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

To: John Rieman who wrote (47964)	12/20/1999 8:32:00 AM
From: BillyG	Read Replies (1) \| Respond to of 50808

C-Cube Powers Cisco Video-Over-IP Networking Product MILPITAS, Calif.--(BUSINESS WIRE)--Dec. 20, 1999--C-Cube Microsystems (Nasdaq: CUBE) today announced that their single-chip DVxpert(TM) 5120 broadcast CODEC for streaming digital video over the Internet will provide MPEG-1 and MPEG-2 video encoding for Cisco Systems' (Nasdaq: CSCO) newly announced Video-Over-IP Networking product, the IP/TV 3400 Broadcast Server. The C-Cube CODEC has been integrated into an advanced digital video networking solution created by Optibase, a leading provider of streaming media solutions for broadband internet applications. Earlier this year, Optibase announced a formal agreement to supply Cisco with its solution for the IP/TV 3400 Server. Cisco selected the Optibase solution with C-Cube CODEC for their IP/TV Broadcast Server to allow efficient streaming of high quality video over networks while conserving bandwidth. "We are pleased to have C-Cube as a silicon partner," said Bob DeFeo, President of Optibase, Inc. "C-Cube's CODEC plays an important role in our MPEG digital video technology and is ideal for Cisco customers who wish to deliver high quality video across the enterprise." "Delivery of high quality, real-time video over narrowband as well as broadband networks is critical to the future success of the Video-Over-IP market," said Ray Newstead, vice president and general manager of C-Cube's Broadband Network Division. "We meet the market's challenge with a low-cost solution that incorporates the broadcast industry's most advanced MPEG compression algorithms and image processing techniques for delivery of the richest possible image quality to the desktop." About DVxpert 5120 C-Cube's DVxpert 5120 CODEC (encoder/decoder) is a single-chip solution designed to address the video compression and decompression demands of one and two-way video networking applications including streaming video, video conferencing and video surveillance. For streaming video over Internet Protocol (IP) this fourth generation CODEC provides broadcast quality content creation, transmission, and video playback over narrow, middle and broadband Internet pipes. About C-Cube C-Cube Microsystems Inc. is the industry leader in the development and delivery of highly integrated digital video silicon and systems solutions. C-Cube's Semiconductor Division delivers digital video silicon and systems solutions for the communications and consumer electronics markets. C-Cube's DiviCom Division is a leader in the deployment of digital video networks. C-Cube is headquartered in Milpitas, California with offices in North America, Europe, and Asia. Its stock is traded on the Nasdaq under the symbol CUBE. C-Cube can be reached at +1.408.490.8000 or at c-cube.com. C-Cube's DiviCom Division is based in Milpitas, Calif. and can be reached at +1.408.944.6700 or at divi.com. C-Cube and the C-Cube logo are registered trademarks of C-Cube Microsystems, Inc. DiviCom is a registered trademark of DiviCom, Inc. CONTACT: C-Cube Microsystems Inc. Molly McCarthy, 408/490-8017 (Public Relations) molly.mccarthy@c-cube.com or Steven Horwitz, 408/490-8561 (Investor Relations) steven.horwitz@c-cube.com