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To: Sir Auric Goldfinger who wrote (813)7/19/2001 9:56:43 PM
From: blebovits  Read Replies (1) | Respond to of 924
 
July 19, 2001

Dow Jones Newswires
Constellation 3D Cites Margin Calls For Stk Activity

NEW YORK -- Constellation 3D Inc. (CDDD) said the increased trading volumes and decreased share prices its stock experienced for several days last week were due to margin call sales and a misunderstanding about the exercise of certain warrants.

The stock hit a 52-week low of $2.46 on Friday on volume of 2.97 million shares and shares went as low as $2.50 on Monday on volume of 3.95 million shares. Average daily volume is 264,640 shares.

In a press release Thursday, the company said certain shareholders liquidated shares to meet margin calls, triggering a "snowballing" decrease in stock price, but investor confidence has since begun to reverse this effect.

Shares of Constellation 3D recently changed hands at $3.36, down 15 cents, or 4.3%, on volume of 1.9 million shares.

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Briefing Book for: CDDD



To: Sir Auric Goldfinger who wrote (813)2/24/2002 9:58:14 PM
From: StockDung  Respond to of 924
 
TIC Target Invest Consulting LLC Delayed In Providing Funding But Remains Committed To C3D


NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- Constellation 3D, Inc. (the "Company") (Nasdaq: CDDD) -- developer of Fluorescent Multilayer Disc (FMD) and Card (FMC) technologies and TIC Target Invest Consulting LLC ("TIC"), the Swiss-based investor, today jointly announced that TIC -- through no fault of the Company -- has been delayed in providing its $15 million funding to the Company. However, TIC remains committed to the Company and intends to fully fund its $15 million investment in the Company on or before March 14, 2002. In the interim, TIC has permitted the Company to seek a bridge loan and/or alternative financing from qualified third parties. The Company is currently in negotiations with additional investors, however no assurance can be made that an investment will be made or that if an investment is made it will be on terms favorable to the Company.

Andre Khayyam, Managing Director of TIC commented, "On our end, TIC has encountered some delays in assembling the necessary paperwork for arranging the availability of funds for the Company. I am confident that TIC will be able to resolve any outstanding issues over the next few days and anticipate funding the Company on or before February 28, 2002. In addition, TIC has agreed to convert the Loan underlying the transaction into common stock on or before March 31, 2002. The original agreement did not require TIC to convert until November of 2002."

Constellation 3D, Inc.

The Company is the worldwide leader in the development of high capacity Fluorescent Multilayer Disc and Card (FMD/C) technology. The Company holds or has made applications for 122 worldwide patents in the field of optical data storage, and is supported by a team of world-class scientists. Headquartered in New York City, the Company has additional offices and laboratories in Israel and Russia. More information is available at c-3d.net .

TIC Target Invest Consulting, LLC

TIC is a leading international technology investor registered in St. Kitts & Nevis with offices at Churer Strasse 35, CH-9470 Buchs, Switzerland that makes investments primarily for long-term appreciation. TIC's sole managing member is Mr. Andre Khayyam.

Safe Harbor Statement

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 such as "TIC remains committed to the Company and intends to fully fund its $15 million investment in the Company on or before March 11, 2002" and "The Company is currently in negotiations with additional investors, however no assurance can be made that an investment will be made or that if an investment is made it will be on terms favorable to the Company" and "I am confident that TIC will be able to resolve any outstanding issues over the next few days and anticipate funding the Company on or before February 28, 2002" are subject to risks and uncertainties which include, but are not limited to additional financings, market conditions, R&D efforts, competition, ongoing discussions with product and equipment manufactures, and technological advances, and "Risk Factors" as stated in recent SEC filings, which may cause actual results to differ materially from expected results.

For more information contact:

Investor/ Broker Inquiries: Company Contacts:

Bradley Meyer/Harvey Goralnick Michael Goldberg, Esq.

FOCUS Partners LLC 1 954 568 3007

1 212 752 9445 mgoldberg@c-3d.net

MAKE YOUR OPINION COUNT - Click Here

tbutton.prnewswire.com

SOURCE Constellation 3D, Inc.

CO: Constellation 3D, Inc.; TIC Target Invest Consulting LLC

ST: New York

IN: CPR HDW

SU: FNC

02/19/2002 08:45 EST prnewswire.com



To: Sir Auric Goldfinger who wrote (813)2/24/2002 10:00:29 PM
From: StockDung  Read Replies (1) | Respond to of 924
 
Blu-ray Disc set to replace DVD

AFP - Nine major international technology firms unveiled the "Blu-ray Disc", a new digital optical disc format that will eventually replace the popular DVD.

"It is a truly remarkable format, marking a new era," corporate senior executive vice president of Japan's Sony Corp Shizuo Takashino said after posing with a model of the disc.

The new invention is 12 centimetres in diameter, the same size as compact discs (CDs) and digital versatile discs (DVDs).

But the Blu-ray will use a blue laser to burn codes on to the disc instead of red -- multiplying the maximum data capacity of a single density, one-sided disc by five, to 27 gigabytes.

A DVD can only store 4.7 gigabytes of information.

The new format is capable of recording over two hours of digital high definition video and 13 hours of standard television broadcasting, the firms said.

The current DVD can record just 133 minutes of regular TV broadcasts.

The companies also plan a double density disc with a 50-gigabyte capacity that will increase the capacity by twice as much again.

Aside from Sony, other technology giants involved in the venture include South Korea's Samsung Electronics Co Ltd and France's Thomson Multimedia.

Licensing to other industry groups to develop products for the technology will begin in the next few months.

But the firms said they would head in their own directions in developing products for the format, and none were prepared to name a date for when their versions would hit the store shelves.

The executive corporate engineering adviser to Pioneer Corp, Masao Sugimoto, said the format would be able to take advantage of the spread of high-definition television, which had reached some 2.3 million Japanese households by the end of 2001.

"(The Blu-ray) is of great significance in terms of the further development of the electronics industry and the high definition broadcasting sector," Sugimoto said.

However the companies, wary of alienating DVD fans, said the new technological products could be made to be compatible with DVDs.

"It is possible," Sugimoto said. "These discs are based on a major base of infrastructure (to support DVDs) and the spread of high-definition television may not be all that sudden. We cannot simply disregard that."

But he said each company would decide individually whether to make the Blu-ray compatible with DVDs.

"This is a technological format and product planning is up to each company," he said.

Some 25.5 million DVD players are expected to be in consumers' hands by March 2002, according to Sony's estimates, a significant market penetration since the gadgets were only hit the market in 1996.

Jan Oosterveld, representing Dutch partner Royal Philips Electronics from the Netherlands, said the companies wanted to avoid the struggle over standards that plagued DVDs.

"You all know the struggle we had to come to one format in DVD. We wanted to avoid that right away," he said.