Zenith Interactive Televisions Honored With Prestigious Popular Mechanics 2001 Editor's Choice Award At CES.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--Jan. 8, 2001 TeleCruz-Powered Interactive Television With Transcast Internet Service Hailed for Its Innovative Capabilities TeleCruz Technology Inc., the leading innovator of interactive television platforms, today announced that Zenith Electronics Zenith Electronics Corporation is an American manufacturer of televisions headquartered in Lincolnshire, Illinois. It was the inventor of the modern remote control, and it introduced HDTV in North America. Corporation's interactive television was awarded a Popular Mechanics 2001 Editor's Choice Award at the Consumer Electronics Show (CES) 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. . The 27-inch multimedia television is powered by TeleCruz's patented interactive television platform that delivers free, built-in Internet access See how to access the Internet. via Transcast's TV portal. "We are honored by Popular Mechanics' recognition of the innovation and creativity of Zenith and our partners TeleCruz and Transcast," said Richard M. Lewis, senior vice president of research and technology at Zenith Electronics Corp. "The designation of this award is a confirmation that we are truly pioneering the future of interactive television." The Zenith interactive televisions create a new product category that deliver to consumers easy access to Internet services such as e-mail, Internet browsing, shopping and up-to-the-minute news and information through America's favorite home appliance, the television. "Along with Zenith and Transcast, TeleCruz is transforming the American television viewing experience by providing consumers a pure interactive experience in one single, integrated device," said Kris Narayan, chairman of TeleCruz. "It is a great honor to be recognized by Popular Mechanics for our vision to bring the best of both broadcast and Internet content through the convenience of television." "Popular Mechanics' award is proof positive that Transcast is the leading exclusive TV portal for TV OEMs," said Ramon Cazares, COO and co-founder of Transcast. "We are excited to work with TeleCruz, Zenith and other TV manufacturers to deliver a free, easy and more robust interactive service embedded Inserted into. See embedded system. directly inside the television. Transcast's business model is focused on enhancing the television viewing experience by merging the rich content and familiarity viewers are accustomed to with information and interactivity they look to the Internet to provide." The Zenith televisions are expected to hit retail store shelves during the first half of 2001. CES attendees can view Zenith TVs at Zenith booth number 2027 and TeleCruz booth number 5835 through Tuesday, January 9. About Zenith Electronics Corp. Based in Glenview, Ill., Zenith is a long-time leader in electronic entertainment products and a primary developer of digital 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 November 1999, Zenith has been a wholly-owned subsidiary of LG Electronics, a global leader in electronics and digital technologies. Visit Zenith on the World Wide Web at www.zenith.com. About TeleCruz Unique in the interactive television market space, TeleCruz Technology Inc. is the only company focused on bringing interactivity inside the television. The company provides both hardware and software platforms to top industry partners, including four leading television OEMs. TeleCruz's key technology patents embed cost-effective integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. inside the television in an open platform capable of supporting popular TV services at a cost suitable for mainstream televisions. Through an executive and development team with broad industry experience from companies such as Sony, Western Digital, Cirrus Logic (company) Cirrus Logic - A manufacturer of integrated circuits including the Advanced RISC Machine and display interface processors and cards for use as Windows accelerators (requiring dedicated driver software). http://cirrus.com/. , Toshiba and Zenith, TeleCruz has developed a feature-rich, flexible and cost-effective platform based on the needs of television OEMs, ISPs, application service providers (ASPs) and consumers. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , TeleCruz has raised over $69 million in investments from Gemstar International, Institutional Venture Partners, Crosslink Capital, Fujigin Capital (Fuji Bank The Fuji Bank, Limited (株式会社富士銀行 ), Kavanaugh Media Funds, Oakmont Corp. and Sands Brothers. Visit TeleCruz on the World Wide Web at www.telecruz.com. About Trancast Transcast is a leading TV-based provider of co-branded Internet portals and Internet access services. The company was founded in 1999 by a group of experienced executives and developers from @Home, DirecTV, Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. , Philips, and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. to help businesses reach a new untapped market of millions of American homes For the American mortgage lender, see . The American Home is a center of intercultural exchange located in Vladimir, Russia. The home is designed to model a typical American suburban home and its main focus is the ESL school that provides lessons for Russian students. that have no Internet access by using a familiar platform for interactive marketing -- the television. Transcast's AffiniTV marketing solution helps businesses strengthen relationships with their existing customers, and gain access to a brand new market segment of over 60 million U.S. households that are not yet online. Transcast enables services so that they can focus on the core concerns of their company's Internet strategy. Transcast is privately held, and backed by investment from Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. , Paramount Studios, Zeron Group, Spyglass and Castlerock Entertainment. Additional information can be found at www.transcast.net. |
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