LAS VEGAS – Consumer Electronics Show – Jan. 7, 2003 – ADS Technologies, a leader in consumer video editing solutions, has selected audio and video chips from Cirrus Logic Inc. (Nasdaq: CRUS) as the heart of its new DVD Express video editing product. DVD Express, which is expected to be available in North America and European retail outlets such as Fry’s Electronics, Circuit City, CompUSA, Dixon's, Tiger Direct, Dell.com and FutureShop, carries an anticipated retail cost of $99.
With ADS Tech's DVD Express product, users can easily import videos from any analog source such as VHS tapes or camcorders and then transfer them to a PC. The captured video can be edited on the PC, then authored and burned to a CD or DVD recordable disc for playback on most PCs and DVD players. DVD Express features Cirrus’ CS92199 MPEG audio/video encoder as well as the CS5340 analog-to-digital audio converter.
"By incorporating Cirrus' streamlined chipset design, we have been able to reduce the number of hardware components, which in turn reduces system and software complexity," said Mike McCoy, ADS president. "The end result is an affordable product that puts users at the forefront of video editing."
“ADS Tech is a market leader for PC-based digital video editing products,” said Randy Roscoe, director of Marketing for DVD Player Platforms, Cirrus Logic. “Cirrus has captured a large portion of the silicon and software content in this market through the strength of our digital video encoding technologies and leadership analog converters. This market continues to grow as consumers seek an easy, affordable solution to transfer their old analog archives into to the digital format.”
Cirrus Logic Inc.
Cirrus Logic is a premier supplier of high-performance analog, mixed-signal and digital processing solutions for consumer entertainment electronics, automotive entertainment and industrial product applications. Building on its global market leadership in audio ICs and its rich mixed-signal patent portfolio, Cirrus Logic targets audio, video and precision mixed-signal applications in these growing markets. The company operates from headquarters in Austin, Texas, with offices in California, Colorado, Europe, Japan and Asia.
ADS Technologies Inc.
ADS Technologies is a world leader in Universal Serial Bus and IEEE-1394/FireWire solutions. Since 1992, the company has introduced high-quality multimedia, networking and presentation products at consumer-friendly prices. The company’s award-winning USB product line includes eleven complementary peripherals and its USB Port for Desktops is the world’s best-selling USB PCI host card. PYRO 1394DV, the first consumer-priced digital video editing solution on the PC market, has been widely adopted by owners of digital video camcorders for its ease-of-use for first time DV editors, its functionality and its low cost. For more information, please visit www.ADStech.com or contact phone: (800) 888-5244.
Safe Harbor Provision
Except for historical information contained herein, the matters set forth in this news release, including our expectations of the growth of the PC-based digital video editing products market, are forward-looking statements. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from management's current expectations and the forward-looking statements made in this press release. These risks and uncertainties include, but are not limited to, the following: overall conditions in the semiconductor market; the expansion of the PC-based digital video editing products market; hardware or software deficiencies in Cirrus' audio and video chips; a shortage of manufacturing capacity; and the risk factors listed in our Form 10-K for the year ended March 29, 2003, and in other filings with the Securities and Exchange Commission. The foregoing information concerning our expectations represents our outlook as of the date of this news release, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise.
Cirrus Logic and Cirrus are trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders.
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Bill Schnell Manager Public Relations (512) 851-4084 |