Conax AS of Norway brings Real Time live action gaming to the Internet at NAB 2001

For Immediate Release

Las Vegas, NV (April 5)Conax, a leading European supplier of smart card based security system solutions, and part of the Telenor Group, will showcase its conditional access based solutions for DVB and IP at the 2001 National Association of Broadcasters Convention in Las Vegas from April 23 - April 26. The showcase will demonstrate a real time betting/gaming application.

Conax has chosen NetCityBroadcast.com, a Las Vegas-based Internet broadcasting company to produce the streaming event from the booth during the convention (E-topia hall, Stand No. E3605).

"We are very excited about working with Conax to produce the NAB 2001 event," said Gregg Powers, COO of NetCityBroadcast.com. "Internet broadcasting and audio/video streaming are a huge part of our business, and it is an honor for us to be able to showcase the CONAX smart card-based encryption technology with the live action gaming application at NAB 2001"

"Our demonstration of encrypted point-based real time gaming is a perfect example of one of the many applications in which smart cards act as the ultimate solution", said Øystein Larsen, CEO of Conax AS.

Conax is the leading supplier of conditional access technology in the Nordic countries, and is one of a few companies in the world to offer complete security solutions for digital-TV. Conax develops and produces smart card based security systems for pay-TV, electronic purse, IP networks and PKI. It also offers systems for subscriber administration and invoicing both for analogue and digital TV services and the Internet. The technologies are based on the experience Conax has obtained from 15 years in the smart card business.
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For Further Information Contact: Ann Gabriel - 702.228.7409

About Conax
Conax AS was established in 1992 as an off-shoot of Telenor R&D. The company is owned 90 % by Telenor, the leading telecom, IT and media company in Norway and 10 % by Telenor Venture II ASA, a new fund of TeleVenture, with its main areas of interest within mobile communications broadband and new media / Internet.

About NetCityBroadcast.com
NetCityBroadcast.com is a leading Internet streaming audio, video, content and services provider. NetCityBroadcast.com specializes in webcasting technology and entertainment-related events and in developing, producing and delivering audio and audio/video content and provides services that completely integrate online rich media strategy, crossplatforming websites, email, and webcasting events in the EMBLAZE plug-in free environment.