MGI PhotoSuite II and MGI VideoWave Named PC/Computing 1998 MVP Award Finalists; Products Honored for Usability and Value in Personal Image Editor and Video Editing Tool Categories.TORONTO--(BUSINESS WIRE)--Oct. 28, 1998--MGI Software Corp. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MGI MGI Mouse Genome Informatics MGI Modular Gateway Interface MGI McKinsey Global Institute MGI Military Geographic Information MGI Marine Geological Institute MGI Policy on the Management of Government Information (Canada) .) MGI Software Corp., the world's leading provider of PC photo and video editing software Video editing software is application software which handles the editing of video sequences on a computer. It usually includes the ability to import and export video, cut and paste sections of a video clip, and add special effects and transitions; and it sometimes includes the for business and home users, today announced that both MGI PhotoSuite II and MGI VideoWave have been named finalists for a prestigious PC/Computing 1998 Most Valuable Product (MVP (Multimedia Video Processor) A high-speed DSP chip from Texas Instruments, introduced in 1994. Officially introduced as the TMS320C80, it combines RISC technology with the functionality of four DSPs on one chip. ) Award in their respective categories. Being recognized as a finalists for an MVP Award, is just part of the wide-spread attention and praise MGI PhotoSuite II has received from industry insiders since being released in September of this year. In addition, the product recently received an award from Lyra Research and Questra Consulting for Most Compelling Digital Imaging Application of 1998, an Editors' Choice in PC Photo, and numerous Five-Star ratings from computer and photography publications. For MGI VideoWave, the recognition by PC/Computing caps off a long list of accomplishments, which began when the product was launched with a Byte Magazine, Best of Comdex Fall Finalist Award in 1996. Since that time, the product has received numerous awards and accolades including a Win 100 Award from Windows Magazine, and two PC Magazine Editor's Choice Awards. About the PC/Computing MVP Award MVP Award finalists are selected by PC/Computing magazine's editors after they conduct an exhaustive review of thousands of computer hardware, software, Internet and digital office products, evaluating them for usability, performance, technology, innovation and value. This rigorous review process distinguishes the MVP award, regarded as the technology industry's Good Housekeeping Good Housekeeping is a women's magazine owned by the Hearst Corporation, featuring articles about women's interests, product testing by The Good Housekeeping Institute, recipes, diet, health as well as literary articles. seal of approval. "It is an honor to be recognized by PC/Computing as an MVP finalist," said Anthony DeCristofaro, 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. , MGI Software. "To know that some of the industry's most influential and regarded editors have taken note to both PhotoSuite II and VideoWave is euphoric." PC/Computing, the Ziff-Davis magazine for technology-focused business professionals, will honor MGI's products and other MVP Award finalists at the 10th annual MVP Awards ceremony on Sunday, November 15, 1998. Winners will be announced at this gala ceremony, to be held this year at Studio 54 in the MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. Grand Hotel in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada. The MVP awards event has long been considered the unofficial kick-off for the COMDEX/Fall technology industry trade show (which officially opens the next day), where MGI Software will display its products at the Microsoft Partners Pavilion, booth L2036, and the Kodak Pavilion, booth L7128. In addition to being announced at the Awards ceremony, MVP winners will also be featured on the PC Computing home page, http://www.pccomputing.com, and in the January 1999 issue of PC Computing, which many of the publication's more than 1,000,000 readers use as a product buying guide and reference tool. About MGI PhotoSuite II and MGI VideoWave MGI PhotoSuite II delivers the complete PC Photography experience making sophisticated photo correction, manipulation, composition and presentation accessible to the average business and home user. The software's unique architecture embraces the Internet on many levels. For example, users can directly access Lycos Pictures & Sounds -- a library of 40,000 of royalty free images -- and use the Lycos P&S search engine, which is specially tuned to search for multimedia objects, to find additional content from the estimated 18 million images on the Internet. Users can access MGI's special photo community called PhotoStreet.com (http://www. PhotoStreet.com), which provides enthusiasts with links to over 1500 photo related sites, tips, tricks, new downloadable content, and updates, plus insight from world-renowned photographer Jerry Downs as he rediscovers photography on the computer. In addition, users can directly access the Kodak Picture Network to get and share their digitally processed pictures. PhotoSuite II includes high-quality templates for creating everything from business cards and stationary to calendars and greeting cards See e-card. , delivering unparalleled functionality, productivity and entertainment to business and home users working with photos on a PC. Ideal for business uses such as enhancing presentations with video, creating video news releases, developing video-based marketing and product materials, training videos and streaming Web content, as well as editing home movies, MGI VideoWave is PC video made easy. The product has already been acclaimed by PC Magazine, winning two "Editors' Choice" Awards, for its innovative and intuitive StoryLine Noun 1. storyline - the plot of a book or play or film plot line plot - the story that is told in a novel or play or movie etc.; "the characters were well drawn but the plot was banal" approach to PC video editing See nonlinear video editing and video editor. . MGI VideoWave lets users quickly and easily combine moving pictures, animation, graphics photos, sound music and narration to "tell a story" in video. About MGI Software MGI Software is changing the way home and business computer owners experience photography and video. The company has quickly become a market and technology leader with its award-winning products and its relationships with leading manufacturers driving the union of computing with photography, video, and television. MGI's partners include leading firms in the photo industry, online service suppliers, and manufacturers of digital cameras, computer hardware, software, and consumer electronics. With more than 12 million copies shipped in two years, MGI's PhotoSuite and VideoWave are the leading brands in retail and 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 distribution spanning 25 countries. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. market research firm Dataquest, MGI Software has captured a worldwide installed base market share of 44 per cent in consumer photo software, 8 per cent more than its nearest two competitors combined. In 1997, 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 invested in MGI and entered into related product development and marketing agreements. MGI Software shares trade on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (Symbol - MGI). For more information visit http://www.mgisoft.com. Copyright(c) MGI Software Corp.,1998. MGI, MGI PhotoSuite, MGI VideoWave and PhotoStreet.com are trademarks or registered trademarks of MGI Software Corp. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers. |
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