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BarcoNet (www.barconet.com) is a proven leader in providing multimedia distribution solutions for broadband and broadcast applications. BarcoNet's core activities include headends for integrated multi-media services (including digital TV and fast internet), high-speed fiber backbone systems, network management, and digital TV distribution. BarcoNet is splitting off from the Barco Group and plans to list on the stock exchange in November. Barco is headquartered in Kortrijk, Belgium, and has been quoted on the Brussels Bourse Exchange since 1986. The company's 1999 group sales exceeded euro 710 million (US$ 756 million; average rate 1999: 1 euro = 1.065 US$).