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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (33736)	6/10/1998 7:03:00 PM
From: John Rieman	Respond to of 50808

Celerity's settop box(Minerva is a C-Cube customer. Divicom is a FORE reseller)........................................ Celerity Systems Readies to Move Into High Volume Production On New Digital Set Top Box BUSINESS WIRE Company Multilink Celerity Systems, Inc. FORE Systems KNOXVILLE, Tenn.--(BUSINESS WIRE)--June 10, 1998--[ Celerity Systems, Inc. ] (Nasdaq:CLRT), a leading international provider of interactive video hardware, software, and services has announced that it has selected Taylor-White's Five Rivers Electronic Innovations Plant in Greeneville, Tenn., to manufacture prototype quantities of its new advanced T 6000 digital set top box. The companies have also executed a letter of intent for Five Rivers to do volume production for the U.S. market and possibly for some international deployments. Five Rivers is currently manufacturing the prototypes and could begin large scale manufacturing of the T 6000 by September. The Five Rivers facility is widely recognized as one of the most sophisticated electronic manufacturing plants anywhere in the world. The 1 million square foot facility includes a prototype shop, state-of-the-art assembly and testing equipment, and volume warehousing and shipping capabilities. "With the earlier selection of KID Design & Development to do the design work on the T 6000, and now our arrangements with Five Rivers to manufacture it, we believe we have the right suppliers to produce the highest quality product efficiently and at a competitive price," said Ken Van Meter, President and CEO of Celerity. "We are looking forward to the launch of the most advanced digital set top box in the market within the next few months. Interest in the T 6000 is very high, and the sooner it's ready, the better." George Taylor, President and CEO of Taylor-White and Five Rivers, said the Celerity contract represents the type of work his facility can do as it diversifies its product line. "It's exciting to be involved with the introduction of a leading edge interactive video product like Celerity's new digital set top box. Because we can provide Celerity with a top quality product at a faster, more competitive rate, it's a win-win situation for both companies." "Another big plus for us is that Five Rivers' location is so near our own plant," said Dennis Smith, Celerity's Vice President of Operations. "We can save valuable cycle time, significantly reduce our costs and maintain our very aggressive schedule with such a great partner only an hour away. The Five Rivers plant is impressive. They currently produce over 9,000 television sets per day and a wide range of other complex consumer electronics products. I went to see it, and I was convinced." Celerity Systems also produces digital video servers and is an end-to-end digital interactive video systems provider and systems integrator, with 14 sites around the world. Celerity's strategic partners include [ FORE Systems ] , Strategic Group, Speer Communications, and Minerva.

To: Stoctrash who wrote (33736)	6/11/1998 12:36:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

India: New series of notebook computers launched Our Staff Correspondent MUMBAI, June 10. 06/11/98 The Hindu Copyright(C) 1998 THE HINDU The Frontline Division, the distribution arm of HCL Infosystems and Toshiba Corporation, the world leader in notebook computers, have announced the launch of the Satellite 330 series of notebook computers in India, simultaneous to its launch worldwide. The launch of the new series expands Frontline Division's portfolio of mobile computing offerings to users. The Satellite 330 series extends superior value across critical parameters of computing, performance and design to users in large and medium-sized corporates and professionals. Besides, features like Intel's LANDesk Client Manager 3.2, offering remote access capabilities of network administrators, the Satellite 330 series also incorporate plug-'n'-play capabilities and highly efficient power utilisation. Mr. K.Shivakumar, Principal Operating Officer, Frontline Division, HCL Infosystems said, "As yet a nascent market, we believe that mobile computing proliferation will depend upon the variety of applications a notebook is capable of supporting. We are confident that in providing a well-balanced combination of features and performance, the Satellite 330 series will meet the market's generic as well as customer-specific needs." Toshiba, through its alliance with Frontline Division, recently launched the first Pentium II microprocessor-based notebooks, the Satellite Pro 490 series and the Tecra 780 DVD in India. In addition, the world's lightest notebook computer weighing just 1.06 kilograms, the Toshiba Libretto 100 CT, incorporating the 166 MHz Pentium processor with MMX technology is also available in India through the Frontline division.