Harmonic's

Harmonic's president and chief executive officer, said in an interview that the deal was prompted in part by the fact that the divisions between the companies 'businesses are blurring, in part because more media firms are putting themselves in position to deliver content directly to consumers.

Tech Allies Unite in $300 Million Deal 2010

THE BIG PICTURE: Harmonic's video encoding, storage and delivery products are especially relevant today as people consume more video on demand and over the Internet.

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The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic's filings with the Securities and Exchange Commission including its recent Reports filed on Form 10-K and Form 10-Q.

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For the full year 2010, Harmonic's stand-alone net revenue was $386.8 million, up 21% from 2009.

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Harmonic expectations and beliefs regarding the capabilities of Harmonic's Omneon MediaGrid and the anticipated benefits for Dubai Media Incorporated may not materialize, and actual results could differ materially from those projected.

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An Elemental box does process certain types of video more quickly than Harmonic's, "but at the end of the day, what customers look for is a breadth of offerings," he says.

BusinessWeek.com -- Top News 2011

An end-to-end video solution leveraging KIT Cosmos, KIT digital's premium video asset management platform, and Harmonic's multicodec, multiformat video processing and storage technology, that enables customers to deliver and optimize video services for live linear feeds, catch-up and start-over TV and video-on-demand with a rich user experience;

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The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic's filings with the Securities and Exchange Commission including its recent Reports filed on Form 10-K and Form 10-Q.

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Harmonic's award-winning video infrastructure solutions and KIT digital's impressive managed service platform deliver a true high-quality, proven, end-to-end solution focused on operational efficiencies.

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Harmonic expectations and beliefs regarding the capabilities of Harmonic's Omneon MediaGrid and the anticipated benefits for The London Studios may not materialize, and actual results could differ materially from those projected.

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