ANGA COM, COLOGNE – 08 June 2016 – SMIT Holdings Limited (“SMIT”, stock code: 2239), the leading global supplier of conditional access module (CAM) devices, today announced they have partnered with renowned digital platform security leader Irdeto to supply the CI Plus Module with Irdeto Cloaked CA to Germany’s network operator MEDIA BROADCAST ahead of its new freenet TV digital terrestrial television (DTT) service launch.

The CAM device, based on SMIT’s next-generation chipset, integrates with Irdeto’s Cloaked CA solution featuring FlexiCore chipset-based security agent. This enhances the performance, security and reliability of the CAM. With FlexiCore, the module is expected to support advanced features such as CI Plus1.4 and on-demand services in the future, in addition to ongoing support for standard conditional access applications. The module, launched by SMIT specifically for MEDIA BROADCAST, also incorporates Irdeto’s Secure Pre-enablement which allows pre-activated CAMs to be distributed in the market. This means that access to freenet TV is immediate after having purchased a CAM.

Brenda Bai, vice president of SMIT’s overseas CAM business, says, “We feel honored that we have been selected by MEDIA BROADCAST to support its freenet TV DVB-T2 platform launch across Germany. We also feel honored to collaborate with Irdeto in providing advanced Cloaked CA with FlexiCore security to MEDIA BROADCAST on our CAM. As the world’s largest CAM provider with outstanding competence in developing security solutions, SMIT is able to deliver industry-leading services, experience and market value to freenet TV and its end consumers.”

According to data from Frost & Sullivan, SMIT maintained its role as the world’s largest CAM provider with a market share of 48.9 percent in 2014 and 49.6 percent in the first half of 2015 in terms of both sales volume and revenue. The company was listed on the Main Board of the Stock Exchange of Hong Kong on March 30, 2016.

The European digital TV market is in the process of its transition from DVB-T to DVB-T2, with Germany as the trendsetter. MEDIA BROADCAST will use the CAM device provided by SMIT in its T2 platform transition, which also provides guidance and reference for its peers in other European countries who are planning a T2 network upgrade. The DVB-T2 network platform freenet TV, is also the first paid access-based application in the country. According to MEDIA BROADCAST, most programs on the DVB-T2 platform will be broadcast in full HD using HEVC technology, delivering an outstanding viewing experience to T2 users with higher image quality than cable or satellite networks.

“As we continue to support the launch of MEDIA BROADCAST’s major new freenet TV service, we are delighted to extend our partnership with SMIT to offer additional innovative products to viewers across Germany,” said Steeve Huin, Vice President of Strategic Partnerships, Irdeto. “With SMIT, our combined leadership provides important benefits to pay TV operators as they upgrade their networks in a fast-growing market.”

About MEDIA BROADCAST

MEDIA BROADCAST is a member of the freenet Group and Germany’s largest service provider for the broadcast and media industry. The company’s core business includes the planning, set-up and operation of multi-media transmission platforms for television and radio on a national and global basis using modern transmitter, fibre and satellite networks.

MEDIA BROADCAST serves around 750 national and international customers, including public and commercial broadcasters, TV and radio production companies, cable network operators, media authorities, as well as private enterprises and public institutions. Further information on MEDIA BROADCAST is available at www.media-broadcast.com.

About SMIT

SMIT is a leading security devices provider for pay TV broadcasting access worldwide and for mobile point-of-sale, or mPOS, payment systems in China. We design and develop security devices primarily for the pay TV industry globally through sales of our conditional access module, or CAM, products which provide end users with access to pay TV content. We ranked first in the global CAM market by both sales volume and revenue in 2014 and for the first half of 2015.

We are headquartered in Hong Kong, with offices in Shenzhen, China and Munich, Germany. Since our inception in 2002, we have grown quickly to serve more than 400 customers with sales in 46 countries worldwide.

About Irdeto

Irdeto. Building a Secure Future.™

Irdeto is the world leader in digital platform security, protecting platforms and applications for media & entertainment, gaming, connected transport and IoT connected industries. Our solutions and services enable customers to protect their revenue, create new offerings and fight cybercrime. With nearly 50 years of expertise in security, Irdeto’s software security technology and cyber services protect over 5 billion devices and applications for some of the world’s best-known brands. Our unique heritage as a subsidiary of multinational media group Naspers (JSE: NPN) means that we are a well-established and reliable partner to help build a more secure future. Please visit Irdeto at www.irdeto.com.

For further information about Irdeto please contact:

Stephen Russell
Global Manager, Public Relations, Irdeto
Mobile: +1 774 273 3890
Email: Stephen.Russell@irdeto.com