||RAVISENT Launches iDVD
MALVERN, Pa.--(BUSINESS WIRE)--Nov. 9, 2001--RAVISENT Technologies
Inc. (NASDAQ:RVST - news), a software and intellectual property licensing
company, today announces the release of iDVD(TM).
The iDVD(TM) suite of software solutions enables PC users in
real-time to capture, encode, edit, author, and burn home video on
recordable CD or DVD drives and playback the disk content all from
their PCs. RAVISENT will demonstrate the iDVD(TM) suite at Comdex Fall
in Las Vegas, Nevada on November 12-16, 2001 at booth number
The iDVD(TM) suite includes RAVISENT's CinePlayer DVD 4.0 and
neoDVDstandard 2.0 from MedioStream, Inc. The distribution of
neoDVDstandard 2.0 software is based on a product distribution
alliance between RAVISENT and MedioStream. Through this new alliance,
RAVISENT will market MedioStream's neoDVDstandard authoring tool as
part of the iDVD(TM) suite.
The iDVD(TM) suite can be purchased starting today directly from
RAVISENT's retail site at www.ravisentdirect.com. The iDVD(TM) suite
promises to make DVD and Video CD editing, authoring, burning and
playback of home video a simple and rewarding experience right from a
desktop PC. Each of the individual products offered under the iDVD
bundle, if purchased separately, would cost about $150.00. The iDVD
suite will be offered at an introductory price of $129.95.
"iDVD offers a tremendous value to the marketplace,'' stated
Sebastian Pistritto, Vice President of Marketing for RAVISENT". The
iDVD suite is designed to empower the individual users with software
tools to create content and personalize their home video experience.''
"We are pleased to be working with RAVISENT, a DVD industry
leader, to launch its PC-based iDVD suite of software solutions. We
are confident that RAVISENT's market presence will assist us in
bringing MedioStream's DVD authoring tools to the rapidly-expanding
home video market,'' said Gordon Duran Vice President of Sales and
Marketing at MedioStream.
The iDVD software suite is supported on Windows 98 SE, Windows
2000, Windows Millennium Edition and Windows XP.
iDVD(TM) is a suite of software solutions that enables PC users in
real-time to capture, encode, edit, author, and burn their home video
on their recordable CD or DVD drives and playback the DVD content all
from their PC. iDVD(TM) includes RAVISENT's CinePlayer DVD 4.0 and
neoDVDstandard 2.0 from MedioStream.
About neoDVDstandard 2.0
Designed specifically for the home camcorder user, neoDVDstandard
offers a complete, real-time end-to-end software solution for
camcorder users to easily capture, edit, compress, author and burn DVD
or VCD files onto their recordable DVD and CD drives. With no video
processing experience, the average camcorder user can quickly and
easily create broadcast-quality videos right from their home PC.
neoDVDstandard requires one FireWire connector and a AGP graphics
card with 8MB memory; other system requirements apply please see
www.mediostream.com for details.
About Software CinePlayer(TM) DVD 4.0
Software CinePlayer(TM) 4.0 is RAVISENT's latest generation
software DVD playback solution. This application shares the software
core of RAVISENT's Software CineMaster® DVD solutions currently
shipping with several PC OEMs nationwide.
RAVISENT's Software CinePlayer is a high-performance software DVD
and MPEG-2 decoding solution designed to decode and playback
DVD-Video, MPEG Video and Broadcast MPEG Video content on PCs. For
more information about iDVD(TM), and CinePlayer DVD visit
MedioStream, Inc. delivers the latest digital video technology to
the consumer market through innovative, simple and easy-to-use
software solutions. MedioStream's digital video solutions include
real-time authoring software and multi-format conversion options.
As a leader in Host Signal Processing (HSP) technology,
MedioStream pioneered the first real-time software MPEG-2 and DVD
codecs, which can greatly enhance the functionality and features of
digital VCR, DVD authoring, video streaming, and video editing
MedioStream is the first company to offer a complete end-to-end
software solution that integrates real-time DV to MPEG-2 conversion
with DVD authoring and burning. Founded in September 1998, MedioStream
is based in San Jose, California. For more information, please visit
About RAVISENT Technologies Inc.
RAVISENT is a software and intellectual property licensing
company. RAVISENT's solutions are incorporated in products from
leading manufacturers, including Gateway, Elsa, Matrox, ATI
Technologies and STMicroelectronics. Founded in 1994, RAVISENT is a
global company, headquartered in Malvern, Pennsylvania, with offices
in Silicon Valley and Japan.
On June 28, 2001, RAVISENT announced that it has offered to
purchase all of the outstanding shares of eMation, Ltd. in exchange
for 8 million shares of RAVISENT common stock and the assumption by
RAVISENT of $5 million of eMation indebtedness. The acquisition of
eMation is subject to a number of closing conditions including, but
not limited to, the approval by RAVISENT stockholders.
More information about RAVISENT is available at www.ravisent.com.
All companies and product names mentioned herein are for
identification purposes only and may be trademarks and/or registered
trademarks of their respective companies.
This press release may contain certain forward-looking statements
that relate to RAVISENT'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: RAVISENT's ability to
consummate the acquisition of eMation and to achieve any benefits from
the acquisition, the possibility that the closing conditions to the
acquisition of eMation may not be satisfied and that the acquisition
may not occur, the viability of DRM technology, the potential for
growth in the pervasive computing market; RAVISENT'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 current product lines,
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, and
government regulation. Investors are advised to read RAVISENT's Annual
Report on Form 10-K and quarterly reports on Form 10-Q and Forms 8-K
filed with the Securities and Exchange Commission, particularly those
sections entitled "Factors Affecting Operating Results,'' for a more
complete discussion of these and other risks and uncertainties.
Copyright(c)2001 RAVISENT Technologies. All rights reserved.
RAVISENT Technologies Inc.
Sebastian Pistritto, 610/407-7331
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