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Technology Stocks : Avid Technology

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From: GARY P GROBBEL12/28/1999 10:32:00 AM
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By: emil
Reply To: 38 by excavator
Tuesday, 28 Dec 1999 at 10:27 AM EST
Post # of 39

AVID investors may want to take a look at a competitor, Accom Corp...ACMM OTC BB
fully filing. They just started shipping their new Affinity product and my opinion only is that
the company will do well this coming year...trading around 9/16:
Accom Ships AFFINITY(TM) NLE System
MENLO PARK, Calif., Dec. 23 /PRNewswire/ -- Accom, Inc. (OTC Bulletin Board: ACMM
- news) today announced that
it has begun shipping its new AFFINITY nonlinear editing (NLE) system and
Dimension.8(TM) software to both domestic and
international customers. AFFINITY is a real-time uncompressed digital 601 editing,
effects, compositing, and finishing system
designed for high-end broadcast television and video post production.
AFFINITY features five simultaneous real-time streams of uncompressed or compressed
video (Background, embedded
Background Key, Overlay, embedded Overlay Key, and Title). Compressed and
uncompressed clips can be mixed in any
project, allowing the user to optimize image quality vs. storage time for each job.
AFFINITY also offers a new real-time
frame-based, motion-adaptive Abekas© DVE and DveousFX© with warps, lighting, and
texture effects, offering significantly
higher picture quality than field-based DVEs in competing NLE systems.
AFFINITY is designed to meet the demanding needs of creative professionals seeking a
powerful system at half the price of
other uncompressed NLEs with real-time DVE.
AFFINITY's new Dimension.8 software offers precise editing features like true three-point
insert / over-write / fit-to-fill editing,
clip pinning and track locking, all while maintaining the simplicity of ``drag & drop'
editing. Dimension.8's new clip grouping
allows even non-contiguous elements from any combination of tracks to be joined, then
moved or saved as a single element. A
new Project-oriented interface also offers full search & sort to simplify management of
elements, especially in long-form
projects.
AFFINITY is based on a unique new architecture that allows the AFFINITY Media
Processor to connect via a single PCI slot
in the host PC. AFFINITY and it's real-time hard drives actually reside on the host PC's
system PCI bus, providing
extraordinarily fast access to AFFINITY files by any other application on the host PC. The
AFFINITY Media Processor
handles all real-time NLE video processing, with no burden on the host PC's CPU. Its
Fully Visible File System also allows the
user to choose any network topology or protocol supported by the host PC. And
AFFINITY clips are stored in native
QuickTime format, which provides seamless interchange with all leading graphics and
effects applications. Multiple users on the
network can collaborate easily on any project, with simple file sharing between PCs and
applications, and with NO proprietary
networking hardware or software required.
AFFINITY allows its users to digitize either uncompressed or compressed (2:1 up to
35:1) on a clip-by-clip basis. It is a
platform-independent design that will ship initially with software for the Macintosh, with
WindowsNT support coming in 2000.
AFFINITY's open architecture and open QuickTime file system allow every user to choose
the most creative tools available
for each production. No other NLE system offers the real-time speed, power, and
flexibility of Accom's new AFFINITY.
Revenues for the nine months ended September 30, 1999, were $26.7 million compared
to $8.5 million for the nine months
ended September 30, 1998. Net loss for the nine months ended September 30, 1999,
was $898,000 or $0.09 per share
compared to net loss of $3.0 million or $0.45 per share for the nine months ended
September 30, 1998.
Accom, headquartered in Menlo Park, California, designs, manufactures, sells, and
supports a complete line of digital video
production, recording and editing tools, and the ELSET virtual set systems, for the
worldwide professional television
production, post production, broadcasting, and computer video marketplaces.
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