SANYO and PacketVideo Link Forces to Realize Next-Generation Two-Way Mobile Videophones
BUSINESS WIRE - February 29, 2000 08:15
SAN DIEGO, Feb 29, 2000 (BUSINESS WIRE) -- SANYO North America Corp., a subsidiary of SANYO Electric Co. Ltd., a major world provider of multimedia and mobile communications devices, and PacketVideo Corp., the global leader in wireless multimedia communication software and services for mobile applications, today announced that SANYO North America will develop a two-way mobile videophone based on PacketVideo's MPEG-4 compliant wireless multimedia software.
This videophone will use the 3G(Generation)-324M protocol stack in PacketVideo's software to enable two-way communication of real-time video and audio over 2.5 and future 3G mobile networks.
PacketVideo provides software-based encoding and decoding products that enable content providers and wireless carriers to deliver not only data, but also rich media content, to mobile users anytime, anywhere.
SANYO's two-way mobile videophone is expected to be among the first in the market using a software codec, and PacketVideo's air-interface independence will make the device capable of high-quality, two-way video on today's PHS networks as well as tomorrow's 3G networks. The videophone is expected to reach general production in 2001.
"PacketVideo provides us with a high-quality, standards-compliant software platform which accelerates our time to the market and enhances our flexibility in easily introducing new capabilities," said Dr. Masahisa Shimizu, the top executive for SANYO Multimedia Center USA, a division of SANYO North America. He firmly believes "our joint project with PacketVideo marks the first steps toward the successful realization of real-time, two-way mobile videophone communications."
With two-way mobile videophones, callers can see one another and send images of scenery or other items, resulting in a more complete communications experience. PacketVideo's superior compression, error resilience, and concealment technology allows videophones to display high-quality video, even in error-prone mobile wireless environments.
"SANYO is a leading innovator in mobile communications. Their mobile phone systems are recognized worldwide for their performance, reliability and advanced capabilities. The mobile videophone is yet another example of their progressive approach to the market," said Dr. James Brailean, co-founder, president and chief technology officer of PacketVideo. "We are very pleased to be working with SANYO in taking this new two-way wireless capability to market."
About SANYO
SANYO is a global leader in multimedia and mobile communications. The company's businesses cover a broad range of multimedia and information systems, home appliances, commercial equipment, electronic devices, batteries and other products. SANYO's net sales in fiscal 1999, concluded in March 31, 1999, amounted to 1,818.2 billion yen (US$15,151 million). The SANYO group is truly an international organization, consisting of 149 affiliates employing over 110,000 persons globally. (URL sanyo.com)
About PacketVideo
PacketVideo is the global leader in wireless multimedia software and services for mobile applications. The company's MPEG-4 compliant encoding, distribution and decoding software enables content providers and carriers to deliver rich media, not just data, to mobile users anytime, anywhere over any digital wireless network.
Founded in 1998, PacketVideo is based in San Diego in the heart of "Telecom Valley." The company's investors include Credit Suisse First Boston, Intel Capital (Nasdaq:INTC), Nexus Group LLC, QUALCOMM Inc. (Nasdaq:QCOM), Reuters Group PLC (Nasdaq:RTRSY), members of the Rockefeller family, Siemens Mustang Ventures, Sony Corporation of America (NYSE:SNE) and others. To learn more, visit the company's Web site at www.packetvideo.com.
Note to Editors: PacketVideo and PacketVideo product names are trademarks or registered trademarks of PacketVideo Corp. Other names mentioned herein may be trademarks of the party using such names. |
