NEWS RELEASE: Monday January 24, 6:00 am Eastern Time
Company Press Release
SOURCE: MGI Software Corp.
MGI Software Chosen to Debut New Imaging Technology for the
"Internet Age" at Demo 2000, Computer Industry's Premiere Technology Showcase
TORONTO, Jan. 24 /CNW-PRN/ - MGI Software Corp. (TSE:MGI - news), an established market leader in E-commerce imaging and digital
video, today announced that it has been invited to showcase its latest Internet imaging technology at Demo 2000, which is widely regarded as
the event that provides a window into the technologies and products that will shape the consumer and corporate technology market in the
following 12-18 months. Demo's reputation and elite status attracts 950 of the computer industry's top-tier investor relations firms, venture
capitalists, Fortune 500 company representative and business development executives, as well as some of the most influential members of the
press. Under the rules of participation, MGI is not permitted to disclose the details of the technology to be showcased prior to its introduction
at the Demo 2000 Conference.
``There is no greater launch pad for a product or technology than Demo 2000,' said Anthony DeCristofaro, president & CEO, MGI Software.
``This is not simply an honor, it is a significant accomplishment. I have every confidence that MGI will emerge from Demo as the company that
is once again redefining the future of imaging.'
MGI's introduction is one of only 81 products to be showcased at Demo 2000. These privileged few were personally screened and selected by
Chris Shipley, editor and publisher of DemoLetter and executive producer of the Demo conferences for IDG, from over 1000 submissions. All of
the 82 products chosen have never before been seen publicly. MGI's Demo 2000 appearance marks the third consecutive year the company has
been selected.
About Demo 2000
Demo 2000, to be held February 6-9, 2000 at the Renaissance Esmeralda Resort in Indian Wells, Calif., will highlight the most influential
technologies of the nineties and the brightest promises of the future. Each year, the Demo Conference identifies the most significant new
products and trends to come to market and invites technology business leaders to join in the conversation around these products and trends.
About MGI Software
MGI Software (www.mgisoft.com) is a pioneer and established market leader in E-commerce imaging and digital video. Its early focus on
delivering imaging and video technology to the mass market has led to an ever-growing network of partnerships with major consumer
electronics manufacturers, computer hardware and software vendors, photo retailers, media companies, and e-businesses. The Company's
intellectual property spans many aspects of imaging and video, including content creation and editing, content encoding and decoding,
Internet distribution systems, Web printing, and online navigation or Zoom. As digital imaging and video become commonplace, it will be MGI
Software's technologies that are behind the scenes making it work. MGI Software employs over 230 people with offices in North America,
Europe, Pacific Rim, and Japan. MGI Software is publicly traded on The Toronto Stock Exchange under the symbol ``MGI'.
MGI Software's equity partners include Intel Corporation (Nasdaq:INTC - news), the world's largest chipmaker, Perseus Capital, a leading U.S.
investor in e-companies; Trans Cosmos (Nikkei:9715 JP), a leading Japanese IT firm with investments in NetPerception, Nielsen NetRatings,
AutoByTel, WitCapital, RealNetworks and DoubleClick; and, Zoran (Nasdaq:ZRAN - news), a leader in integrated circuits and intellectual
property cores for digital audio and video applications enabled by compression.
(c) MGI Software Corp., 2000. MGI is registered trademark of MGI
Software Corp. All other company and/or product names are
trademarks and/or registered trademarks of their respective
manufacturers.
SOURCE: MGI Software Corp. |
