heres some info on single chip encoders :
SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 18, 1997--NUKO Information
Systems, Inc. (NASDAQ:NUKO) today announced that it had completed a $1
million investment in Internext Compression, Inc., a developer of the
single chip MPEG-2 encoder.
NUKO's President and CEO, Bob Kondamoori, said, ``This investment in
Internext provides NUKO with access to single chip encoders that adhere
to MPEG-2 industry standards, offering reduced system cost and size
which are ideal for the distance learning, conferencing and telemedicine
applications. Internext engineers have successfully simulated their
first chip design to meet the specific requirements jointly developed by
NUKO and Internext, and are currently planning to sample chips before
the end of 1997. However, we cannot forecast when our first Internext
based product will be available until after the product undergoes normal
development prototype and test cycles which are scheduled for completion
sometime in 1998.''
Kondamoori further stated, ``The Internext chips will broaden NUKO's
offerings to include lower cost applications, complementing the
technologies we will continue to offer, including the IBM (NYSE:IBM -
news) and C-Cube (NASDAQ:CUBE) based MPEG-2 solutions for the broadcast
market.
The purchase agreement with Internext includes exclusive marketing
rights for the chip in specific NUKO markets and a NUKO commitment to
purchase certain quantities of chips over time.
Internext Compression, Inc., headquartered in Santa Clara, CA, is a
development stage company founded in 1996 to develop and market a
single-chip, real-time MPEG-2 video/audio encoder. Govind Kizhepat,
President, founder and CEO of Internext, was a key designer for the Sun
Microsystems SPARC chips. The Internext development team will focus
their extensive experience in microprocessor encoder and decoder design
to create efficient, low cost custom designs for this growing market.
The company has entered into a manufacturing agreement with NEC to
produce their chips using their state-of-the-art .35u CPC9 VX process.
NUKO Information Systems, Inc., headquartered in San Jose, CA, is a
provider of technology which enables the end-to-end networking of
broadcast quality video. NUKO's Intelligent Broadband Service Network
(IBSN) solution uses open-systems, standards-based MPEG-2 methodology.
These products enable users to digitally encode, compress, transmit,
decode and store video signals for a complete range of applications
including distance learning, tele-medicine, broadcasting, conferencing,
entertainment and authoring.
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Contact:
NUKO Information Systems
Ramesh Sekar, 408/570-2205
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More news for referenced ticker symbols: CUBE, IBM, NUKO, and related
industries: Computer-Hardware, computer, internet.
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