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Technology Stocks : ZORAN jpeg/dvd moguls

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To: helkel who wrote (1141)2/13/1998 7:47:00 AM
From: coopie  Read Replies (1) of 1486
 
Iomega's New Buz Multimedia Producer Featuring
Zoran's JPEG Technology Begins Shipping

SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 13, 1998--Iomega Corporation (NYSE:
IOM - news) announced today that it has begun volume shipments of the Buz(R) multimedia
producer, featuring industry-leading JPEG technology from Zoran Corporation (NASDAQ:
ZRAN - news). Buz offers one of the most convenient and cost-effective tools for consumers to
capture home videos and photos from camcorders and digital cameras and create personalized
movies on the PC. Jaz(R) one-gigabyte (GB) and Jaz 2GB drives and disks are ideal companions
to Buz offering high capacity storage for large video and graphics files, further allowing the PC to
become a personal multimedia studio.

''We are excited to announce high-volume shipment of Buz using Zoran's industry-leading JPEG
technology,'' said Maury Domengeaux, Director of Product Marketing for Iomega's Professional
Products Division. ''Zoran's field proven video capture and compression technology combined
with Iomega's affordable and easy-to-use consumer video products, enables PC users to
personalize and enjoy home movies as never before. This further increases the demand for PC
storage, which is most easily satisfied by using removable media drives such as our Jaz drive, now
featuring up to 2GB of removable storage.''

''Zoran is pleased to have worked closely with Iomega on the Buz project,'' said Dr. Levy
Gerzberg, President and CEO of Zoran Corporation. ''The multimedia producer delivers
high-quality video at a mass market price, forming the latest example of an increasingly fruitful and
mutually beneficial relationship between our two companies.''

Buz features several components of Zoran's leading-edge technology, including a JPEG codec,
PCI Multimedia controller, software drivers and JPEG software decoder.

''We are delighted that our JPEG technology is now shipping in volume as part of the innovative
Buz product,'' said Dr. Isaac Shenberg, Vice President of Sales and Marketing for Zoran
Corporation. ''Zoran is already the leader in providing JPEG IC technology to the video editing
market. Iomega's consumer based video PC products are now further proliferating our JPEG
technology into high-volume, cost sensitive markets.''

Zoran is the leader in providing JPEG compression, decompression and PCI controller
technology for video solutions in the PC, consumer, and business markets. The full line of JPEG
chip products provides a complete, ready to implement solution for PC platforms, including a
JPEG codec (ZR36060), PCI controller(ZR36067) and other products. Zoran's JPEG products
are capable of being used in applications such as video capture, video editing, color printers,
scanners, digital still cameras, video conferencing, security and medical imaging products. A key
feature of Zoran's JPEG products is its patented Bit-Rate-Control. This breakthrough technology
enables the predictability of memory size and data communications bandwidth required for
compressing images of varying complexity. This results in superior image quality and system
reliability. A complete family of JPEG chips as well as reference boards are available from Zoran.

Zoran Corporation develops and markets integrated circuits, integrated circuit cores and software
for digital video and audio applications, enabled by compression, for the PC and consumer
multimedia markets. Zoran's product lines include JPEG codecs, MPEG and DVD decoders,
Dolby Digital and MPEG audio decoders, real-time Video CD and DVD software for the PC,
and VLSI cores. The company's software is bundled by PC and graphic system manufacturers
for software-only or hardware-assisted Video CD, DVD and JPEG compressed video playback
on the PC. Current applications for Zoran IC products include professional and consumer video
editing systems, filmless digital cameras, PC-based or stand-alone Video CD systems and DVD
players, and digital audio systems.

Zoran is headquartered in Santa Clara, California with additional operations in Haifa, Israel,
Toronto, Canada, and Tokyo, Japan. Zoran's products and technologies have been adopted by
many of the world's largest manufacturers including Acer, Altec Lansing, ATI, Avid Technology,
Cirrus Logic, Compaq, Denon, Diamond Multimedia, Dolby, FujiFilm, Fujitsu, Harman Kardon,
Hewlett Packard, Hitachi, IBM, Iomega, Kenwood, Marantz, Matrox, Matsushita, NEC,
Packard Bell, Pinnacle/miro, Pioneer, Samsung, Sharp, Sony, Toshiba, Truevision, Yamaha and
many others. For more information about Zoran call (408) 919-4111 or contact the website at
www.zoran.com.

Iomega Corporation manufactures personal read/write storage solutions that help people manage
their stuff - anywhere. Iomega's products provide consumers with what they want, when they
want it, at a price they're willing to pay. The Company's industry standard storage solutions,
designed for all types of computer users, include Zip drives and genuine Zip 100 disks; Jaz one-
and two-gigabyte drives and disks; and Ditto tape backup drives and tape cartridges. Whether
used in homes, business, government and education, or by creative professionals, all Iomega
storage solutions ensure high levels of quality and reliability when using authorized Iomega media
products. Iomega products are available through computer retail stores, resellers, major
distributors and OEMs. The Company can be reached at 1-800-MY-STUFF (800-697-8833),
iomega.com and additional Iomega press releases can be accessed through the
toll-free fax-back line: (888-88-IOMEGA).

Iomega, Zip, Jaz and the Iomega logo and the stylized ''i'' are registered trademarks of, and
Ditto, Buz, Buz Multimedia Producer and Clik! are trademarks of, Iomega Corporation. All other
product and brand names are the property of their respective owners. For maximum reliability,
use only genuine Zip 100 disks featuring the genuine Zip 100 symbol in your Zip drive.

Contact:

Zoran Corporation
Tanya Del Vecchio, 408/919-4111
tanya@zoran.com
zoran.com
or
Virtual Public Relations
Carey Mitchell, 650/369-7833
carey@virtualpr.com
or
Iomega Contact:
Copithorne & Bellows
Andrea Mahoney, 415/975-2277
andrea.mahoney@cbpr.com
or
Investor Contact:
Financial Relations Board
Hannah Bruce, 415/986-1591
hbb@sf.frbd.com

More Quotes
and News:
Iomega Corp (NYSE:IOM - news)
Zoran Corp (Nasdaq:ZRAN - news)
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