SnapStream Media Joins DVD+RW Alliance
PC software company to incorporate rewritable DVD technology into personal video recording and streaming products
October 1, 2001 (HOUSTON) - SnapStream Media, a developer of consumer entertainment software for desktop and portable PCs, announced today that it has become an official member of the DVD+RW (Digital Versatile Disk plus ReWritable) Alliance, a group of companies committed to the
benefits of the DVD+RW format.
SnapStream’s PVS software allows consumers to turn their PCs into personal video recorders with the enhanced functionality of being able to watch digitally-recorded television programs using PCs, home networks, LANs or Pocket PC PDAs.
“There is growing demand among consumers for adding DVD+RW technology to personal video recorder software such as SnapStream,” said Rakesh Agrawal, CEO and co-founder, SnapStream Media. “By integrating DVD+RW technology into our consumer video recording product, SnapStream PVS,
we can offer our customers the ability to burn their favorite TV shows to rewritable DVDs where they can be played in DVD players and DVD-ROM drives or kept for future enjoyment.”
"With DVD+RW products for both PC and consumer recording now becoming available, we see new possibilities and applications in DVD recording emerging for the consumer," said Frans C. Bos, steering committee chairman of the DVD+RW Alliance. “Snapsteam's application, used in
conjunction with DVD+RW technology, brings true convergence to the consumer and helps them create their own compatible DVDs.”
By joining the Alliance, SnapStream plans to market, develop and produce DVD+RW products in the 2001-2002 time frame and lend its name and logo to promotional materials related to the new recording format.
About DVD+RW
The DVD+RW format is capable of recording up to 4.7 gigabytes of digital video, images or data. This equates to roughly the storage capacity of seven CD-R/RWs and the potential to store thousands of digital photographs or approximately two hours of digital video. According to the DVD+RW
Alliance, the primary benefit of DVD+RW is its two-way compatibility, meaning that DVD+RW media can be played in the majority of DVD-Video players and DVD-ROM drives in use today. In addition, the DVD+RW format supports write once DVD+R capability. To date, more than 40 companies support the DVD+RW
format.
About The DVD+RW Alliance
Hewlett-Packard Company (NYSE: HWP), MCC/Verbatim, Philips Electronics (NYSE: PHG), Ricoh Company Ltd., Sony Corporation and Yamaha Corporation, the developers, promoters and leaders in CD-R and CD-RW technology, are developing the next generation of optical storage technology with the DVD+RW
format. The companies promote the universally compatible, rewritable DVD format that enables true convergence between personal computing and consumer electronics products. DVD+RW discs written on a DVD+RW recorder can be read and played on the vast majority of existing and future DVD-Video players
and DVD-ROM drives. Dell Computer Corporation and Thomson Multimedia (NYSE: TMS), manufacturer of RCA entertainment products, recently joined the companies to actively support and promote DVD+RW. More than 40 additional companies have formally pledged support for DVD+R and DVD+RW technology.
Further details about the DVD+RW Alliance and supporting companies can be found at www.dvdrw.com
About SnapStream Media, Inc.
SnapStream Media, Inc. is a leading developer of digital entertainment products based in Houston, Texas. SnapStream's vision is to create high-quality consumer entertainment experiences that leverage PC technology. The company's personal video recording (PVR) software, Beyond TV™
was called "dazzlingly cool" by the Los Angeles Times, referred to as "an idea whose time has come" by the Associated Press and declared "better than TiVo" by Maximum PC. Interested parties can find more information about SnapStream Media and its products at www.snapstream.com.
Contact Information
Christina Lee
Phone: 713-644-6240, x28
Fax: 713-644-3215
Email: pr@snapstream.com
Website: www.snapstream.com
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