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DVID... DVIDW... one to take a look at
Monday February 1, 8:59 am Eastern Time
Company Press Release
Digital Video Systems Raises the Bar by Introducing Its New 6.2X DVD-ROM Drive
Aimed at High-End PC Market to Compliment New High Speed Processors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 1, 1999--Digital Video Systems, Inc. (Nasdaq:DVID - news) announced today that it is introducing one of the fastest DVD-ROM drives currently available, the DVS DSR-600H DVD-ROM Drive. Samples of the 6.2X DVD-ROM drive will be available to customers for evaluation this month. Production of the new drive will begin in late February. The product launch represents the Company's third DVD-ROM product introduction in eight months.
DVS' newest DVD-ROM Drive, the 6.2X, is an upgraded third generation DVD-ROM drive which operates at 6.2 times DVD standard read speed, and 32 times CD-ROM speed. The product is aimed at meeting the performance requirements of the high-end PC market and the growing OEM demand for ever faster drives. The worldwide DVD-ROM market has been estimated by International Data Corp. to reach more than 35 million units in calendar 1999 and more than 70 million units in 2000.
''The release of our new 6.2X DVD-ROM drive reaffirms DVS' continuing commitment to provide leading edge DVD products to our OEM customers. It also demonstrates the ability of our engineering and manufacturing personnel to achieve sustained superior performance in a very competitive marketplace,'' stated Edward M. Miller, President & CEO. ''Since the introduction of our 2.0X DVD-ROM drive in July 1998, DVS has designed and developed three new drives: the 5.2X drive, 6.2X drive and the DVD Intelligent Loader,'' Miller stated.
The 6.2X DVD-ROM drive is backward compatible with DVD-Video, DVD-ROM, DVD-R, and virtually all CD formats including CD-ROM, CD-Audio, CD-R, CD-RW, Video CD, CD-I/FMV, Multisession Photo CD, or Photo CD. The 6.2X DVD-ROM drive also supports Ultra DMA-33 mode, which enables the data transfer throughput to be double the speed of EIDE mode.
About DVS
Digital Video Systems, Inc. is a technology company specializing in the development and application of digital versatile disc and related technologies. The Company develops and markets DVD drives, DVD Intelligent Loaders and DVD Players including subassemblies and components, Video on Demand Network products, and CD based Video Engine products for the consumer products, commercial video and computer peripherals markets. Also under development is the DVD Video Engine product line.
Established in 1992, DVS is a publicly held company headquartered in Mountain View, Calif., with subsidiaries in Hong Kong, Bermuda, South Korea, and 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' strategy, proposed sales of DVS' products, markets, and the development of DVS' products. DVS' 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 related to planned rapid growth of the DVS' business and the conduct of business by DVS in foreign countries. These risk factors and others are more fully described in documents that DVS files from time to time with the Securities and Exchange Commission, including the Company's Form 8K dated Nov. 13, 1998 and Form 10-QSBA dated Jan. 18, 1999. For more information on DVS' products, call 1-800/446-8823 or visit: www.dvsystems.com.
Contact:
Digital Video Systems, Inc. John Smuda, 650/625-8226 (CFO) or Access Communications Mark Smotroff, 800/393-7737 ext. 270 (Press Contact)
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