TV Guide Coverage of NME Inc. and Its HD VMD Format
November 09 2007 - 7:00AM
PR Newswire (US)
LOS ANGELES, Nov. 9 /PRNewswire-FirstCall/ -- New Medium
Enterprises(NME) (OTC:NMEN) (BULLETIN BOARD: NMEN) , provider of
the affordable, high-quality HD VMD disc solution, gained the
attention of mainstream industry media pundits this past Wednesday.
TV Guide's Community online feature included a focused conversation
with NME Chairman Michael Jay Solomon and its Director of U.S.
Operations, Alexandros Potter, answering some of the questions for
USA and Canadian consumers. TV Guide's story by 'DVD Guy' writer
Dave Lambert, and Gord Lacey(founder of TV Shows On DVD),
highlights NME's breakthrough success with an informative piece
covering both its electronics and entertainment divisions.
Interviewers posed the question of whether NME are expecting HD VMD
to co-exist with Blu-ray and HD DVD, or actually compete
head-to-head in the high definition game. NME responded, "We're
looking at a global market; we want to be a global player, and
we're for the mass. Just like DVD, we cater to the mass-market
because of manufacturability, as well as from pricing." NME also
added, "We have the same price across the board everywhere in the
world. This is an affordable solution for people who are going out
to buy their new high definition television." Talking about the
economic potential of the HD VMD system, Lambert commented, "NME
points out that Blu-ray and HD DVD system prices started out
hundreds of dollars higher than they are right now, where VMD
models started life at an under $200 consumer cost, and will go
down from there." Lambert added, "If the studios agree with this
logic, then they should be able to ramp up on any given VMD release
faster than implementing a blue-laser technology disc for the same
film." Alexandros Potter of NME spoke on the versatility of the
company's new ML777 and ML622 players as he explains, "This is an
HD player for less than $200 that gives the option to
upconvert(upscale) in the highest quality possible. We're talking
about native upconversion, since we're using the red laser
technology ... " The arrival of NME's much anticipated range of
Hi-Def products into the consumer market this month has already
triggered a new shockwave in the already heated competition for the
new high definition format. NME's HD VMD Multilayer Players and
Bundle Box products are being sold initially through the
http://www.amazon.com/ marketplace and on its own E-Commerce site
to be officially launched in the next two weeks. The original TV
Guide source article can be seen online at:
http://community.tvguide.com/blog-entry/Dvd-Guy/Hd-Vmd-Indepth/800026706
What you should know about HD VMD HD VMD (Versatile Multilayer
Disc) is NME's proprietary true HD disc format based upon
established red laser technology enabling seamless and
cost-effective manufacturing solutions for HD products based on the
existing DVD industrial infrastructure. HD VMD provides access to
HD at a cost comparable to DVD, posing a serious challenge to
Blu-ray and HD-DVD. Technology features: 1080p - HD VMD disc has a
capacity to playback a full three hours of true 1080p High
Definition material on a single side. 2p process - NME's patented
2p process succeeded in solving the technological problems which
limited DVDs to two information layers. The superior bit transfer
rate and faultless encoding software of the HD VMD format provides
unequalled smooth delivery for the ultimate in picture quality and
sound. Disc Capacity - Multilayering is now possible with HD VMD's
commercial solution with up to 20GB storage capacity for a single
sided disc, HD VMD also has industrial capability for 25, 30 and
40GB using NME's 2p process method. To find out more about HD VMD
go to http://www.hdvmdnews.com/ About NME The New Medium Enterprise
HD VMD format and players offer the first low- cost and True High
Definition playback solution by utilizing current red laser
technology and existing DVD industrial infrastructure.
Incorporating break- through optical storage technology, a red
laser-based HD file format, encryption technology, authoring tools
and compression technologies, NME is providing the only
high-quality and high-value offering for the discerning consumer
electronics market. New Medium Enterprises, Inc. is listed on the
OTC exchange in the U.S. under the symbol NMEN. For additional
information about NME, please visit http://www.nmeinc.com/ SAFE
HARBOR The 'Press Release' contains forward-looking statements as
defined by the federal securities laws which are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may discuss our
future expectations, contain projections of our future results of
operations or of our financial position, or state other
forward-looking information. However, there may be events in the
future that we are not able to accurately predict or control.
Forward-looking statements are only predictions that relate to
future events or our future performance and are subject to
substantial known and unknown risks, uncertainties, assumptions,
and other factors that may cause actual results, outcomes, levels
of activity, performance, developments, or achievements to be
materially different from any future results, outcomes, levels of
activity, performance, developments, or achievements expressed,
anticipated, or implied by these forward-looking statements. As a
result, we cannot guarantee future results, outcomes, levels of
activity, performance, developments, or achievements, and there can
be no assurance that our expectations, intentions, anticipations,
beliefs, or projections will result or be achieved or accomplished.
In summary, you should not place undue reliance on any
forward-looking statements. NME Inc USA Office: Yelena Popovic
Executive VP US Operations 8721 Sunset Blvd, Suite P8 West
Hollywood, CA 90069 Tel: +1 310 967 3084 Email: NME Inc Global
Office: Patrick Henningsen Director of Communications VMD House 195
The Vale London, UK W3 7QS Tel: +44208749 9955 Email: DATASOURCE:
New Medium Enterprises CONTACT: Yelena Popovic, Executive VP US
Operations, +1-310-967-3084, , or Patrick Henningsen, Director of
Communications, +44208749 9955, , both of New Medium Enterprises
Web site: http://www.nmeinc.com/ http://www.hdvmdnews.com/
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