Company Press Release
SOURCE: MGI Software Corp.
MGI Secures Licensing Agreement with Epson; MGI Imaging Solutions Ship with New 3.3 Megapixel Digital Cameras
CAMPBELL, CA, and TORONTO, ON, May 25 /CNW-PRN/ - MGI (TSE:MGI - news), an e- commerce imaging leader, today announced that Seiko Epson Corp. will ship PhotoSuite III SE and Photovista 1.3 with the new Epson PhotoPC 3000Z digital cameras in Europe and Asia. The Epson PhotoPC 3000Z captures 3.3 megapixel still photos, which optimizes output quality for home printing and photo finishing at photo retailers. It also includes 16Mb of Flash memory, a 3x optical zoom, and USB high-speed transfer to eliminate lengthy upload times associated with regular serial port connections. The addition of MGI PhotoSuite III will immediately provide photo editing, publishing, and sharing capabilities, while Photovista will allow users to create 360 degrees panoramas from their photos to email or post to the web. The camera will cost US$999, and will be available in May. No other terms were disclosed.
``We have provided consumers with exactly what they've been asking for all along,'' said Koichi Kubota, General Manager, Branded Products Marketing and Sales, Seiko Epson Corp. ``This is a digital camera that not only captures pictures at a higher quality than film-based cameras, but includes user friendly software that allows them to quickly and easily create projects, as well as touch-up, perfect, and share their photos online and offline. I think it's fantastic that we are able to bundle this amazing camera with the latest award-winning PhotoSuite product from MGI Software.''
Cameras like the Epson PhotoPC 3000Z are among the first to capture in a high enough resolution for consumers to produce superior quality 8``x10'' prints as well as rich images for the Web. These third generation cameras, combined with third generation, feature-rich photo software such as PhotoSuite III, produce outstanding results for consumers, and outstanding demand in the market for both hardware and software technology.
``The 3.3 megapixel camera is a major milestone and will propel the digital photography market further,'' said Anthony DeCristofaro, president and CEO, MGI Software. ``Now that digital technology has surpassed the traditional 35mm technology, more and more people will go digital and MGI is in a strong position to reap the rewards. We will continue to work aggressively to ensure MGI's PhotoSuite line of products remains the package of choice for both OEMs and consumers.''
MGI PhotoSuite III- Platinum Edition, the complete PC & Internet photography power pack, is the latest version in MGI's award-winning line of photo software for home and business users. PhotoSuite III allows users of any experience level to effortlessly employ a commanding lineup of features to get, edit, enhance, organize, present, share, and print photographs. Seamless Web integration connects them to a host of online imaging activities. Users can share photos, creations and slide shows through email, utilize online photo-finishing services, and even automatically upload and share photos at a password protected web page for free at (http://www.GatherRound.com).
MGI Photovista is the easy way to create immersive Web panoramas that engage visitors, holds them longer, and keeps them coming back. From sky to floor and through 360 degrees left and right, Photovista panoramas give Web visitors the whole picture that they can even pan and zoom. The software is ideal for real estate, travel, retail, art, entertainment, and corporate Web sites, and requires no special hardware or training.
About Seiko Epson
Founded in 1942, Seiko Epson Corporation developed the world's first printing mechanism for the 1964 Tokyo Olympics and is today a global leader offering a wide range of color digital imaging products (including printers, scanners, digital cameras and LCD projectors), electronic devices (such as LCDs, CMOS LSIs, quartz devices) and precision products (such as watches and optical products). The EPSON Group consists of 60 affiliates in 29 countries and recorded consolidated annual sales of US$8,760mil for the fiscal year ending March 31, 1999. For more information, please visit Seiko Epson's website at epson.co.jp.
About MGI Software
MGI (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 interactive viewing. As digital imaging and video become commonplace, it will be MGI technologies that are behind the scenes making it work. With headquarters in Richmond Hill, Ontario and Campbell, California, MGI employs over 250 people with offices in North America, Europe, Pacific Rim, and Japan. MGI is publicly traded on The Toronto Stock Exchange under the symbol ``MGI''.
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SOURCE: MGI Software Corp. |
