DVS Products Impress Attendees at Trade Show Called 'The Birthplace of New
Technology'
PALO ALTO, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Digital Video
Systems, Inc., or DVS, (Nasdaq: DVID), today announced that its latest
innovations in DVD technology for automotive original equipment and
accessories markets received a warm reception at the giant International
Consumer Electronics Show 2005 (CES) in Las Vegas, January 6-9.
"This year's International CES Show proved to be a prime venue for us to
demonstrate the superior features and performance of our automotive DVD
products," commented DVS Chairman and CEO Thomas A. Spanier. "Mobile
electronics is becoming a primary entertainment platform and enhancing the
automotive experience for growing numbers of consumers worldwide, and the CES
International attendees we spoke with were impressed by our engineering team's
ability to quickly, efficiently integrate video, audio media and radio into a
range of rugged, versatile and feature-rich products."
Some of the advanced features of the DVS line of automotive DVD units,
depending on the model, include flexible mounting at any angle, superior shock
resistance and patented error correction, multiple media capability (8 cm as
well as the standard 12 cm discs), ability to read the full range of DVD, CD,
and MP3 formats, slot-in loading, and support for several types of
input/output connections.
VXM-3000
Among the exciting DVS products spotlighted at the Company's CES booth
this year was the portable, versatile VXM-3000. Shipments of the VXM-3000 to a
Tier One automotive accessories industry leader began in July 2004.
In vehicles, the VXM-3000 can be locked into a roof-mounted docking
station for power and to connect to the vehicle's sound system. Families with
more than one vehicle can install docking stations in each car and easily move
the player from one vehicle to another. The VXM-3000 also runs on battery
power, and can serve as the centerpiece of a multimedia home entertainment
system.
Along with the VXM-3000, other DVS products spotlighted at CES included:
VXM 3200
This forward-looking model has DivX capabilities, plays DVD, CD and MP3
files and features a vibrant 7" TFT LCD display, one AV-in and two AV-out
ports and an optional TV tuner. DivX is a popular format, based on the MPEG-4
compression standard for video. It allows the user to compress the contents of
a VHS tape or a DVD onto a single CD, and is widely used for file sharing over
the Internet.
VXM-2000 family of portable DVD players
The multi-use DVD model VXM-2200 features a super-slim silhouette due to
its slot-in type loader, and can be installed in either vertical or horizontal
mountings in a car interior or as a freestanding DVD player at home. This
product family includes the VXM-2000, VXM-2100, VXM-2200 and VXM-2300 models,
which offer customers a range of cost effective models.
VXD 2000 series of in-dash automotive DVD/CD/MP3/AM/FM receivers
The VXD 2000 and VXD-2100 in-dash car DVD/CD/MP3/AM/FM receivers combine
the features of a car DVD player and a full-function AM/FM radio with a 190W
power built-in amplifier, offering customers rich 5.1 channel full audio
sound.
VXA-1000 in-dash system (prototype)
The VXA-1000 in-dash system combines touch screen communications,
internet, navigation, video and audio entertainment and vehicle system
monitoring, offering customers the advanced features of next-generation,
integrated technology.
"In the single year since the International CES 2004, DVS has made
significant progress toward worldwide technology leadership in automotive
technology," stated DVS America's Sales & Marketing Division President Shaun
Kang. "Our advanced Servo, F/W and mechanical engineering technologies, ISO/TS
16949 quality assurance and prompt response to customer demands have provided
us a strong foundation to build business with Tier 1 automotive industry
accounts."
About CEA and CES
The International CES is sponsored and managed by the Consumer Electronics
Association (CEA), the preeminent trade association promoting growth in the
consumer technology industry through technology policy, events, research,
promotion and the fostering of business and strategic relationships. CEA
represents more than 1,700 corporate members involved in the design,
development, manufacturing, distribution and integration of audio, video,
mobile electronics, wireless and landline communications, information
technology, home networking, multimedia and accessory products, as well as
related services that are sold through consumer channels. Combined, CEA's
members account for more than $100 billion in annual sales.
About Digital Video Systems, Inc.
Established in 1992, DVS is a publicly held company specializing in the
development and application of digital video technologies enabling the
convergence of data, digital audio, digital video and high-end graphics. DVS
is headquartered in Palo Alto, California, with subsidiaries and manufacturing
facilities in South Korea and China and a subsidiary in India. Additional
information may be obtained at http://www.dvsystems.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: Any statements made in this release that are not historical facts
contain forward-looking information that involves risks and uncertainties.
These forward-looking statements include, but are not limited to, statements
regarding the strategic direction of DVS and DVS Korea, DVS's new products,
sales and marketing initiatives, product quality and features, research and
development efforts, expected margins, profitability and its market position.
Important factors that may cause actual results to differ include, but are not
limited to, the timely availability of components, sufficiency of working
capital, the impact of competitive products and services, the company's
ability to manage growth and acquisitions of technology or businesses, the
effect of economic and business conditions, and other risks detailed from time
to time in the company's filings with the Securities and Exchange Commission.
Digital Video Systems, Inc. assumes no obligation to update these
forward-looking statements, and does not intend to do so.
For further information please contact Larissa Licea, Digital Video
Systems, Inc., +1-650-322-8108, ext. 106 or Sean Collins of CCG,
+1-818-789-0100, for Digital Video Systems, Inc.
SOURCE Digital Video Systems, Inc.
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Related links:
http://www.dvsystems.com
CONTACT:
Larissa Licea of Digital Video Systems, Inc.,
+1-650-322-8108, ext. 106; or Sean Collins of CCG,
+1-818-789-0100, for Digital Video Systems, Inc.
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