Vialta's Beamer Joins Hollywood Stars at this Year's Oscars
Monday March 17, 8:40 am ET
Consumer Product that Adds Video to Phone Calls Included in Academy Gift Baskets
FREMONT, Calif.--(BUSINESS WIRE)--March 17, 2003--Vialta Inc.'s (OTCBB:VLTA - News) Beamer(TM), the first Phone Video Station(TM), will be featured in the gift baskets given to presenters and performers at the 75th Academy Awards® on March 23, 2003. Each of the 125 participants will receive a Beamer dual pack: one to keep, and one for them to give to a family member or friend.
Source: Vialta, Inc.
Beamer instantly adds video to phone calls, giving Beamer owners a better, more personal way to keep connected with the people they care about, when they can't see them in person. Beamer works with any home phone over a standard (analog) phone line, and there is no additional cost to the call.
"We are thrilled that Beamer was selected to be in this year's Academy Awards gift baskets," said Didier Pietri, President and CEO of Vialta, Inc. "Beamer is helping people stay in touch, by allowing them to share in both commonplace events and special occasions on a daily basis. For those in the entertainment industry, Beamer is an ideal way to stay in touch with family and friends when traveling or far away on location."
Beamer has received numerous accolades since it was launched. Most recently, Good Housekeeping awarded Beamer its prestigious 2003 "Good Buy" Award, based on ingenuity, value and exceptional performance. At the Consumer Electronics Show (CES) in January, Beamer received the Consumer Electronics Association's 2003 "Best of Innovations" award in the telephone category for its value to users, aesthetics, contributions to the quality of life and the product's innovative qualities.
Beamer is sold in pairs for $499 USD or as a single unit for $299 USD and is currently available nationally through Best Buy and Sharper Image; at regional retailers including Good Guys and Fry's, 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, 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.
Note: A photo is available at URL: businesswire.com
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Contact:
For Vialta, Inc.
Ken Tenaglia, 510/870-3668
kenneth.tenaglia@vialta-inc.com
or
Edelman for Vialta
Todd Wilder, 650/429-2786
todd.wilder@edelman.com
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Source: Vialta, Inc. |
