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DIGITAL F/X TRANSFERS BROADCAST BUSINESS TO MICROTIME

 LAS VEGAS, Nev., April 21 /PRNewswire/ -- Digital F/X Inc. (DF/X) today announced that it has transferred the assets of its broadcast video business to Andersen Group Inc. (NASDAQ: ANDR). Andersen will operate that business through its subsidiary, Microtime Inc.
 The Broadcast Business includes IMPACT, a variable image transformer and DVE, and Composium, a high-end compositor work station and editor, as well as the Microtime Signal Processing product line.
 "All employees related to the broadcast product line, including engineers located in Mountain View, Calif., and Bloomfield, Conn., and all regional sales managers have been retained by Microtime," stated Sheila Ross, director of worldwide sales.
 Microtime will be responsible for all product warranties, service and support. Customer Service will be headed up by Bob Wickland with Frank Gigliotti servicing the West Coast and Latin America.
 Andersen President Frank Baker stated that the video business has been a priority for Microtime for over 20 years since the development of the first digital time base corrector, and the tradition of Microtime service and product support will continue.
 Robert Pape, new president of DF/X, stated that the transfer of the broadcast business to Microtime will allow DF/X to concentrate on its revolutionary new technology in digital media authoring tools for both audio and video. Products include the new Hitchcock non-linear video editor and the WaveFrame DCS digital audio workstation.
 The products of both DF/X and Microtime are at NAB in booth no. 18881 on the main floor.
 Digital media products from DF/X are also featured in the MultiMedia World at booth no. 803.
 Based in Mountain View, Digital F/X Inc. manufactures and markets digital video and audio post-production systems for the professional and emerging desktop markets. Integrating computer technology with proprietary hardware and software, Digital F/X is an award-winning technological leader in providing video and audio solutions.
 NOTE: Digital F/X, Video F/X, Video F/X Pro, Video F/X YC, Hitchcock, TitleMan, are trademarks of Digital F/X Inc. All other product names are trademarks or registered trademarks of their respective holders.
 -0- 4/21/93
 /CONTACT: Richard Snee of Digital F/X, 415-961-2800; or Mark Podesla of Microtime, 203-242-4242/
 (ANDR)


CO: Digital F/X Inc.; Andersen Group Inc.; Microtime Inc. ST: California; Connecticut IN: CPR SU:

TM-GT -- SJ001 -- 8839 04/21/93 14:32 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 21, 1993
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