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Technology Stocks : C-Cube
CUBE 35.87-1.2%Nov 19 3:59 PM EST

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To: John Rieman who wrote (44703)9/13/1999 6:02:00 PM
From: DiViT  Read Replies (1) of 50808
 
ESS Announces Design Win of Windows CE Based Internet Appliance at Legend Computer, the largest PC OEM in China
Venus Computer Targeting China's Internet Appliance Market
FREMONT, Calif., Sept. 13 /PRNewswire/ -- ESS Technology, Inc. (Nasdaq: ESST - news) today announced that Legend Computer Systems Limited (Legend) has selected ESS's VIC (Video Internet Computer) chip set to implement its Venus Computer for the emerging Internet Appliance market in China. The Venus Computer adopted Microsoft Windows CE as the Operating System.

Legend with headquarters in Beijing, China, is the largest name brand PC manufacturer in China, with over US$2.1 billion in revenue and employed over 7,000 people throughout China. Legend has been growing consistently at an annual rate of 40% in the past 5 years.

''Venus Computer signifies a major milestone for Legend to capture the Internet Appliance market opportunities. We are pleased to partner with ESS and Microsoft to launch the Venus Computer to further expand our business from PC market to the emerging Internet Appliance market,'' stated Mr. Jing Hung, Legend's General Manager of Computer Business Unit. ''Legend will bring the Internet access along with entertainment to the living room of general household at affordable price point.''

''We are pleased that Legend is using our VIC platform to address the emerging Internet market in China,'' said Johnston C. Chen, Vice President of Consumer Products and Internet Appliance Group at ESS. ''With company such as Legend and other major OEMs introducing new Home Internet Appliances, it would help accelerate the growth of Internet market in China.''

ESS Technology, Inc.

ESS Technology, Inc. supplies Internet, modem, PC audio and digital video solutions for the Internet, PC and consumer markets. ESS designs, develops, and markets highly integrated mixed signal semiconductor, hardware, software and system solutions for Internet, PC and multimedia applications. ESS, headquartered in Fremont, California, has sales and technical support offices in Austin and Houston, Texas; Irvine, California; Redmond, Washington; Beijing, GuangZhou, and Shenzhen, China; Tokyo, Japan; Taipei, Taiwan; and Hong Kong. ESS Technology is listed on the Nasdaq Market System under the symbol ESST. World Wide Web site: esstech.com .

SOURCE: ESS Technology, Inc.

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