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To: Thure Meyer who wrote (19783)5/28/1998 9:47:00 AM
From: esterina  Respond to of 24154
 
v-chip & webtv

Tri-Vision's V-Chip Technology Available
On Special Internet Site by June 12 in
Conjunction With Encoding by
Broadcasters

Business Wire - May 27, 1998 17:24

%TRI-VISION TVL. %TENNESSEE %TELECOMMUNICATIONS
%COMPUTERS %ELECTRONICS %COMED %ENTERTAINMENT %PRODUCT
V%BW P%BW

Jump to first matched term

NASHVILLE, Tenn.--(BUSINESS WIRE)--May 27, 1998--Sixteen
days 'til v-chip.

In a response to Vice President Albert Gore's call to action today for
next steps to be taken on implementing v-chip technology, Tri-Vision
Electronics Ltd./Ltee agreed with retail distribution partner, Ingram
Entertainment to take advance orders on the internet for the V-gis(TM)
set top boxes.

National distribution in retail stores and through cable operators will
begin in late June and national coverage should be completed by
September 15.

"We are first to the market for parents who want to purchase the
V-gis(TM) set top box by June 12," said Todd Grunberg, vice president
of marketing and business development of Tri-Vision. "We have agreed
to begin selling our set top boxes via the internet site www.v-gis.com and
we already have some phone calls from many people who have heard
about the product by word of mouth."

Grunberg continued, "Parents concerned by the ever-increasing rate of
violence and inappropriate subject matter seen on television were given a
dose of good news today when the Vice President called for swifter
action on the encoding by the networks and the continued implementation
of the v-chip. Being first to the market with this unique technology that
will help parents choose programming all the way to the content level is
our response to the commitment the manufacturing industry made last
year to the Congress, the White House and most importantly to the
American people."

V-gis(TM) is Tri-Vision's proprietary brand name and technology for the
generic term v-chip.

The V-gis(TM) set top box is available in two products, one a decoder
and the other a converter/decoder. Suggested retail on the decoder is
USD$79.99 and on the converter/decoder USD$139.99.

Both V-gis(TM) products feature:

1) blocking technology that can read both the TV Guidelines and the
MPAA ratings;

2) an easy-to-follow on screen menu;

3) a unique one-time-set feature that the parent can set and leave alone;

4) a four-digit Parent Identification Number (PIN) that can turn the
device on or off easily;

5) a security sleeve that keeps older children from tampering or
disconnecting the device;

6) a unique infrared eye that modestly sits atop the TV while the
hardware is hidden behind the set;

7) in-home adaptable for any changes to ratings so that parents don't
have to buy new boxes for every change in the rating system.

The V-gis(TM) technology is software invented by Canadian Engineering
Professor Tim Collings. His work to complete the v-chip technology was
started after he was horrified by the massacre of 14 female college
students in 1989.

"In Canada, we have seen the same kind of awful violence that has been
ripping apart the fabric of America's youth," said Grunberg. "We honestly
believe that the V-gis(TM) technology is the first step needed to help
North America's parents manage the increased amount of violence,
sexual content, language and inappropriate dialogue being seen on our
TV's today."

Tri-Vision International Ltd./Ltee is a public company founded in
1986 and trading on Canada's Toronto Stock Exchange and Alberta
Stock Exchange under the symbol TVL. The Company is a world leader
in the rapidly-expanding communications technology industry.

Tri-Vision Electronics Inc., a wholly-owned subsidiary of Tri-Vision
International Ltd./Ltee, holds the exclusive global rights to the
proprietary v-chip technology developed by award-winning Canadian
inventor, Tim Collings.

For public relations and marketing information contact MBF&I at
615/255-6234 ext. 116 or at email to cc@mbfi-nashville.com. For
investor relations information contact Century Communications at
888/298-8551 (toll free) or by email to tri-vision@tri-vision.ca.

CONTACT: Tri-Vision, Nashville
Chris Cunningham, 615/255-6234, ext. 116



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To: Thure Meyer who wrote (19783)5/28/1998 10:49:00 AM
From: Reginald Middleton  Read Replies (1) | Respond to of 24154
 
<On trading floors most spreadsheets have a real-time data component and an SQL component as well as numerous embedded routines like the Techhackers library for bond calculations. On top of that a number of them use special formatting calls which even Microsoft can't make compatible from release to release.>

For one, history has proven you wrong since most shops have already switched to Excel, simple as that. Second, both the sales and technical staff of Tech Hackers' @nalyst package, their best selling product, will confirm that the demand for 123 has waned to close to nothing. Ask Antul, the guy that started the company. Even IBM/Lotus appears to be abandoning/offering waning support for the third party market for 123. This is due to the fact that most of thier customers disagree with your perception of switching costs. Third, most higher end proprietary models/functions are upgraded on a periodic basis in upper management's attempt top mitigate and minimize model risk, therefore there are often oppurtunities to switch spreadsheet platforms when the models are upgraded. The fourth point, the maturity and robustness of the Excel native programming languange and third party vendor support are a considerably greater than that of 123 (Visual basic fir applicatios compared to the souped up macro language, Lotus Script), allowing for much richer data access products and math library availability ex. Financial CAD, @nalyst, FEA, New Media Finacial, Finanseer, DAO, etc. as opposed to a piddly of add-ins for 123.

<Switching to a different product is a huge task. I know because I've done it.>

My associates have worked in or for the data access and VB/VBA programming deparmtents of four of the world's largest investment banks. It appears to them that politics in the IT department is responsible for a large portion of the switching costs.

<If you were to add up all the man hours for a whole corporation like Chase Bank it runs into a lot of cash and there is no gain in productivity or competitive advantage.>

Not true, see the earlier portion of my post or ask Morgan Stanley's General M&A department.

<As usual you trivialize things to make a point. I doubt if you ever have had to run a large project. From your published resume you were a registered rep and now you run a very small shop. That's not the kind of experience that would allow you to even take part in this discussion.>

You appeared to have missed the list of my accomplishments and projects. Not only do I develop these add-ins myself for derivatives, structured products, and specialized corporate finance applications, but I also have developed what is probably the most advanced spreadsheet based financial application commercially available - rcmfinancial.com - currently being tested in three of the largest banks in the world as well as one of the largest computer companies for a potential rollout of several thousand seats. My associates are widely recognized as some of the best on the street. The reviews are quite favorable. I am the wrong person to get into a pissing match with over the capabilities of various spreadsheets and thier qualities.