian, a joint venture company owned by Psion, Ericsson, Motorola,
Matsushita and Nokia. Symbian's objective is to develop and market its
platform technology as the industry standard for the next generation of
mobile communication and computing devices.
The Psion Group comprises:
Psion Computers the market-leader in consumer and corporate palmtop
computing with products such as the Revo, Series 5 and Series 7 ranges and a
wide range of peripheral devices;
Psion Connect (formerly Psion Dacom) - European leader and world number
three PC Card modem manufacturer with a reputation for premium, cutting-edge
connectivity products such as the Gold Card Global range of multi-function
PC Cards. As supply partner to Compaq and Dell, the company is also a
leading player in Bluetooth markets;
Psion Enterprise Computing (formerly Psion Industrial) formed in 1996 to
focus on the growing worldwide demand for commercial and industrial handheld
devices such as the netBook, netPad, Workabout, HC and the Organiser ranges;
Psion InfoMedia formed in 1999 to develop new products which exploit the
convergence of computing and communications technologies. The division will
produce innovative products for the home or mobile environments that will
distribute text, audio and video in new ways using wireless technologies.
The company's first product is the Psion Wavefinder Digital Audio product
which will be available in autumn 2000.
For more information about Wavefinder, please visit
For more information about Psion PLC, please visit http://www.psion.com
Text 100 Ltd
Global High Technology Public Relations
Power Road Studios, 114a Power Road,
Chiswick, London W4 5PY, UK
Tel: +44 (0) 20 8996 4190
Fax: +44 (0) 20 8996 1290
Mob: +44 (0) 7974 161 209
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