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Hitachi's DVD CAM Wins Emmy Award.



Business Editors/Entertainment & High-Tech Writers

NEW YORK--(BUSINESS WIRE)--Oct. 24, 2001

National Academy of Television Arts and Sciences
For the hip hop group see Natas (band)
The National Academy of Television Arts & Sciences or NATAS was created in 1955 to advance the arts and sciences of television.
 Recognizes

Company for Pioneering Development of Consumer Camcorders

and World's First Tapeless CAM

Hitachi America, Ltd, a subsidiary of Hitachi, Ltd. (NYSE NYSE

See: New York Stock Exchange
:HIT) www.hitachi.com, today announced that Hitachi was a recipient of the National Academy of Television Arts and Sciences Emmy Award for "Pioneering Development of Consumer Camcorders." The company's DVD-RAM A rewritable DVD disc endorsed by the DVD Forum. Using phase change technology, DVD-RAMs are like removable hard disks, and the media can be rewritten 100,000 times compared to 1,000 times for DVD-RW and DVD+RW. The first DVD-RAM drives with a capacity of 2.6GB (single sided) or 5.  camcorder (DZ-MV100A) was honored during the Technological/Engineering Emmy Award ceremony, held October 16, 2001 in 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
. The ceremony honored companies and individuals for technology breakthroughs that have directly impacted television.

"Since 1979, Hitachi has been at the forefront of consumer electronics camcorder technology," said Yoshihiro Koshimizu, 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.  of Hitachi America, Ltd.. "The development of the Hitachi 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.
 CAM represents yet another breakthrough in camcorder technology and is Hitachi's latest innovation to bolster its tradition of inspiring unique and solutions-based multimedia products for the increasingly digital world. We are honored to be recognized by the Academy. Hitachi also is proud to be playing a role in television through its wide range of both consumer electronics and professional broadcast equipment."

Under the guidance of Mr. Norio Ogimoto, currently general manager, Video Equipment Operation, Digital Media Products Division of Hitachi, Ltd., the company initiated development of the DVD CAM unit in 1999. It was first released in Japan October 2000, and in North America in January 2001. Designated the DZ-MV100A, it is the world's first DVD RAM-based camcorder with the ability to record high quality video and still images to a DVD disc instead of tape media.

With a history of innovation in the camcorder and consumer electronics industry, Hitachi produced its first video camera in 1979 and was one of the first manufactures to introduce a VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier.  camcorder to the consumer market in 1985. Leading the industry towards the future of consumer video recording technology, Hitachi introduced the world's only MPEG-based handheld recorder, the M2 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).  CAM, in 1997. The predecessor of the DZ-MV100A, the M2 was the first consumer video recorder that could record real-time MPEG-1 movies.

About Hitachi

The Hitachi America, Ltd., Home Electronics Division markets a variety of consumer electronics including high-definition TVs (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 ), projection TVs (PTV PTV
abbr.
1. pay television

2. public television

PTV (US) n abbr (= pay television) → Pay-TV nt (= public television
), color TVs, DVD players, VCRs and camcorders, as well as security and observation system products. The company's premium products are sold under the Hitachi UltraVision and UltraVision Digital brand names.

Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, consumer electronics and semiconductors and provides industrial equipment and services throughout North America. For more information, visit www.hitachi.com.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion(a)). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi's Web site at http://global.hitachi.com.

(a) At an exchange rate of 124 yen to the dollar.

Note to Editors: UltraVision and UltraVision Digital are registered trademarks of Hitachi America, Ltd., Home Electronics Division
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 24, 2001
Words:541
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