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

To: Buckfa who wrote (6237)	12/10/1999 1:23:00 PM
From: DiViT	Read Replies (1) \| Respond to of 6297

InnovaCom's DVDimpact Finalist for Prestigious Platinum Award 12/10/1999 Business Wire (Copyright (c) 1999, Business Wire) SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 10, 1999--InnovaCom Inc. (OTCBB: MPEG ), a leader in MPEG compression systems technology, Friday announced that the company's DVDimpact has been selected as a finalist for AV Video & Multimedia Producer's 2000 Platinum Award in the DVD Products category for Production Systems/Software. The winners of AV Video's annual Platinum Awards for the best products introduced to the industry in 1999 are selected by the readers of AV Video, who first vote the award for products they feel enhance their creativity, productivity, or both. Winners will be announced in the January 2000 issue. "We consider a reader's choice award one of the highest honors that could be bestowed upon the DVDimpact. AV Video & Multimedia Producer is one of the premier magazines in our industry and it offers insightful information to our customers," affirmed Frank Alioto, president and chief executive officer of InnovaCom Inc. Alioto continued, "Win, lose or draw, the nomination for the Platinum Award validates our vision for the emerging digital broadcast and IT markets." DVDimpact, InnovaCom's flagship publishing system is targeted directly at multimedia studios and Fortune 1000 clients because of its high price performance value. DVDimpact is an all-in-one Windows NT solution incorporating InnovaCom's MPEG realtime compression technology integrated with a full suite of publishing tools required by today's DVD authors for premastering DVDs. InnovaCom Inc. is a Silicon Valley manufacturer of video compression based transmission and DVD PreMastering Systems. The company's MPEG -2 based product line targets the digital television, communications and DVD production marketplaces. InnovaCom Inc. is located at 3400 Garrett Drive, Santa Clara, California, 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 email: 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 Securities and Exchange Commission. Contact: CONTACT: Chan & Associates Inc. Robin Schnug, 714/447-4993 Fax: 714/578-0284 or InnovaCom Inc. Frank Alioto, 408/727-2447 Fax: 408/727-6625 06:02 EST DECEMBER 10,