Adaptec and Microsoft Deliver Ability to Create Custom Audio CDs With Secure Content.Business Editors/High-Tech Writers MIPITAS, Calif.--(BUSINESS WIRE)--July 24, 2000 Adaptec (company) Adaptec - A company specialising in the aera of movement of data between computers. Adaptec designs hardware and software products to transfer data from a computer to a peripheral device or network. Founded in 1981, the company achieved profitability in 1984, went public in 1986, and to date has achieved 54 consecutive profitable quarters. Revenues for fiscal 1997 were $934 million, a 42% increase over the prior year., Inc. (Nasdaq:ADPT ADPT - Adaptec Corporation (stock symbol) ADPT - Adaptive Prediction ADPT - Auger Depth Profiling Technique ADPT - Automated Data Processing/Telecommunications) announced it has entered into an agreement with Microsoft Corporation under which Adaptec will offer support for Microsoft Corp.'s Windows Media Audio See Windows Media formats. format with their industry leading CD recording software applications. Adaptec and Microsoft announced last week that Microsoft has incorporated Adaptec's CD recording technology in Windows Media Player 7, making it easy for music fans to create custom audio CDs for car and home stereo systems. Adaptec CD recording applications featuring Windows Media Format support will allow rights-managed digital audio content to be recorded on CD through this secure and trusted system. Adaptec's existing line of CD recording applications, Easy CD Creator 4 Deluxe and Toast 4 Deluxe, also allow you to burn photo, video and data CDs. "Adaptec is committed to expanding its format support to enable the transfer of secure music to CD," said Tom Shea, general manager of Adaptec's Software Products Group. "Major content providers can now use Windows Media to provide consumers with a secure way to download, sample, and play their music on their PCs, as well as using their CD recorder to burn music CDs playable on the huge installed base of conventional audio CD players." "Adaptec's popular CD recording software applications help people make the most of their music libraries," said Dave Fester, general manager of marketing for Microsoft's Digital Media Division. "Today's announcement means Adaptec customers can take advantage of the industry-leading sound quality offered by Windows Media to record custom CDs of secure music from top artists and major labels." About Adaptec About Adaptec: Adaptec (Nasdaq:ADPT) is the global leader in innovative storage solutions. On June 8, 2000, Adaptec announced that it plans to spin off its software business unit as a fully independent and separate company. Adaptec's hardware and software solutions for eBusiness and Internet applications move, manage, and protect critical data and digital content. Adaptec's direct-attached storage, network storage solutions and desktop software solutions for digital content are found in high-performance networks, servers, workstations and desktops from the world's leading manufacturers, and are sold through distribution channels to ISPs, enterprises, medium and small businesses and consumers. Adaptec is an S&P 500 and a NASDAQ 100 member. More information is available at www.adaptec.com |
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