Celestial Technologies, Inc. Merges with VedaLabs, Inc.
November 1999, (Baton Rouge, Louisiana)- Celestial Technologies, Inc. announces its merger with VedaLabs,Inc. Celestial Technologies, Inc., celestialtech.com is a privately held two year old software development company. It has been specializing in the development of software relating to Lucent Technologies' (NYSE: LU) ePAC format and currently has the world's only ePAC Player and Encoder called Audio Library. Celestial Technologies, Inc. was one of the first companies to license the ePAC file format, which allows audio to be compressed at a ten to one ratio. This format also allows for a secure means of downloading files. ePAC files cannot be mass duplicated thanks to Lucent Technologies' patented file format. Basically this enables audio providers such as record labels to sell content over the internet without the risk of pirating. Lucent's New Ventures Group has been developing opportunities for audio technologies developed at Bell Labs, and has been working closely with the music industry. Lucent's New Ventures Group is a founding member of the Secure Digital Music Initiative (SDMI), the worldwide recording industry's effort to develop an open, secure access system for digital music.
ePAC is a new version of the Lucent Perceptual Audio Coder (PAC) developed by Bell Labs, the research and development arm of Lucent Technologies. PAC is an audio compression algorithm with the highest-quality audio at the lowest bit rates. At 128 kilobits per second, ePAC offers CD-transparent stereo sound. ePAC uses psychoacoustic modeling - that is, a representation of how humans hear sound - to compress music in a way that is not noticeable to the ear. Music is compressed at a rate of 11 to 1, thus reducing the transmission time/bandwidth and storage by the same ratio, while still retaining its fidelity. Several recent improvements in ePAC have pushed its performance levels to new heights, including: ePAC's improved quantization and coding, allowing higher quality audio at lower bit rates, and ePAC's improved psychoacoustic modeling from Bell Labs research, which provides CD-transparent sound at 128 kbps.
ePAC's variable bit rates and superior audio quality allow the coder to be used in multiple bandwidth applications. PAC was recently rated the best performing audio coding technology in a class of five tested in independent trials by Moulton Laboratories. In this test, PAC at 96 kbps outperformed the MPEG-2 Advanced Audio Coder (AAC). At 96 kbps, PAC also outperformed AAC at 128 kbps based on a repeatable statistical score. PAC is a technology which is supported across broad applications by Lucent. For example, Lucent Digital Radio (www.lucent.com/ldr), a wholly-owned venture of Lucent Technologies, will use PAC in its In-Band On-Channel (IBOC) digital audio broadcast (DAB) system. Lucent Technologies' famed research and development arm, Bell Labs, has been at the forefront of technology for the music industry for decades, with the introduction of sound for motion pictures in 1926; the invention of stereo recording in 1933; the invention of the transistor in 1947; the introduction of computer-synthesized music in the 1950s; the introduction of psychoacoustics in the 1960s; sub-band coding of audio in the 1970s; the introduction of linear predictive coding in the 1980s, and the Perceptual Audio Coder in the 1990s.
VedaLabs, Inc. is currently developing a line of hardware players specificly for the ePAC file format and the MP3 file format. VedaLabs is also providing record labels with an encoding service for their catalogs and a retail website called fastsongs.com which will sell ePAC songs and compact discs. Audio Library will be retooled and released as AudioVeda. AudioVeda will be a free downloadable player/encoder with an upgraded version available for purchase. You can learn more about VedaLabs at VedaLabs.com or visit them at the Midem Show in Cannes, France, at the Lucent Technologies Pavillion.
VedaLabs, Inc. is based in Baton Rouge, LA and currently develops software, hardware and retail platforms for the delivery of compressed audio. VedaLabs, Inc. also provides encoding and ditribution service for audio over the internet, inlcuding music and speech. Its websites include vedalabs.com, audioveda.com, and fastsongs.com (retail website). For more information on VedaLabs, Inc., visit our Web site at vedalabs.com. For investment opportunities, please e-mail investors@vedalabs.com or call Jason Hewitt at 225-343-7003.
Lucent Technologies (NYSE: LU), headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Bell Labs is the research and development arm for the company. For more information on Lucent Technologies, visit the Web site at lucent.com.
VedaLabs Announces the Release of AudioVeda- the world's only ePAC Player/Encoder
December 1999, (Baton Rouge, LA)- VedaLabs, Inc. announces the release of AudioVeda, the world's only ePAC player and encoder. The AudioVeda Player/Encoder will use Lucent Technologies' (NYSE: LU) ePAC file format to compress Internet music at a rate of 11 to 1, delivering the highest quality Internet music in the industry. Users will be able to retrieve, store, catalog, and play music on their computers. ePAC is based on the Lucent Perceptual Audio Coder (PAC), the highest-quality digital audio codec in the industry. ePAC is used in an Internet music initiative that the Lucent New Ventures Group has developed. The AudioVeda Player/Encoder will also play and support the popular MP3 file format.
Lucent's New Ventures Group has been developing opportunities for audio technologies developed at Bell Labs, and has been working closely with the music industry. Lucent's New Ventures Group is a founding member of the Secure Digital Music Initiative (SDMI), the worldwide recording industry's effort to develop an open, secure access system for digital music.
ePAC is a new version of the Lucent Perceptual Audio Coder (PAC) developed by Bell Labs, the research and development arm of Lucent Technologies. PAC is an audio compression algorithm with the highest-quality audio at the lowest bit rates. At 128 kilobits per second, ePAC offers CD-transparent stereo sound. ePAC uses psychoacoustic modeling - that is, a representation of how humans hear sound - to compress music in a way that is not noticeable to the ear. Music is compressed at a rate of 11 to 1, thus reducing the transmission time/bandwidth and storage by the same ratio, while still retaining its fidelity. Several recent improvements in ePAC have pushed its performance levels to new heights, including: ePAC's improved quantization and coding, allowing higher quality audio at lower bit rates, and ePAC's improved psychoacoustic modeling from Bell Labs research, which provides CD-transparent sound at 128 kbps.
ePAC's variable bit rates and superior audio quality allow the coder to be used in multiple bandwidth applications. PAC was recently rated the best performing audio coding technology in a class of five tested in independent trials by Moulton Laboratories. In this test, PAC at 96 kbps outperformed the MPEG-2 Advanced Audio Coder (AAC). At 96 kbps, PAC also outperformed AAC at 128 kbps based on a repeatable statistical score. PAC is a technology which is supported across broad applications by Lucent. For example, Lucent Digital Radio (www.lucent.com/ldr), a wholly-owned venture of Lucent Technologies, will use PAC in its In-Band On-Channel (IBOC) digital audio broadcast (DAB) system. The AudioVeda Player/ Encoder will play a key role in acting as the interface between the user and content. Lucent Technologies' famed research and development arm, Bell Labs, has been at the forefront of technology for the music industry for decades, with the introduction of sound for motion pictures in 1926; the invention of stereo recording in 1933; the invention of the transistor in 1947; the introduction of computer-synthesized music in the 1950s; the introduction of psychoacoustics in the 1960s; sub-band coding of audio in the 1970s; the introduction of linear predictive coding in the 1980s, and the Perceptual Audio Coder in the 1990s.
ãBeing first to market with an ePAC Player/Encoder is a huge advantage for us. Lucent has been great to work with and I have to credit our development teams commitment to deliver a high quality player/encoder as a key part of our success.à says VedaLabs President, Jason Hewitt. A free version of the AudioVeda Player/Encoder can be downloaded at audioveda.com A more robust version will soon be for sale at a price of $29.95. ãWe will continue to provide a free version of our software and will only charge for the upgrade. This is also just the first of our long line of audio products.à
VedaLabs, Inc. is based in Baton Rouge, LA and currently develops software, hardware and retail platforms for the delivery of compressed audio. VedaLabs, Inc. also provides encoding and ditribution service for audio over the internet, inlcuding music and speech. Its websites include vedalabs.com, audioveda.com, and fastsongs.com (retail website). For more information on VedaLabs, Inc., visit our Web site at vedalabs.com. For investment opportunities, please e-mail investors@vedalabs.com or call Jason Hewitt at 225-343-7003.
Lucent Technologies (NYSE: LU), headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Bell Labs is the research and development arm for the company. For more information on Lucent Technologies, visit the Web site at lucent.com.
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