Controller's High Level of Integration Enables Development of Cost-Effective Drive for the PC OEM and Retail Markets
SUNNYVALE, Calif., Nov. 9 /PRNewswire/ -- Oak Technology, the leading provider of embedded solutions for the optical-storage and digital-imaging markets, and Mitsumi Electronics Corporation, today announced that Mitsumi is in volume production of an 8X CD-RW drive designed around Oak's OTI-9790 CD-RW controller. The high level of integration provided by the OTI-9790 allowed Mitsumi to develop a high performance, cost-effective drive, which meets the requirements for both line fit applications with major PC OEMs, as well as the retail market.
"Mitsumi chose to adopt Oak's OTI-9790 because it provides the highest level of integration of any CD-R/RW controller of its kind," said Tadao Kazuno, General Manager, ODS Division, Mitsumi Electric Co., Ltd. "Knowing that Oak is the market leader in optical storage solutions, we counted on them to help us produce high-performance yet cost-effective CD-RWs, and they delivered."
Oak's OTI-9790 is the one of the industry's most highly integrated and cost-effective CD-RW solution. Using a USB (1.1 or 2.0) interface, the OTI-9790 provides a cost-effective solution for the high volume CD-RW drive market.
"The continued growth of optical recording media, particularly in the CD-R/RW space, equates to an expanded customer base and an increase in volume demand from drive manufacturers." said Bill Housley, Vice President and General Manager of Oak Technology's Optical Storage Group. "Oak is committed to meet the availability demands by supplying the quantities companies such as Mitsumi require while offering better integration and better performance."
Mitsumi's CD-RW drive offers a highly reliable 8X CD-R speed, 4X CD-RW speed with the power and performance of a 32X read speed. Mitsumi is the world's largest manufacturer of computer peripherals, with sales exceeding $2.5 billion. The company focuses on providing high-quality, affordable peripherals and devices, including CD-ROM and CD-RW drives. Mitsumi products are sold worldwide both to computer OEMs and through general distribution.
The OTI-9790 is a technological keystone in Oak's optical storage strategy, offering advanced optical storage technology from a company that has established a leadership position in the segment. The OTI-9790 offers one of the highest integration and most cost-effective CD-RW solutions available, while enabling high performance with 8X writing and 32X reading capability. The OTI-9790 integrates on a single piece of silicon most of the functions needed to implement a CD-RW drive, including ATAPI and USB interfaces, encoder/decoder, DSP, full servo subsystem, ATIP demodulator, write strategy and audio DAC.
Founded in 1987, Oak has established a leadership position in the optical storage segment. The company is recognized as one of the leading suppliers of optical storage controllers, having sold more than 130 million optical storage controllers to date. Oak's latest generation of advanced CD-RW optical storage controllers have been selected by six of the top seven OEM suppliers of CD-RW drives. The Company's recent product development efforts in the area have focused on emerging segments such as CD-RW and Combo drives, which are fast becoming the mainstream optical storage of choice for the PC market.
About Oak Technology
Oak Technology, Inc., a leading provider of solutions for the storage, manipulation and distribution of digital content, is committed to driving the emerging world of connected Information Appliances. The company's fully integrated products and technologies target two key markets: optical storage (CD-RW and DVD for PC and consumer) and digital imaging (advanced copiers, printers, faxes, scanners and MFPs). Founded in 1987, Oak is headquartered in Sunnyvale, Calif., and has sales offices, design centers and research facilities around the world. The company trades on the Nasdaq Stock Exchange under the symbol OAKT. Additional information about Oak and its digital solutions can be found at www.oaktech.com.
Mitsumi is the world's largest manufacturer of computer peripherals, with sales exceeding $2.5 billion. Mitsumi focuses on providing high-quality, affordable peripherals and devices, including CD-ROM drives, CD-RW kits, floppy disk drives, keyboards and mice, all in standard or USB versions. Mitsumi products are sold worldwide both to computer OEMs and through general distribution. U.S. headquarters are located at 5808 W. Campus Circle Drive, Irving, Texas 75063. To learn more about Mitsumi visit www. Mitsumi.Com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: In addition to the historical information contained herein, statements in this press release may contain forward-looking statements within the meaning of the Federal securities laws and are subject to the safe harbors created thereby. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: The foregoing statements may consist of forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Factors that could cause actual outcome to differ materially from those set forth include, without limitation, the rate of adoption of new technology, the rate of growth of the CD-RW market, changes in product mix or distribution channels; the demand for semiconductors and end-user products that incorporate semiconductors; technological difficulties and resource constraints encountered in developing and/or introducing new products, and market acceptance of new products. Forward-looking statements contained in this press release regarding expected financial results, industry trends, sales and future product development and business strategies and activities should be considered in light of these factors, and those factors discussed from time to time the Company's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors" in the Company's Annual Report on Form 10K for fiscal year ending June 30, 2000, and it quarterly reports on Form 10Q.
NOTE: Oak Technology is a registered trademark and the Oak logo is a trademark of Oak Technology, Inc. All other product names or company names are mentioned for identification purposes only, and may be trademarks of their respective owners.
SOURCE: Oak Technology, Inc.