(COMTEX) B: SC&T and VM Labs Co-Operatively Announce Exciting New Lin
B: SC&T and VM Labs Co-Operatively Announce Exciting New Line of NUON Designed
Peripheral Products
SCOTTSDALE, ARIZ. (May 10) BUSINESS WIRE -May 10, 1999--SC&T
International Inc., (OTC BB:SCTUD) and VM Labs Inc., of Mountain View,
Calif., co-operatively announced Monday a strategic licensing
partnership for the forthcoming NUON technology platform.
SC&T has entered into a licensing agreement with VM Labs, to launch a
new line of peripheral products supporting the NUON technology. Initial
products will focus on SC&T's Per4mer(R), Ultimate Per4mer(R), and Air
Racer(TM), racing wheel and game controller products. These NUON
specific products by Per4mer, will be targeted at the retail mass
market channel.
The NUON architecture is expected to achieve more than fifty (50%)
percent market penetration in worldwide sales of DVD players by the end
of the year 2000. It is expected that the technological advances found
in DVD players will replace the current VCR products.
NUON technology is designed to be embedded into the next generation of
digital video products such as DVD players and set-top boxes. The
powerful NUON processor provides the raw horsepower to decode digital
video and audio, while delivering advanced trick modes and an enhanced
user interface.
At the same time, the NUON operating system provides a powerful
platform for interactive content, Hybrid DVD movies, 3D video games and
many other applications.
Jamie Copland, SC&T's chairman & chief executive officer stated, "We
hope that over the next three to five years that our Per4mer NUON
peripheral products will be found in the family and living rooms of
every home across America.
Despite the excitement and revenue opportunities associated to the PC
and video gaming arena, it pales in comparison to the mass market of
the consumer electronics category, where unit sales of TVs, VCRs, CD
players and home stereo systems are in the hundreds of millions.
NUON products are targeted at this much broader consumer market and
will augment, and not compete with, the existing PC and Game Console
categories."
Don Thomas Jr., of VM Labs stated, "We selected SC&T International Inc,
because our primary focus in choosing business partners is to examine
the standards of quality and customer support offered by those
companies. SC&T clearly surpasses such expectations by demanding
quality components, arranging precise manufacturing and expeditiously
attending to all customer issues."
Thomas further stated, "SC&T is growing and has proven that they are a
hard working innovative company, often setting new standards and trends
by adding features to their products. They also have a track record for
investing great resources to issues such as ergonomics and customer's
requests. VM Labs is very excited about this new alliance with SC&T
International Inc."
Copland commented, "This is a great partnership, the talent and
technology at VM Labs is awesome. They have the future in their hands
today. Both our companies share a common vision in wanting to shape the
future of this industry.
SC&T's reputation for innovative products and its desire for partnering
alliances is rapidly growing within the industry. This is ground zero.
The future potential for SC&T's line of Per4mer-NUON peripheral and
accessory products is virtually limitless."
SC&T will have prototype products on display at the VM Labs Exhibit at
this month's E-3 show in Los Angeles. VM Labs, Concourse Hall, Booth
No. 5018.
SC&T International Inc., develops and markets racing wheels, game
controllers and sound enhancement products for the rapidly growing PC
and video game arenas. Developer of the world's first Force Feed Back
racing wheel, the company also holds patents, and receives licensing
revenues for these technologies.
SC&T's Air Racer(TM), Per4mer(R), and Ultimate Per4mer(R), are the
world's fastest growing brand names for video game and PC accessory and
peripheral products. SC&T has wholly owned subsidiaries in Hong Kong
and Europe, with strategic marketing alliances in Canada and South
America. For further information visit SC&T's website at
www.per4mer.com.
VM Labs, based in Mountain View, Calif., was founded in 1994. NUON
technology represents a new standard in interactive entertainment. It
provides casual and hardcore video gaming and interactive content,
combined with Internet access, delivered in tandem with mass-market
movie and video entertainment.
Analysts predict that digital video will replace the current analog
method over the next five to 10 years. VM Labs and their partners are
poised to achieve total market penetration for interactive
entertainment with NUON-enhanced digital video products; the same way
televisions and VCRs are now available in virtually every home in the
nation.
For more information, visit VM Labs website at vmlabs.com
-0- twt/ix*
CONTACT: SC&T International Inc., Scottsdale
James Copland, 602/368-9490
or
VM Labs, Mountain View
Peripherals Licensing & Promotions
Donald A. Thomas Jr., 650/917-8050
KEYWORD: ARIZONA CALIFORNIA INTERNATIONAL ASIA PACIFIC CANADA EUROPE
LATIN AMERICA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET ENTERTAINMENT Today's News On The Net
- Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story *** |
