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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder] -- Ignore unavailable to you. Want to Upgrade?

To: David Wise who wrote (6171)	5/8/1999 1:37:00 AM
From: Jeffrey D	Respond to of 6297

David, I could care less what is causing the rise. As I said, I bought in on 04/08/99 based on the news story below. Check the stock price on that date and you will see my point. Jeff << InnovaCom and Sonic Foundry Forge Strategic Alliance; Company Further Enhances $29K DVDimpact With Dolby Digital SANTA CLARA, Calif.--(BUSINESS WIRE)--April 8, 1999--InnovaCom Inc. (OTC BB:MPEG), a manufacturer of video compression based transmission and DVD Production Systems, Thursday announced that it has forged an OEM agreement with Sonic Foundry (AMEX:SFO), a leading developer of digital media software. The OEM agreement allows InnovaCom to incorporate Sonic Foundry's Soft Encode 2-Channel Dolby (AC-3) and its Sound Forge XP 4.5 software packages into its DVDimpact(TM) product line. The DVDimpact, InnovaCom's flagship publishing system is an all-in-one Windows NT(TM) solution incorporating a full suite of publishing tools, required by today's DVD authors. The Soft Encode 2-Channel Dolby encoder is used to convert audio content for DVD delivery. It secures the InnovaCom generated PCM audio at 1.5 Mb/s and compresses it to approximately 0.4 Mb/s in Dolby Digital Stereo format. In addition, the Sound Forge XP 4.5 software program provides powerful audio processing tools and effects for professional sound editing. "Sonic Foundry has a strong reputation in the audio software industry and we are pleased to complement our DVDimpact with their digital multimedia tools," said Frank Alioto, president and CEO of InnovaCom. "Utilizing the product in unison with our system affords us with a premier utility for encoding AC-3 material and provides a quality editing tool for MPEG-2 based content." Customers purchasing the DVDimpact may also add Sonic Foundry's Sound Forge 4.5 Professional Sound editing software system and the Noise Reduction Plug-in, which are optional packages. The Sound Forge 4.5 Professional Sound Editing software system, including tools and effects, also provides capabilities that display the resulting data in two graphical formats. Another software option from Sonic Foundry, the Noise Reduction Plug-in, virtually eliminates constant level background noise from the audio program. "As the DVD market grows, we are excited to work with InnovaCom and the DVDimpact Pre-Mastering Suite," said Roy Elkins, vice president of sales and marketing at Sonic Foundry. "Soft Encode provides a familiar software environment for DVD producers who need to encode audio assets into the Dolby Digital format." Sonic Foundry Inc. develops and markets award-winning digital media software for the Windows platform. Sonic Foundry's software products are used worldwide for music production. Audio/Video post-production, Web applications, streaming applications and broadcast production. The Madison, Wis.-based company is treaded on the American Stock Exchange under the ticker symbol SFO. For more information call: (phone) 800/57-SONIC (577-6642); or 608/256-3133; (fax) 608/256-7300; or visit the company's Web site at sonicfoundry.com. InnovaCom is a Silicon Valley manufacturer of video compression based transmission and DVD Authoring Systems. The company's MPEG-2 based product line will target the digital television, communications and DVD authoring and production marketplaces. InnovaCom is located at 3400 Garrett Drive, Santa Clara, Calif., 95054. For more information, call: (phone) 408/727-2447; (fax) 408/727-6625; or visit the company's Web site at: innovacom-mpeg2.com. For Investor Relations, call: (phone) 888/464-6764. This news 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. 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.

To: David Wise who wrote (6171)	5/8/1999 2:26:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 6297

Dave, by the way, glad to see you posted the same stuff on Raging Bull under the alias of Wizerdave. Guess you have been busy tonight warning the masses about good old MPEG. jeff