Diamond Multimedia and MGI Software Extend Partnership; Diamond Selects MGI VideoWave SE Plus for New Supra Video Kit.TORONTO--(BUSINESS WIRE)--Aug. 25, 1997--MGI Software Corp. (Canadian Dealing Network Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :MGIS MGIS Musa Germplasm Information System ), the world's leading supplier of PC photography and video publishing software for consumers, and Diamond Multimedia Systems, Inc. (Nasdaq:DIMD DIMD Dorland's Illustrated Medical Dictionary ), a leader in Internet multimedia acceleration, today extended their OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and (original equipment manufacturer) partnership in the area of PC video. Diamond has selected MGI MGI Mouse Genome Informatics MGI Modular Gateway Interface MGI McKinsey Global Institute MGI Military Geographic Information MGI Marine Geological Institute MGI Policy on the Management of Government Information (Canada) VideoWave SE Plus for bundle with the new Supra Video Kit (TM), a camera and video capture card See video capture board. combination that delivers dramatically superior video quality over camera-only products. The combination, which sells for an estimated retail price of US$199, enables users to create high quality videos. Using MGI VideoWave SE Plus users can quickly and easily capture, edit and produce professional looking, full-motion videos for home use, business presentations and web sites. "We are pleased to extend our partnership with Diamond Multimedia to deliver video publishing to the masses," said Anthony DeCristofaro, MGI Software president 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. . "The Supra Video Kit benefits users who are looking for good quality, affordable hardware and easy-to-use PC video solutions." The bundle of MGI VideoWave SE Plus with the Supra Video Kit extends an earlier partnership between MGI Software and Diamond. Diamond includes MGI Software's industry-leading PC photography product, MGI PhotoSuite SE, with the Stealth 3D 2000 Pro video adapter. "The Supra Video Kit delivers the excitement of PC video and communications technology. Its high-quality video capture card and camera produce dramatically superior video quality compared to camera-only solutions," said Jim Cady, vice president and general manager for Diamond Multimedia's Communications Division. "We chose MGI's software because it takes full advantage of our kit's quality and features." According to the industry research firm Dataquest of San Jose, Calif., total worldwide shipments of video cards that include a video capture capability is expected to grow from an estimated 14,996,000 units this year to 36,388,000 units for the year 2000. The estimates include a range of different products from low-end to high-end video capture cards, cards with a TV tuner capability and adapters that combine 3D, video capture, and graphics acceleration. MGI VideoWave SE Plus is one of two OEM offerings from MGI Software. It is based on the full-featured version, which has won the PC Magazine's Editors Choice, Windows Sources Stellar Award (Australia), SV Multimedia Magazine Five Star Award (France) and, more recently, received a "Windows Recommended" distinction from Windows Magazine. MGI VideoWave lets users quickly and easily capture, edit and produce video on their PC. Aimed at the non-technical, general business and home user, MGI VideoWave takes a fresh approach to video production by eliminating the traditional timeline interface used by other products. Its unique Storyline for video composition, powerful editing functionality and real-time previewing capability, lets users quickly and easily produce videos in AVI, QuickTime, MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). and Internet streaming video formats for playback on PCs, Macintosh computers, and the Internet or output back to tape. The full version of MGI VideoWave retails for about U.S. $99 (Cdn $129) and is available from computer stores including CompUSA, ComputerCity, and Egghead. About Diamond Multimedia Diamond Multimedia is driving the Internet multimedia market by providing interactivity and connectivity solutions for home, business and professional desktop computer users, enabling them to create, access and experience compelling new media content from their desktops and through the Internet. Diamond accelerates multimedia from the Internet to the hard drive with products that include the Stealth series of media accelerators, the Monster series of entertainment 3D and sound accelerators, the Fire series of professional 3D and SCSI SCSI in full Small Computer System Interface Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB. accelerators, and the Supra(R) series of modems. Diamond also markets 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. and video phone kits. The company (www.diamondmm.com) can be contacted at 408/325-7000. About MGI Software Founded in 1995, MGI Software's mission is to "change the way you picture the world" by revolutionizing the way people use photos, videos and other multimedia on their computers and the Internet. The company's award-winning product line includes MGI PhotoSuite, MGI VideoWave, MGI 3DVision, and MGI Calamus calamus (kăl`əməs): see arum. Publisher. Its customers and partners include Sony, Hitachi, Canon, Packard Bell, Konica, Panasonic, Sanyo, Kodak, Yashica, Citizen, Mitsui, Adaptec, miro, Iomega, Diamond Multimedia, and ATI Technologies. In a recent Dataquest report, MGI Software was ranked the world's leading supplier of consumer photo editing software for Windows. The company shipped more than 5 million copies of its PhotoSuite brand in 1996, and retained about 85 percent of the worldwide OEM market. MGI Software (http://www.mgisoft.com) is based in Richmond Hill, Ontario Richmond Hill (2006 population 162,704) is a town in York Region north of Toronto, Ontario, Canada. It is part of the Greater Toronto Area. History The area was first surveyed by Lieutenant-Governor John Graves Simcoe in 1794 while he was constructing Yonge Street. and can be contacted at 905/764-7000. -0- Note to Editors: MGI, MGI PhotoSuite, MGI VideoWave, MGI 3DVision, and MGI Calamus Publisher are trademarks or registered trademarks of MGI Software Corp. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers. CONTACT: MGI Software Corp. Shelly Sofer sofer or sopher In Judaism, a scholar-teacher of the 5th–2nd centuries BC who transcribed, edited, and interpreted the Bible. The first sofer was Ezra, who, with his disciples, initiated a tradition of rabbinical scholarship that is still central in , 905/707-3609 shellys@mgisoft.com |
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