Samples Available in November
Production Starts in December
MOUNTAIN VIEW, Calif., Aug. 30 /PRNewswire/
-- Digital Video Systems, Inc. today announced that its 10X
DVD-ROM Drives are scheduled for introduction at the time of the
Fall COMDEX this year. The 10X samples will be distributed in
November 1999 for customers' evaluation, with the production
starting in December 1999.
A 10X DVD-ROM Drive transfers data
at 10 times the speed of a 1X DVD-ROM Drive. DVS already completed
the design and testing of its 8X models in July 1999. However, the
Company decided to directly switch from the 6.2X models to the 10X
models, in view of the expected life cycle for its 8X models being
too short to be worth the effort of phasing them in and out of the
Company's production and product mix.
DVS' Co-Chairman and CEO, Ms Kuo,
stated, "DVS introduced the 2X DVD-ROM Drives in July 1998, the
5.2X models in September 1998, and the 6.2X models in February
1999, which was only about half a year ago." Kuo added, "To
develop and produce the fastest DVD-ROM Drives in such a high
paste, while rapidly ramping up the production and sales of the
DVD Intelligent Loaders, it demonstrates the outstanding ability
and performance of our DVD team led by Mr. Sunghee Lee."
DVS' 10X DVD-ROM Drives will be
compatible with DVD-Video, DVD-ROM, DVD-R and virtually all CD
formats including CD-ROM, CD-Audio, CD-R, CD-RW, Video CD, CD-I/FMV,
Multi-session Photo CD or Photo CD.
Digital Video Systems, Inc. is a
technology company specializing in the development and application
of DVD (Digital Versatile Disc) and digital-video related
technologies. The Company currently develops and markets DVD-ROM
drive, DVD Intelligent Loader, including subassemblies and
components, VCD (Video Compact Disc) based Video Engine and
Ad-Insertion products for the consumer, commercial and computer
Established in 1992, DVS is
publicly traded company headquartered in Mountain View, Calif.,
with subsidiaries in Hong Kong, Bermuda, South Korea and China.
DVS is a trademark of Digital Video Systems, Inc.
This release contains
forward-looking statements within the meaning of the "safe harbor"
provisions of the private Securities Litigation Reform Act of 1995
that involve various risks and uncertainties, including, without
limitation, statements with respect to DVS' strategy, proposed
sales of DVS' products, markets and the development of DVS'
products. DVS' actual results may differ materially from those
described in those forward-looking statements due to a number of
factors, including, but not limited to, risks of competition and
the enforceability of DVS' patents and other intellectual property
rights, risks relating to the development and market acceptance of
DVS' products, and risks related to planned rapid growth of the
DVS' business and the conduct of business by DVS in foreign
countries, risks relating to the shortage of capital after
substantial losses in prior years, which factors and others
described in documents that DVS files from time to time with the
Securities and Exchange Commission, including the Company's Form
10-KSB filed June 30, 1999 and Form 10QSB filed August 2, 1999.
For more information on DVS' products, email to [email protected],
call 650-564-9699 or visit: www.dvsystems.com.
SOURCE: Digital Video Systems,