SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ESST-the new beginning. -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (3461)6/16/2003 8:18:00 PM
From: SemiBull  Read Replies (1) | Respond to of 3493
 
ESS Technology Ships Vibratto(TM)II DVD Chips

Monday June 16, 7:31 am ET

Innovative Single-Chip Servo-Decoder Powers More Affordable and Feature-Rich DVD Players

FREMONT, Calif., June 16 /PRNewswire-FirstCall/ -- ESS Technology (Nasdaq: ESST - News), a leading provider of silicon solutions for digital imaging, video and audio consumer electronics, announced that its newest, highly integrated front-end and back-end DVD processor, the Vibratto(TM)II, is now shipping in volume quantities to major OEMs in both China and Korea. The company expects that at least six different models of DVD players with Vibratto(TM)II inside will be shipped to retailers this month, with more models moving to volume production in the quarter ending September 30, 2003.

The Vibratto(TM)II product line incorporates the latest MPEG-2 video decoding technologies and DVD digital servo technologies to provide a complete front-end and back-end DVD solution on a single chip. This advanced system-on-a-chip DVD solution reduces product costs and increases processing power by integrating the front-end servo function and back-end MPEG decoder. The high-performance Vibratto(TM)II enables OEM manufacturers to offer feature-rich DVD players at more attractive price points.

The capabilities of the Vibratto(TM)II product line include high-quality progressive scan video output, Dolby® Surround audio decoding, Dolby-EX, DVD Audio, DTS-ES, S/PDIF input as well as CCIR656 output. With these features, the Vibratto(TM)II is also targeted as a cost effective solution for the high-end DVD machine such as DVD Receiver, HTiB (Home Theater in a Box) and Portable DVD. The Vibratto(TM)II supports DVD optical pickup heads from major suppliers and the most popular types of disc media, including CD, CD-R/RW, DVD-R/-RW, and DVD+R/+RW.

"The new, integrated design of Vibratto(TM)II, together with our excellent technical support, means that our customers have much shorter time-to-market for their products," stated Patrick Ang, executive vice president and chief operating officer of ESS Technology. "With Vibratto(TM)II in volume shipment, ESS is demonstrating again its commitment to continuing as a leader in digital entertainment solution providers. While OEMs are benefiting from manufacturing cost savings and ease of production, consumers can enjoy high-quality DVD players with enhanced features as well as reduced prices. We believe the Vibratto(TM)II DVD solution is a perfect match to what the global DVD market needs today to keep up with the rapid expansion of demand at a variety of performance and price points," Mr. Ang concluded.

About ESS Technology

ESS Technology, Inc. is a leading supplier of high-performance feature-packed chips for the rapidly expanding DVD and digital entertainment markets. The company is also a leading provider of solutions for applications in the growing consumer entertainment market. ESS provides advanced products that enable the emergence of digital home systems that deliver and manage entertainment and information in the home.

ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices worldwide. ESS Technology's common stock is traded on the Nasdaq National Market under the symbol "ESST." ESS Technology's web site address is: esstech.com .

The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, the timely availability and acceptance of ESS's new products, the possible reduction of consumer spending occasioned by general economic conditions, the dependence on continued growth in demand for consumer multimedia products, the possible reduction of consumer spending occasioned by terrorist activity and armed conflict, the effect of SARS on the global economy, and the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10- K, Form 10-Q and Form 8-K. Actual results could differ materially from those projected in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

NOTE: All trademarks mentioned in this news release are owned by their respective holders and are used in this news release for identification purposes only.

--------------------------------------------------------------------------------
Source: ESS Technology, Inc.