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Technology Stocks : Zenith - One and Only

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To: Scott Lerner who wrote (3762)12/27/1997 1:46:00 AM
From: Robert Utne  Read Replies (1) of 6570
 
Interesting February 3, 1993 press release by Hewlett-Packard Co.

PALO ALTO, Calif. -- Hewlett-Packard Co. Monday said that it plans to
develop and manufacture broadcast encoders for the Zenith/AT&T digital
high-definition television (HDTV) system.

Under an agreement in principle with AT&T and Zenith, HP would support
rapid deployment of digital HDTV encoder equipment to broadcasters
following Federal Communications Commission (FCC) adoption of the new
HDTV broadcast standard.

"HP's strength in measurement, computation and communications
positions us well to help speed the conversion of HDTV technology into
commercial products," said James D. Olson, general manager of HP's
Stanford Park Division in Palo Alto.

"These products align well with our strategy of developing and
manufacturing products for the digital video-communications market. HP
is fully committed to playing a key role in the launch of the U.S. HDTV industry."

HP would license technology from AT&T and Zenith if the FCC were to
adopt the Zenith/AT&T Digital Spectrum Compatible HDTV system. HDTV
encoders are electronic systems used by broadcasters to process and
compress HDTV signals. Early prototypes are expected to be available
6-12 months after the FCC selects an HDTV standard. Commercial-grade
products are expected to follow roughly a year later.

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What happened to the old T/HP/ZE HDTV partnership? Will ZE be announcing new HDTV partners (other than LGE) in the coming weeks?
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