[SatBroadcasting(tm)] SmarDTV, a Kudelski Group (SIX: KUD.S) company, has entered into an agreement to purchase certain assets from French technology company Iwedia, including the transfer of all staff (approximately 20) from Iwedia to SmarDTV.

SmarDTV designs and manufactures highly secure, interchangeable modules and associated enabling technologies, which provide an attractive alternative to set to boxes to access digital payTV by requiring only one remote control, offering much lower energy consumption and not requiring extra cables. SmarDTV CAMs and CableCARDs are used daily by millions of subscribers around the world. A founding member of CI Plus Forum, SmarDTV is headquartered in Switzerland with development and sales offices in France, Germany, Singapore, Korea, Italy, Spain and US. SmarDTV intends to transfer all Iwedia employees to its newly formed subsidiary SmarDTV Rennes and so reinforce its commitment to expanding it technology base in France.