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Technology Stocks : Pinnacle Systems (PCLE)

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To: Joe Bruen who wrote (44)3/26/2001 5:45:19 PM
From: Edwin S. Fujinaka   of 45
 
Interesting story on DVD burner based on Pinnacle software:

biz.yahoo.com

Thursday March 22, 6:00 am Eastern Time
Press Release
SOURCE: Pinnacle Systems, Inc.
New Pinnacle Express Software Lets Millions of CD-R Owners Create DVD Player-Compatible Discs
Record Videos on to CDs or DVDs and Watch Them on a DVD Player
MOUNTAIN VIEW, Calif., March 22 /PRNewswire/ -- Pinnacle Systems, Inc. (Nasdaq: PCLE - news), a leader in digital video, today announced Pinnacle Express. Pinnacle Express allows users to convert their video tapes into interactive discs that can be played on most DVD players. In addition to recording DVD discs with DVD-R and DVD+RW drives, Pinnacle Express is unique in its ability to create DVD player-compatible discs using inexpensive CD-R drives and media. Developed in partnership with Philips Consumer Electronics, Pinnacle Express incorporates proprietary DVdisc technology, which allows millions of existing CD-R owners to create, record and share up to 20 minutes of DVD-quality video on inexpensive CD-R or CD-RW discs.

(Photo: newscom.com )
Whether Pinnacle Express discs are used for family videos or corporate video presentations, the quality and convenience of recording a disc and watching it on a DVD player is now within the reach of millions. No more fast-forwarding and rewinding -- Pinnacle Express software automatically creates chapter menus so that users can quickly go to the scenes they want to see, repeat and even freeze the action, all with their DVD player's remote control.

``Express offers a perfect bridge as the world moves from CD-R drives to DVD-R technology. Even without a DVD drive, users can begin authoring DVD-player compatible discs today and are equipped for tomorrow,'' said William Loesch, vice president of business development and product marketing for Pinnacle Systems' Personal Web Video Division. ``Recording video onto DVDs is a compelling new application for home and business PCs. Express is a way for these users to start putting DVD-quality video onto discs now, even while they are waiting for the new DVD+RW drives and media to come down the price curve. I think of Pinnacle Express as 'iDVD for the rest of us.'''

About Pinnacle Express

With Pinnacle Express, users can capture video from a DV or Digital8 camcorder using their PC's Firewire(TM) interface. The software can automatically create scene index menus for each scene in the video. Users can select from a variety of menu layouts and backgrounds or type in a title for each scene. Users can also trim, split, combine, delete or re-order scenes within the menus.

A version of Pinnacle Express supporting output to CD-R and CD-RW drives will be available in the summer of 2001. A version of Pinnacle Express supporting output to DVD recorders will be available in the fall of 2001.

About Pinnacle Systems, Inc.

Pinnacle Systems' broadcast, desktop and consumer products provide video professionals and consumers cutting-edge digital video tools to create, store, distribute and view web enabled digital video easier and more affordably than ever before. Pinnacle Systems may be reached at 650-526-1600 or on the World Wide Web at www.pinnaclesys.com.

NOTE: All trademarks and registered trademarks are the property of their owners and are used for identification or reference purposes only, with no intent to infringe on copyrights.

SOURCE: Pinnacle Systems, Inc.
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