To: 2sigma who wrote (24857 ) 11/5/1997 10:27:00 AM From: BillyG Read Replies (2) | Respond to of 50808
Creative corrects the incorrect press release about its DVD sales........ Creative Technology Corrects News Reports SINGAPORE, Nov. 5 /PRNewswire/ -- Creative Technology Ltd. (Nasdaq: CREAF) today corrected press reports regarding sales of its DVD products. While sales have been strong and the Company perceives there to be strong demand, shipments have not yet reached the six-figure per month rate cited by certain press reports. Shipments of DVD continue to ramp up and are at levels consistent with forecasts used for revenue guidance by the Company. Creative Technology Ltd. is the world's leading provider of advanced multimedia solutions for personal computers, including sound, graphics, communications and video conferencing products. The company's Sound Blaster technology has been accepted as the worldwide standard sound platform for PCs, and the company's global distribution network is among the most extensive in the multimedia industry. Armed with its strategic alliances, Creative's OEM division is continually developing and delivering its high-performance Creative ViBRA(TM) solutions and other Creative products specifically designed for the OEM market. Creative is focused on enhancing the overall user experience by providing powerful, enabling, high-value technology for the mass market. Sound Blaster and Blaster are registered trademarks of Creative Technology Ltd. in the United States and/or other countries. All other products mentioned herein are trademarks of their respective owners and are hereby recognized as such. SOURCE Creative Technology Ltd. /CONTACT: Rick Myllenbeck of Creative Labs, Inc., 408-434-5700, or rickm@soundblaster.com/ (CREAF)