Nasdaq Marketsite to Use Hitachi High-Definition Plasma Display Monitors for Broadcasts Over Times Square.Business Editors/High-Tech WritersBRISBANE, Calif. and NEW YORK--(BUSINESS WIRE)--July 17, 2000 Monitors To Display Network Broadcasts and 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 Ads To Public Hitachi America, Ltd. and Hitachi Denshi America, Ltd.'s Broadcast & Professional Group, today announced that Nasdaq "Marketsite" is employing Hitachi's high-end 42-inch plasma displays for broadcast at Times Square. Hitachi's CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information 402HDU HDU High Dependency Unit HDU High-Density Urethane HDU Hose Drum Unit (air to air refueling) HDU Helmet Display Unit HDU Hard Disk Unit HDU Harley-Davidson University (service school operated by the factory) high-definition plasma display monitors are currently being used by Nasdaq's "Marketsite," a 100-monitor video wall displaying real-time Nasdaq stock quotes in graphical (company logo) format. The screens will be situated in Nasdaq's 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. studio on 43rd Street and Broadway in Times Square and visible to the public. In addition to the first three monitors scheduled for installation in the coming weeks, Nasdaq plans to purchase up to six more of the HD monitors from Hitachi for "Marketsite" in the near future. "Marketsite" also currently uses four Hitachi Z-3000W portable, 4:3/16:9 switchable cameras, as well as an HVD-15 three-CCD color camera for shooting live and/or taped stock market reports and interviews. 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. Wayne Chmieleski, Nasdaq Manager of Broadcast Operations, while the public can currently view on-air talent from several networks in the studio, such as CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. , CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. and CBS (Cell Broadcast Service) See cell broadcast. , it is not apparent which network is doing the live broadcast. "With these Hitachi monitors, people can actually look up and say `There's CNBC up on the monitor, and the anchor is going live,' whereas before it was difficult to associate which network was actually broadcasting," said Chmieleski. "We can also display advertisements if we are hosting an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. for one of our listed companies, and anyone on the street will be able to view that advertisement. These monitors are extremely versatile and will be used extensively for `MarketSite'." As to his preference for the Hitachi CMP402HDU HD monitors over competitive display screens, Chmielski points to the Hitachi unit's brightness, advanced technology, and a wide axis of viewing. In addition, the lightness of the monitors was important in selecting the Hitachi model. "The Hitachi monitors weigh about 75 pounds, while the competition is at least double that, and in some cases, triple," he said. "I know of one brand that weighs approximately 240 pounds, while another has a cable coming out of the display, and all the processing is done in a separate box that needs to be hidden from view. The Hitachi monitors are also the only ones that can handle a variety of inputs from standard definition to computer inputs." Currently, Nasdaq's "MarketSite" will display all broadcasts in standard definition, although the Hitachi CMP402HDU monitors were purchased with high definition in mind. "These monitors were selected for our long-term needs as well as our immediate needs," said Chmieleski. "We have a fully digital facility here, and are ready for 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 . Since the rest of the world is not yet ready, we're still putting our product out in standard definition. When the rest of the world is ready, all we have to do is go through the menu, set it to 16:9 ratio, and away we go." Chmieleski has been continually impressed with Hitachi's technical service. "Hitachi has been extremely supportive of our efforts here," he said. "Our salesman is always available to answer my questions. While I haven't really needed Hitachi's support often, they are always willing to help out when needed." About Hitachi Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 1999 (ended March 31, 2000) consolidated sales of 8,001 billion yen ($75.5 billion*). 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://www.hitachi.co.jp. 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information, visit www.hitachi.com. Hitachi America, Ltd., Computer Division, supplies high-performance computer storage products and multimedia products to OEMs, value-added resellers, system integrators and distributors. The division's products include high-capacity hard disk drives and DVD-ROM DVD-ROM: see digital versatile disc. A read-only DVD disc used to permanently store data files. DVD-ROM discs are widely used to distribute large software applications that exceed the capacity of a CD-ROM disc. and -RAM drives, digital multimedia recorders, hand-held computers, LCD projectors, CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. monitors, color laser beam printers and flat panel and plasma displays. Hitachi Denshi, Ltd. designs, manufactures and markets video cameras for the broadcast television, cable, video production, and industrial markets. For more information, please call (516) 921-7200 or contact Hitachi's web site at www.hdal.com. Full versions of all press releases are posted on the web site. Editor's Note: Color photographs of the Hitachi HD monitors at Nasdaq's "MarketSite" are available upon request. |
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