Sale of OpenMedia Activity

Dalet’s German subsidiary has signed an agreement for the sale of the assets related to the OpenMedia product

Dalet announced today that its German subsidiary has signed an agreement for the sale of the assets related to the OpenMedia product to some of its local managers. Accordingly, all OpenMedia-specific professional services and developments will be handled by Annova Systems GmbH, a newly formed company. Dalet retains its Munich-based DaletPlus Professional Services team, in order to expand the sales and support of its DaletPlus product line on the German market.

David Lasry, CEO of Dalet says: “This transaction is part of our strategy to focus on our core DaletPlus product line that has met strong sales growth in 2007, and has been adopted by a number of leading broadcasters worldwide such as BBC World Service, TF1 and VGTRK. At the same time, we are committed to continue the development of the integration of DaletPlus video modules with OpenMedia.“

“With the complete Munich R&D and services team now dedicated to OpenMedia, Annova has a great opportunity to realize the full potential of OpenMedia, and strengthen the first class services and support we deliver to our customers“, says Michael Schueller, General Manager of Annova Systems.


About Dalet

Founded in 1990, Dalet is a leading developer of software solutions that facilitate the management of audio and video assets for broadcast, entertainment, government, education, corporations and non-profit organizations.

Dalet solutions are used in 50 countries by over 1,700 customers including the largest public broadcasters (BBC, CBC, Deutsche Welle, Media Corporation of Singapore, NPR, RFI, Radio Suisse Romande, VOA, WDR), commercial networks (Arab Radio and Television, BFMTV, Emap, Emmis Broadcasting, Prime TV and XM Satellite) and government organizations (Queensland Courts, The House of Commons, The Scottish Parliament).

Dalet is traded on the Euronext Paris Stock Market (ISIN: FR0000076176, Bloomberg DLT:FP, Reuters: DALE.PA, Mnemo : DLT). Number of outstanding shares: 17 526 364

For more information on Dalet, visit www.dalet.com.


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