Since S3 is a stock holder in FDJA I'll post this here:
Tuesday April 7, 9:00 am Eastern Time
Company Press Release
Faroudja Inc. Announces Tribune Broadcasting Alliance
Deployment of Faroudja's Digital Format Translator for TV Station Group Owner
SUNNYVALE, Calif.--(ENTERTAINMENT WIRE)--April 7, 1998--NAB Conference, Booth No. M5838--Faroudja Inc.
(Nasdaq/NM:FDJA - news) Tuesday announced that Tribune Broadcasting has signed a letter of intent to test, evaluate and
reserve for purchase a number of Faroudja's new Digital Format Translators from its Video Solutions line.
The Digital Format Translator provides a range of modular solutions for the delivery of a variety of digital television (DTV) and
high-definition television (HDTV) video formats to help clients provide new digital television services.
Tribune Broadcasting, owned by Tribune Co. (NYSE:TRB - news), owns and operates 16 major market television stations and has
FCC approval pending on stations in Seattle and Grand Rapids, Mich. Tribune Entertainment, a subsidiary of Tribune Broadcasting,
develops, produces and syndicates first-run television programming.
Tribune Broadcasting's stations are affiliated with The WB Television Network, FOX, ABC and CBS.
''Faroudja's Digital Format Translator serves a unique and critical function in the operation of a television station group that has
diverse network affiliations,'' noted Ira Goldstone, vice president-Engineering of Tribune.
''While different networks may elect to adopt any one of the new digital formats, utilization of the Digital Format Translators at the
stations ensures the translation of local programming and library content into the appropriate HDTV-quality video, whatever the
choice of format.''
Mike Moone, president and chief executive officer of Faroudja, commented: ''The Digital Format Translator provides
HDTV-quality video in a variety of formats, including 480p, 720p and 1080i, from today's analog (NTSC) and digital sources.
Broadcasters can continue to use much of their existing equipment, saving millions of dollars in capital per station.''
Many of Faroudja's patented technologies are incorporated into the Video Solutions Digital Format Translator line, including
Faroudja's broadcast decoder, noise reducer, de-interlacer, scaler and video enhancer.
Faroudja's growing number of consumer and commercial products are designed to bring HDTV-quality images to the digital
broadcast, display, PC/TV convergence and home-theater markets. Faroudja is recognized around the world for its superior
video-processing technology, and holds more than 50 patents.
Faroudja has received numerous awards, including an Emmy award for Engineering Development and a National Association of
Broadcasters Engineering Award.
Except for historical information contained herein, the matters set forth in this news release, such as statements relating to the
acceptance and timing of product introductions, are forward-looking statements that are subject to risks and uncertainties, including
timely development and acceptance of new products, the impact of competitive products and pricing, and other risks set forth
under the caption ''Factors Affecting Future Operating Results'' in the company's annual report on Form 10-K for the year ended
Dec. 31, 1997 filed with the Securities and Exchange Commission. |
