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To: DiViT who wrote (36571)	10/7/1998 4:35:00 PM
From: PaulW	Read Replies (1) \| Respond to of 50808

ESS, Sony, Philips and EnReach Jointly Launch Super VCD Solutions Wednesday October 7, 4:00 pm Eastern Time Company Press Release SOURCE: ESS Technology, Inc. SHENZHEN, China, Oct. 7 /PRNewswire/ "....Sony of Japan and Philips of the Netherlands, comprise the major market share of VCD loaders worldwide. It is expected that both companies will continue to supply the majority of loaders for the SVCD market. At the conference, each company presented their loader using the ESS SVCD solution, the ES4108." Is this a hype type announcement or can it impact CUBE's market share in China? biz.yahoo.com

To: DiViT who wrote (36571)	10/7/1998 4:58:00 PM
From: Alex Dominguez	Read Replies (1) \| Respond to of 50808

InnovaCom Begins Delivery of Its TransPEG and DV Decoder Products SANTA CLARA, Calif., Oct. 7 /PRNewswire/ -- InnovaCom, Inc., (OTC Bulletin Board: MPEG - news) has begun delivery of its new TransPEG 400 and DV2100 series products to multiple companies in Asia and Europe. The TransPEG 400 Ethernet 100-BaseT products were sold to Cho Technologies, Inc. in Taipei, Taiwan and the DV2100 Decoder board sets were sold to Powerwave Co. Ltd. in Hong Kong and Takt SC. in Poland. The Company also announced that it has signed several major distributors in the Far East and Europe for the sale of its products. Following a successful show at the recent International Broadcast Convention in Amsterdam, InnovaCom has begun delivery of its TransPEG and DV2100 series products. ''Our products were well received at the IBC show and as a result, we have signed several significant channels for Europe and Asia,'' says Frank Alioto, President of InnovaCom. ''We've booked over $100,000 in orders in our first month of sales and we are forecasting a strong sales curve in the ensuing months. The sales of our products, which are deliverable today and the order commitments received from our new distributors validates our vision and the viability of our products in the emerging digital broadcast and IT markets.'' In support of its new far east distributors, InnovaCom will also be exhibiting their TransPEG 400 Ethernet 100-BaseT products at the upcoming PT/EXPO show in Beijing, China, at the CST- Southern Telecommunication Development Co. booth #2B09, Hall 1. InnovaCom, Inc. is a development stage technology company whose principal product focus is video compression technology and its related systems. The company's MPEG-2 based product line will target the digital television, communications and DVD authoring and production marketplaces. InnovaCom, Inc., is located at 3400 Garrett Drive, Santa Clara, Calif. 95054. For more information, please call us at: (Ph) 408-727-2447; (Fx) 408-727-6625 or visit our website at: innovacom-mpeg2.com. For Investor Relations, please call: (ph) 888-464-6764. This press release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward looking statement. Factors that might cause such a difference include, but are not limited to, the factors set forth under ''Risk Factors'' in the company's registration statement on Form SB-2 which was declared effective by the Securities and Exchange Commission on May 15, 1998. Readers should not place undue reliance on forward looking statements, which only reflect the view of management as of the date hereof. The Company does not undertake the obligation to publicly revise these forward looking statements to reflect subsequent events or circumstances. Readers should carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission. SOURCE: InnovaCom, Inc. ------------------------------------------------------------------------ More Quotes and News:InnovaCom Inc (OTC BB:MPEG - news)Related News Categories: computers, software ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright © 1998 PRNewswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for