Iomega unveils digital audio strategy.LAS VEGAS--(BUSINESS WIRE)--November 16, 1999-- From MP3 Players A digital music player that supports the MP3 format, which was the audio format that started a revolution in online music downloads and distribution. All portable music players, the iPod being the most popular, support MP3 along with one or more other audio formats. and the ZipCD(TM) External USB Drive A flash memory card that plugs into the computer's USB port. Small enough to hook onto a keychain, it emulates a small disk drive and allows data to be easily transferred from one machine to another. to Working With Windows Media Microsoft's audio and video framework for Windows, which embraces playback, encoding and streaming. Windows Media Player is the digital jukebox and media player that comes with every version of Windows. Device Manager and SDMI (Secure Digital Music Initiative) A set of rules for securely distributing digital music over the Internet. Announced in February 1999, it is backed by the Recording Industry Association of America (RIAA) and Sony, Warner, BMG, EMI and Universal, the top five , Iomega Offers Leading Audio Storage Solutions Iomega Corporation (company, storage) Iomega Corporation - A storage device manufacturer whose major products are the Zip and Jaz removable disk drives and Ditto tape drives. They became popular with an early product called the Bernoulli Box. (NYSE NYSE See: New York Stock Exchange :IOM IOM See: Index and Option Market ), a leader in smart, portable storage solutions, today unveiled its broad digital audio strategy, to help music lovers access their favorite digital music anytime anywhere. New digital music formats like MP3, portable music players See digital music player and Portable Media Center. and the Internet have created a tremendous opportunity for removable storage solutions. In disclosing its new strategy, Iomega announced its next ZipCD(TM) product and that Clik!(TM) drives will be featured in MP3 players from several manufacturers. Zip(R), Jaz(R) and Clik! disks also include a unique serialization se·ri·al·ize tr.v. se·ri·al·ized, se·ri·al·iz·ing, se·ri·al·iz·es To write or publish in serial form. se feature, which protects copyrighted music when used with the Windows Media Device Manager and Secure Digital Music Initiative Secure Digital Music Initiative (SDMI) was a forum formed in late 1998, comprised of more than 200 IT, consumer electronics, security technology, ISP and recording industry companies, ostensibly with the purpose of developing technology specifications that protected the (SDMI) devices and applications. "Iomega's Zip, Jaz and Clik! disks and ZipCD discs are the perfect solution for storing the user's digital music collection and easily transporting music from one computer to another," said David Henry
David Henry (b.February 24, 1975 in Denver, Colorado)is an IFBB professional bodybuilder. , vice president and general manager, magnetic products, Iomega Corporation. "Unlike other secure digital music solutions that bind music to a hard drive or player, the Iomega solution binds music to a disk. Consumers can move their disks from office to home or from computer lab to dorm room. And with more than 30 million Zip drives and 180 million Zip disks shipped, our products are available just about everywhere." Iomega has been developing digital audio initiatives on a number of fronts -- many of which are on display at the Iomega booth at COMDEX/Fall '99 (No. L5746) -- including: -0-
Microsoft Partnership
Iomega today announced that Iomega will support Microsoft's new
Windows Media Device Manager (WMDM). WMDM will allow hardware and
software companies to build Secure Digital Music Initiative
(SDMI) capable devices and applications that can download music
to Iomega's Zip(R), Jaz(R) and Clik!(TM) disks. With unique
serialization on the more than 180 million Zip disks in the
marketplace, Iomega provides an excellent solution for devices
requiring SDMI-compliant portable media.
"Yes" Promotion
Music Choice, the world's largest provider of commercial-free
digital music is premiering an Internet audio show this month
promoting the legendary rock band YES' new album, "The Ladder,"
coupled with digital downloads of exclusive new cuts and YES
classics. Iomega sponsors the 30-minute show and the free
downloadable package is available only to Zip disk users at the
Music Choice Web site at www.musicchoice.com.
Clik!(TM) MP3 Players
Iomega is partnering with a number of developers of MP3 audio
technology including Addonics, Optomedia Electronics Corporation
(OME), Sensory Science and Varo Vision Co. The MP3 players and
components with built-in Clik!(TM) drives are being demonstrated
during COMDEX/Fall 1999. Demonstrations include audio players
that hold more than 40 minutes of near CD quality audio on a
single 40MB Clik! disk. With inexpensive 40MB Clik! disks,
available for an estimated street price of $9.99 (U.S.) each,
when purchased in 10-pack, customers can now create an unlimited
collection of 40-minute play lists.
Digital Signal Processing
Iomega is working with leading component suppliers including
Digital Signal Processing (DSP) vendors to support Iomega(R)
drives. Enabling the rapid development of new digital audio
products that support the secure download of music off the
Internet. Programmable DSPs enable digital audio products to
easily support a wide range of digital music standards (from MP3
to Windows Media Audio). As new formats become available
consumers can easily update their player with a simple download.
With these vendors leading the way, Iomega is poised to become
the removable storage vendor of choice for the digital music
market.
Secure Digital Music Initiative
Iomega is an active member of the Secure Digital Music Initiative
(SDMI). Iomega supports the SDMI goals of convenient access to
quality recordings for consumers, ensuring copyright protection
for artists' work, and enabling technology and music companies to
build successful business on the Internet. Iomega's Zip(R),
Jaz(R) and Clik!(TM) disks include a unique serialization
feature, which conforms to the SDMI portable media standards.
SDMI compliant digital music players built around Iomega(R)
drives and media allow the secure download of music off the
Internet while protecting music copyrights.
ZipCD(TM) CDRW External USB Drive
Yesterday, Iomega announced shipment of its next CD-Rewritable
(CD-RW) drive, the ZipCD(TM) external USB drive. Available soon
through retailers, resellers and Iomega's direct sales site,
www.iomegadirect.com, the ZipCD drive gives users a new storage
capacity to back-up, archive, transport, share and create up to
650MB of audio or text data on a common CD format.
"Iomega continues to develop initiatives on the digital audio front, and expects to make similar partnership and new product announcements throughout 2000," added Henry. About Iomega Iomega Corporation (NYSE:IOM) manufactures and markets the award-winning Zip(R), Jaz(R) and Clik!(TM) drives and disks and markets the ZipCD(TM) CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast. drives and discs that help people to organize, manage, create, exchange and share their important information. Used in homes, businesses, government, education and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-800-MY-STUFF (800-697-8833), or on the Web at http://www.iomega.com. Special note: Statements contained in this release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Iomega's digital audio strategy, Iomega's support for the Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. Media Device Manager and the Secure Digital Music Initiative, Iomega's positioning as the removable storage vendor of choice for Digital Signal Processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). enabled music devices, Iomega's continued development in the digital audio front and any potential partners and new products, and the expected availability and functionality of the Addonics branded, OptoMedia branded, Varo Vision branded and Sensory Science branded Clik!(TM) MP3 players are 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. . There are a number of important factors that could cause actual events to differ materially from those indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. by such forward-looking statements, including execution of a binding agreement between Iomega and Addonics, Iomega and OptoMedia, Iomega and Varo Vision and Iomega and Sensory Science, market acceptance of, and demand for, the Addonics branded, OtpoMedia branded, Varo Vision branded, and Sensory Science branded Clik! MP3 players, manufacturing issues, including component availability and pricing, encountered by Iomega, Addonics, OptoMedia, Varo Vision and Sensory Science, development and distribution issues relating to the Addonics branded, OME (Open Messaging Environment) An open messaging system from Novell. It is based on Microsoft's MAPI and is a superset of Novell's MHS and WordPerfect Office's messaging systems. branded, Varo Vision branded and Sensory Science branded Clik! MP3 players, product pricing and conformity to specifications, competition, intellectual property rights and other risks as identified in Iomega's Annual Report to Stockholders for 1998 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. , filed March 26, 1999, and its most recent quarterly reports filed with the SEC. Copyright (c) 1999 Iomega Corporation. The following trademarks of Iomega Corporation are registered in the U.S. Patent and Trademark Office and in other countries: Iomega, Zip and Jaz. Some other marks which may be registered in some countries are: Zip 100, Zip 250, Clik! and ZipCD. Certain other product names, brand names and company names may be trademarks or designations of their respective owners. |
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