Thursday November 2, 7:04 am Eastern Time
Press Release
Constellation 3D to Host a Series of Broker/Analyst Presentations Including IDC Participation and FMD Video Disc Player Demonstration
NEW YORK--(BUSINESS WIRE)--Nov. 2, 2000--Constellation 3D, Inc. (``C3D'' or the ``Company'') Bulletin Board OTC: CFMD will host a series of broker/analyst presentations:
London, UK on 20 November 2000,
Frankfurt, Germany on 22 November 2000 and
New York, NY on 27 November 2000.
An expert from International Data Corporation (``IDC'') will outline the applicable markets for C3D's Fluorescent Multilayer Disc (``FMD'') technology and analyze the current and expected future sizes of these markets.
C3D will then discuss the initial target markets from which it intends to generate FMD-related revenues and then describe the methods, such as licensing and joint venture agreements by which it intends to commercially exploit its technology.
The presentation will include an FMD Video Disc Player prototype demonstration, in which different video content will be played from each layer.
``We have now reached the stage in our corporate development - having achieved interim funding goals and making progress towards agreements with key strategic partners for the mass manufacture of FMD products - where it is appropriate to present to the professional investment community a more thorough account of our plans for the next few years'', said Dr. Eugene Levich, Chairman & CEO of C3D. ``The revenue potential that will arise from the successful exploitation of FMD technology is enormous and, as we prepare for industrial production of the first FMD products next year, it is an opportune moment to explain the potential revenues we anticipate generating and the means by which we will seek to achieve this for the benefit of our shareholders.''
To coincide with these presentations the company will also be interviewed on NBC Europe's ``Giga'' Show, taped at its studios in Cologne, Germany. The Show, to be aired live on 23 November 2000 throughout Europe, will also include an FMD Video Disc Player prototype demonstration.
FMD Playback Systems for Digital Cinema, HDTV and Personal Video Recorders are currently under development with industry partners and will be demonstrated in the coming months to the Broadcast & Movie Industries. These systems, due for commercial release next year, are based on inexpensive red laser and therefore capable of playing current CD & DVD content. Another system in development includes a playback system based on C3D's credit-card-sized FMC video ``ClearCard'', with a capacity of 5GB per side.
Initial mass-market FMD applications will also include Digital Cameras, Digital Video Camcorders and Recordable (disc & card) Drives for the PC & Laptop markets.
About Constellation 3D, Inc. C3D develops advanced data storage products including the ultra high capacity Fluorescent Multilayer Disc and ClearCard(TM). The company has offices in New York and Massachusetts, and laboratories in California, Israel and Russia. Constellation 3D holds or has made applications for over 80 worldwide patents in the field of optical data storage. More information is available at www.c-3d.net.
About International Data Corporation IDC is a leading provider of technology intelligence, industry analysis, market data, and strategic and tactical guidance to builders, providers and users of information technology. Headquartered in Framingham, MA, the company has offices worldwide. More information is available at www.idc.com.
Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results.
THE SEC AND NASD HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Contact:
Constellation 3D, Inc.
Patrick Maloney, 212/983-1107
SVP Business Development
pmaloney@c-3d.net
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