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FREMONT, Calif.- November 06, 2003 - Vialta,
Inc. (OTC:VLTA) today announced that Belgian telecommunications
company Belgacom has selected the Vialta Beamer™
as the videophone solution for its customers. This follows
an earlier announcement made by Portuguese telecom company
PT Comunicações, S.A that the Beamer™
videophone is available to its customers.
Belgacom
will be marketing Beamer videophone, co-branded by Vialta
and Belgacom, to its customers under the name "Visto",
and Belgacom sees the Visto as an attractive product
that allows people to share experiences and emotions
more fully across cities, countries-even continents.
"The
largest target, or rather, the most obvious target on
the residential market is separated families, such as
parents and children who, for whatever reason, are unable
to see each other during the week. Belgacom and Vialta's
Visto makes it possible for them to see each other through
video as they communicate, which helps them convey their
emotions," said Johan Merlevede, marketing director
for Belgacom. Lian Verhoeven, Belgacom's spokesperson
continued, "This is a new device on the telecommunications
market which demonstrates that the fixed line is still
a valuable product and continues to be very useful for
a great many people."
"Vialta
is excited to be working with Belgacom, and this partnership
highlights our vision to offer products that enhance
the way people communicate and help them stay connected
in a better, more personal way," said Didier Pietri,
Vialta's president and chief executive officer. Pietri
continued, "This deal further emphasizes our commitment
to making Beamer available worldwide and giving everyone
an easy way to see loved ones as often as they'd like."
Beamer
instantly adds video to phone calls, allowing consumers
to hear and see the person they are speaking with. Beamer
works with any home phone over a standard (analog) phone
line, and there is no additional cost to phone calls.
Beamer
is a multi-award winning product, garnering accolades
from the Consumer Electronics Association and Good Housekeeping
magazine. Recognition and honors from both of these
organizations reinforce Vialta's dedication to creating
consumer products that are technically innovative, easy
to use, aesthetically pleasing, and add value to every
day life.
About
Belgacom
Belgacom SA, with its registered office in Brussels, in
the heart of Europe, is the leading supplier of total
telecommunications solutions on the Belgian market. The
company is owned by the Belgian State (50% + one share)
and ADSB Telecommunications (50% - one share), an international
consortium made up of SBC, Singapore Telecom, TDC and
a group of investors from the financial sector (KBC, Dexia
and Sofina). The Belgacom Group offers a range of services:
local, long-distance and international voice and data
services, cellular telephone services, satellite services,
carrier services and all Internet-related services. Since
1996, Belgacom has been offering the Belgacom World Solutions,
which cover more than 220 countries and through which
customers can connect their various business centers using
a single telecom standard.
About Vialta
Vialta, Inc. develops, designs and markets unique and
innovative home entertainment and communications products.
Vialta was formed in April 1999 and is publicly traded
on the OTC Bulletin Board under the symbol "VLTA". The
company is headquartered in Fremont, California with offices
in Los Angeles and Hong Kong. More information about Vialta
can be found at www.vialta.com.
Forward-Looking
Statements
The matters discussed in this news release include
certain forward-looking statements that involve risks
and uncertainties, including, but not limited to, the
possible reduction of consumer spending, the timely
availability and acceptance of the Company's new and
existing products, the impact of competitive products
and pricing, the dependence on continued growth in demand
for consumer products, and the other risks detailed
from time to time in the SEC reports of Vialta, including
the reports on Form 10-K and Form 10-Q. Actual results
could differ materially from those projected in the
forward-looking statements.
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