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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Black-Scholes who wrote (45194)9/23/1999 10:10:00 AM
From: JEFF K  Read Replies (1) | Respond to of 50808
 
Not so sweet, I think

We all know there is substantial competition on the decoder side. Is it possible these OEM's are supplied by more than one chip vendor?

ESS Begins Volume Shipments of DVD Solution


FREMONT, Calif., Sept. 23 /PRNewswire/ -- ESS Technology, Inc. (Nasdaq: ESST) today announced that it has begun volume production shipments of its Swan(TM) DVD solution to several OEMs.

The Swan(TM) DVD solution is currently ramping production quantities to DVD player OEM's, including Sony, Acer, Raite, Sampo, Labway and Diotech in Taiwan; Apex, Shanghai GuangDian Group (Sony), Panda, QiSheng, and Wyan in China. These Swan(TM) based DVD players will target retail channels worldwide.

"We are very pleased at the rapid adoption of our DVD solution by OEMs in time for the Christmas and Chinese New Year buying season," stated Johnston C. Chen, ESS's Vice President of Consumer Products and Internet Appliance Group. "Our DVD solution enables new OEMs to enter the DVD Market, offering high value and performance at competitive cost points."

About the Swan(TM) DVD Solution

ESS's Swan(TM) DVD solution is a highly integrated, cost-effective DVD Player solution with a new level of digital video and audio performance. It is based on ESS's Programmable Multimedia Processor (PMP) core architecture, which combines a 32-bit RISC CPU and a 64-bit Video Processor Engine. The Swan(TM) feature set includes a CPU for DVD navigation, MPEG-2 video, Dolby Digital decoding, Sub-picture decoding, Content Scrambling System, On Screen Display processing, NTSC to PAL display (and vice versa) with SmartScale(TM), Virtual Surround, DTS audio digital out and Karaoke.

ESS Technology

ESS Technology, Inc., a leader in Internet, communications, PC audio and digital video, provides advanced products enabling the convergence of communications, computer, consumer, and Internet markets.

ESS's wholly owned subsidiary, ViAlta.com, Inc. is developing advanced, easy-to-use products and applications for the Internet. It intends to introduce multi-media appliances, applications and content for the Internet, which enable the user to experience new levels of entertainment and e-Commerce.

ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices worldwide. ESS Technology's common stock is traded on the NASDAQ under the symbol ESST. ESS's Web site address is: esstech.com .

The matters discussed in this news release include certain forward looking statements that involve risks and uncertainties, including, not limited to, the timely availability and acceptance of the Company's new products, the impact of competitive products and pricing, the dependence on continued growth in demand for PC and consumer multimedia products, as well as the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K and Form 10Q. Actual results could differ materially from those projected in the forward-looking statements.

SOURCE ESS Technology, Inc.

CO: ESS Technology, Inc.