FOCUS Enhancements Now Shipping the FS450 In Initial Production Quantities; FOCUS' Most Advanced PC-to-TV co-Processor.Business/Technology Editors WILMINGTON, Mass.--(BUSINESS WIRE)--May 23, 2000 FOCUS Enhancements, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FCSE FCSE Frequency Control Symposium and Exhibition ) announced today that they have begun shipping the FS450, their most advanced PC-to-TV co-processor, in initial production quantities, to 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 customers. The FS450 incorporates a broadcast quality encoder and programmable, flat, artifact-free scaling and an advanced 2D-flicker filter. It accepts many input resolutions and formats and converts them to NTSC (National TV Standards Committee) The committee that developed the television standards for the U.S, which are also used in Canada, Japan, South Korea and several Central and South American countries. Both the committee and the standard are called "NTSC. or PAL standards. The FS450 is targeted for Internet set-top boxes, Cable/DVD Player set-top boxes, web appliances, and video kiosks. "We have begun shipping initial production quantities of the FS450," said Brett Moyer, FOCUS' Executive Vice President & Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "The FS450 is the third video conversion ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. launched in our chip family and continues FOCUS' technological expansion into OEM markets that serve the Internet set-top box and Internet appliance markets. These initial production shipments represent the effort, expense, and vision we had as a company more than a year ago," Mr. Moyer continued. FOCUS Enhancements, Inc. develops and markets advanced, proprietary video conversion ASICs for the converging, multi-billion dollar Internet, computer, and television industries. The Company's technology, which is sold globally through Original Equipment Manufacturers (OEMs) and resellers, merges computer-generated graphics and television displays for Internet viewing, presentations, training, education, video teleconferencing, and home gaming markets. For More Information FOCUS Enhancements, (978) 988-5888, 600 Research Dr., Wilmington, Mass. 01887, www.focusinfo.com Investors: Please contact Steve Sheldon, FOCUS Enhancements: (978) 988-5888, e-mail: ssheldon@focusinfo.com. Forward-looking statements in this release are 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. The statements contained in this release which are not historical facts are forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company; new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. Readers are cautioned not to put undue reliance on any forward-looking statements contained herein, which speak only as of the date hereof. The Company undertakes no obligation to release publicly any revisions to forward- looking statements that may be made to reflect events after the date hereof or to reflect the occurrence of unanticipated events. In addition, the forward-looking statements contained herein are subject to risks and uncertainties, including fluctuations in operating results, the timely development and acceptance of new products, product availability from suppliers, the impact of competitive products and pricing, changing TV standards and other risks set forth under the caption "Certain Factors That May Affect Future Results" in Focus' Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31,1998, in its quarterly reports on Form 10-Q Form 10-Q See 10-Q. for the quarters ended March 31,1999 and June 30,1999, and other filings with the SEC. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion