LIEGE, Belgium, Aug. 8, 2005 EVS Broadcast Equipment S.A. (ISIN BE0003820371) (Brussels:EVS) made the following announcement:
-- Multi-Million EUR Orders from BSkyB and U.K. Customers
-- Following a Weaker 1H05 Than 1H04, Confirms the
"Transition Year" Guidance 2005
-- 1H05 Results to be Announced Next September 7, 2005
EVS has concluded multi-million deals in the U.K. market for its new platform, XT(2), which has been successfully released last June during the Confederations Cup in Germany. More than 30 XT(2) hybrid SD/HD systems have been ordered by BSkyB and independent production companies for the outside production in High-Definition of the U.K. Premier League and new near-live studio applications.
Ahead of the BSkyB HD service launch in the U.K. and Ireland in the first half of 2006, Sky has already committed the XT(2) as a key element of its new HD production workflow. From the beginning of the new season, the Premier League is being partly captured in the High-Definition format.
These deals pave the way for a wider market acceptance of the newly launched XT(2) but mainly provides more visibility for the current year and confirms the 2005 guidance: a transition year compared to 2004 with a weak first half and a much stronger second half-year.
EVS will release its 1H05 results next Wednesday September 7, before market opening.