FOCUS To Announce Multiple OEM Design Wins.Business/Technology Editors WILMINGTON, Mass.--(BUSINESS WIRE)--Feb. 7, 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 ), a leader in the development and marketing of advanced, proprietary, video-conversion ASICs announced today the next step in 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 strategy. Said 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. Thomas L. Massie, &uot;We have seen growth opportunities developing from our OEM business.&uot; FOCUS expects more OEM partnerships with manufacturers in the Internet Appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. (IA), PC reference design, and TV markets to integrate FOCUS' proprietary FS400 digital/video co-processor technology. Building on the success of previously announced partnerships or strategic alliances with such industry leaders as Intel, Philips, Samsung, SONY, National Semiconductor, Apple Computer, and Sigma Designs, FOCUS expects its technology to be integrated in a variety of products in the future, leveraging the strength and diversity of their ASICs. FOCUS plans to release details of these relationships as an ongoing aspect of its business strategy over the next three to six months. FOCUS believes that the FS400 video conversion technology, into which FOCUS has invested significant capital and resources, is the best TV display management technology globally. The patented design of the FS400 family of ASICs has allowed FOCUS to dramatically improve video quality while greatly reducing cost, raising the bar in quality standards for televisions, Internet Appliances, large screen computer monitors, and cable and video conversion set-top boxes. FS400 ASICs support non-interlaced resolutions up to 1600x1200, and are compatible with virtually all monitor refresh rates up to 152Hz. Unlike other PC-to-TV video conversion chips, FS400 ASICs support high quality compression with independent horizontal and vertical underscan. These ASICs can also accommodate a broad range of resolutions and display the entire contents of a computer screen on any size television. FOCUS Enhancements, Inc. is an industry leader in the development and marketing of advanced, proprietary video conversion ASICs for the rapidly 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 See videoconferencing. , and home gaming markets. In addition, the Company is developing a family of products that will enable the current installed base of televisions, VCRs, and camcorders to remain functional in upcoming HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates environments. For More Information FOCUS Enhancements, (978) 988-5888, 600 Research Drive, Wilmington, Mass. 01887, www.focusinfo.com. Investors: Please contact Steve Sheldon, FOCUS Enhancements: (978) 988-5888, e-mail: ssheldon@focusinfo.com. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this release are made pursuant to the &uot;safe harbor&uot; 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 See NTSC, DTV and HDTV. and other risks set forth under the caption &uot;Certain Factors That May Affect Future Results&uot; 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. |
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