Here's some more news for me to post to nobody...hopw y'all enjoy...
Wednesday May 27, 9:29 am Eastern Time
Company Press Release
MultiDisc Technologies Successfully Debuts Its eXpandable Network Server Prototype
Enthusiastic Response to Data Storage Industry's First Modular Stackable Storage Library Received
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--May 27, 1998--MultiDisc Technologies Inc., a division of Spatializer Audio Laboratories Inc. (Nasdaq:SPAZ - news) and leading developer of innovative and scalable storage media server technologies, Wednesday announced that it successfully debuted its first generation eXpandable Network Server (XNS) prototype to a select group of prospective licensees, potential OEM customers, independent software vendors and data storage industry analysts at the Association for Information and Imaging Management (AIIM) annual trade show and exhibition in Anaheim, Calif.
''We envision tremendous opportunity for DVD-RAM in data server products such as MultiDisc's modular, expandable XNS server,'' said Werner Glinka, senior director of marketing, Optical Storage Products, Hitachi America Ltd.
''Our Hitachi GF-1050 DVD-RAM SCSI interface drive is a fully rewriteable, high-capacity random access storage technology which, coupled with UDF file format, will enable exciting new CD/DVD server products like the MultiDisc Modular Stackable Storage Library to compete vigorously with optical and tape libraries.''
''Our investment in the MultiDisc Modular Stackable Storage Library (MSSL) technologies is about to bear fruit, having now successfully showcased our XNS prototype library server, demonstrating the very significant performance capabilities and unlimited scalability of our next generation architecture.
''Although we're just beginning to evangelize the MSSL concept, the most significant components of our prototype development and principal software integration challenges have been successfully addressed. The enthusiastic responses received at AIIM lead us to believe that we are on the right track,'' said Steven D. Gershick, president and CEO of Spatializer Audio Laboratories.
MultiDisc's MSSL technology combines the robotic approach of an optical storage jukebox with the scalability of a disk array to create a data storage solution with unlimited growth potential in both capacity and performance. In the past, data jukeboxes have seen only modest market acceptance, largely because of slow data access times.
Through implementation of ultra high-performance architecture and infinitely variable disc-to-drive ratios, MSSL access times can be reduced from seconds to milliseconds for data accessed on a regular basis.
''MultiDisc Technologies has broken new ground with their modular, expandable approach to DVD rewriteable server products,'' said Mary Bourdon, principal analyst for Optical Storage Products at Dataquest. ''Technologies such as the MultiDisc eXpandable Network Server have the potential to move rewriteable optical storage from niche applications into much larger data server markets, such as video-on-demand, enterprise networking, Internet/intranet servers and back-up/restore.''
MultiDisc's technology advancements are specifically targeted at capitalizing on the significant growth opportunities forecasted for data storage products, which among other things include the rapid growth of Windows NT network servers in the enterprise and on the Internet. In addition, the speed, capacity and cost advantages of 12cm rewriteable optical media such as DVD-RAM will bring new levels of price/performance to the mass storage, back-up and archival markets.
MultiDisc's proprietary and patent pending modular expandability permits virtually unlimited growth in system disc and drive capacity without costs of redundant mechanics or electronics and allows all drives to be accessible by all discs in any expanded system. In addition, system speed and performance is fully scalable by controlling system disc-to-drive ratios through reconfigurable and swappable disc and drive sub-modules.
MultiDisc Technologies is a leading developer of innovative and scalable CD/DVD server designs targeted at network and enterprise computing, data warehousing & mining, Internet applications, document imaging and management, corporate archiving and specialized vertical markets such as video-on-demand.
The MSSL systems are based upon the company's proprietary and patent pending robotics, electronics and software innovations, which includes more than 50 U.S. patent applications.
The company is a wholly owned subsidiary of Spatializer Audio Laboratories, a leading developer, licenser and marketer of next- generation technologies for the consumer electronics, computing and entertainment industries.
Spatializer's advanced audio technology is incorporated into consumer electronics audio, video and DVD products from global brand leaders including Toshiba, JVC, Panasonic, Hitachi, Sharp, Sanyo and Proton, as well as in PC multimedia systems and peripherals from Compaq, AST, Hewlett-Packard, Texas Instruments, Digital Equipment Corp. [NYSE:DEC - news], Seiko-Epson, Everex and Labtec.
Spatializer stock is traded on the Nasdaq Small Cap Market system under the symbol SPAZ. The company has headquarters in Woodland Hills and has marketing, engineering and R&D facilities in Mountain View, Calif., Huntington Beach, Calif., and Tokyo. Further information may be obtained from Spatializer's Securities and Exchange Commission filings, Web site or by contacting the company directly.
Safe Harbor Act Statement Under the Private Securities Litigation Reform Act of 1995: The statements of Gershick in the fourth and fifth paragraphs and certain other information in this news release are forward-looking and involves risk and uncertainties that could significantly impact the results, including but not limited to, satisfactory completion of the transactions contemplated herein, dependence on new technology and intellectual property, timely completion of prototype products, including establishment of satisfactory strategic manufacturing and licensing arrangements, the introduction of new competitive technologies, and other risks detailed from time to time in the company's periodic reports filed with the SEC.
Note to Editors: MultiDisc news releases are available for retrieval on the MultiDisc Web site, www.multidisc.com and the Spatializer Web site, www.spatializer.com.
eXpandable Network Server and XNS are trademarks of MultiDisc Technologies Inc. Spatializer is a registered trademark of Desper Products Inc. All other trademarks are the property of their respective owners.
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Contact:
MultiDisc Technologies Inc.
Tim Bratton, 650/949-3867
tbratton@spatializer.com
or
Spatializer Audio Laboratories Inc.
Henry Mandell, 818/227-3370
henrym@spatializer.com
or
multidisc.com
spatializer.com |
