TWC, Samsung Extend Tru2way Box Deal

Have signed a letter of commitment for the continued development, purchase, and deployment of Samsung true2way-enabled set-top boxes

July 13, 2009

1 Min Read

NEW YORK -- Time Warner Cable and Samsung today announced that they have signed a letter of commitment for the continued development, purchase and deployment of Samsung True2Way enabled set-top boxes, including the first second-source DVR.

“We look to offer our customers advanced set-top boxes with features that are simple and easy to use,” said Mike Hayashi, Executive Vice President of Advanced Engineering for Time Warner Cable. “We have been a leader in the roll-out of Tru2Way devices and we are continuing to grow our relationship with Samsung, a CE company dedicated to the development of new equipment meeting the necessary standards and offering attractive feature sets.”

Thomas Rhee, SVP, New Business Development for Samsung, added, “We are thrilled to have worked closely with Time Warner Cable to launch Tru2way on our family of cable set-tops including the SMT-H3090 and SMT-H3270 High Definition DVRs. As in Korea, we look forward to the expansion of Tru2way in North America.”

This agreement further solidifies Time Warner Cable’s commitment to its deployment of Tru2Way enabled set-top boxes. To date Time Warner Cable has deployed over 2 million Tru2Way set-top boxes, of which approximately 400,000 are Samsung boxes.

Time Warner Cable and Samsung also recently signed an MOU that focuses on collaborating in development of better home networking solutions for entertainment. This work is part of Time Warner Cable’s continuing efforts to provide its customers with technology that brings new levels of ease and convenience.

Time Warner Cable Inc. (NYSE: TWC)

Samsung Corp.

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