Constellation 3D to Demonstrate FMD Videodisc at Miramax Films Digital Cinema Premiere of `Bounce' and the Debut of The Theater Of The Future-TM-.Business/Entertainment Editors & High-Tech Writers NEW YORK--(BUSINESS WIRE)--Oct. 12, 2000 Constellation 3D Inc. ("C3D") (Nasdaq OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CFMD) is pleased to announce the demonstration of its Fluorescent Multilayer Disc Fluorescent Multilayer Disc (FMD) was an optical disc format developed by Constellation 3D that uses fluorescent, rather than reflective materials to store data. Reflective disc formats (such as CD and DVD) have a practical limitation of about two layers, primarily due to (FMD FMD foot-and-mouth disease. ) videodisc technology at a forthcoming satellite-delivered Digital Cinema film premiere hosted by Miramax Films. The event, to be held in New York in November at a date and location to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. , will be covered by global media and press organizations including the major TV and news networks and entertainment-based programming. The premiere will also be attended by companies providing key infrastructure for the distribution and display of Digital Cinema content, such as Boeing Aerospace & Communications, Texas Instruments, AMC Theaters and QuVIS Corporation. The high profile premiere of a movie in the new Digital Cinema format confirms Miramax's commitment to this emerging phase of cinema technology, in which video and audio information is stored not on 35mm celluloid reels but on digital media such as C3D's ultra high capacity FMD videodisc. The first generation of this FMD media, with capacities up to 100GB, will offer higher resolution, higher bit-rates and greater realism than current consumer video formats. FMD playback systems for Digital Cinema, HDTV and a Personal Video Recorder See DVR. are currently under development with industry partners. These systems, due for commercial release next year, are based on inexpensive red laser technology and therefore are capable of playing current CD and 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. content. C-3D is also developing a portable playback system that will utilize C3D's 5GB credit-card-sized Fluorescent Multilayer ClearCard(TM) (FMC). Constellation 3D Inc. develops advanced data storage products including the FMD videodisc and the FMC videocard. The company has offices in New York and Massachusetts, and laboratories in California, Israel and Russia. Constellation 3D holds or has made applications for over 80 worldwide patents in the field of optical data storage. More information is available at www.c-3d.net. Miramax Films is one of the leading Hollywood studios, whose recent hits include "The Cider House Rules," "Shakespeare in Love" and "Rouge Trader." More information is available at www.miramax.com. Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in 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. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results. THE SEC AND NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
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