Product Now Available Incorporating NCTI Cross-Licensed Flat Speaker Technology.STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 24, 1999--NCT Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NCTI NCTI National Center for Technology Innovation NCTI National College of Technical Instruction (Roseville, CA) NCTI National Centre for Trade Information (India) NCTI National Cable Television Institute ) today announced that seven NXT NXT Next licensees have developed product incorporating flat panel speaker technology. NXT and NCTI have a cross licensing agreement for this technology, and NCTI will receive royalties on all product sold which incorporates this technology. The companies that have produced product are Mission Electronics, Gallant, Kodel, Fujitsu, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Wharfedale and Benwin. Products incorporating flat panel technology are: The Traveler portable stereo A portable stereo can be
NXT is the pre-eminent loudspeaker manufacturer in Europe, and leads the world in cutting-edge designs for the more discerning sectors of the market. The Group's centralized research and development facility, V-Labs, employs a team of over 40 world-class scientists and engineers covering a broad discipline of design and engineering. NCTI is a leading technology developer with an extensive portfolio of proprietary algorithms and a wide variety of product offerings for consumer, commercial and industrial applications. For more information, refer to the Company's World Wide Web site at http://www.nct-active.com. |
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