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

To: StockDung who wrote (712)	12/7/2000 5:48:06 PM
From: blebovits	Respond to of 924

Constellation 3D Gears Up To Deliver FMD Technology To Market NEW YORK, Dec 7, 2000 (BUSINESS WIRE) -- Smashing the barriers of existing data storage formats, Constellation 3D targets key markets for FMD technology - from HDTV digital cinema and hand-held applications - to corporate archives Constellation 3D, Inc. (NASD: CDDD chart, msgs) today announced plans to develop its breakthrough Fluorescent Multilayer Disc (FMD) technology for delivery across key strategic markets. Products will include: FMD High Definition VCR; FMD Micro R/W; and FMD WORM CA, with applications spanning the digital cinema, hand-held and corporate arenas. "Based on the market feedback generated from our recent technology presentations in London, Frankfurt and New York, this development is part of our strategy to make FMD the preferred storage solution of the future across a wide array of products and applications," said Constellation 3D CTO Vladimir Schwartz. "The future of data storage requires the industry move beyond 2-dimensional memory to achieve the high capacity the market demands. We've demonstrated the feasibility of this technology, and we're excited to be entering the development stage that will make FMD a mass market reality." To that end, Constellation 3D will work to deliver the following products to the market. Products and Specifications: I. FMD High Definition VCR (Applications:HDTV Digital Cinema) Media Specifications: Capacity - 32GB/Side Layers - 10/Side Speed Reading - 20mB/Sec Speed Recording - 10Mbit/Sec II. FMD Micro R/W (Applications:Laptop Hand-Held, Palm Top Computers) Media Specifications: Disc Diameter- 45mm Capacity - 5GB/Side Layers - 10/Side Speed Recording - 3MB/Sec Speed Reading - 10MB/Sec III. FMD WORM CA (Applications:Corporate Archive) Media Specifications: Disc Diameter - 300mm Number Discs on a Spindle - Up to 5 Disc Capacity - 200 GB/Side Layers - 10/Side Speed Recording - Up to 30 MB/Sec Speed Reading - Up to 40MB/Sec These products will be developed and produced in conjunction with industry partners and are based on the achievements in the company's research and development program. About FMD Technology. The introduction of FMD smashes the barriers of existing data storage formats. Depending on the application and the market requirements, the first generation of 120mm (CD Sized) FMD ROM discs will hold 25 - 140 Gigabytes of pre-recorded data on 10 - 30 data. In comparison, a standard DVD disc holds just 4.7 Gigabytes. With C3D's proprietary parallel reading and writing technology, data transfer speeds can exceed 1 gigabit per second, again depending on the application and market need. Constellation 3D, Inc. develops advanced data storage products including the ultra high capacity Fluorescent Multilayer Disc and ClearCard. The company has offices in New York and Massachusetts, and laboratories in California, Israel and Russia. Constellation 3D holds or has made applications for over 80 worldwide patents in the field of optical data storage. More information is available at www.c-3d.net. Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results. THE SEC AND NASD HAVE NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Contact: Press Inquiries: Mullen Mark Gauthier/Sandy O'Toole 978 468 1155 mark.gauthier@mullen.com sandy.otoole@mullen.com or Constellation 3D, Inc. John Ellis, VP of Marketing 978 371 7787 marketing@c-3d.net or Investor/Broker Inquiries: investors@c-3d.net or Business Development Inquires: Constellation 3D, Inc. Patrick Maloney, SVP of Business Development businessdev@c-3d.net or Legal Inquiries: Michael L. Goldberg, Esq., Director of Legal Affairs 954 568 3007 mlg.esq@worldnet.att.net News provided by COMTEX User Agreement