CryptoGuard partners with SMIT to launch its Cardless CAM

SHENZHEN, China, April 11, 2019 /PRNewswire/ -- SMIT Holdings Limited ("SMIT", HKEX stock code: 02239), the leading global supplier of conditional access module (CAM) devices, announced that they have partnered with renowned provider of content protection CryptoGuard to launch the first CryptoGuard Cardless CAM.

The CAM device, based on SMIT latest and advanced secure chipset, integrates with CryptoGuard cardless solution. With the launch of the CryptoGuard cardless CAMs, the operators can reduce the cost of deploying CAMs and provide a plug-and-play simple solution for market. Following the latest CI Plus 1.4 and ECP technology, the 4K service is available in the CAM which is embedded with the CryptoGuard highest security solution.

"We are pleased to cooperate with SMIT to provide a high-grade security to the new cardless CAM. We will keep our longstanding working relationship with SMIT and provide innovative and consumer-oriented CAM solution to the market", commented by Kjell Carlswärd, CEO of CryptoGuard.

"We are pleased to partner with CryptoGuard to have more advanced CryptoGuard CAM product in our portfolio, with this cardless solution, I believe we can expand more markets together with CryptoGuard", commented by Brenda Bai, VP of SMIT.

About CryptoGuard:

CryptoGuard is a provider of Pay TV content protection and complete end-to-end OTT/IPTV solutions. CryptoGuard was established 2007 in Sweden and today the company has sales offices on three continents and its solutions have been deployed in more than 50 countries worldwide. For more information please visit www.cryptoguard.com.

About SMIT:

SMIT is a leading security devices provider for pay TV broadcasting access worldwide. The Company design and develop security devices primarily for the pay TV industry globally through sales of the conditional access module, or CAM products which provide end users with access to pay TV content. The Company was ranked first in the global CAM market by both sales volume and revenue in 2014 and 2015. Since the Company's inception in 2002, it has grown quickly to serve more than 400 customers with sales in 46 countries worldwide. Please visit SMIT at www.smit.com.cn.

SOURCE SMiT