"Winning Streak" Continues For Team TeraNex; Xantus Hits A Grand Slam With Millimeter's Tommy Award.Business Editors & High-Tech Writers ORLANDO, Fla.--(BUSINESS WIRE)--June 22, 2000 TeraNex, developer and marketer of video and film systems and services for Broadband Internet See broadband. Streaming, Digital Television and Digital Cinema, hit a grand slam grand slam n. 1. The winning of all the tricks during the play of one hand in bridge and other whist-derived card games. 2. Sports The winning of all the major or specified events, especially on a professional circuit. with their award winning Xantus(TM) product, bringing home a fourth win to its growing cache of honors with Millimeter's "Tommy Award." This recent prize follows a sweep at the NAB 2000 trade show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , which included the prestigious Television Broadcast's Editors' "Pick of the Show," Broadcast Engineering Magazine's "Pick Hit Award," and TV Technology's 7th Annual "Mario Award." "Rounding out the previous three awards with an award from the Post-Production community reflects our commitment to the Digital Television and Broadband Internet Streaming industries," commented Michael Baron, TeraNex's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our video processing Video processing techniques are used in video codecs, video players and other devices. For example—commonly only design and video processing is different in TV sets of different manufactures. computer platform solves productivity, picture quality and equipment obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. issues. We are quite pleased to be recognized so widely at this stage in our development." The company's Xantus product offers a simplified, real-time solution for converting between all video and film formats. Xantus also delivers the highest quality picture possible due to TeraNex's proprietary PixelComp(TM) process. Xantus is based on TeraNex's Video Computer platform which allows users to add functions, features and formats via CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). or the Internet without having to purchase expensive new hardware. About TeraNex TeraNex develops and markets video and film conversion, compression and encoding systems and services for Digital Television, Broadband Internet Streaming, and Digital Cinema. TeraNex systems include Xantus(TM) format converters, Starfront(TM) pre-compression processors, and PixelComp(TM) motion compensated real-time de-interlacing. TeraNex also offers turnkey solutions and services that optimize, compress, manage and distribute live and on-demand video and film content over the Internet. TeraNex systems and services allow content owners to rapidly convert, manage, distribute and protect their media for Digital Television and the Internet. More information about TeraNex can be found on the World Wide Web at http://www.teranex.com. |
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