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  • FOCUS Enhancements to Acquire Videonics


    FOCUS Enhancements, Inc. (NASDAQ: FCSE - news) announced that the Company has entered into a definitive agreement to merge with Videonics, Inc. (NASDAQ: VDNX - news). The agreement provides for each share of Videonics common stock to be converted into 0.87 shares of FOCUS Enhancements common stock. Completion of the merger requires, among other things, the approval of the stockholders of Videonics and FOCUS. The merger is expected to be completed in December of this year.

    Upon completion of the merger, each share of Videonics common stock would be exchanged for .87 shares of FOCUS common stock. Based on pro forma shares outstanding at June 30, 2000, the existing FOCUS stockholders would own 83.7% of the combined company and the existing Videonics stockholders would own 16.3%. In addition, Videonics option holders will exchange their options for options in FOCUS pursuant to the same exchange ratio. The combined entity had total revenues of over $28 million for the twelve months ended June 30, 2000, on a pro forma basis. The merger is expected to be accounted for as a purchase and FOCUS expects a non-recurring restructuring charge to be taken in connection with the merger.

    Upon completing the merger, Michael D'Addio, Videonics Chairman & Chief Executive Officer, will become President, Chief Executive Officer, and a Director of FOCUS Enhancements. Gary Williams, Videonics Chief Financial Officer, will become FOCUS Enhancements Chief Financial Officer. Thomas Massie, FOCUS' Chairman of the Board, will remain in that position. Brett Moyer, FOCUS' Executive Vice President and Chief Operating Officer, will also remain in that position. The Board of Directors after the transaction will initially consist of seven members, three from Videonics and four from FOCUS.

  • Avid Shipping New Releases of Symphony, Media Composer and Avid Xpress


    Amsterdam, The Netherlands, September 7, 2000 At the International Broadcasting Convention (IBC), Avid Technology, Inc. (NASDAQ: AVID) today announced that it is shipping new releases of its Avid Symphony, Media Composer and Avid Xpress products. Available immediately are version 3 of Avid Symphony, the most efficient finishing and 24P universal mastering solution for high-end editorial productions, version 10 of Avid Media Composer, the worldwide standard for editing, and version 4 of Avid Xpress, Avid's affordable broadcast-quality editing system for video, Internet and multimedia professionals. The latest editions of these leading content creation solutions boast a host of new features, improved interoperability and workflow, and a range of new delivery options, including the ability to output streaming media. In addition, the Media Composer and Avid Xpress releases offer full feature parity on the Macintosh and Windows NT platforms.

    The new Symphony and Media Composer releases are designed to enable Avid users to expand their businesses with enhanced online/finishing capabilities, multi-format mastering and delivery to 601, Web, CD, DVD and DTV, and an efficient collaborative workflow. With a product line that scales from basic offline editing to high-end finishing, users can choose the level of real-time performance and depth of creative control that best fits their business model. Avid Symphony v3 delivers the full Media Composer v10 feature set and adds the conforming, real-time finishing and multi-format mastering tools required for high-end television editorial finishing.

    The milestone Media Composer v10 release adds new online capabilities for finishing mainstream programming, and streaming capabilities so users can repurpose video assets on the Web. Plus, it delivers more real-time power, speed-of-operation enhancements and workflow efficiency features.

  • POPcast Partners with Microsoft


    (LOS ANGELES) POPcast Communications Corp., a leading business-to-business provider of self-service Webcasting solutions, announced that its personal Webcasting technology and service is now part of the Microsoft Windows Movie Maker feature, which debuts in Windows Millennium Edition (Windows Me). Windows Me is scheduled for retail release on September 14, 2000.

    "We feel that some of the most exciting advances in home computing are happening in the realm of digital media," said Art Pettigrue, product manager, Consumer Windows Division, Microsoft Corp. Our new Windows Movie Maker feature in Windows Me will allow consumers to tap into those advances to easily digitize, organize and edit their home videos. As one of our top personal Webcasting solutions providers, POPcast's video publishing and sharing services further empower customers of Windows Me with an easy-to-use, reliable way to instantaneously share those Windows Movie Maker video creations with friends and family on the Web."

    "We're extremely proud to be a service provider for Microsoft's video publishing and sharing solution in its new Windows Movie Maker technology," said William Mutual, POPcast's Founder and Chairman. "Using Windows Movie Maker, customers will have access to powerful, user-friendly multimedia authoring. Once they've created their movies, they'll find POPcast and our distribution partners right at the top of the list of options for video publishing and sharing.

    In the months ahead, Mutual added, users of Windows Me will continue to benefit from our cutting-edge technologies and solutions, allowing them to increasingly leverage the power of broadband to improve the quality of their creations while also offering new forms of interactive Webcasting and new channels of distribution.

  • Media 100 i: The Newest Addition to the Media 100 Family


    Media 100 i is a unique interactive streaming production solution, enabling customers to capture, edit, author, encode and publish video to the Internet within a seamless streaming media workflow on a single platform.

    Unlike more traditional approaches to content creation for the Internet, Media 100 i creates a new workflow paradigm for Internet broadcasters and web designers within a single solution. This approach is a shift away from traditional linear production of one-way video to a dynamic production process that enables creation of interactive, multi-dimensional streaming media.

    Media 100 systems that are fully compliant with the new family of Power Mac G4 systems from Apple will begin shipping imminently and will include Media 100 models le DV, lx, xe, xs and xr. The Media 100 i will be available in the Fall, 2000.

  • Media 100 Announces Support for Apple Computer's New Power Mac G4 Systems


    Media 100 Inc. (NASDAQ: MDEA), the leading provider of software, systems and services for streaming media on the Internet, today announced that its current line of Macintosh-based streaming media production tools, as well as its new Media 100 i family of interactive streaming production systems, are fully compliant with Apple(R) Computer's new high-performance Power Mac(tm) G4 systems, including the new dual processor Power Mac G4. This newly-announced platform from Apple provides Media 100 customers with a high-performance dual-processing environment ideal for creating high quality streaming media content. Offering dual-processor support significantly improves performance of critical and often time-consuming functions like compression and decompression of streaming video images and effects creation. The new Apple platform debuted this morning at the Macworld Expo in New York City.

    "The dual processor Power Mac G4 systems are the ideal platform for our streaming media solutions, as well as our new series of interactive streaming production solutions, Media 100 i," said Mike Savello, director of marketing for Media 100. "Our customers are creating some of the most compelling, evocative streaming media content on the Web today, and providing support for this newest line of high-performance systems enables us to offer our customers an even more valuable streaming experience."

  • Digital Origin Announces Universal FireWire Support for Its Software-Based Streaming Media Solutions


    MOUNTAIN VIEW, Calif. (BUSINESS WIRE) - Digital Origin, a wholly-owned subsidiary of Media 100, announced today that it has further simplified the streaming media production workflow by providing universal FireWire compatibility in the Windows versions of its EditDV and IntroDV line of digital video editing products. Leveraging compatibility with the Open Host Connectivity Interface (OHCI) standard, which allows any compliant device to connect to a PC and which is the widely adopted standard for IEEE 1394 FireWire support, users of all levels can create high-quality DV productions for the web, broadband networks, CD-ROM multimedia presentations or tape.

    Digital Origin customers with PCs that have built-in FireWire support, such as those from Gateway, Compaq, and the Sony Vaio, or PCs with FireWire interface from ADS, SIIG, OrangeMicro, Canopus and others, as well as Digital Origin's deluxe FireWire interface, will now be able to use the lower-priced software-only versions of these two content creation products for their streaming media projects. Support for this interface makes Digital Origin content creation products compatible with virtually all built-in FireWire 1394 ports and add-in cards.

  • NewTek to Develop Native Version of LightWave [6] and Video Toaster for Intels Itanium Processor


    NEW ORLEANS, SIGGRAPH 2000, July 25,2000-- NewTek, Inc. manufacturer of industry-leading 3D animation and video production products, announced today plans to develop a native IA-64 version of LightWave [6] and the Video Toaster for the new Intel Itanium processor. The new Itanium processor, the first implementation of Intel's forthcoming IA-64 processor architecture, will offer a high performance solution for processor intensive applications such as 3D animation, video editing and video painting and layering.

    LightWave, the recognized leader in the film and television industry, provides the most complete feature set of any 3D-animation tool available. The Video Toaster from NewTek is the most comprehensive and best priced video editing solution on the market, offering users uncompressed video I/O, editing software, award winning 3D tools, and a powerful paint and compositing package. When Intel's new Itanium processor ships, LightWave [6] and Video Toaster users will have the opportunity to increase their productivity by leveraging the power of these new systems.

    We are excited to be working closely with Intel as both companies move forward in advancing their respective technologies. By forging relationships with companies like Intel we can share information during the development phases to make certain that our respective products compliment each other. Said Brad Peebler, NewTek's Vice President of 3D Graphics, This sort of relationship will provide our customers with much faster, more robust solutions.

  • NewTek Releases: Vidget!


    NEW ORLEANS, SIGGRAPH 2000, July 25, 2000 NewTek, Inc., (Booth 2117) manufacturer of industry-leading 3D animation and video products, today announced Vidget, an advanced video and audio conversion and encoding tool that will be invaluable in virtually all areas of computer graphics and video. Vidget is especially useful for applications such as Internet streaming, DVD or CD-ROM creation, high definition encoding, web content creation and multimedia production. Vidget includes comprehensive support for all major video and audio formats, including MPEG I, MPEG II, QuickTime and AVI.

    NewTek has always worked to provide artists with the best tools at the best price, said NewTek CEO Tim Jenison. What's really cool is that we have succeeded in creating a full MPEG I and MPEG II encoder that creates the most gorgeous images you will ever see. Of particular note is the quality of our MPEG encoding engine, which incorporates over a year's development work that has been tightly focused on producing the highest quality stream possible at the lowest possible bit-rate, said Andrew Cross, NewTek's director of video software development. Our goal with Vidget was to develop a no-compromise video encoding and conversion engine as well as an easy-to-use interface that integrates directly into an artist's workflow.

    Vidget provides the user with access to extensive encoding parameters, allowing them to optimize the stream to their own specific needs and content. The applications for Vidget are varied: Video producers creating DVDs can convert their productions to MPEG II for authoring; home users wishing to make video viewable by distant family members can create MPEG I files and add them to their web site for download; and producers creating streaming content can convert video to QuickTime, which allows for cross-platform viewing and variable streaming rates.

  • HomeMovie.com Makes It Easy To Convert Perishable VHS Memories Into Durable Digital Ones


    HomeMovie.Com has built a powerful web-based interface for the DVDVirtuoso authoring system from Spruce Technologies Inc. that provides consumers and professional videographers with the world's first affordable Video-to-DVD transfer service bureau.

    The HomeMovie.Com facility features 20 workstations -- 10 Spruce DVDVirtuoso authoring systems and 10 Spruce MPX-3000 encoding systems. Spruce made its application programming interface (API) available to enable HomeMovie.Com to build the system. HomeMovie.Com then constructed a web-based interface that leverages the API to create command sets for controlling a DVDVirtuoso system. This interface leverages the Spruce API to create a package of commands that can be fed directly to Spruce DVDVirtuoso to automatically create a finished DVD title.

    According to HomeMovie.Com President John Larsen, "I first looked at Spruce because of the overwhelming recommendations I heard while doing my research. I tried a wide variety of 'low-range' systems, but for the most part it was obvious to me that at that level you really only get what you pay for -- which wasn't much. Spruce DVDVirtuoso offered an affordable solution that had the level of sophistication I needed. The MPX3000 encoders offered excellent image quality. Most importantly, Spruce was clearly prepared to provide the level of support I needed to build my business. Coming from a software background, I know the value of great support. Once I spoke with the staff at Spruce, I stopped looking immediately."

  • FAST Takes Native DV Editing To The Express Track With purple


    Munich, Germany, July 14, 2000. FAST Multimedia AG is proud to present the latest addition to the FAST-Studio product family: purple--the new standard in native DV editing. As part of the FAST Broadcast & Professional group, purple is based our award winning FAST-Studio UI (user interface) software, bringing unmatched creative potential to the DV professional.

    purple, shipping in August 2000, brings FAST-Studio to a new level of price and performance. No longer is an editor forced to choose between native DV editing and a compromise in software performance. Unlimited layers of Video, Audio and Graphics along with professional editing tools like three-point editing, over-write or film style. Keyframe based effects and filter editors, CG, batch capture and print-to-tape. Real-time audio mixing, and real-time EQ, Maximizer and Echo audio effects.

    FAST-Studio is modern software based entirely on new 32-bit code, developed exclusively for the Windows NT operating system. Unlike systems based on old code, FAST-Studio takes full advantage of a computers emerging power, offering advantages like Instant Save, Multi-Processor support and Multi-Threaded kernels. This lets the user focus on editing and not waiting.

    purple utilizes a new DV software codec, developed by FAST and offers extremely responsive scrubbing and access to DV files. purple offers powerful options such as FAST-Studio XL, purple.InTime and purple.Control, giving editors unlimited possibilities while editing. "With purple, we look to capture the DV professional, giving the editor high-end software at an incredible savings" says Reiner Belmeir, CEO of FAST Multimedia's Broadcast and Professional Group.

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