The sleezy Quadrant changes name to Divicore. It looks like CUBE/Divicom needs to sue its customer Quadrant for trademark infringement.
Quadrant International Becomes Divicore; Updates Name, Look and Logo
MALVERN, Penn.--(BUSINESS WIRE)--May 19, 1999--
Company Updates Name, Look and Logo to Reflect Emerging
Position as a Leading Supplier to the PC and Consumer
Electronics Markets
Quadrant International (QI), a developer of core-based modular software solutions that enable digital video and audio stream management, today announced that it has officially changed its name to Divicore, Inc.
In conjunction with the name change, the company has also unveiled a new corporate logo. In addition, a new corporate tag line
-- "What The Digital World Watches(SM)" -- has been introduced. The company's products will continue to be marketed under the CineMaster(TM) brand name.
"Divicore is evolving just as our customers' needs are evolving," said Frank Wilde, president and CEO of Divicore. "Over the past 12 months our business has changed dramatically. We are changing our name as part of a long-term identity program designed to emphasize our strategy to be the leading global provider of digital video and audio solutions to the personal computer and consumer electronics markets. As part of this program we will continue to leverage the strength of our CineMaster brand name -- a name that has come to stand for excellence in digital video playback."
"Divicore refers to our expertise as the leading developer of DIgital VIdeo CORE technologies," said Mike Harris, co-founder and chief technology officer for Divicore. "Our new tag line reflects our ability to supply solutions for emerging digital video and audio consumer products -- for the office, the living room, the family room and the den."
Once primarily a hardware board company producing capture cards and DVD decoders for PCs, Divicore now develops digital video and audio software solutions with supporting hardware drivers that are incorporated into numerous name brand personal computers and consumer electronics appliances. The company's award-winning CineMaster products bring the theater-quality experience of DVD technology into the home through personal computers from some of the world's leading manufacturers.
All Divicore CineMaster products are developed using Divicore's object-oriented, modular design architecture. Divicore's CineMaster products have achieved recognition from prominent industry organizations, including multiple acknowledgments in PC Magazine's "Editor's Choice Awards", mentions in PC Gamer's "Editor's Choice" list and C/Net's "Buy It" rating.
About Divicore, Inc.
Divicore is driving the digital entertainment revolution with an integrated suite of innovative digital video and audio products for PC and consumer electronics manufacturers. Divicore enables the convergence of personal computer and consumer electronics devices through software and hardware products designed around a unique, modular software architecture that provides a consistent look and feel across technology platforms. Combining outstanding on-screen quality with high overall system performance and integration, Divicore provides flexible and cost-effective solutions to a spectrum of partners in the PC-OEM, CE-OEM and semiconductor markets, including Compaq, Dell Computer, Gateway, Hewlett-Packard, Packard Bell/NEC, Quantex, Sony, ATI Technologies, C-Cube, and ST Microelectronics. Founded in 1994, Divicore is headquartered in Pennsylvania and has offices in the Silicon Valley, Seattle, Germany and Japan. Information about Divicore can be found on the World Wide Web at www.divicore.com.
This press release may contain certain forward-looking statements that relate to Divicore's future business and financial performance. Such statements are subject to a number of risks and uncertainties that may cause the actual events of future results to differ from those discussed herein. Such factors include, among others: Divicore's recent change in its business model, its limited operating history, fluctuating quarterly operating results, expectation of future losses, anticipated price declines in products, dependence on its CineMaster products, dependence on a small number of customers, lack of long-term commitments with customers, dependence on manufacturers and strategic relationships, product delays, the difficulty of protecting proprietary rights, the ability to manage growth and attract and retain additional personnel, the potential for defects in its products, risks from international operations, its ability to raise capital in the future, its dependence on the personal computer and consumer electronics industries, competition, its ability to manage technological change and respond to evolving industry standards, government regulation and Year 2000 software issues.
CONTACT:
Divicore, Inc.
Lori Crenny, 610/408-7494
lcrenny@divicore.com
or
Miller/Shandwick Technologies
Kelley MacMaster, 650/596-5813
kmacmaster@miller.shandwick.com |