Digital Video Systems Introduces Super Fast 5.2X Speed DVD-ROM Drive to Meet Escalating Demand; OEM Alternative Joins Ranks of DVD Supplier
Companies
09/28/98
Business Wire
(Copyright (c) 1998, Business Wire)
LOS GATOS, Calif.--(BUSINESS WIRE)--Sept. 28, 1998--Digital Video Systems, Inc. (Nasdaq:DVID) is introducing an exceptionally fast DVD-ROM drive which operates at 5.2 times standard read speed. Aimed to meet the rapidly growing demands for high quality DVD-ROM drives for the OEM market, this new unit, the DVS DVD-ROM 5.2X, is wholly designed and manufactured by DVS at it's ISO-9002 compliant facility.
"This product, which is the first of its kind to market, shows the strength of our manufacturing operations and the talent of our engineering team," said Edward Miller, chief executive officer, Digital Video Systems. "The DVS DVD-ROM 5.2X drive is a sign of the strong technology base we have been building over the past year. We are proud to be able to offer a superior product at a time when there is a growing demand for DVD-ROM drives."
Of the top eight DVD manufacturers, relatively few have chosen to or been able to ship their own third-generation DVD-ROM drives now. According to industry observers, worldwide market demand for DVD-ROM is expected to quadruple in 1999 to more than 20 million units, and increase to over 40 million in the year 2000.
As a result of the introduction of the new, widely available DVD-Video format, the DVD-ROM drive is taking PC functionality to a new level by adding high quality home movie playback capability. The DVS DVD-ROM drive is compatible with all major disc types, including DVD Video, DVD-R, CD-ROM, CD Audio, CD-R, CD-RW, Video CD, CD-I/FMV, and Photo CD.
DVS' new 5.2X DVD-ROM drive is expected to deliver superior performance capabilities such as faster speed, superior error recovery and Ultra DMA 33 mode (an industry first), which enables data transfer throughput to be two times the speed of EIDE mode which is used by most of current the DVD-ROM drive products. The DVS 5.2X DVD-ROM drive also reads CD-ROM discs at 32 times speed with the added capability of reading scratched or finger printed discs.
Commercial production of the DVS 5.2X drive begins in October to meet substantial PC OEM orders already in for the first quarter of 1999. Samples of the DVS 5.2X DVD-ROM drive are now being shipped to key customers.
About DVS
Digital Video Systems is a technology company specializing in the development and application of Digital Versatile Disc and related technologies. The Company develops and markets DVD-ROM drives, DVD players including subassemblies and components, Video on Demand Network products, CD based Video Engine products, and MPEG encoding and authoring products for the consumer products, commercial video and computer peripherals markets.
Also under development are the DVD Intelligent Loader and the DVD Video Engine.
Established in 1992, DVS is a publicly held company headquartered in Los Gatos, with a branch office in Taipei, and subsidiaries in Hong Kong, Bermuda, South Korea and Panyu Municipality, Guangdong Province, China. DVS is a trademark of Digital Video Systems, Inc.
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the private Securities Litigation Reform Act of 1995 that involve various risks and uncertainties, including, without limitation, statements with respect to DVS's strategy, proposed sales of DVS's products, markets, and the development of DVS's products. DVS's actual results may differ materially from those described in those forward-looking statements due to a number of factors, including, but not limited to, risks of competition and the enforceability of DVS' patents and other intellectual property rights, risks relating to the development and market acceptance of DVS' products, and risks relating to the planned rapid growth of the DVS' business and the conduct of business by DVS in foreign countries, which factors and others described in documents that DVS files from time to time with the Securities and Exchange Commission, including its Current Report on Form 8-K dated Jan. 7, 1997. For more information on DVS' products, call 1-800/446-8823 or visit: www.dvsystems.com.
CONTACT: Digital Video Systems, Inc. John Smuda, 408/874-8226 (Company Contact) or Access Communications Mark Smotroff, 800/393-7737 ext. 270 (Press Contact)
07:02 EDT SEPTEMBER 28, 1998
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