Ravisent Offers PC Users the Ability to "Time-Shift" Live TV
LAS VEGAS--(BUSINESS WIRE)--Jan. 8, 2000--RAVISENT Technologies Inc. (NASDAQ: RVST), a provider of digital audio and video software solutions, today at the 2001 International CES, announced the release of CinePlayer DVR 3.0. CinePlayer DVR 3.0 gives PC users the ability to pause, replay, rewind and fast-forward live TV. CinePlayer DVR 3.0 uses MPEG1, MPEG2 and ASF encoding technology.
"CinePlayer DVR 3.0 is the ideal solution, making it easy for anyone with a TV Tuner in their PC to pause, rewind and skip forward live TV shows," said Sebastian Pistritto, VP Marketing for RAVISENT. "CinePlayer DVR, combined with our CinePlayer Editor and CinePalette products, offers one of the most complete MPEG video capture, editing and publishing solutions in the marketplace."
Utilizing most Conexant 848/878 based TV tuner solutions, CinePlayer DVR 3.0 supports time shifting with processors as low as 500Mhz. Windows 98, Millennium Edition and Windows 2000 are supported using WDM device drivers. CinePlayer DVR can record and time-shift NTSC and PAL video standards, composite input and s-video input. Recording formats include MPEG-1, MPEG-2 and Microsoft's Advanced Streaming Format (ASF). The product includes a Video Library (play list) for recorded video segments, a scheduler system and file playback of MPEG-2 and all Microsoft DirectShow supported formats.
CinePlayer DVR 3.0 is a high performance, software based solution designed to take the digital signal from a TV tuner card and record, in real-time, the entire TV program in the background as MPEG file. RAVISENT offers the DVR technology to PC OEMs and Consumer Electronic OEMs who can leverage this technology enabling "replay" functionality as part of a complete solution.
PC users can purchase the CinePlayer DVR 3.0 directly via the RAVISENT retail site at ravisentdirect.com.
About RAVISENT Technologies Inc.
RAVISENT provides digital video, audio and Internet appliance technology to industry leading PC, Consumer Electronic and Internet Appliance OEMs, empowering them to deliver highly competitive, cost-effective products with a strong time-to-market advantage. RAVISENT software and intellectual property is contained in products from Compaq, Dell Computer, Gateway, Hewlett-Packard, Micron, Elsa, Matrox, Iomega, Fujitsu, Quantex, Sony, Tottori-Sanyo, Vestel, ATi Technologies, C-Cube, STMicroelectronics, Telecom Italia, Met@box, Formenti and IPM. Founded in 1994, RAVISENT is a global company, headquartered in Malvern, Pennsylvania, with offices in San Jose, Seattle, Canada, Germany and Japan. More information about RAVISENT is available at www.ravisent.com.
All companies and product names mentioned herein are for identification purposes only and may be trademarks and/or registered trademarks of their respective companies.
This press release may contain certain forward-looking statements that relate to RAVISENT's future business and financial performance. Such statements are subject to a number of risks and uncertainties that may cause the actual events of future results to differ from those discussed herein. Such factors include, among others: RAVISENT's recent change in its business model, its limited operating history, fluctuating quarterly operating results, expectation of future losses, anticipated price declines in products, dependence on its current product lines, dependence on a small number of customers, lack of long-term commitments with customers, dependence on manufacturers and strategic relationships, product delays, the difficulty of protecting proprietary rights, the ability to manage growth and attract and retain additional personnel, the potential for defects in its products, risks from international operations, its ability to raise capital in the future, its dependence on the personal computer and consumer electronics industries, competition, its ability to manage technological change and respond to evolving industry standards, government regulation and Year 2000 software issues. Investors are advised to read RAVISENT's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Factors Affecting Operating Results," for a fuller discussion of these and other risks and uncertainties.
Copyright(c)2001 RAVISENT Technologies. All rights reserved.
CONTACT:
RAVISENT Technologies Inc.
Lori Crenny, 610/408-7494
lcrenny@ravisent.com |
