The last minutes of CUBE recovery may be related to the news that Videonics opened a huge market for Cube.
CAMPBELL, Calif.--(BUSINESS WIRE)--May 21, 1997--Videonics, Inc.
(NASDAQ:VDNX) announced today their intention to show a breakthrough
in digital video capture and playback using an ordinary personal computer.
Scheduled for official introduction at next month's PC Expo in New York,
Videonics Python is the first external real-time MPEG video capture
solution.
With a target list price of less than $400 -- less than half the price of other
high-quality MPEG-1 video capture devices -- Python is destined to revolutionize
the digital video market by making full motion video available to millions of desktop
and laptop IBM-compatible PCs. Plug and Play Python attaches directly to a
computer's parallel port in seconds, making it much easier to install than typical video
capture boards. This parallel port connection also, for the very first time ever, allows
laptop computer owners to capture full motion video. The included software
package makes it easy to use for real-world solutions such as placing video on the
World Wide Web, creating multimedia presentations, or e-mailing video clips.
Real-time MPEG/JPEG Compression Python compresses video using
industry-standard MPEG-1 at a 200:1 compression ratio, for efficient storage and
electronic transmission. MPEG compression is performed by Python's own
hardware, in real-time, for fast use without requiring lengthy processing by high-end
computers. The product also makes it easy to capture and display high-resolution
video stills, stored in standard JPEG format, as easily as it captures and plays back
moving video. "Business and home computer users have been waiting for an easy
and inexpensive way to capture and distribute high-quality full-motion video," noted
Dean Tucker, Videonics Director of Desktop Marketing. "With the simplicity of our
new parallel port plug-in device, even a computer novice can add full motion video
to his or her PC in seconds, at a very affordable price. They won't have to open their
computers to insert an expensive PC card. PC owners can enjoy the benefits of
full-motion high quality video and easily 'V-mail' their videos anyplace in the world,
place them on a web site, or use them for high-impact multimedia presentations." At
PC Expo, Videonics will unveil an extensive suite of programs that will be included
with Python to make it easy for users to use their still and video clips in a variety of
ways. At PC Expo, the company plans to demonstrate working units and reveal
detailed specifications. At the heart of Python's architecture is a new chipset from
C-Cube Microsystems capable of MPEG-encoding NTSC/PAL video at SIF and
QSIF resolutions. Videonics extends and enhances the video processing capabilities
with a custom ASIC that draws on the company's extensive expertise in digital video
post-production technology. Clint Chao, Director of Product Marketing for PC
Products at C-Cube Microsystems, notes: "By combining C-Cube's compression
technology with Videonics' extensive digital video expertise, Videonics has created a
product that greatly simplifies video capture and playback. Now, more people than
ever can enjoy the advantages of video on their computers." Videonics is a leading
manufacturer of high-quality, digital video post-production equipment. Videonics
products include edit controllers, mixers, signal processors, character generators and
software packages that allow computers to interface with video sources and
post-production equipment. Its stock is traded on the NASDAQ National Market
System under the symbol VDNX. Further information on Videonics may be obtained
from the company's SEC filings, or by contacting the company directly. HOW TO
CONTACT VIDEONICS: Main Phone number: 408/866-8300 Fax:
408/866-4859 Product and Dealer Information: 800/338-3348 Product Support:
408/370-9963 E-mail: info@videonics.com Internet World Wide Web:
videonics.com Compuserve: GO VIDEONICS, Compuserve ID
72662,3115
(Copyright 1997) |
