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To: Stoctrash who wrote (24914)11/6/1997 12:38:00 PM
From: DiViT  Respond to of 50808
 
SGS and DAEWOO Create Joint Design Center for Consumer
Microelectronics
ÿ
11/06/97
Business Wire
(Copyright (c) 1997, Business Wire)
ÿ

PARIS--(BUSINESS WIRE)--Nov. 6, 1997--Daewoo Electronics and SGS-THOMSON Microelectronics announced today an agreement to establish a joint design center company in Seoul, Republic of Korea. The center will be used to develop ICs for existing consumer electronics applications and future products for digital and high definition TV, digital VCR and DVD , telecommunications, computing and other products jointly selected by the two companies.

The design center, located in DAEWOO's premises in Seoul, will be initially staffed by around 20 people. When fully operational, the venture will have about 60 design engineers.

Pasquale Pistorio, President and Chief Executive Officer of SGS- THOMSON, said "This joint design center will provide the basis of a broad cooperation between our two companies and is a cornerstone of our development in the Asia-Pacific region and in the consumer market. By working closely we will gain a greater understanding of our customer's needs and will develop ICs dedicated to their applications. Korea has become a major developer and supplier of electronics goods and DAEWOO is a leading consumer electronics manufacturer. We are happy to be working closely with them."

Dr Soon-Hoon Bae, Chairman and Chief Executive Officer of Daewoo Electronics, said "By establishing the joint design center with SGS-THOMSON, DAEWOO is able to obtain advanced IC design expertise which will be very crucial to develop state-of-the-art analog and digital consumer products in the future. SGS-THOMSON is an independent semiconductor supplier with worldwide manufacturing facilities and a leader in multimedia ICs. I believe the cooperation of the two companies will help DAEWOO become a world leading manufacturer of key consumer electronic products in the 21st Century."

The joint design center company will be equally owned by DAEWOO and SGS-THOMSON and the position of president of the joint venture will alternate between the two companies, with the first president being Dr Chan Hyoung Kang, who is Executive Director of DAEWOO. "This joint venture is creating a great opportunity for both companies to benefit from the expertise of each other. I am confident we can create a center of excellence for the design of consumer electronics ICs."

Daewoo Electronics Co., Ltd. is one of the leading manufacturers of consumer electronics goods in Korea and a core company of the DAEWOO Group. As end of 1996, the company operates six domestic plants and produces major consumer electronics products. The company has 87 sites in its overseas network. Daewoo Electronics recorded US$4.8 billion sales and 14.2% growth in 1996. Daewoo Electronics was ranked as the leading exporter of the top five major products among the Korean consumer electronics manufacturers. In October 1997, the company was selected as one of 'The World's Most Admired Companies' by FORTUNE and also as one of 'The 100 Best-Managed Companies' by Industry Week, USA. Information on Daewoo Electronics can be found at www.dwe.daewoo.co.kr.

SGS-THOMSON Microelectronics is a global independent semiconductor company with strong European roots listed on the New-York Stock Exchange (NYSE:STM) and on the Bourse de Paris. It designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. For the year 1996, the company had revenues of $4.12 billion and net earnings of $625 million. Further information on SGS-THOMSON can be found at www.st.com. In 1996, the company has received numerous awards, including the European Quality Award, and has been recognized as one of the world's best companies by Industry Week and Upside magazine.

CONTACT: Press: SGS-THOMSON Simon Loe Press Relations Tel: (St.Genis) 011.33.4.50.40.25.58 or Investor Relations: SGS-THOMSON Francois Guibert, Group Vice-President Business Planning and Development Tel: 011.33.4.50.40.25.94 or Morgen-Walke Europe Caroline Bruel/Madeleine Resener Tel: 011.33.1.47.03.68.10 or Morgen-Walke Associates, Inc Michele Katz/Jessica Davis Press: Brian Maddox/Estelle Bieber Tel: 212.850.5600
09:21 EST NOVEMBER 6, 1997



To: Stoctrash who wrote (24914)11/6/1997 12:45:00 PM
From: DiViT  Respond to of 50808
 
Videonics Python Now Shipping; Python Adds Inexpensive High Quality
Digital Video to the Internet
ÿ
11/06/97
Business Wire
(Copyright (c) 1997, Business Wire)
ÿ

CAMPBELL, Calif.--(BUSINESS WIRE)--Nov. 6, 1997--Videonics Inc. (NASDAQ:VDNX) today announced it has begun shipping Python, a video capture device which makes it easy for PC and laptop users to send video e-mails, create video Web pages, and add video to multimedia presentations.

Python creates highly compressed video in real time, using the industry-standard MPEG -1 format. It has a U.S. suggested retail price of $349.

"Python is the second in a series of new products shipping this quarter," commented Michael D'Addio, Videonics' President and CEO. "This exciting new product expands our product line to the PC and Internet market and brings affordable digital video to millions of Web users."

"Videonics has been a pioneer in digital video technology since 1989," Mr. D'Addio continued. "Our video expertise gives us the ability to present a much better picture than people have seen before on computer screens. Python's mail capability is easy to use, fun, and very fast. We are providing advanced compression and transmission technologies that make Python one of the fastest and most efficient way to send videos."

Python captures, digitally compresses, and plays back video from any video source including camcorders, VCRs, and cameras. It delivers high-quality MPEG -1 video in real-time without the complexity and expense of internal video capture boards. Python also captures high-resolution JPEG still pictures. Software for viewing MPEG video and JPEG still pictures is widely available on most PCs.

Python is extremely straightforward, even for novice users. It connects in seconds, directly to the computer's parallel port. A simple on-screen graphic interface offers color, sound and video "transport" controls, giving users easy access to the Python's full range of features. The user captures videos with a click of the mouse. Another click automatically sends the clip via e-mail, re-compressing it to optimize transmission, even by modem connection. Python is one of the most efficient ways to transmit videos anywhere in the world.

Web publishers will find Python the perfect tool for Web video. One click saves the video in Web-ready form and creates a ready-to-go Web page that links to the video. Python also captures audio, using the computer's existing sound card, and synchronizes it with the video into a single MPEG -1 file.

Included with Python is more than $1,000 dollars of free bundled software, most of which is integrated into Python's already easy to use application. Videonics bundling partners include:


Xing StreamWorks Server and Player: The StreamWorks Server enables the real time streaming transmission of MPEG audio and video.

Kai's Photo Soap SE: This revolutionary program gives users all the power of professional retouching. Whether you have an old photograph cracked from age, or an indoor shot turned yellow by poor lighting, Kai's Photo Soap SE software allows users to quickly and easily touch-up and enhance video snap shots.

Astound: With Astound, users have everything they need to quickly and easily create presentations, slide shows, kiosks, computer-based training, animated demonstrations and hot Web pages.

"We're very excited about bringing Videonics' video expertise to this important market. With its affordability, unique features and overall user-friendliness, Python is pioneering a new product category that will bring video e-mail and video on the Web within the reach of mainstream computer users," noted Heather Petersen, Product Marketing Manager for Python.
Videonics is a leading designer of affordable, high-quality, digital video post-production equipment for the broadcast, cable, business and industry video post-production markets and the home video producer. Videonics products include edit controllers, mixers, signal processors, character generators and video editing software solutions. Its stock is traded in the U.S. on the NASDAQ National Market System under the symbol VDNX. More information on Videonics may be obtained from the company's SEC filings, or by contacting the company directly.

CONTACT: Videonics Jim McNeill, 408/866-8300
11:02 EST NOVEMBER 6, 1997



To: Stoctrash who wrote (24914)11/6/1997 2:02:00 PM
From: Bill DeMarco  Read Replies (1) | Respond to of 50808
 
Fred,

Thanks for the thorough response. The DVD wins are what I was trying to ask Billy about - just couldn't remember that far back in the posts - this no "info" sh*t is ridiculous. I'm getting tired of watching CUBE slipping down. Thanks again Fred.

Bill

PS: No offense taken - do the products inside the boxes have C-Cube printed on them?



To: Stoctrash who wrote (24914)11/6/1997 5:09:00 PM
From: John Rieman  Read Replies (2) | Respond to of 50808
 
C-Cube officials have been saying that they will make customer announcements at COMDEX. It starts 11/17.