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

To: Nhiem Nguyen who wrote (6195)	5/24/1999 11:22:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 6297

MPEG news. Jeff InnovaCom Showcases TransPEG and DVDimpact Products at International Trade Shows SANTA CLARA, Calif.--(BUSINESS WIRE)--May 24, 1999--InnovaCom Inc. (OTC BB:MPEG), Monday announced its participation in two upcoming international trade shows, NewMedia '99 in Toronto, from June 2-4 and the Korea International Broadcast & Audio Equipment Show (KOBA) from June 10-12. InnovaCom will showcase its DVDimpact(TM) and TransPEG 500(TM) products. NewMedia '99 provides a forum for more than 20,000 attendees to view the latest technology related to the DVD, digital imaging, video/film and broadcast industries. InnovaCom's exhibit, located in the Videoscope Booth No. 1713, will demonstrate its new DVDimpact, the industry's first under USD $30,000 DVD PreMastering Suite. Videoscope, a leading provider of audio/visual solutions to the production, corporate and educational markets, has teamed up with InnovaCom at NewMedia '99 to demonstrate one of the industry's finest DVD authoring systems. "Our latest review of DVD authoring systems at the National Association of Broadcaster's show last month indicated that InnovaCom has the best fit product for the industry, combining excellent value at the best performance/price ratio," remarked Michael Spear, general manager at Videoscope. In a move to further penetrate the Asian market, InnovaCom will also participate in KOBA, held at the Convention & Exhibition Center in Seoul, Korea. InnovaCom's exhibit includes its TransPEG 500 ATM System and DVDimpact in the Cheong Jo Technologies Booth No. 217. The continuous interactive demonstrations will showcase the power of its TransPEG 500, used to broadcast and record MPEG-2 (4:2:0 & 4:2:2) in point to multi-point configurations. TransPEG is the only system on the market today capable of delivering robust 24x7 transmission of MPEG-2 video over Native ATM (AAL5). Video data rates range from 1 Mb/s to 15 Mb/s. Cheong Jo Hi-Tech Inc., designs and builds corporate multimedia networks for large multinational organizations. Cheong Jo offers a comprehensive range of technical and high value-added professional support services, including network planning, design, implementation, maintenance and consulting. "We are pleased to have InnovaCom exhibit their cutting-edge MPEG-2 based product line in our booth at KOBA," stated J.K. Sohn, president of Cheong Jo Hi-Tech. "Their products are well-received in the Asian marketplace because the process of integration is easy and cost-efficient and they are reliable." >>