Sigma Designs' REALmagic Hollywood Plus DVD Decoder Specified in $300 Million
U.S. Army PC-3 Contract; PC Systems to Meet Worldwide Army Requirements
Business Editors/Technology Writers
MILPITAS, Calif.--(BUSINESS WIRE)--July 28, 1999--Sigma Designs,
Inc. (Nasdaq: SIGM), a recognized leader in digital video solutions
for personal computers, announced today that its award-winning
REALmagic Hollywood Plus DVD decoder is specified in the
recently-awarded three-year, $300 million, dual award U.S. Army
Personal Computer-3 (PC-3) contract.
The U.S. Army CECOM (Communications and Electronics Command)
awarded the contract to Government Technology Services, Inc. (Nasdaq:
GTSI) and Intellisys Technology Corporation (ITC).
Under the contract, GTSI will provide Hewlett-Packard desktop
computers, which may be purchased or leased, as well as a broad range
of peripherals and software. ITC will provide desktop personal
computer systems from Compaq Computer Corporation (Nasdaq: CPQ) to
meet Army requirements in the 50 states, the District of Columbia,
U.S. Territories and Commonwealths, and Overseas U.S. Government
installations. The contract is also available to all Federal agencies
(Department of Defense and civilian agencies). Hollywood Plus is
available for every PC shipping with a DVD drive.
The DVD Video Group has stated that DVD sales were up 300% in the
first half of 1999. The burgeoning demand for DVD hardware is
reflected in the DVD Forum's projection that sales of DVD-ROM/RAM
drives alone will reach $16 billion by 2001.
"This award is a validation of CECOM's commitment to provide the
Army with the best technology to perform its mission," said Scott
Reynolds, ITC Executive Vice President. "We are pleased to partner
with Sigma Designs, as its DVD technology represents the high level of
quality, integrity, and innovation that we intend to provide our
clients."
"Both GTSI and ITC specified hardware DVD decoding from Sigma
Designs in their winning proposals--there is no current comparable
product available today that can match the features and price of
Sigma's REALmagic DVD implementation on PCs," stated William K. Wong,
Sigma's vice president of marketing.
"For this reason, the winning contractors felt that Army units
and other Federal agencies require hardware DVD technology to perform
their respective missions. We have established strong marketing
programs with GTSI and ITC to promote the REALmagic Hollywood Plus
hardware solution to their customers. We are honored to work with GTSI
and ITC on this three-year contract. The fact that both firms selected
our DVD decoder chip confirms our belief that hardware DVD solutions
meet customer requirements for seamless DVD playback in a
multitasking, interactive environment," Mr. Wong concluded.
About Sigma Designs:
Sigma Designs is an acknowledged leader in the fast-growing
digital video market. The company focuses on meeting the growing
demand for Internet-based digital video delivery and hardware video
encoding/playback solutions for business, home, and education markets.
Sigma specializes in digital video decoding for the PC DVD market, for
video streaming over corporate Intranets and extranets, and in the
emerging set-top box/information appliance market. Sigma is a driving
force in advancement of the digital video technology used in
high-speed, high-bandwidth transmission. Sigma Designs' products,
marketed under the REALmagic trade name, are sold worldwide through a
direct sales force, distributors, and original equipment manufacturers
(OEMs). For more information, visit the Company's web site at
sigmadesigns.com.
Editors and Analysts: For additional information, photographs and
interviews, please contact Andy Marken, marken@cerf.net or
408/986-0100.
This press release contains forward-looking statements, including
statements regarding the PC-DVD market.
REALmagic and Hollywood Plus are trademarks and Sigma Designs is
a registered trademark of Sigma Designs. Other products and companies
referred to herein are trademarks or registered trademarks of their
respective companies.
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CONTACT: Sigma Designs, Inc.
Carol B. Kaplan, 408/957-9891 (Investor Relations)
carol_kaplan@sdesigns.com
or
Marken Communications
Andy Marken, 408/986-0100 (Media Contact)
marken@cerf.net
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED INTERACTIVE/MULTIMEDIA/INTERNET
COMPUTERS/ELECTRONICS GOVERNMENT
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