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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