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To: BillyG who wrote (26864)	12/18/1997 12:46:00 PM
From: BillyG	Read Replies (1) \| Respond to of 50808

Nimbus CD International Invests in European DVD Manufacturing Company Positioned to Supply DVDs for Spring Market Launch CHARLOTTESVILLE, Va., Dec.18 /PRNewswire/ -- Nimbus CD International, Inc. (Nasdaq: NMBS), one of the world's largest independent manufacturers of compact discs, announced today that it will invest approximately $4.5 million in DVD manufacturing capability to support the European market. Lyndon J. Faulkner, Chairman and CEO of Nimbus, said, "The introduction of DVD production capability in Europe will complement our already proven capability in the U.S. and allows us to better serve our international customer base for DVD product." Faulkner added, "The European market for DVD is anticipated to grow significantly over the next few years. To date, we've already produced more than 50 titles for Europe through our U.S. facility. This investment will allow Nimbus to take advantage of a growing number of early market opportunities in Europe and enhance our position as a leading DVD supplier." Nimbus also announced today, in a separate release, that production of DVD units in its U.S. facility, has surpassed the 1 million mark. Nimbus is installing full-service DVD production capability, which includes high-density UV mastering, disc manufacturing, bonding and specialized DVD test equipment. The new DVD-dedicated equipment, will be installed in Nimbus' Cwmbran, Wales facility and is scheduled to be fully operational by March of 1998 -- just prior to the official launch of the DVD format in Europe. The investment will allow Nimbus to offer a complete range of DVD-Video and DVD-ROM production services and will support the DVD-5 (single-sided, single layer), DVD-9 (single-sided, dual layer) and DVD-10 (dual-sided, single layer) formats. The expansion will have a capacity to produce 4-5 million units of DVD discs annually. Nimbus' DVD investment in Cwmbran, Wales follows completion of its new, full-service manufacturing facility in Foetz, Luxembourg. Together, the Luxembourg and UK facilities will support the Company's strategy for international expansion in Europe. Nimbus is one of the world's leading independent manufacturers of optical discs distributed throughout North America, the United Kingdom and continental Europe. The company is at the forefront of optical disc manufacturing technologies and provides complete audio, software and DVD disc replication services. "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. SOURCE Nimbus CD International, Inc. /CONTACT: L. Steven Minkel, Chief Financial Officer, 804-985-1100, ext. 371; Lorri Haney, Director, Marketing, 804-985-1100, ext. 457, both of Nimbus; or Kim Freeman of The Terpin Group, 212-473-7500, for Nimbus/ (NMBS) Headlines Next Story