Edgar 10K filing:
This discusses competition, I have selected a couple of paragraphs.
sec.gov
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The Company believes that full motion video on compact disc ("CD-Video") is a logical extension of CD technology. The new HD-CDs are capable of holding a full length motion picture (135 minutes) on a standard-sized CD with video and audio quality superior to current videocassette technology. To achieve this new format, far greater information density will be required as well as a new playback technology. The creators of CD-Video technology have agreed on a format capable of meeting the technological goals mentioned above. Industry sources anticipate the market introduction of CD-Video to occur during 1997. Although the Company is not yet technically capable of manufacturing the new format CDs, it expects to develop the capability to offer these manufacturing services. If the Company cannot secure the financing it will need to develop the CD-Video manufacturing capability, or successfully implement such capability, its operations may be adversely affected.
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Other existing technologies also compete with the Company's products which deliver digital information. Portable media, such as digital audio tape, digital compact cassette and mini-disc have already been introduced commercially but have not yet achieved widespread consumer acceptance. In addition, one-time recordable CDs ("CD-R") are available and are often used to replicate short run products that are more expensive to manufacture in the traditional manner. Electronic on-line delivery of digital information, such as through the Internet, is also a potential future competitor of CD-ROM.
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And this, for some positive news:
The Company has obtained select authorized replicator status with Microsoft, Inc. that allows the Company to replicate Microsoft(R) products for Gateway 2000, a licensee of Microsoft(R) products. In addition, the Company has passed the rigorous testing required to become an Apple(R)-approved vendor, however, no significant sales to date have resulted from attaining this status.
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