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Technology Stocks : Faroudja FDJA

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To: GY who wrote (161)6/25/1998 10:44:00 AM
From: Gerald Thomas  Read Replies (1) of 249
 
Yves Faroudja Receives Lifetime Achievement Award From the Academy of
Television Arts & Sciences for the Development of Key Patents in Video
Signal Processing
526 Words
4502 Characters
06/24/98
16:15
Business Wire
(Copyright (c) 1998, Business Wire)

* SUNNYVALE, Calif.--(ENTERTAINMENT WIRE)--June 24, 1998--Faroudja Inc.
* (Nasdaq/NMS:FDJA) announced that Yves Faroudja, founder and chief technical
officer of the company, Wednesday received the prestigious Charles F. Jenkins
Lifetime Achievement Award from the Academy of Television Arts & Sciences at
the Engineering Awards Presentation in Beverly Hills, Calif.
* The Engineering Emmy was given to Faroudja "for the development of key
patents in the arena of NTSC processing, encoding, decoding, enhancement and
* noise reduction. Mr. Faroudja was instrumental in developing the Sony U-matic,
S-VHS and Hi-8 video recorders, and the product applications of his inventions
enjoy wide recognition by broadcasters and production houses."

* In 1991, Faroudja accepted an Emmy for his work on NTSC advancement.
* Faroudja is a fellow of the SMPTE and a member of ATSC, IEEE and the NAB. He
has been honored with the Monitor Award for excellence in engineering, and in
1987 received the SMPTE David Sarnoff Gold Medal Award.
* Michael J. Moone, president and chief executive officer of Faroudja
* commented: "For more than 25 years, Yves Faroudja has pioneered technologies
related to video-signal processing and video- image enhancement, earning more
than 50 patents. The products that have resulted from Yves' vision and
* brilliance have brought world renown to the Faroudja name.
"With HDTV coming on strong, in the most sweeping change in the history of
* television, Yves has brought Faroudja Inc. into a leadership position right in
the middle of the digital revolution. We are proud and pleased that he is
being recognized for his considerable achievements by the Television Academy."
* Faroudja stated: "Our sole purpose, our passion, all these years has been to
deliver the best video-image quality possible in all environments. We have
been focused on overcoming the limitations inherent in the way video has been
displayed since the beginning of commercial television.
"These limitations, which are common to both U.S. and international
television standards, fall into the four general categories that we have
addressed: scan lines, motion artifacts, color artifacts and loss of detail.
"Our new line of Digital Format Translators provides a range of modular
solutions for broadcasters, cable and satellite services seeking to deliver a
variety of Digital Television (DTV) and High-Definition (HDTV) video formats
to meet the new HDTV/DTV standards."
* Faroudja further noted: "There has been a tremendous response to the DFT
line from broadcast engineers at networks, at station groups and at
post-production houses. These are the people who must solve the dilemma of
multiple-format sources and the delivery of FCC-compliant digital signals. It
is imperative that stations have a top-quality and flexible solution, which we
believe the DFT alone delivers.
* "Faroudja Inc. is committed to continuing substantial investments in
research and development. I am inspired and energized by the changes taking
place in television today, and I look forward to the advances we can achieve
in the future."
* 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. Faroudja has received numerous awards, including a prior Emmy
award for Engineering Development and a National Association of Broadcasters
Engineering Award.
CONTACT: OPUS Group
Mary McCarthy, 310/440-8600 (investor relations)
mmmcc@pacbell.net (e-mail)
or
The Barnett Company
Donna Barnett, 310/470-0071 (media)
tbcmedia@aol.com (e-mail)
16:00 EDT JUNE 24, 1998

I0607 * End of document.

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