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Technology Stocks : Faroudja FDJA -- Ignore unavailable to you. Want to Upgrade?

To: OJS who wrote (94)	4/6/1998 4:27:00 PM
From: Douglas Nordgren	Read Replies (1) \| Respond to of 249

NEWS: Faroudja Inc. Announces Digital-Format Translator Alliance With Modern Videofilm biz.yahoo.com SUNNYVALE, Calif.--(BUSINESS WIRE)--April 6, 1998--Faroudja Inc. (NASDAQ/NM:FDJA - news) Monday announced that its alliance with Modern Videofilm for the design and development of product specifications for digital-format translators has resulted in Faroudja's new Video Solutions Digital Format Translator line of products for broadcasters, cable and satellite services, and post-production houses. Modern Videofilm, as one of the largest all-digital post- production facilities in the world, contributed its technical expertise and vast background in film and television client services to Faroudja's concerted efforts in digital-format translation over the past year. Modern Videofilm's episodic-television clients include ''Walker, Texas Ranger'' (CBS/Amadea); ''Baywatch'' (Baywatch Productions); ''Friends'' (Warner Bros.); ''Home Improvement'' (Disney); ''Star Trek: Voyager,'' ''Star Trek: Next Generation'' and ''Star Trek: Deep Space Nine'' (Paramount); ''Suddenly Susan'' (Warner Bros.), ''Profiler'' (NBC Studios); ''Everybody Loves Raymond'' (Talk Productions); ''Nash Bridges'' (Don Johnson Productions); and ''Veronica's Closet'' (Warner Bros.). Faroudja's Digital Format Translator provides a range of modular solutions for the delivery of a variety of digital-television (DTV) and high-definition-television (HDTV) video formats to help clients provide new digital-television services. ''We pride ourselves on being the most flexible all-digital post- production facility in the world today,'' noted Moshe Barkat, founder of Modern Videofilm. ''As such, we are extraordinarily pleased with the flexibility and ease of use of the Faroudja Digital Format Translator. At Modern Videofilm, we will be translating video content from numerous sources, which will arrive in the wide range of formats that we have dealt with historically. ''It is most exciting to realize that we can now, with the Digital Format Translator, switch easily from one format to the next, and seamlessly insert a mix of source materials.'' Mike Moone, president of Faroudja, commented: ''There are 18 different video formats for digital television, which will begin its rollout in major cities this fall, in accordance with the FCC mandate. ''As a company that has focused solely on the enhancement of video images and superior video processing for 27 years, Faroudja decided to utilize its technology platform to create easy solutions for those in the broadcast industry, whatever their choice of digital format turns out to be.'' ''Faroudja's Digital Format Translators provide HDTV-quality video in a variety of formats, including 480p, 720p and 1080i, from today's analog (NTSC) and digital sources. Broadcast professionals can continue to use much of their existing equipment, saving millions of dollars in capital,'' noted Tom Harvey, vice president of sales and marketing for Faroudja. Many of Faroudja's patented technologies are incorporated into the Video Solutions Digital Format Translator line, including Faroudja's broadcast decoder, noise reducer, de-interlacer, scaler and video enhancer. Faroudja's growing number of consumer and commercial products are designed to bring HDTV-quality images to the digital-broadcast, display, PC/TV-convergence and home-theater markets. Faroudja is recognized around the world for its superior video-processing technology, and holds more than 50 patents. Faroudja has received numerous awards, including an Emmy award for Engineering Development and a National Association of Broadcasters Engineering Award.