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To: john b who wrote (9890)	7/8/1999 9:49:00 PM
From: Michael Olds	Respond to of 17679

From: VidiVici CUBE thread: Thursday, Jul 8 1999 6:11PM ET Reply # of 42691 Pinnacle Systems Announces Low-Cost, Internet Video Authoring Solution; Studio PCTV Lets Users Watch TV and Create Streaming Video for the Internet MOUNTAIN VIEW, Calif., Jul 7, 1999 (BUSINESS WIRE via COMTEX) -- PinnacleSystems Inc. (Nasdaq:PCLE) today announced Studio PCTV, a new product that combines TV and the Internet. Studio PCTV is a full-featured and low-cost solution that combines a TV-tuner and video capture PCI card with Pinnacle Systems' award-winning Studio video editing software. Studio PCTV lets users watch broadcast or cable TV on their PCs, create streaming video for the web, edit home videos, and more. "Studio PCTV is ideal for adding video to your personal GeoCities of Homestead web page," said William Chien, senior product manager at Pinnacle Systems Inc. "In addition, you can watch your favorite program while chatting online, or view TV in a window while waiting for pages to download from the Internet." "Studio PCTV is a great tool for consumers who want to enhance their personal web pages with streaming video," said Kevin Foreman, general manager of developer relations at RealNetworks. "Studio PCTV is a complete hardware and software solution offered at an extremely affordable price." Availability Pinnacle Systems is now shipping Studio PCTV and the product is available through computer retail outlets and superstores, mail order, and Internet retailers in the United States and Canada. A special introductory $20 mail-in rebate promotion takes the price to just $69 (US). ($89 SRP minus $20 mail-in rebate.) About Studio PCTV Studio PCTV's bus-mastering design enables the user to watch TV in a window while he works, surf the Internet, or read email. Studio PCTV is ideal for people who want to receive broadcast and Internet information simultaneously. The included Studio video editing software allows the user to remember the important moments on video -- weddings, graduations, vacations and other special events. The user then creates his own video, turning long camcorder tapes into entertaining highlight videos. Sharing videos with family and friends is easy via email or a web-page. Studio lets the user capture video, add titles and transitions, and include narration and background music. The final video can be output in a variety of formats -- AVI, MPEG1, or RealVideo -- depending on the user's application. About Pinnacle Systems Pinnacle Systems' broadcast, desktop, and consumer groups provide video professionals and consumers the digital video editing tools needed to create fun and exciting productions faster and more affordably than ever before. Pinnacle Systems may be reached as 650/526-1600 or on the World Wide Web atwww.pinnaclesys.com Note to Editors: All trademarks and registered trademarks are the property of their respective owners and are used for identification or reference purposes only, with no intent to infringe on copyrights. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Pinnacle Systems Inc. Paulien Ruijssenaars, 650/237-1648 paulien@pinnaclesys.com 888/484-3366 (Sales) ir@pinnaclesys.com (IR)

To: john b who wrote (9890)	7/8/1999 10:07:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

Here is the same information as from john b, from a Yahoo! He said a while back that there would be some good news to announce on the 8th over and above the fact that AXC made the Russell 2000. I had my doubts. Let justice be done: he came through. O.K,I PROMISED YOU BIG NEWS..HEAR IT IS by: PRINCEPEE13 14203 of 14226 GO TO WEB PAGE OF AMPEX AND READ THE PART ON THE BOTTOM OF THE PAGE. ED BRAMSON IS GOING TO SPEAK ON CNN FN TOMORROW NIGHT AT 9.30-10.00 EST......