The declaration comes after the highest-ever revenues in any quarter for NDS announced in August 2002 , which were £65.0 million and a 20 per cent increase over the last quarter of the previous financial year. For the full year, revenues increased 12 per cent from £215.6 million to £240.8 million, with conditional access revenues at £41.7 million for the quarter, a company release states.

2002 continued to be a record year for NDS and growth has been strong in US, UK, Israel and Asia-Pacific. In addition, NDS recently reached an agreement with Scientific-Atlanta to implement its conditional access technology into Explorer® digital interactive set-tops that will be provided to Cablevision.

In June this year, Motorola agreed to integrate NDS interactive and conditional access solutions with their digital set-top boxes. In the UK and Israel NDS customers have continued to experience growth in subscriber numbers as they offer advanced interactive television on low cost set-top boxes. Asia-Pacific has been boosted by the launch of SkyLife in Korea and initial roll-out of set-top boxes is now occurring in China. Sichuan Provincial Network launched its digital interactive TV service in May 2002, using NDS's end-to-end solutions, including the Open VideoGuard™ conditional access system.