Sounds kind of silly if you ask me...
Panasonic and Sigma Designs Jointly Promote DVD-RAM Solutions REALmagic EM8300 DVD/MPEG-2 Decoder Supports Panasonic Rewritable DVD Drives
biz.yahoo.com
NEW YORK, June 15 /PRNewswire/ -- Sigma Designs, Inc. (Nasdaq: SIGM - news), a leader in DVD decoder solutions for personal computers, today announced that its REALmagic EM8300 DVD/MPEG-2/MPEG-1 decoder IC is fully compatible with Panasonic's DVD-RAM drive. The new DVD-RAM drives are being demonstrated by Panasonic Industrial Company at PC EXPO in New York this week.
''Panasonic is one of the first companies to produce an economical, high- performance rewritable, removable drive that is in full compliance with the DVD Forum's DVD-RAM specifications and standards,'' commented Thinh Tran, Sigma Designs' Chairman and CEO. ''Combining Panasonic's drive with our REALmagic silicon for DVD decoding makes digital video more affordable to everyone,'' Mr. Tran concluded.
''Major corporations are already beginning to produce video solutions on DVD,'' Jeff Saake, general manager of Panasonic Industrial Company, noted. ''Simply by installing a DVD-RAM drive and Sigma Designs' REALmagic silicon DVD/MPEG-2 decoder, corporations have the key basic elements for a creative production workstation at a fraction of the cost of professional systems. Major solution providers are finding that by combining our two firms' products, they can put video application development in the hands of production professionals as well as HR, sales, and marketing departments.''
In addition to being approved by the DVD Forum, which has grown to more than 125 members, the DVD-RAM format has been adopted by the Japanese Industrial Standard (JIS) and the European Computer Manufacturers' Association (ECMA). The standard has also been endorsed by the Hollywood DVD Advisory Group, more than 20 of the industry's leading PC manufacturers, and leading international content developers. It is presently being reviewed by the International Standards Organization (ISO). Industry analysts project that by the year 2000, more than 70 million DVD drives and players will be installed and that more than 30 million of these units will be DVD-RAM drives. Panasonic brand products are manufactured by Matsushita Electric Industrial Co., Ltd. (NYSE: MC - news), one of the world's leading producers of CD-ROM drives and other digital electronic products.
About Sigma Designs:
Sigma Designs entered the multimedia market in 1993 with products based on the MPEG (Moving Picture Experts Group) standard for compressing and decompressing digital audio and video signals. Since then, Sigma has been a driving force behind advancement of the MPEG technology used in most multimedia products on the market today. Sigma Designs' products include affordable MPEG video and audio decoding hardware. All Sigma Designs' products are sold worldwide through a network of dealers, distributors, and original equipment manufacturers (OEMs). For additional information, call 800-845-8086 or 510-770-0100, fax 510-770-2640, or visit Sigma's web site at sigmadesigns.com.
This press release contains forward-looking statements, including statements regarding the PC-DVD market and the features and potential growth prospects of certain DVD/MPEG-2 products offered by the Company in this market, that involve risks and uncertainties. Actual results of Sigma Designs may vary materially due to a number of factors including, but not limited to, the levels of orders from and the risk of cancellation of orders by significant customers, the ability of the Company's REALmagic EM8300 DVD/MPEG- 2 decoder to compete with other technologies in these emerging markets, the risk that such product will not gain widespread acceptance or will be rendered obsolete by product offerings of competitors or by alternative technologies, and the risk that the Company will not meet price or time-to-market estimates due to production, manufacturing, or other delays.
SOURCE: Sigma Designs, Inc.
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