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GO-VIDEO(R) ANNOUNCES NEW PRODUCT INTRODUCTION

 GO-VIDEO(R) ANNOUNCES NEW PRODUCT INTRODUCTION
 SCOTTSDALE, Ariz., May 1 /PR Newswire/ -- GO-VIDEO, INC. (AMEX: VCR)


announces that the "Next Generation" of a dual-function TV/VCR remote control will be introduced to retailers at the Summer Consumer Electronics Show on May 28th in Chicago, Illinois. The "Palm Mate(TM)", GO-VIDEO'S unique Unified Wireless Remote can control the primary functions of most brands of TVs and VCRs on the market today, in addition to those of the Dual-Deck VCR.
 The simple ergonomic elliptic design allows a consumer to easily control the 8 most-used functions of their TV and VCR with just a few buttons. This pocket-sized remote is truly "user friendly and fun to use". Suggested retail price is expected to be $59.95 and is targeted as a mass market product.
 GO-VIDEO CONFIRMS SPRING FORECAST
 According to Bob Palko, President of GO-VIDEO, "Although this Spring quarter ending April 30th customarily represents one of the slowest sales periods in the consumer electronics industry and while the rest of the industry appears to be flat, we are experiencing significant revenue growth. In fact, preliminary results reflect a 50 percent increase in sales over the previous quarter ending January 31, 1992, and we expect to report a significant reduction in operating losses. We believe that this is the beginning of a trend and we are entering a higher level of demand for Dual-Deck VCRs that would lead to profitable operations should this trend continue."
 -0- 5/1/92
 /CONTACT: R. Terren Dunlap, CEO, Go-Video, Inc. 602-998-3400/
 (VCR) CO: Go-Video, Inc. ST: Arizona IN: CPR SU: PDT


DM -- LA011 -- 5468 05/01/92 12:23 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 1, 1992
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