C-Cube Message Board - Msg: 5490635

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Technology Stocks : C-Cube

CUBE 36.64

-0.5%

Dec 5 9:30 AM EST

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To: Stoctrash who wrote (35175)	8/13/1998 4:46:00 PM
From: John Rieman	of 50808

Spatializer earnings report. They pin their future on C-Cube and Toshiba........................ biz.yahoo.com Michael Bolcerek, president of the company's audio subsidiary, Desper Products Inc. (DPI) commented: ''It is exciting to see the growth in digital audio, and the leadership position the company is taking with its partners to deliver digital audio to the consumer. Our licensing arrangements with Toshiba and C-Cube for our digital audio technology, N-2-2, offer significant ongoing revenue potential as this market grows in the second half of 1998 and beyond.... ...Henry R. Mandell, senior vice president, finance and CFO, concluded: ''It is most encouraging to see DPI's royalty and licensing revenues increase 49 percent over the comparable period last year and to have received our first MDT revenues. Our design wins for the incorporation of our technologies into both the Toshiba and C-Cube products strategically position the company for significant recurring royalty revenue if sales of DVD players accelerate, as the consumer electronics industry predicts. ''However, we continue to require capital to cover our significant commitment to MDT, to support the other efforts we are pursuing at DPI and to translate these efforts into stockholder value.''

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