Apogee Showcases New Products Incorporating DDX Amplifiers at the Consumer Electronics Show --CES--.Business Editors/High-Tech Writers 2003 International CES LAS VEGAS--(BUSINESS WIRE)--Jan. 8, 2003 Apogee Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : APGT), a leading provider of digital amplification technology, is showcasing the latest products incorporating its DDX DDx abbreviation for differential diagnosis; used in medical records. (R) amplifier technology at the Consumer Electronics Show (CES) from January 9 to 12, 2003. In addition to leading edge products such as DDX based home theater An audio/video entertainment center that has a large-screen TV and hi-fi system with three speakers in the front (left, right and center) and left and right speakers in the rear. Starting in the early 1990s, video inputs were added to stereo receivers and preamplifiers. systems, the company will display its latest DDX ICs and unique audio power supply technology at the Las Vegas Convention Center The Las Vegas Convention Center is owned and operated by the Las Vegas Convention and Visitors Authority and is located in Clark County, Nevada. It is one of the largest Convention centers in the world. At the end of 2004, the center had 3. , South Hall 1&2, Booth #21257. On display at CES will be new DDX powered home theater solutions from Harman Kardon Harman Kardon, a division of Harman International Industries (NYSE: HAR), is a manufacturer of home and car audio equipment. Harman Kardon is based in Woodbury, New York USA. Founded in 1953 by Dr. , Philips and Zenith. In addition, DDX systems developed for the European and Asian markets from Hitachi, Vestel and Malata will be shown. "The added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "In 2002 over five million DDX ICs were shipped to leading manufacturers. These customers are taking advantage of DDX to provide digital sound quality in a variety of audio applications, with increased efficiency and lower system cost compared traditional analog amplifier solutions." Apogee will demonstrate at CES its newest DDX processor, the DDX-8000. This device combines an advanced digital audio processor with Apogee's patented DDX processing, supporting up to eight channels of high efficiency audio amplification at up to 100 watts per channel. The DDX-8000 full-range of digital audio functions reduce system complexity providing manufacturers a one chip processing solution for multi-channel audio applications. Apogee will also display the PS350, a switched mode power supply (SMPS SMPS Society for Marketing Professional Services SMPS Switching Mode Power Supply SMPS Switched Mode Power Supply ) design based upon the company's proprietary power converter technology. This patent pending technology provides high quality power conversion in a compact size while satisfying the unique requirements of audio applications. The PS350 provides 350 watts of continuous power and 600 watts peak with excellent dynamic regulation. Its high efficiency allows the PS350 to fit in the same space occupied by a typical SMPS design of one half the power. The PS350 was developed to meet the needs of 6x100W DDX amplifier applications, but can be customized to provide over 1000 watts. The DDX-8000 is currently being shipped in production quantities. Apogee will work with customers to tailor the PS350 to meet specific applications and can support production deliveries in the second quarter of 2002. About Apogee Technology, Inc. Apogee Technology, Inc. designs, develops and markets integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. that incorporate the company's patented Direct Digital Amplification (DDX(R)) technology. This all-digital high efficiency audio amplifier technology has significant commercial benefits that include reduced product In model theory, a branch of mathematical logic, the reduced product is a construction that generalizes both direct product and ultraproduct. size, lower manufacturing costs, increased quality and expanded functionality compared to traditional analog amplifier solutions. The company has released six DDX-based semiconductor products and expects to expand its product offerings by leveraging its power and digital processing expertise. The company operates a worldwide marketing and sales organization and sells to consumer electronic manufacturers producing audio products such as DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. receivers, digital TVs, Internet and portable audio players, digital speakers, game machines and compact audio systems. Additional, information about Apogee and DDX products can be found at the company's web site at: http://www.apogeeddx.com. DDX(R) is a registered trademark of Apogee Technology, Inc. All other product names noted herein may be trademarks of their respective holders. Certain statements made herein that use the words "estimate" "project" "intended" "expect" "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements involve known and unknown risks and uncertainties, which could cause the actual results, performance or achievements of the Company to be materially different from those, which may be expressed or implied. Factors that cause or contribute to such differences include, but are not limited to, the Company's limited operating history; unpredictability of operating results; inability to build market share and pressure on prices from competition in various aspects of its business; the risks of rapid growth; the Company's dependence on key personnel; uncertainty of product acceptance; inability to timely develop and introduce new technologies, products and applications; the risks associated with market collaborations and the ability of strategic partners to achieve manufacturing and shipping schedules and deadlines; changes in the level of activity in the audio industry; changes in economic conditions; and an inability to obtain financing. EDITORS: Photography available on request For further information, contact: Lisa Guglielmi Apogee Technology, Inc. 129 Morgan Drive Norwood, MA 02062 USA +1 781-551-9450x 136 Fax: +1 781-440-9528 Email: lguglielmi@apogeeddx.com Web: http://www.apogeeddx.com |
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