ADB Group to give a business update about the second half of 2009
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Geneva - 20th October 2009The management of ADB Group will hold a conference call to presentthe second half 2009 mid-period business update, on Thursday 29thOctober 2009, at 14:00 CET.To connect to the conference call, participants should dial thefollowing number: +41 (0) 44 580 64 03To ask a question, participants will be required to dial: 01.This press release and further information on ADB Group can be foundon the Group's website at www.adbholdings.comFor further information please contact:Tina NyforsEVP, Corporate DevelopmentTel: +41 22 592 8433Fax: +41 22 592 8432t.nyfors(at)adbglobal.com -end-About ADB Group (SIX: ADBN)ADB Group (www.adbholdings.com) was founded in 1995 and is a leadingdeveloper of solutions required to view and interact with digital TVbroadcast through cable, satellite, terrestrial and IP networks. TheGroup primarily sells consumer premise devices, including set-topboxes, with over 13 million units deployed since 1997. Thedevelopment and sales of the Group's products and services areconducted in two main operating segments: the Digital TV Equipmentsegment, mainly operated by ADB (www.adbglobal.com), and Software andServices segment, encompassing Osmosys (www.osmosys.tv) and VidiomSystems (www.vidiom.com).This press release contains forward-looking statements. You arecautioned that any such forward-looking statements are not guaranteesof future performance and involve risks and uncertainties, and thatactual results may differ materially from those in theforward-looking statements as a result of various factors, amongwhich: * future developments of the world digital TV market, in particular the future demand for digital TV products in the key markets and from key customers served by our Group; * pricing pressures, competitive market situation; * our and the industry's capability to successfully and timely innovate and develop challenging technology, and our capability to hire and retain high-level employees; * changes in the exchange rates between the US$ and the main other operating currencies of the Group, including the Euro and the Polish Zloty; * our ability in an intensive competitive environment, to continue securing orders from existing or new customers and to achieve our pricing expectations for volume supplies of new products in whose development we have or are currently investing; * the ability of our suppliers to meet our demands for supplies, qualitatively or quantitatively, and to offer competitive pricing; * our gross margin could vary significantly from expectations based on changes in revenue levels, product mix and pricing, changes in unit costs, and the timing and execution of shipments ramp-ups; * changes in the economic, tax, social or political environment, including import and other duties, military conflict, terrorist activities, as well as natural events such as severe weather, health risks, epidemics or earthquakes in the countries in which we, our key customers and our suppliers operate; * our ability to obtain required licenses on third-party intellectual property on reasonable terms and conditions, the impact of potential claims by third parties involving intellectual property rights relating to our business, and the outcome of litigation; * the results of actions by our competitors, including new product offerings and our ability to react thereto;Advanced Digital Broadcast Holdings SA undertakes no obligation topublicly update or revise any forward-looking statements. AdvancedDigital Broadcast Holdings SA reserves the right to amend theinformation at any time without prior notice.The information contained in this press release may not be consideredas being a substitute for economic, legal, tax or other advice andyou are cautioned to base investment decisions or other decisions onthe content of this release. You are recommended to consult yourinvestment advisers or other advisers prior to making any decision.This press release is not an offer of securities for sale or asolicitation to invest in Advanced Digital Broadcast Holdings SAsecurities. In particular, it is not an offer of securities for salein the United States of America, its territories and possessions.Securities may not be offered or sold in the United States absentregistration or an exemption from registration under the U.S.Securities Act of 1933, as amended. Advanced Digital BroadcastHoldings S.A. does not intend to register its securities in theUnited States of America.http://hugin.info/136393/R/1348677/324666.pdf --- End of Message ---ADB Holdings S.A.Avenue de Tournay 7 Chambesy SwitzerlandISIN: CH0021194664; Index: SPI, SPIEX, SSCI;Listed: Main Market in SIX Swiss Exchange;
Datum: 20.10.2009 - 19:00 Uhr
Sprache: Deutsch
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