RAVISENT Collaborates With Microsoft To Develop Add-On Packs For Windows XP.Business Editors/Hi-Tech Writers MALVERN, Pa.--(BUSINESS WIRE)--July 16, 2001 MP Creation and 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. Decoder Packs To Deliver MP3 Ripping and DVD Playback in Windows Media Player Digital jukebox software for Windows from Microsoft that plays a variety of audio, video and streaming formats including MP3, WMA, CD audio and MIDI. Starting with Version 6.2 in 1999, the Windows Media Rights Manager was added for securing copyrighted content. for Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. RAVISENT Technologies Inc. (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 : RVST RVST Raad Van State (Belgian supreme administrative court) RVST Relative Value Scale in Teaching ), a software and intellectual property licensing company, today announced it will work with Microsoft and offer new add-on products to enable the digital recording of CDs into the MP3 format in the Windows Media Player for Windows XP. Using RAVISENT's forthcoming MP3 Creation Pack for Windows XP, users of Windows Media Player for Windows XP will now have the full flexibility of choice for creating their music collections, whether it is using the Windows Media Audio See Windows Media formats. format (WMA (Windows Media Audio) An audio compression method from Microsoft. Known originally as MSAudio, this proprietary format competes with the MP3 and AAC methods. WMA encodes rapidly and is known to be especially effective at low bit rates. ) to get CD-quality sound in half the file size of MP3 files, or using MP3 technology itself. In addition RAVISENT will also offer a DVD Decoder Pack for Windows XP that enables Windows XP users to add DVD playback support to their PCs based on the RAVISENT CineMaster DVD technology. Windows XP takes the digital music experience to an entirely new level for MP3 users. Windows XP offers integrated MP3 playback and management, the ability to edit MP3 information directly in the Windows shell An add-on user interface for Windows. Numerous shells were created for Windows 3.x to streamline or replace Program Manager by providing such features as foldering, customized toolbars and quick access to the DOS command line. For example, Norton Desktop for Windows was popular. , transfer of MP3 music to portable devices, creation of audio CDs (CD burning) of MP3 files, and many more features. Windows Media Player for Windows XP also introduces support for MP3 encoding and DVD playback via an MP3 and DVD plug-in architecture, enabling developers and computer makers to add MP3 encoding and DVD playback capabilities directly to the player. RAVISENT MP3 and CineMaster DVD technology will use this new plug-in innovation to offer new add-on products specifically for Windows XP users. RAVISENT will offer for download via the web a "MP3 Creation Pack for Windows XP" and a "DVD Decoder Pack for Windows XP". Windows XP users will be able to order and download the RAVISENT software from the company's Web site via links inside Windows Media Player for Windows XP. The add-on packs for Windows XP can each be purchased either separately or together and should be available for download by October 25th. "This is a great example of how leading developers like RAVISENT can take advantage of our MP3 and DVD plug-in architecture in Windows Media Player for Windows XP" said Dave Fester fester /fes·ter/ (fes´ter) to suppurate superficially. fes·ter v. 1. To ulcerate. 2. To form pus; putrefy. n. An ulcer. , general manager, Windows Digital Media Division, Microsoft Corp. "This innovation not only creates new opportunities for software vendors but also helps create a richer digital media experience for Windows XP users." "Windows Media Player for Windows XP will greatly enhance the world of Digital Entertainment," said Frank Wilde, 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. for RAVISENT. "This collaboration with Microsoft to enable new add-ons provides RAVISENT with a tremendous opportunity to offer Windows XP users the ability to add CineMaster DVD playback technology." Microsoft has also licensed RAVISENT's CineMaster DVD engine for DVD playback on the Xbox video game system. About CineMaster DVD RAVISENT's CineMaster DVD Engine is a cross-platform, high-performance DVD and MPEG-2 decoding solution designed to decode and playback DVD-Video, 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). Video and Broadcast MPEG Video content. CineMaster DVD can be integrated with a variety of digital media processing components to deliver decoding capabilities, as well as support cutting-edge 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 (High Definition Television) decoding. CineMaster DVD engine provides DVD playback for Microsoft Xbox(TM) video game system. CineMaster digital media components meet the requirements of the DVD Forum, the Content Scrambling System (CSS (1) See Cascading Style Sheets. (2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie. ), Dolby, and Macrovision, and assist OEMs to meet rapidly changing consumer preferences in record time at a low cost. About RAVISENT Technologies Inc. RAVISENT is an IP licensing company providing digital audio and video software to leading PC OEMs, empowering them to deliver highly competitive, cost-effective products with a strong time-to-market advantage. RAVISENT software and intellectual property is contained in products from Compaq, Dell Computer, Gateway, Hewlett-Packard, Micron, Matrox, ATI Technologies and STMicroelectronics. Founded in 1994, RAVISENT is a global company, headquartered in Malvern, Pennsylvania, with offices in Silicon Valley and Japan. More information about RAVISENT is available at www.ravisent.com. All companies and product names mentioned herein are for identification purposes only and may be trademarks and/or registered trademarks of their respective companies. This press release may contain certain forward-looking statements that relate to RAVISENT's future business and financial performance. Such statements are subject to a number of risks and uncertainties that may cause the actual events of future results to differ from those discussed herein. Such factors include, among others: RAVISENT's ability to consummate the acquisition of eMation and to achieve any benefits from the acquisition, the viability of DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M technology, the potential for growth in the pervasive computing market, RAVISENT's ability to identify beneficial strategic alternatives is uncertain and the success of any strategic alternatives is speculative; RAVISENT's recent change in its business model, its limited operating history, fluctuating quarterly operating results, expectation of future losses, anticipated price declines in products, dependence on its current product lines, dependence on a small number of customers, lack of long-term commitments with customers, dependence on manufacturers and strategic relationships, product delays, the difficulty of protecting proprietary rights, the ability to manage growth and attract and retain additional personnel, the potential for defects in its products, risks from international operations, its ability to raise capital in the future, its dependence on the personal computer and consumer electronics industries, competition, its ability to manage technological change and respond to evolving industry standards, and government regulation. Investors are advised to read RAVISENT's Annual Report 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. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. and Forms 8-K filed with the Securities and Exchange Commission, particularly those sections entitled "Factors Affecting Operating Results," for a fuller discussion of these and other risks and uncertainties. Copyright(c)2001 RAVISENT Technologies. All rights reserved. |
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