C-3D Digital Eyes $1 Million From DV Bundling Deals; Strata VideoShop a Hot Seller Alongside New Consumer Video Devices.LOS ANGELES--(BUSINESS WIRE)--Nov. 11, 1999-- Chequemate International (AMEX AMEX See: American Stock Exchange :DDD DDD Direct Distance Dialing DDD Digital/Digital/Digital (audio CD format, recording/mixing/mastering) DDD Degenerative Disc Disease DDD Domain Driven Design DDD Data Display Debugger (GNU Project) ), doing business as C-3D Digital, Inc., the world's first 3D television and Internet media company and owner of the Strata software line, today announced that it expects significant revenues stemming from recent bundling deals. The Company is already reaping the rewards of marketing agreements with several makers of popular video editing equipment, including Interex, Eskape Labs, Belkin Components and Apple Computer Inc. "The timing could not be better," said J. Michael Heil, C3D's Chairman 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. . "With inexpensive, easy-to-operate DV capture devices now available, people are rushing to get into video editing and creation. Getting video content created in both 2D and 3D is crucial to our plan." Heil added, "In addition to the synergy, we expect revenues from these bundle agreements alone to exceed $1 million in 2000, with further growth in the coming years." The deal with Interex, for example, is drawing much attention to both companies' products. The Interex InterView USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. video capture device Video Capture Device (full title Weezer - Video Capture Device: Treasures from the Vault 1991-2002) is the Weezer DVD. It contains footage of a lot of live gigs from early stages of their musical career, right up until 2002. comes with a full copy of Strata VideoShop and works with any USB-equipped Macintosh computer, without a special video card installed. The InterView package sells for $99.00 and is receiving rave reviews. "These are key deals for us in terms of the 3D revolution we are creating in the media and Internet worlds," said Ken Bringhurst, President of C3D's Internet company, 3D.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , and the Strata software division. "As buyers dive into the DV world, Strata software features naturally draw them into 3D. Using VideoShop along with Strata StudioPro, for example, home users will even be able to create their own video footage in true, stereoscopic stereoscopic /ster·eo·scop·ic/ (ster?e-o-skop´ik) having the effect of a stereoscope; giving objects a solid or three-dimensional appearance. ster·e·o·scop·ic n. 1. 3D." Strata VideoShop 4.5 features support for FireWire, QuickTime and 3D special effects. VideoShop is a popular tool with professional and home users alike, and has amassed an installed base of over one million customers. C-3D Digital is a leading 3D media company that gives broadcasting and entertainment companies the ability to deliver 3D entertainment to any standard television 24 hours a day. As a leading innovator of 3D-entertainment technology, C-3D Digital is the first television network to offer 3D programming exclusively to satellite and cable television subscribers. The Company also offers its customers and network subscribers the ability to convert 2D films or programming into real-time 3D. Additionally, the company operates an Internet subsidiary company, 3D.COM. C-3D Digital maintains offices in the Los Angeles, California; St. George, Utah St. George is a city located in the southwestern part of the U.S. state of Utah, and the county seat of Washington County, Utah.GR6 It is the principal city of and is included in the St. George, Utah Metropolitan Statistical Area. ; and Phoenix, Arizona areas. This news release may contain forward-looking statements made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions 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. While these statements are made to convey to the public the Company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the Company, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in C-3d Digital's periodic filings with the U.S. Securities and Exchange Commission. |
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