OpenTV Gains Again

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OpenTV (OPTV) was up 18.8% in late morning, rising for the second consecutive session after announcing that it has supplied technology to Australia's first commercial interactive television service.

Open TV said Monday that it is providing client-server technology and development tools to assist Austar United Communications with its launch of a range of interactive TV applications.

Austar's previously announced plans to provide a range of communication and entertainment services to users of more than 300,000 set-top boxes in a service area with 2.1 million homes.