Highlights

Migration to service mode completed, ensuring a more stable
revenue base for the Group

Massive deployments on digital terrestrial television markets

Significant new contract wins in emerging markets and for
new technologies

Completing full OpenTV acquisition

New acquisitions (Medialive AND Medioh!) reinforcing the
Group's know-how in its core business (content protection)
and in new TV 2.0 solutions (user experience)

Strengthened Nagra Public Access market presence,
particularly in the airport segment

Improved cost structure through optimized location mix