Vialta's Beamer Receives CES Award for Design and Engineering
Wednesday January 15, 8:33 am ET
FREMONT, Calif.--(BUSINESS WIRE)--Jan. 15, 2003--Vialta, Inc. (OTCBB:VLTA - News), developer of unique and innovative home entertainment and communications products, received the Consumer Electronics Association's (CES) "Innovations 2003 Design and Engineering Awards" for its Beamer(TM) Phone Video Station. Beamer instantly adds video to phone calls, enabling users to see the person they are speaking with. Beamer works with any home phone over any standard (analog) phone line, and there is no additional cost to the call.
"We are pleased that Beamer has been recognized for its smart design and ease of use. Consumers find that Beamer is a better, more personable way to stay in touch with the people they care about," said Didier Pietri, president and CEO of Vialta, Inc. "Created and developed entirely in-house by Vialta's engineering and design teams, Beamer is an example of the type of innovative products that Vialta strives to bring to consumers."
Beamer was the top honoree in the telephone category judged by a panel of 30 prominent industry experts. The Industrial Designers Society of America (IDSA) endorsed and acted as advisors to the judges. Product evaluations were based on: value to user, aesthetics, contributions to the quality of life and the product's innovative qualities.
The CES Innovation award is the second honor awarded to Beamer in the last two months. In December of 2002, Beamer received the 2003 Good Housekeeping "Good Buy" Award. The Good Housekeeping Institute's award was based on ingenuity, value and exceptional performance.
Beamer is sold in pairs for $499 USD or as a single unit for $299 USD and is available nationally through Best Buy and Sharper Image; at regional retailers including Good Guys, Fry's, The WIZ and ABC Warehouse, through select distributors and online at www.vialta.com.
About Vialta
Vialta, Inc. develops, designs and markets unique and innovative home entertainment and communications products. Vialta was formed in April 1999 and is publicly traded on the OTC Bulletin Board under the symbol "VLTA". The company is headquartered in Fremont, California with offices in Los Angeles, Toronto, and Hong Kong. More information about Vialta can be found at www.vialta.com.
The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties that may cause actual results to differ materially from those indicated, including, but not limited to, the timely introduction and market acceptance of Vialta's new and existing products, the impact of competitive products, pricing pressures, general economic conditions, and the other risks detailed from time to time in the SEC reports of Vialta, including Vialta's Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q. The forward-looking statements contained herein are made only as of the date of this press release, and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
-------------------------------------------------------------------------------- Contact: Vialta, Inc. Ken Tenaglia, 510/870-3668 ken.tenaglia@vialta-inc.com or Edelman for Vialta Dan Munoz, 650/429-2727 dan.munoz@edelman.com
-------------------------------------------------------------------------------- Source: Vialta, Inc. |