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Pioneer Announces Industry's First Combination DVD-Recordable/Re-Recordable Drive

Unprecedented Drive to Offer DVD-R, DVD-RW, CD-R and CD-RW Read and Write Capabilities

LAS VEGAS--(BUSINESS WIRE)--Nov. 13, 2000-- Pioneer New Media Technologies Inc., the leader in recordable DVD technology, Monday announced the world's first combination recordable DVD/CD drive for PC use.

The third generation drive reads and writes four recordable formats including DVD-R (write once), 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) -- another industry first. The new unit will begin shipping to the OEM market in Q1 2001.

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.

``The driving force behind both DVD-R and DVD-RW has always been compatibility with standard DVD playback systems,'' said Andy Parsons, senior vice president of product development and technical support, Pioneer New Media Technologies.

``Pioneer believes that interchangeability between recorders and players is the most important attribute any recordable DVD format can offer, since the ability to use content in various places is the essence of a removable storage medium. And, by supporting multiple recordable DVD and CD formats in a single product, we believe users can now select the most appropriate medium for a given application without cluttering up their computer with several drives.''

With its expected low cost and compact design, Pioneer's DVD-R/RW drive targets digital video editing and archiving as its ``killer application'' as well as traditional data and digital image storage applications. Key product specifications for the new drive include:

Key features:      -- Writes and reads DVD-R/RW and CD-R/RW formats
                   -- DVD data capacity of 4.7GB per single-sided disc
                   -- 2X writing speed for DVD-R

Specifications:
 Writing Speeds:  2X and 1X (DVD-R)
                  1X (DVD-RW)
                  8X and 4X (CD-R)
                  4X (CD-RW)

 Maximum Reading Speeds:  TBD. (DVD-ROM)
                          TBD. (CD-ROM)

 DVD-R Media Support:  DVD-R for General type (650nm)

 Interface:  ATAPI

 Supported Formats -- Write:  DVD-R, DVD-RW, CD-R, CD-RW

 Supported Formats -- Read:  DVD-R, DVD-RW, CD-R, CD-RW, DVD-ROM,
                             CD-ROM

 Recording Method:  Disc-at-once and incremental write

Pioneer also plans to continue sales of its popular external DVD-Recordable drive (DVR-S201) for high-end authoring and content development applications.

Pioneer New Media Technologies

Pioneer New Media Technologies is dedicated to bringing the very best of leading-edge technology to market. Pioneer invented the world's first DVD-R drives, the first multiple-disc CD-ROM changer and offered the first multifunction optical drive capable of reading and writing to both M-O and WORM.

The optical division's products include DVD-R, DVD-RW and DVD-ROM drives, DVD/CD library systems, M-O/WORM optical drives and media, and DVD-R and DVD-RW media for a wide range of storage solutions in the education, government, legal, banking, medical, insurance, finance, industrial and general business markets. The company is also a leading supplier of DVD-ROM drives to the majority of first tier OEM PC manufacturers.

For more information, contact Pioneer New Media Technologies Inc. at 2265 E. 220th Street, Long Beach, Calif. 90810; phone 310/952-2111 or 800/444-6784; URL: www.pioneerusa.com.



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