euro12 million & Euro expansion for NPTV

Investee Company – NPTV

Investee Company Country – France

Investee Company Business Type – Provides interactive solutions for digital media

Type of Financing – Expansion, Development

Equity Providers – ING Barings, CITA, SG Asset Management (SGAM)

Equity Leader (Individual) – Dominique Grey, ING Barings

Debt Providers – N/A

Debt Type – N/A

Debt Leader (Individual) – N/A

Equity Amount – euro12 million

Total Deal Value – euro12 million

Other Advisors – N/A

Comments – French digital media solutions provider, NPTV, has received euro12 million in a third round of financing. The round was led by ING Baring and also included French venture capital firm CITA and SG Asset Management.

ING Baring provided euro6 million with CITA and SG Asset Management contributing euro6 million between them, returning to invest in the company after their participation in the second financing round which concluded in 1999.

NPTV provides solutions for the markets demands in terms of interactive digital media, applied to enhanced television programmes, t-commerce solutions, interactive advertisement, as well as multi-platform interactive applications.

NPTV plans to assign part of the new capital for the development of its Bando technology, which offers simple solutions for the progression of interactive applications, culminating in enhanced television, interactive advertising and virtual channels.

Having opened an office in Madrid in September 2000, the company is now set to expand its operations by opening two more offices in the UK and Italy.