Kerry, that's a great find. The original PR, see below, does NOT
mention EPAC, but this guy blurts it right out.
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Monday August 23, 8:30 am Eastern Time
Company Press Release
SOURCE: Liquid Audio, Inc.
SANYO Announces First SDMI-Compliant Secure, Portable Digital Music Player Based on Liquid Audio Software and Texas Instruments Digital Signal Processors
REDWOOD CITY, Calif., Aug. 23 /PRNewswire/ -- Liquid Audio, Inc. (Nasdaq: LQID - news) and Texas Instruments (NYSE: TXN - news) today announced that SANYO Electric Co., Ltd. will deliver a secure, portable digital music player based on Liquid Audio software and TI's programmable Digital Signal Processors (DSPs). The new portable device will meet the newly-released Secure Digital Music Initiative (SDMI) guidelines for portable consumer devices, and playback secure digital music files that are downloaded from the Internet via a PC onto flash memory cards. SANYO is also developing a full line of consumer audio products for the digital delivery and playback of music in Liquid Audio formats that ranges from portable stereos and players for automobiles to Kiosk terminals.
(Photo: newscom.com )
Liquid Audio and TI are providing SANYO with an openly-licensable solution based on Liquid Audio's Secure Portable Player Platform (SP3) and TI's TMS320C5000 DSPs. The solution improves the consumer experience for digital music playback and enables interoperability among secure portable music devices. Liquid Audio's SP3 will enable the SANYO audio player to access and playback music in multiple compression formats, including Dolby Digital, AAC and Genuine MP3, while preventing improper copying in accordance with SDMI.
''Our goal is to offer a portable player that meets both the needs of users, who want to easily access high-quality music at any time, and the needs of content providers, who want to securely sell and deliver music online,'' said Tatsuo Tanaka, general manager of the new business projects at Sanyo's Multimedia Company. ''We believe that our new secure music player will contribute to the healthy growth of the market for legitimate digital music.''
''Liquid Audio's goal is to enable the music industry to safely leverage the Internet to sell music to the mass market of consumers who want to download and enjoy it in a secure portable music player,'' said Phil Wiser chief technology officer at Liquid Audio, Inc. ''We are pleased that Sanyo, a pioneer in consumer electronics, has selected our SP3 solution as the basis for the first portable music device that meets the SDMI requirements of the music industry.''
Liquid Audio software and services enable the digital delivery of music over the Internet. More than 300 labels representing 20,000 songs have selected Liquid Audio to promote and sell music to millions of consumers through the Liquid(TM) Music Network of more than 200 online retailers. Using Liquid(TM) Player software, consumers visiting these sites can sample music, check out lyrics and liner notes, securely purchase and download the single right to their PC, and record it to a custom CD or export it to a portable player.
''Texas Instruments' programmable DSPs enable Sanyo to deliver a state-of-the-art portable player with music format flexibility, security and long battery life,'' said Gene Frantz, TI advanced DSP systems manager. ''We are pleased to help Sanyo launch this exciting new digital player based on TI DSPs.''
SANYO, Liquid Audio and TI have also agreed to collaborate in proposing their combined technologies to SDMI, which is scheduled to deliver technology standards for recording and memory equipment by March of 2000.
The worldwide leader and pioneer in digital signal processing solutions since 1982, Texas Instruments provides innovative DSP and mixed signal/analog technologies to more than 30,000 customers in the computer, wireless communications, networking, Internet, consumer, digital motor control and mass storage markets worldwide. To help customers get to market faster, TI offers easy-to-use development tools and extensive software and hardware support, enhanced by its extensive network of third party DSP solutions providers that produce more than 1,000 products using TI technology.
Texas Instruments Incorporated is a global semiconductor company and the world's leading designer and supplier of digital signal processing solutions, the engines driving the digitization of electronics. Headquartered in Dallas, Texas, the company's businesses also include materials and controls, educational and productivity solutions, and digital imaging. The company has manufacturing or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN.
Liquid Audio, Inc. is a leading provider of software and services for the digital delivery of music over the Internet. The Liquid Audio solution gives musicians, record labels, Web sites and music retailers the ability to publish, syndicate and securely sell recorded music online with copy protection and copyright management. Using the Liquid(TM) Player software, available for free download at liquidaudio.com, music fans can preview and purchase downloadable music from the more than 200 affiliate Web sites in the Liquid(TM) Music Network. Traded on Nasdaq under the symbol LQID, Liquid Audio is located in Redwood City, California.
Sanyo Electric Co., Ltd. is a $14 billion manufacturer and distributor of consumer and commercial electronics and electric products. Sanyo and Fisher products are marketed in the U.S. by Sanyo Fisher Company, a division of Sanyo North America Corporation, a subsidiary of Sanyo Electric Co., Ltd. Sanyo Fisher Company include audio/video components, portable and mobile audio equipment, televisions, VCRs, cordless and PCS phones, facsimile machines, digital still cameras, home appliances, LCD projectors, security video equipment and air conditioning systems.
Liquid, Liquid Audio, Inc., Liquid Audio, the Liquid Audio logo, Liquifier and Liquid Music are trademarks of Liquid Audio, Inc. For more information about Liquid Audio software and services call 888-liquid-0 or visit liquidaudio.com. For information about employment at Liquid Audio visit liquidaudio.com or send resumes to jobs@liquidaudio.com. For more information about SANYO, visit sanyo.co.jp . More information on Texas Instruments is located on the World Wide Web at ti.com .
CONTACT: Paul D'Arcy of Sanyo Fisher Company, 818-998-7322, or paul_darcy@sfc.sanyo.com; or Erik Ryan of The New Media Group @ Waggener Edstrom, 425-637-9097, or erikr@wagged.com; or Becky Nevers of Texas Instruments, 281-274-2639, bnevers@micro.ti.com
SOURCE: Liquid Audio, Inc.
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