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Technology Stocks : ESST-the new beginning.

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To: Return to Sender who wrote (3326)3/28/2002 8:47:29 AM
From: Return to Sender   of 3493
 
ESS Technology Announces Its Visba2 Next Generation VCD Solution

biz.yahoo.com

FREMONT, Calif., March 28 /PRNewswire-FirstCall/ -- ESS Technology, Inc. (Nasdaq: ESST - news), a leading provider of silicon solutions for digital video, digital home systems, and home networking solutions announced today Visba(TM)2, the second generation of its Visba family of VCD processor chips. With Visba2 VCD, ESS once again expands the horizon for VCD performance.

Visba2 incorporates innovative features such as: SmartBright(TM) for movies, Kodak Picture CD playback, SmartColor(TM) for JPEG imaging, Karaoke CD+G playback, Karaoke Voice Recording, Karaoke Scoring, Audio Graphics Equalizer, and Audio CD-Text. With ESS SmartBright, dark movies can now be brightened and viewed with clarity in real-time. The Kodak Picture CD feature allows users to enjoy their digital images in the comfort of their own home. ESS SmartColor brings out the natural skin color of portraits without changing the background colors.

For added Karaoke enjoyment, Visba2 allows singers to have their singing recorded and displayed on-screen through the 7-band Graphics Equalizer and receive a karaoke score reflecting their singing accuracy.

With audio CD-Text of Visba2, listeners can now see on their TV screen the track title, the name of the artist, and the composer name of the CD track they are listening to.

Patrick Ang, executive vice president and COO at ESS Technology stated, ``ESS continues its track record for innovation and leadership in home entertainment. The VCD market continues to be robust with expansion throughout the developing countries of the world. ESS is the leading supplier of chips to the VCD market and with the new Visba2 solution, VCD products become more powerful and more fun. These new features are available now, and only in the ESS Visba2 solution.''

About ESS Technology

ESS Technology, Inc., is a leading supplier of high-performance feature-packed chips for the rapidly expanding DVD and digital entertainment markets. The company is also a leading provider of solutions for applications in the growing consumer entertainment market. ESS provides advanced products that enable the emergence of digital home systems that deliver and manage entertainment and information in the home.

ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices worldwide. ESS Technology's common stock is traded on the Nasdaq under the symbol ESST. ESS Technology's web site address is: esstech.com .

The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties, including, but not limited to, the possible reduction of consumer spending occasioned by terrorist activity and armed conflict, the timely availability and acceptance of the Company's new products, the impact of competitive products and pricing, the dependence on continued growth in demand for PC and consumer multimedia products, the fact that the initial determinations described herein are subject to further review and appeal, and the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K and Form 10-Q. Actual results could differ materially from those projected in the forward-looking statements.

SOURCE: ESS Technology, Inc.
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