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FOXTEL Chooses Universal Electronics to Supply Remote Control Solutions For Digital Cable and Satellite TV Set-Top Boxes

CYPRESS, Calif., March 1 /PRNewswire-FirstCall/ -- Universal Electronics Inc. (UEI) (Nasdaq: UEIC - News) today announced that it has entered an agreement with FOXTEL, making UEI a preferred universal remote control supplier to Australia's leading subscription television operator.

UEI is currently FOXTEL's sole supplier of remote control solutions; under this new agreement, UEI will provide proprietary technology for FOXTEL's universal remote controls that will control both the FOXTEL digital cable and digital satellite set-top boxes.

The remote controls, which represent the next-generation BSkyB control solution, enable seamless control of the FOXTEL digital cable and digital satellite set-top boxes as well as subscribers' televisions.

"FOXTEL's choice of UEI technology to support the largest-ever rollout of digital subscription television in Australia demonstrates the company's faith in us to deliver reliable, world-class technology solutions," said Paul Arling, chairman and chief executive officer at Universal Electronics. "This relationship with FOXTEL further enhances UEI's position as an outstanding global partner to many of the world's most prominent subscription television providers."

"We looked to UEI to help us design a solution that would be intuitive, simple in design, and innovative in its universal control and learning capabilities to accommodate our local device requirements," said Patrick Delany, director of Digital at FOXTEL. "We are thrilled to work with UEI and anticipate that our remote control will set the standard for all future remote controls in Australia."

UEI supplies FOXTEL with an advanced remote control that is adapted to local requirements for common Australian television brands, enabling FOXTEL subscribers to control virtually any television with the UEI-based device, which is backed by the industry's largest database of infrared device control codes. In addition, the remote control's learning feature allows further customization so that subscribers can control their favorite features to other audio and video devices in the home.

About FOXTEL

FOXTEL is Australia's leading subscription television provider and is connected to more than one million homes on cable and satellite through retail and wholesale distribution. FOXTEL is owned by Telstra Corporation Ltd (50%), The News Corporation Ltd (25%), and Publishing and Broadcasting Ltd (25%). FOXTEL plans to launch its new digital cable and satellite service in March 2004.

About Universal Electronics

Universal Electronics Inc., based in Southern California, develops software, firmware and turnkey solutions designed to enable consumers to wirelessly connect, control and interact with an increasingly complex home environment. The company's primary markets include original equipment manufacturers (OEMs) in consumer electronics and personal computing, as well as multiple system operators in the cable and satellite subscription broadcasting markets. Over the past 16 years, the company has developed a broad portfolio of patented technologies and the industry's leading database of home connectivity software that it licenses to its customers, including many leading Fortune 500 companies. In addition, UEI sells its universal wireless control products to distributors and retailers in Europe, Asia, Latin America and Australia under the One For AllĀ® brand name. More information about UEI can be obtained at http://www.uei.com/ .

This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, ordering, delivery and market acceptance of products and technologies identified in this release; the Company's continued ability to design products in a fashion that results in its technology becoming the standard for handheld devices; the continued importance of the Company's database of codes; and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

NOTE: One For All is a registered trademark of Universal Electronics Inc.

Other product or service names mentioned herein are the trademarks of their respective owners.