Canon Europe Signs Resale Agreement With Leading Digital Video Software Company -- Digital Origin, Inc.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 10, 1999-- Canon Europa, a leader in optics and digital imaging technology, today announced a resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales. RESALE. agreement with Digital Origin Inc. (formerly Radius Inc.) in a partnership that strengthens Canon's position as a complete digital video (DV) solutions provider. Digital Origin (Nasdaq:DODV) is a leading developer of DV software, with products that provide still and motion capture as well as non-linear editing and post-production capabilities. The agreement enables Canon camcorder retailers across Europe to stock the full line of video editing software Video editing software is application software which handles the editing of video sequences on a computer. It usually includes the ability to import and export video, cut and paste sections of a video clip, and add special effects and transitions; and it sometimes includes the kits from Digital Origin, thereby creating one stop shopping for all DV consumers. "Digital Origin's vision has always been a simple one," said Mark Housley, 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. of Digital Origin. "Every owner of a DV camcorder and computer should own our software." He added: "Canon has a very strong range of PAL (1) (Programmable Array Logic) A type of programmable logic chip (PLD) that contains arrays of programmable AND gates and predefined OR gates. PALs are defined by their number of inputs and outputs; for example, a 22v10 PAL means 22 inputs and 10 outputs. MiniDV camcorders including the innovative XL1, MV10, MV100 and now, the new MV20i. This new camcorder (MV20i) is packed with great features, such as DV in/out, progressive scan Illuminating a screen by displaying lines sequentially from top to bottom. Also called "non-interlaced," all modern computer display systems and many digital TV (DTV) formats support progressive scan. , and is priced very competitively. Together, Canon and Digital Origin solutions broaden access to powerful, creative, and affordable video editing See nonlinear video editing and video editor. technology." "We are very excited about the broad opportunities this partnership creates," said Shozo Yamaguchi, general manager Camera Products Division of Canon Europa. "Canon has built a strong foundation in the DV market among both retailers and consumers," Yamaguchi continued. Housley added: "This agreement builds on the outstanding success we have had working with Canon USA. I am very pleased that Canon Europa has decided to work with Digital Origin to further extend its considerable market leadership." Canon will begin immediate resale of Digital Origin's line of award-winning DV products in the Scandinavian regions with additional countries to follow. Digital Origin's products include PhotoDV, MotoDV, MotoDV Studio, EditDV, RotoDV, and EditDV Unplugged. All products, except EditDV Unplugged and RotoDV, are available with an IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 1394 (FireWire, i-Link) interface card and cable and as software-only versions. The interface card features industry standard IEEE 1394. The cross platform software supports Windows 95/98/NT Refers to all 32-bit versions of Windows prior to Windows 2000. It implies Windows ME and Windows 2000. It specifically excludes Windows 3.x. See Windows. 4.0 and Macintosh. Canon digital camcorders easily connect to a Digital Origin IEEE 1394 interface card, which consumers install into their desktop computer and connect to their camcorder via a single IEEE 1394 DV cable. Digital Origin software permits the user to control the playback and record operation of the camcorder using only the computer's mouse. Consumers may transfer still images and video to the computer, where they can easily edit the footage with the included image acquisition application or video editing application, and even record the edited material back to a digital videocassette A removable magnetic tape module for storing video data. The cassette contains supply and takeup reel (hubs) in the same housing. See VCR. in the camcorder. For additional information on Canon's DV camcorder line, please visit the company's digital video web site at http://www.dv.canon-europa.com. More information on Digital Origin's DV software products can be found on the company web site at http://www.digitalorigin.com. Canon is a $24 billion company and recognized as one of the world's leading companies in business machines -- including imaging systems and computer input/output devices -- cameras and optical products. With its European headquarters in Amstelveen, The Netherlands, Canon posted sales of $7.3 billion in Europe, Africa and the Middle East in 1998. Digital Origin (Nasdaq:DODV) is the industry's leading provider of cross-platform digital video software solutions that increase productivity and enhance the creative process for videographers, web and multimedia producers. Founded in 1986 and headquartered in Mountain View, Digital Origin products are available through a worldwide network of Digital Origin authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: resellers, system integrators See systems integrator. and distributors. Digital Origin Inc. is headquartered at 460 Middlefield Rd., Mountain View, CA 94043. Its products are available through a worldwide network of Digital Origin authorized resellers, system integrators and distributors. Digital Origin may also be reached at 650/404-6000 or at its web site www.digitalorigin.com. |
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