Agravision And DISH Network Sign New Long-Term Agreement

Nagravision SA, a Kudelski Group (SIX:KUD.VX) company and the world's leading independent provider of value-added content protection solutions, have announced the execution of a Conditional Access System agreement with DISH Network L.L.C., a subsidiary of DISH Network Corporation (NASDAQ: DISH).
DISH Network recently completed a migration of its more than 14 million subscribers (as of December 2009) to Nagravision’s new generation security technology.
The new ten year agreement with Nagravision and NagraStar L.L.C. aligns DISH Network’s and Nagravision’s interests to optimize the resilience of DISH Network’s security solutions, including the deployment of next generation security smart cards in addition to a broader scope of signal protection covering traditional and emerging piracy threats.
"Nagravision’s flexible solutions in supporting new services, features and functionalities as well as their pragmatic approach have helped us grow our pay-TV business in an innovative way,” said Charlie Ergen, Chairman, Chief Executive Officer and President of DISH Network. “In an increasingly competitive environment, Nagravision is clearly a strong partner to be with today and going forward."
André Kudelski, President and Chief Executive Officer of the Kudelski Group added: "We are proud that DISH Network will benefit from the most innovative security solutions available on the market.
"Our mutual commitment enables customisation of our solution roadmap to address DISH Network’s specific needs over the next few years and support their growth."
(BMcN/BMcC)