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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder] -- Ignore unavailable to you. Want to Upgrade?

To: DiViT who wrote (6235)	11/8/1999 6:04:00 PM
From: roy whitt	Read Replies (1) \| Respond to of 6297

SOME NEWS AT LAST !!! SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 3, 1999--InnovaCom Inc., (OTC BB:MPEG.O) will debut its new four-channel, MPEG Distance Learning Terminal at this year's TeleCon West show, Nov. 3-5, at the Anaheim Convention Center, Booth 1646. InnovaCom's demonstration features four new TransPEG(TM) Distance Learning Terminals (TDLT) is an operating ATM network -- showcasing transmission and control of multi-channel, high-quality video for distance learning and teleconferencing networks. Based on new generation MPEG encoding and networking technologies, the feature-rich TDLT, which is available now, establishes a new price-performance benchmark in video teleconferencing. As the distance learning and video conferencing industries continue to grow strong, InnovaCom is setting the pace with its new TDLT. For example, end users may selectively deliver video presentations to several schools within one district via the desktop; saving time, money and aggravation -- and in the short-term can pay back the initial investment many times, according to Frank Alioto, president and chief executive officer of InnovaCom. A new strategic research report from Frost & Sullivan, U.S. Distance Learning Markets, indicates that revenues from distance learning systems and services more than doubled in the United States from 1994 to 1997 and similar growth rates are forecast through 2004. "InnovaCom's commitment to provide advanced networking solutions to the government and educational markets reinforces its decision to reconfigure the TransPEG product line to specifically address the needs of the distance learning teleconferencing industries," concluded Alioto. TransPEG Distance Learning Terminal Highlights: The TransPEG Distance Learning Terminal delivers leading edge computing performance and boasts a powerful Pentium III CPU with a Windows(TM) NT 4.0 operating system. The video, audio and networking capabilities included in the TDLT are equally impressive. Each system is network independent and operates on IP, ATM or both types of networks. The TDLT consists of two sections: transmit and receive. In the TDLT transmit section, input video is pre-processed through a broadcast quality time base corrector (TBC) that not only stabilizes video timing, but also provides a frame store/synchronizer with options for comb filtering and noise reduction. An IBM-based MPEG encoder provides MPEG-1 or MPEG-2 encoding up to 15 Mb/s with total control of frame formats, video and audio compression rates. Users may also select other parameters for optimal latency reliability and video quality factors. The TDLT receive section includes the industry's first four channel MPEG decoder coupled with an integral 6-way video splitter for simultaneous display of up to six real-time video images on one monitor. Input and output video formats can be composite NTSC, Pal or S-video. Encoder inputs can also be digital SDI, as well as digital or analog (balanced or unbalanced) audio. At TeleCon West the TDLT network format is Native ATM (AAL5) and will be compliant with the emerging IM2 (Interactive MPEG-2) forum guidelines for MPEG video in teleconferencing networks. The InnovaCom software suite for TDLT provides on- or off-site control of encoders and decoders as well as connection control of local or central unicasts, multicasts and broadcasts. A ubiquitous "Administrator" program navigates the multimedia WAN or LAN with conventional hierarchy tree views that "drill down" to the device and sub-device level within a site or sites. The TDLT's modular software architecture will also enable interfacing with scheduler and room control software from leading teleconferencing suppliers. InnovaCom Inc. is a Silicon Valley manufacturer of video compression based transmission and DVD Pre-Mastering Systems. The company's MPEG-2 based product line targets the digital television, communications and DVD production marketplaces. InnovaCom is located at 3400 Garrett Drive, Santa Clara, Calif., 95054. For more information, call 408/727-2447 or fax 408/727-6625 or visit the company's Web site at www.transpeg.com or www.dvdimpact.com. For Investor Relations information, call 888/464-6734 or e-mail: investorinfo@transpeg.com. This news release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statement. Factors that might cause such a difference include, but are not limited to, the factors set forth under "Risk Factors" in the company's registration statement on Form SB-2. Readers should not place undue reliance on forward-looking statements, which only reflect the view of management as of the date hereof. The company does not undertake the obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. Readers should carefully review the risk factors described in other documents the company files from time to time with the Securites and Exchange Commission.