This does not sound like MVP (it's a PCI add-in card), and it's $299.......................
Check out the Dataquest numbers.
MGI Software Gains Momentum in PC
Video Market with miro OEM Deal; miro
Selects MGI VideoWave for Revolutionary
miroVIDEO DRX Entry-level Digital Video
Editing Solution
TORONTO--(BUSINESS WIRE)--July 7, 1997--MGI Software
Corporation (CANADIAN DEALING NETWORK:MGIS), the world's
leading provider of photo editing software for consumers, today announced
that miro Computer Products, Palo Alto, Calif., is including the company's
new MGI VideoWave with its revolutionary miroVIDEO DRX entry-level
PCI-based digital video editing solution for Windows 95.
For the first time, miroVIDEO DRX with MGI VideoWave provides video
hobbyists, a powerful digital video editing solution at an amazingly low price
of U.S. $299. miro Computer Products is a leading global manufacturer of
advanced multimedia products sold through nine subsidiaries in Europe, Asia
and North America.
"We are pleased to be working with miro, a recognized leader in the video
industry," said Anthony DeCristofaro, president and CEO, MGI Software
Corp. "We're intent on delivering video to the masses. This represents an
outstanding value for consumers looking for an entry-level solution that
combines miro's prominent hardware quality and performance with our
award-winning video publishing software."
miroVIDEO DRX is a complete digital video editing system that lets users
capture analog video from a VCR, laser disc or camcorder, save it to the
computer's hard drive, then rearrange and edit these video clips and add
transitions, special effects and titles. MGI VideoWave makes video
production easy by eliminating the difficult-to-use timeline approach used by
other products.
Its unique Storyline for video composition, powerful editing functionality,
real-time preview with MMX(TM) technology support, lets users easily
combine moving pictures, animation, graphics, photos, sound, music and
narration to "tell a story" in video. Users can work with and create AVI,
QuickTime and MPEG movies and output their final video sequence back
to video tape, external video monitor, television or as on-demand streaming
video for the Internet.
"MGI's award-winning software represents a breakthrough in video
production," said Michael Kuehn, president, miro Computer Products. "Its
combination with our new affordable miroVIDEO DRX hardware delivers
unprecedented ease-of-use and functionality for consumers."
According to the industry research firm Dataquest of San Jose, Calif., total
worldwide shipments of video cards that include a video capture capability is
expected to grow from an estimated 14,996,000 units this year to
36,388,000 units for the year 2000. The estimates include a range of
different products from low-end to high-end video capture cards, cards with
a TV tuner capability and adapters that combine 3D, video capture, and
graphics acceleration. MGI Software has released several OEM versions of
VideoWave to address the burgeoning video capture market.
First released in April 1996, MGI VideoWave has quickly captured industry
attention with PC Magazine's coveted Editors' Choice Award in a recent
video editing software round-up and a Byte Magazine's Best of Comdex
Finalist award in multimedia. The worldwide OEM license with miro
Computer Products represents the second deal in as many weeks for MGI
Software propelling VideoWave's popularity into the world's leading video
publishing software.
About miro Computer Products
miro Computer Products is the leading global manufacturer of advanced
digital video editing products designed to accelerate the movement of
information and ideas. miro has a thirteen year history of award-winning
digital video editing, multimedia, communications, CAD and graphics
products. miro sells to distributors, OEMs, systems integrators and VARs
through nine subsidiaries throughout Europe, Asia and North America. For
more information contact miro Computer Products at 955 Commercial
Street, Palo Alto, CA 94303; phone: 800/249-6476, email: info@miro.com,
or World Wide Web: miro.com .
About MGI Software
Founded in 1995, MGI Software's mission is to "change the way you picture
the world" by revolutionizing the way people use photos, videos and other
multimedia on their computers and the Internet. The company's
award-winning product line includes MGI PhotoSuite, MGI VideoWave,
MGI 3DVision, and MGI Calamus Publisher. Its customers and partners
include Sony, Hitachi, Packard Bell, Konica, Panasonic, Sanyo, miro,
Iomega and Kodak. In a recent Dataquest report, MGI Software was
ranked the world's leading supplier of consumer photo editing software for
Windows. The company shipped more than 5 million units of its PhotoSuite
brand in 1996, and retains about 85% of the worldwide OEM market. MGI
Software (http://www.mgisoft.com) is publicly traded on the OTC market in
Toronto and based in Richmond Hill, Ontario. The company can be
contacted at 905/764-7000.
Note to Editors: MGI, MGI PhotoSuite, MGI VideoWave, MGI 3DVision,
and MGI Calamus Publisher are trademarks or registered trademarks of
MGI Software Corp. miro is a trademark of miro Computer Products AG.
All other company and/or product names are trademarks and/or registered
trademarks of their respective manufacturers.
CONTACT: MGI Software Corporation
Shelly Sofer, 905/707-3609
shellys@mgisoft.com |
