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

To: Stoctrash who wrote (38373)	1/21/1999 4:32:00 PM
From: BillyG	Respond to of 50808

Good questions. It smells bad. Here's the full CUBE & TV/Com press release: C-Cube Acquires Communications Technology for Digital Set-top Market; C-Cube Buys TV/Com's Set-top Silicon Division MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 21, 1999--C-Cube Microsystems Inc. (Nasdaq:CUBE) today announced the acquisition of communication technology, patents, and personnel from TV/Com International, part of the Mindport group, located in San Diego. The acquisition provides C-Cube with the strategic communication technologies for interactive cable and satellite digital set-top boxes. The products C-Cube will introduce based on these communications technologies will complement the de-multiplexing, transport, graphics, audio and video decode products that C-Cube already markets for digital set-top applications. In combination, the new communications products and the existing MPEG products will allow C-Cube to avail its customers of complete digital set-top solutions. As DiviCom continues to gain presence in digital video infrastructure deployments, DiviCom and C-Cube will now be in a unique position to supply customers worldwide with open architecture, DVB compliant end-to-end entertainment network solutions. "The acquisition materially strengthens our already strong commitment to the digital video communications segment and serves to complement our industry-leading MPEG set-top product portfolio," said Umesh Padval, president, C-Cube Semiconductor Division. About C-Cube Microsystems C-Cube Microsystems Inc. is the industry-leader in the development and delivery of highly integrated digital video silicon and systems solutions. C-Cube's Semiconductor Division delivers highly integrated digital video silicon and systems solutions for the communications and consumer electronics markets, including VCD, Chaoji VCD, DVD, and digital set-top boxes. C-Cube's DiviCom Division is a leader in the deployment of digital video infrastructure and highly integrated digital video networks, including broadcast encoders, system multiplexers, and network system management equipment. C-Cube is headquartered in Milpitas, with offices in North America, Europe, and Asia. Its stock is traded on the Nasdaq under the symbol CUBE. C-Cube can be reached at 408/490-8000 or on the World Wide Web at c-cube.com. C-Cube's DiviCom Division is based in Milpitas and can be reached at 408/944-6700 or on the World Wide Web at divi.com. About Mindpoint Mindport is a leading provider of interactive digital media systems to the direct to home and cable markets. Key products include Irdeto Access, a conditional access company, Mindport IBS, a customer care and billing system, OpenTV, a set-top box operating system. Mindport is headquartered in the Netherlands with offices in San Diego, Mountain View, Beijing and Sidney. Mindport can be reached at 31 (23) 556-2842 or on the Worldwide Web, at mindport.com. Note to Ediotrs: The C-Cube logo is a registered trademark of C-Cube Microsystems Inc. C-Cube is a trademark of C-Cube Microsystems Inc. CONTACT: C-Cube Microsystems Inc. Melissa Malley, 408/490-8510 (Public Relations) mmalley@c-cube.com Steven Horwitz, 408/490-8561 (Investor Relations) shorwitz@c-cube.com

To: Stoctrash who wrote (38373)	1/21/1999 4:33:00 PM
From: Bob Strickland	Read Replies (2) \| Respond to of 50808

TV/COM International 17066 Goldentop Rd. San Diego, California 92127 United States Tel: (619) 618-3500 Fax: FX_(619)618-3550 Link to... Articles about this Company Ultimate Parent Company Profile SICs for this Company -------------------------------------------------------------------------------- Business Manufacturing: Digital compression products, encoders and decoders. Variant name Oak Communications _Name Change Ult. Parent Hyundai Electronics America -------------------------------------------------------------------------------- SIC codes 3663_Radio & T V Broadcasting & Comm Equip Annual sales $50.0 M Sales, Source: Estimate Employees 300, Source: Verification Letter Sales/Employee $166,667 Year Founded 1932 Fiscal Year Dec 31, 1997 Features Private Subsidiary, Headquarters Location SMSA code 7320_San Diego, CA -------------------------------------------------------------------------------- Officers J. E. Wallin - Chief Executive Officer and President H. T. Chung - Chief Financial Officer Meritt Doyle - Director of Marketing Gary Logston - Chief Technical Officer Donna Kaptain - Director of Administration