Gateway 2000 launches Destination big screen PC featuring 31-inch monitor; New breakthrough system changes how people will use computers.NEW YORK--(BUSINESS WIRE)-- March 21, 1996 --Gateway 2000 today introduced the Destination(TM) big screen PC, which for the first time combines the impact of high-quality, big-screen television with the intelligence of a computer to create a breakthrough entertainment and communications device Typically refers to a terminal used to send voice, video or text. Mobile phones, wireless PDAs and personal computers equipped with microphones, speakers and cameras are all considered communications devices. See modem. that one financial analyst said may "replace the television." Destination by Gateway 2000 is the first convergence product that combines the best elements of a state-of-the-art multimedia computer with the visual drama of home theater An audio/video entertainment center that has a large-screen TV and hi-fi system with three speakers in the front (left, right and center) and left and right speakers in the rear. Starting in the early 1990s, video inputs were added to stereo receivers and preamplifiers. systems. Gateway holds and is applying for more than 20 patents on the Destination big screen PC. The system was developed in partnership with several companies over the last two years. The system, which offers video images superior to those of television, was unveiled in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. by Gateway 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. Ted Waitt Theodore "Ted" Waitt (born January 18, 1963) is an American billionaire who was a co-founder of Gateway, Inc. Biography Waitt was born and raised in Sioux City, Iowa and attended the University of Iowa. . "Destination brings the interactive power of computers to the world of consumer electronics, giving consumers more options for home entertainment, education and communications. Because it is based on state-of-the art computer technology, Destination offers consumers more flexibility and sharper images than traditional single-function consumer electronic devices, and can be upgraded as technology changes," said Waitt. "The system allows users to easily watch television, surf the Internet, shop at home and play games. The Destination big screen PC also gives businesses a dramatic new way to make presentations and schools a cost-effective tool to provide interactive instruction. "This system introduces a category of technology that will revolutionize the way people use computers," he said. "The Destination system is more useful than traditional computers because it is designed to meet the real needs of people - at home and at work, as they learn and play." The Destination system was developed following extensive research to determine what consumers want from technology. The research showed that consumers want technology that allows people to share the experience. Megan Robertson, a technology analyst at Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , called Destination impressive and said, "The device is likely to COMPLEMENT the PC in the home... (but) we think it is likely that Destination could REPLACE the television." (Emphasis Robertson's) Unlike current personal computers, which require people to huddle around a small monitor, the Pentium processor-based Destination system is designed to let users spread out 10 to 15 feet from its 31-inch screen. The computer and television functions are controlled through a touchpad-equipped wireless keyboard and a wireless Field Mouse(TM) remote control/mouse. The system is compatible with consumer electronics components such as VCRs, stereo systems, and laser disc players. Destination can take video feeds from cable television systems, traditional antennas or other video devices. Audio signals from the Destination system can be channeled through home stereo systems to offer surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. capability. To make the system easy to use, Destination comes with Microsoft(R) Windows(R) 95 and Harman Interactive SmartTV(TM) software, which includes the electronic TV Guide that enables people to easily review and select television programs. "The TV Guide database available on the Gateway 2000 Destination system uses the power and flexibility of the PC, allowing the user to easily navigate thousands of TV program listings, selecting TV programs by topic, title or actor," said Paul Carlucci, CEO, News America Publishing, Inc. Patty Stonesifer Patty Stonesifer is the Co-chair and President of the Bill and Melinda Gates Foundation. In 1997, Bill and Melinda Gates asked Stonesifer to launch the Gates Library Foundation, [1] which later merged with the William H. Gates Foundation in 2000. , senior vice president of the interactive media division at Microsoft, said the unit's ability to bring multimedia applications to life will make consumers want to buy the system. "Since the Destination system was designed to be used in a living room environment, it can be enjoyed by the entire family," she said. "Microsoft applications really come alive when viewed on Destination's 31-inch monitor." The system also offers an optional Harman Kardon Harman Kardon, a division of Harman International Industries (NYSE: HAR), is a manufacturer of home and car audio equipment. Harman Kardon is based in Woodbury, New York USA. Founded in 1953 by Dr. surround sound system. Dr. Sidney Harman Dr. Sidney Harman, currently chairman of Harman International Industries, Inc., has been active in education, government, and industry. He served for three years as president of Friends World College, a worldwide, experimental Quaker College, and is the founder and an active member , chairman Harman International, said, "The integration of the PC and the consumer electronics industries is much talked about in today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. and news journals. Many have predicted a war between the two giant industries. The relationship between Gateway and Harman speaks beautifully, and peacefully, to the benefits of collaboration." Mike Aymar, vice president and general manager of the desktop products group at Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking , said, "Destination by Gateway 2000 represents an important milestone in the PC's evolution into a new medium for work, learning and play. Destination is a great, new form factor for Pentium processor-based systems that will enable end-users to interact in new ways." Build-to-order Prices for the Destination big screen PC will range from $3,499 to $4,699, depending on configuration. Customers can place orders for the system beginning Monday, April 8, by calling (800) 846-2000. The Gateway 2000 build-to-order capability lets customers specify what they want on their systems. Gateway offers a wide selection of software, service and hardware upgrades, including faster processors, additional memory, larger hard drives, and faster CD-ROM drives CD-ROM drives, which today typically means a CD-RW drive that is a combo CD-ROM, CD-R and CD-RW drive, come in a variety of speeds. The original drive (1x) transferred data at 150KB per second. . They can also get more information from the Gateway 2000 Internet site at http://www.gw2k.com/destination. About Gateway 2000 Gateway 2000, a Fortune 500 company founded in 1985 and based in North Sioux City Sioux City, city (1990 pop. 80,505), seat of Woodbury co., NW Iowa, at the junction of the Big Sioux and Floyd rivers with the Missouri; inc. 1857. It is a shipping, wholesale trade, and industrial center for an extensive agricultural and livestock area (including , S.D., sells more PC-compatible systems through the direct market channel in the U.S. than any other PC manufacturer. Gateway products and services consistently win top awards from leading industry publications, and independent surveys show that Gateway customers are among the most satisfied and brand-loyal PC buyers. The company's 1995 sales were $3.7 billion. Gateway 2000 is listed on the 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 market as GATE. Gateway 2000 is a registered trademark, Destination and FieldMouse are trademarks of Gateway 2000, Inc. Intel and Pentium are registered trademarks of Intel Corp. Microsoft and Windows are registered trademarks of Microsoft Corp. Other tradenames are the property of their respective companies. CONTACT: Gateway 2000 on the Internet: http://www.gw2k.com Hill & Knowlton: Rich Frostig, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , 212/885-0448; Daniella Cracknell, 212/885-0457; David Julian, 212/885-0399, and Enid Lewin, 212/885-0449 |
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