Anonymous (not verified) - April 25th, 2001
LAS VEGAS--(BUSINESS WIRE)--April 23, 2001-- Pioneer New Media Technologies Inc., the leader in recordable DVD technology, will ship the world's first combination DVD/CD recordable drive, the DVR-A03, by the end of May at the MSRP of $995.
Targeted for digital video recording and data archiving applications, the drive will ship with software support for recording both data and video.
The third generation drive reads and writes four recordable formats including DVD-R (write once for general), DVD-RW (re-recordable), CD-R and CD-RW, and offers up to 4.7GB of storage capacity per DVD side. In addition, the new drive is capable of recording DVD-R discs at twice normal speed (2X) -- an industry first.
"Pioneer has played a key role in the development of DVD recording technology and was the first to bring DVD-R to DVD authoring professionals," said Paul Dempsey, president of Pioneer New Media Technologies.
"Priced under $1,000, the DVR-A03 now delivers both DVD-R/RW and CD-R/RW recording to the consumer market for the first time in a multi-functional drive that can meet all DVD and CD recording needs."
The DVD-R and DVD-RW formats are members of the DVD Forum's family of DVD specifications. DVD-R is a write-once format that is compatible with most DVD Video players and DVD-ROM drives, and DVD-RW is a re-recordable format that allows users to record, erase and re-record their own DVD discs more than 1,000 times.