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Highlights
- UK Department of Trade and Industry (DTI) report says NDS is biggest UK-based investor in R&D in Software and Computer Services sector
- Highlights NDS’ commitment to innovation and investment
NDS, the leading provider of technology solutions for digital pay-TV, today announced that it has been ranked the top research and development investor among all UK-based software companies.
The 16th annual report, entitled, “2006: The R&D Scorecard: The Top 800 UK and 1,250 Global Companies by R&D Investment” reveals that NDS invested $167 million (£97 million) globally in R&D, topping all other UK-based software companies. This is based on FY 2005 figures, and using exchange rates current at the time of printing.
As a percentage of sales, which stood at $557 million (£324 million), this level of investment represents a significant 29.9%. Furthermore, this represents an 18% increase in R&D spend in comparison with the previous year.
Dr Abe Peled, NDS Chairman and Chief Executive Officer commented: “Our research and development facilities, including our UK sites in Staines, Southampton and Chiswick, West London, play a crucial role in developing new technologies for securing and enabling digital content, anytime, anywhere and on any device.”
“Major investment in research and development is a fundamental value at NDS and has been a cornerstone of our success around the world,” he continued.
In addition to three UK development centers, NDS has manufacturing facilities in Maidenhead, and corporate headquarters in West Drayton. Further, NDS has development centers in France, Denmark, Israel, Korea, China, USA and India.
The report also notes that NDS ranks 28th biggest R&D investor across all UK companies in all reported sectors.
The Scoreboard surveys 1,250 global R&D companies and 800 UK-based companies in terms of their annual investment in R&D. Copies are available free of charge at: www.innovation.gov.uk/... .
Cautionary Statement Concerning Forward-looking Statements
This document contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The “forward-looking statements” included in this document are made only as of the date of this document and we do not have any obligation to publicly update any “forward-looking statements” to reflect subsequent events or circumstance, except as required by law.
Highlights
- UK Department of Trade and Industry (DTI) report says NDS is biggest UK-based investor in R&D in Software and Computer Services sector
- Highlights NDS’ commitment to innovation and investment
NDS, the leading provider of technology solutions for digital pay-TV, today announced that it has been ranked the top research and development investor among all UK-based software companies.
The 16th annual report, entitled, “2006: The R&D Scorecard: The Top 800 UK and 1,250 Global Companies by R&D Investment” reveals that NDS invested $167 million (£97 million) globally in R&D, topping all other UK-based software companies. This is based on FY 2005 figures, and using exchange rates current at the time of printing.
As a percentage of sales, which stood at $557 million (£324 million), this level of investment represents a significant 29.9%. Furthermore, this represents an 18% increase in R&D spend in comparison with the previous year.
Dr Abe Peled, NDS Chairman and Chief Executive Officer commented: “Our research and development facilities, including our UK sites in Staines, Southampton and Chiswick, West London, play a crucial role in developing new technologies for securing and enabling digital content, anytime, anywhere and on any device.”
“Major investment in research and development is a fundamental value at NDS and has been a cornerstone of our success around the world,” he continued.
In addition to three UK development centers, NDS has manufacturing facilities in Maidenhead, and corporate headquarters in West Drayton. Further, NDS has development centers in France, Denmark, Israel, Korea, China, USA and India.
The report also notes that NDS ranks 28th biggest R&D investor across all UK companies in all reported sectors.
The Scoreboard surveys 1,250 global R&D companies and 800 UK-based companies in terms of their annual investment in R&D. Copies are available free of charge at: www.innovation.gov.uk/... .
Cautionary Statement Concerning Forward-looking Statements
This document contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory factors. More detailed information about these and other factors that could affect future results is contained in our filings with the Securities and Exchange Commission. The “forward-looking statements” included in this document are made only as of the date of this document and we do not have any obligation to publicly update any “forward-looking statements” to reflect subsequent events or circumstance, except as required by law.
