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Technology Stocks : ESST-the new beginning.

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To: SemiBull who wrote (3372)6/10/2002 8:01:04 PM
From: SemiBull  Read Replies (1) of 3493
 
ESS Technology Enables Fujifilm Fujicolor CD Capability in Its Vibratto DVD Solutions

ESS's Vibratto Chips Provide Enhanced Features and Performance For Digital Consumer Imaging Devices

FREMONT, Calif. and TOKYO, June 10 /PRNewswire-FirstCall/ -- ESS Technology (Nasdaq: ESST - News) the world's leading provider of semiconductors and software for DVD players and recorders and Fuji Photo Film Co., Ltd., (Nasdaq: FUJIY - News), one of the world's leading manufacturers and marketers of imaging and information products jointly announced today the introduction of a new feature enabling Fujicolor CD capability in ESS Vibratto(TM) DVD solutions. DVD player manufacturers using an ESS Vibratto chip can now join the Fujicolor CD logo program with Fujifilm.

Consumers using an ESS-powered DVD player can view on their television sets the digital images that they have stored on Fujicolor CDs. Through this initiative, Fujifilm and ESS will promote the growth of the digital photography by enabling users to easily view, rotate, mirror, and flip their pictures and share their pictures, all in the comfort of their living room. Patrick Ang, executive vice president and chief operating officer at ESS Technology stated, "ESS has the most advanced and full-featured DVD solutions in the market today. By combining Fujifilm's infrastructure and services with our digital imaging technology, we look forward to bringing the benefits and enjoyment of digital photography to our DVD customers. Our goal is to provide our customers with high-quality, full-featured DVD players for the rapidly growing digital imaging, digital audio, and digital video consumer electronics markets."

Mr. Yukihiro Shibakawa, divisional manager of digital imaging software development division at Fujifilm stated, "We are pleased to work with ESS Technology, the leading supplier of DVD chips, to take Fujifilm's state-of-the-art digital imaging technology to DVD users around the world. ESS's DVD imaging decoding technology and performance speed meets what end- users experience in the PC world. We believe consumers will enjoy the viewing experience and the convenience that digital imaging brings to their household. With DVD players being the fastest growing consumer electronics product of all time, we expect the ability to view digital images in the living room will help continue the rapid growth of digital photography."

The Vibratto family is ESS Technology's latest products for the digital home system market. The new Vibratto products are single-chip DVD solutions that integrate video DACs and a built-in NTSC/PAL/SECAM TV encoder together with the company's Programmable Multimedia Processor (PMP) architecture to reduce system costs and increase design efficiency. The Vibratto architecture includes two advanced embedded processors: a 32-bit Reduced Instruction Set Computing (RISC) CPU for general system management and a 64-bit Digital Signal Processor (DSP) for audio/video and graphics acceleration. These highly programmable cores provides the most features, functions, and applications in the industry and allows OEM manufactures of DVD and VCD players to be first-to-market with the latest innovations.

About ESS Technology

ESS Technology, Inc., is the leading supplier of high-performance, feature-packed system-on-a-chip solutions for the rapidly expanding DVD and digital consumer entertainment markets. ESS harnesses the full depth and breath of its video, audio and imaging technologies to provide highly-integrated, system-on-a chip products that enable the emergence of digital home systems delivering and managing entertainment and information in the home.

ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices worldwide. ESS Technology's common stock is traded on the Nasdaq under the symbol ESST. ESS Technology's web site address is: esstech.com .

About Fuji Photo Film Co.

Fuji Photo Film Co., Ltd., headquartered in Tokyo, Japan, is one of the world's leading manufacturers and marketers of imaging and information products. The company is Japan's largest producer of photosensitized materials. Fujifilm's products include consumer and professional films and cameras, photofinishing systems, color papers, digital cameras and printers, computer data storage products, graphic arts films, plates equipment and chemistry, audio and videotapes, instant cameras and films, motion-picture films and X-ray films and equipment. Fujifilm's web site address is: fujifilm.co.jp .

The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, the timely availability and acceptance of the Company's new products, the dependence on continued growth in demand for consumer multimedia products, and the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K and Form 10-Q. Actual results could differ materially from those projected in the forward-looking statements.

NOTE: Vibratto and ESS Music Slideshow are trademarks of ESS Technology. All other trademarks used in this news release are the property of their respective owners.

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SOURCE: ESS Technology
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