SMIT Corporation Releases CI Plus v1.3 Upgrade Firmware Package

September 3, 2012 – SMIT Corporation (“SMIT”), a leading provider of devices that enable secure digital content delivery, today announced that the Company’s Conditional Access Module (“CAM”) has released the CI Plus v1.3 firmware package and SMIT will showcase the latest CAM features at IBC 2012 in Amsterdam in September 2012.

CI Plus v1.3 represents the next step in the evolution of CI Plus to provide an enriched feature set to support the business models of the pay-TV industry. The introduction of CI Plus v1.3 also aims to strengthen operators’ relationship with content providers, host manufacturers, CAM manufacturers and consumers. SMIT’s latest generation of CAMs add a number of enhancements, including operator EPG and UI branding using HD graphics, leveraging host’s IP connection for VOD content delivery, increased operator control over content usage and new capabilities to allow the CAM to tune the host to new services.

In accordance with CI Plus LLP’s licensing agreement, all new CI Plus devices registered after August 1, 2012 will have to conform to the CI Plus v1.3 specification. SMIT received CI Plus v1.3 certification on its latest CAM in August 2012 by Digital TV Labs and expects commercial production and shipment to commence in the fourth quarter of 2012.