OpenTV Stock Drops on Earnings

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Share prices for interactive-television-technology company OpenTV Corp. fell 17 percent Friday, following losses
disclosed in a fourth-quarter earnings report late Thursday and an analyst
downgrade Friday morning.

OpenTV's pro forma net loss for 2001 was $25.3 million, compared with a pro
forma net loss of $11.4 million in 2000. Revenues for the year increased 51
percent to $95.3 million.

Earlier this week, OpenTV said more than 4 million set-top boxes had been
deployed in the United States with OpenTV middleware.

EchoStar Communications Corp. includes the middleware on its newer
direct-broadcast satellite receivers.

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