TechnoConcepts Inc. announced that it has licensed
ANT Software Limited's (AIM:ANTP) browser solution for use in the IPTV set-top box manufactured by its subsidiary, China Jinshlin Techno Ltd. ("Jinshilin"). IPTV set-top boxes provide delivery of digital television programming received from the Internet to conventional television sets.
Jinshilin anticipates shipping more than 100,000 units by the end of this calendar year in China, Taiwan and Japan, generating revenue in excess of $15 million (US). The IPTV set-top box market is rapidly expanding in Asia, with industry analysts projecting sales for China alone of between 20 million to 50 million units in 2006, growing to 60 million to 100 million units by the end of 2007.
ANT is the market leading provider of software and solutions for IPTV, hybrid TV and digital home products. ANT's IPTV browser solution is one of the industry's most reliable and robust embedded browsers, specifically developed for user interface and content rendering requirements of TVs, STBs, DVD players and other consumer electronics and industrial appliances.