The Real Deal,
Oak is making a comeback move! They should be a valid DVD "player".
R.
biz.yahoo.com
Wednesday August 26, 9:32 am Eastern Time
Company Press Release
Oak Technology Partners with Orion, Japan's
Leading Home Video Products Manufacturer, on its
DVD Solution
The OTI-226 Delivers MPEG Decoding, Dolby Digital Audio and Video Copyright Protection to
Orion's New Line of Consumer DVD Players
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 26, 1998-- Oak Technology (NASDAQ:OAKT - news), a provider of
high-performance semiconductors for consumer electronics, today announced that its OTI-226 DVD decoder chip has been
designed into Orion Electronic Company's new line of home DVD players.
Orion's DVD player is currently shipping in Asia with production shipments worldwide targeted for September 1998. By
utilizing the OTI-226's ability to support both DVD and VideoCD (VCD) titles, Orion's DVD player provides a ''theater-like''
experience at home for both movie viewing and Karaoke applications.
Orion is a leading provider of home entertainment systems in Japan and one of the world's top two manufacturers of
videocassette recorders (VCRs). The company's full-featured DVD player is targeted toward the mainstream DVD market.
Orion chose the OTI-226 solution for its debut DVD player offering because of its outstanding video and audio quality, high
level of integration, and ability to handle a wide range of media content. The OTI-226 supports 2-channel mix-down of Dolby
Digital audio streams and provides both digital and analog outputs for audio. In addition to audio and video decoding, the
OTI-226 has a sophisticated full-screen, on-screen display for presenting user options and navigational data.
Utilizing advanced error correction and concealment, the OTI-226 enables the Orion DVD player to provide a high level of
DVD and VCD media compatibility. Multiple video formats such as Letterbox, Pan & Scan, and unaided 3:2 pulldown are also
supported by the solution, so that studio-quality movies can be viewed on a standard television set.
''Orion brings to the DVD arena strong distribution channels and brand recognition,'' said Paul Vroomen, president of Oak
Technology's Consumer Group. ''We believe that these proven strengths, combined with Oak's high-performance DVD silicon,
will deliver affordable, high-performance DVD players to the consumer.''
The newly established Consumer Group at Oak develops integrated circuits for the digital television (DTV) markets, including
silicon for video-disk players (VCD and DVD) and cable, satellite and terrestrial set-top boxes.
The foregoing statements may consist of forward-looking statements that involve risks and uncertainties. These statements may
differ materially from actual future events or results. Factors that could cause actual outcome to differ materially from those set
forth include, without limitation, the rate of adoption of new technology, market acceptance of the product, competitive pricing
actions and marketing programs, among others. For a discussion of such risks, see the Company's most recent SEC form 10-K
and 10-Q.
About Oak Technology
Founded in 1987, Oak Technology, Inc. designs, develops and markets high-performance semiconductors and related software
to original equipment manufacturers (OEMs) worldwide who serve the optical storage, consumer electronics, and digital office
equipment markets.
Oak has subsidiaries in Japan (Oak Technology K.K.); Taiwan (Oak Technology, Taiwan); Andover, Mass. (Pixel Magic,
Inc.); and Bristol, England (Oak Technology Limited). Additional information about Oak Technology and its products can be
found on the World Wide Web at www.oaktech.com.
About Orion Electronic Company
Orion Electronic Co., Ltd. has a 40-year history of producing large- and small-screen color televisions for the U.S. and
European markets, videocassette recorders and players, combination CTV/VCR units, computer monitors and camcorders.
The company is based in Japan and sells its products throughout the world to customers such as Wal-Mart in the U.S.A and
major Japanese OEMs. For more information on Orion, visit their web site at www.orion-electric.co.jp/english.html.
Note to Editors: Oak Technology and the Oak logo are registered trademarks of Oak Technology, Inc. Pixel Magic is a
trademark of Oak Technology. All other product names or company names are mentioned for identification purposes only, and
may be trademarks of their respective owners.
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