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Technology Stocks : C-Cube

CUBE 38.08

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To: BillyG who wrote (39573)	3/31/1999 3:21:00 PM
From: John Rieman	Read Replies (1) of 50808

Divicom partner JVC, joins Sony for digital video networking.............................. mediacentral.com 03-29-99 23:25 EST Headlines Sony, JVC to tie up on new digital video system TOKYO, March 30 (Reuters) - Sony Corp <6758.T> and Victor Co of Japan (JVC) <6792.T> said on Tuesday they would jointly develop a new digital video system with networking functions. The companies said in a statement their cooperation would bring together JVC's know-how in basic D-VHS video technology and Sony's expertise in the IEEE 1394 networking standard. The new video system will be able to receive satellite or terrestrial digital broadcasts and transfer digital video images via a connection to a set-top box, the statement said. The companies gave no details about when the product would go on sale. The IEEE 1394 standard was set in 1995 by the Institute of Electrical and Electronics Engineers. Sony and JVC were arch-rivals over the format for videocassettes in the 1970s and 80s.

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