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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Roland Batson who wrote (176)1/31/1997 12:18:00 PM
From: Tomas   of 782
 
More news.

Friday January 31 11:38 AM EST

Projectavision( Projectavision Inc )says technical issue solved

NEW YORK, Jan 31 (Reuter) - Projectavision Inc said Friday the remaining engineering issues involving its Digital Home Theater product have been "satisfactorily resolved."

It reiterated it is on schedule for a first quarter 1997 rollout of the product, subject to final approval by the Federal Communications Commission.

Projectavision president and chief executive officer Martin J. Holleran said, "We have reached a solution to the so-called 'noise' problem that has delayed FCC approval of the Digital Home Theater."

He said the solution is now being incorporated into the product for final approval by the FCC and the company expects to launch the product in the first quarter of this year.

Tomas
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