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DIGITAL AUDIO DISC CORPORATION CELEBRATES PRODUCTION OF 50 MILLIONTH CD-ROM DISC; MILESTONE IN DIGITAL OPTICAL MEDIA PRODUCTION

 TERRE HAUTE, Ind., Dec. 2 /PRNewswire/ -- Digital Audio Disc Corporation (DADC), the leading Compact Disc (CD) and digital media manufacturing facility in the world, celebrated the production of its 50 millionth CD-ROM disc during a special ceremony here today.
 "As the Compact Disc in the '80s revolutionized the way we listen to music, another digital medium, CD-ROM, is bringing interactive excitement to the information, education and entertainment industries worldwide," said Michael P. Schulhof, president and CEO, Sony Corporation of America. "Traditional forms of information are being reinterpreted and recast for use in interactive and new media today. "CD-ROM, MiniDisc, MD-Data and new generations of digital media products and services will, in the coming years, transform existing markets," he added.
 The event was hosted by James M. Frische, chairman and CEO, DADC, and Olaf Olafsson, President, Sony Electronic Publishing Company.
 "We are delighted to celebrate this milestone in digital media manufacturing -- the production of the 50 millionth CD-ROM disc at DADC," Mr. Frische said. "DADC was the first CD manufacturing plant in the U.S., and we have expanded to five times our original size as Sony has developed and introduced new forms of digital software. Today, we are proud to be the leading manufacturer of every form of digital media -- CD, CD-ROM, MD and Laser disc. We see our production lines continuing to expand, particularly with CD-ROM and MD."
 The CD-ROM market, according to Mr. Olafsson, has grown dramatically in the last two years and, he believes, will continue this growth through the end of the decade.
 "The international multimedia market has virtually exploded in the past two years as CD-ROM -- with its enormous capacity for information, presentation and creativity -- has become widely accepted," Mr. Olafsson said. "Five years ago, there were only 200 CD-ROM titles available. Today, there are more than 3,700, and forecasts have predicted a total of 6,000 titles by the end of 1994.
 "While the number of CD-ROM titles has grown, CD-ROM drives have become a de facto standard in today's newest generation of computers and will soon become the standard in the next generation of video game machines," Mr. Olafsson continued. "This development will help fuel further sales of CD-ROM titles across the information, education and entertainment marketplaces."
 In the "electronic library of the future," he noted, books will sit side by side with CD-ROM discs. Sound, images and supplemental text will open a new way to experience classic books or historical events.
 A student researching the Battle of Gettysburg, for example, on a CD-ROM version of an encyclopedia might be able to cross-reference factual data on the event with a reading of the "Gettysburg Address," music from that era and a copy of the front page of the New York Times from July 5, 1863.
 World's Leading Digital Media Manufacturer
 DADC has played a major role in the growth of CD-ROM and digital technology since it opened as the first U.S. CD manufacturing facility in 1984. Over the past 10 years, DADC has offered state-of-the-art production capabilities to support the introduction of new digital formats, including CD, CD-ROM, Laser disc and MD.
 CD-ROM production at DADC began in May 1986, when the format was in its infancy. Since then, CD-ROM production has grown by at least 120% annually and has increased by more than 160% in each of the last two years.
 Today, DADC supplies digital Compact Disc, MiniDisc, Laser disc and CD-ROM custom manufacturing services to record companies, motion picture studios, independent video producers, businesses, government agencies, schools, libraries and other software producers. DADC employs more than 1,200 people.
 Current manufacturing capacity is 14.6 million CDs per month, and DADC has produced approximately 1/2 billion CDs. MD production is housed in a new $40 million, 100,000 square foot addition to the existing 400,000 square foot facility. Current MD capacity is 500,000 MDs monthly.
 -0- 12/2/93
 /CONTACT: Sue Satriano of Sony Corporation of America, 212-418-9523/


CO: Digital Audio Disc Corporation; Sony Corporation of America ST: Indiana IN: CPR SU:

WB-TW -- NY085 -- 9884 12/02/93 14:22 EST
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Publication:PR Newswire
Date:Dec 2, 1993
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