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Microcap & Penny Stocks : DVID -- Ignore unavailable to you. Want to Upgrade?

To: John Anderfuren who wrote (126)	8/31/1999 12:14:00 PM
From: Skywatcher	Read Replies (1) \| Respond to of 149

DVS Announces Schedule for 10X DVD-ROM Drive Introduction Samples Available in November Production Starts in December MOUNTAIN VIEW, Calif., Aug. 30 /PRNewswire/ -- Digital Video Systems, Inc. (Nasdaq: DVICD - news) today announced that its 10X DVD-ROM Drives are scheduled for introduction at the time of the Fall COMDEX this year. The 10X samples will be distributed in November 1999 for customers' evaluation, with the production starting in December 1999. A 10X DVD-ROM Drive transfers data at 10 times the speed of a 1X DVD-ROM Drive. DVS already completed the design and testing of its 8X models in July 1999. However, the Company decided to directly switch from the 6.2X models to the 10X models, in view of the expected life cycle for its 8X models being too short to be worth the effort of phasing them in and out of the Company's production and product mix. DVS' Co-Chairman and CEO, Ms Kuo, stated, ''DVS introduced the 2X DVD-ROM Drives in July 1998, the 5.2X models in September 1998, and the 6.2X models in February 1999, which was only about half a year ago.'' Kuo added, ''To develop and produce the fastest DVD-ROM Drives in such a high paste, while rapidly ramping up the production and sales of the DVD Intelligent Loaders, it demonstrates the outstanding ability and performance of our DVD team led by Mr. Sunghee Lee.'' DVS' 10X DVD-ROM Drives will be 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, Multi-session Photo CD or Photo CD. About DVS Digital Video Systems, Inc. is a technology company specializing in the development and application of DVD (Digital Versatile Disc) and digital-video related technologies. The Company currently develops and markets DVD-ROM drive, DVD Intelligent Loader, including subassemblies and components, VCD (Video Compact Disc) based Video Engine and Ad-Insertion products for the consumer, commercial and computer peripheral markets. Established in 1992, DVS is publicly traded 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. chris