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Microcap & Penny Stocks : DVID -- Ignore unavailable to you. Want to Upgrade?

To: david sandel who wrote (147)	3/20/2000 1:05:00 PM
From: 2MAR$	Respond to of 149

: DVS ANNOUNCED OVER $10 MILLION BACKLOG FOR MARCH * nice lift~off today!:) MOUNTAIN VIEW, Calif., Mar 19, 2000 /PRNewswire via COMTEX/ -- Digital Video Systems, Inc. (Nasdaq: DVID) today announced that the backlog for delivery in March 2000 has exceeded $10 million, the highest in the Company's records. Although most businesses and government offices in China were closed for about two weeks to observe the Chinese New Year, orders for the Company's DVD products have surged since late February. DVS' Co-chairman and CEO Ms. Kuo stated, "I believe we are going to make a new record of sales in March." ABOUT DVS Digital Video Systems, Inc. is a technology company specializing in the development and application of digital video technologies. With a focus on Digital Versatile Disc (DVD) technologies and applications, the Company currently develops and markets DVD-ROM drives, DVD players including subassemblies and components, and Video Engines for the consumer, commercial and computer peripherals markets. Established in 1992, DVS is a publicly held company headquartered in Mountain View, Calif., with a branch office or subsidiary in Taiwan, Hong Kong, Bermuda, South Korea, and China. DVS is a trademark of Digital Video Systems, Inc. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the private Securities Litigation Reform Act of 1995 that involve various risks and uncertainties, including, without limitation, statements with respect to DVS' strategy, proposed sales of DVS' products, markets, and the development of DVS' products. DVS' actual results may differ materially from those described in those forward-looking statements due to a number of factors, including, but not limited to, risks of competition and the enforceability of DVS' patents and other intellectual property rights, risks relating to the development and market acceptance of DVS' products, risks related to planned rapid growth of the DVS' business, risks of conducting business in foreign countries, and risks of limited capital after substantial losses in prior years, which factors and others described in documents that DVS files from time to time with the SEC, including the report on Form 10-K for the fiscal year ended March 31, 1999 and reports on Form 10-Q for the quarters ended June 30, September 30, and December 31, 1999. For more information on DVS and its products, email to info@dvsystems.com, call 650-564-9699 or visit: www.dvsystems.com. SOURCE Digital Video Systems, Inc. (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Investor Relations, Digital Video Systems, Inc., 650-564-9699 WEB PAGE: dvsystems.com GEOGRAPHY: California INDUSTRY CODE: CPR SUBJECT CODE: ECO * end of story ***