US Distributor Places Order for 10,000 of NME's HD VMD Multilayer Players
My news for Investors
LOS ANGELES, Nov. 28 /PRNewswire-FirstCall/ -- New Medium Enterprises,
Inc. (NME) (OTC Bulletin Board: NMEN), provider of the affordable,
high-quality HD VMD (Versatile Multilayer Disc) format, announced today
that leading US electronics distributor PC Rush has placed its order for
10,000 Multilayer Players. Starting from December, PC Rush will be selling
NME's 1080p HD VMD Multilayer Players through their E-commerce site, and
will distribute to retail outlets in the United States through associate
company Distenex. Additionally, the order will complement HD VMD film
content currently available in the US.
(Photo: http://www.newscom.com/cgi-bin/prnh/20071128/LAW098)
Fred Bokhoor, PC Rush CEO states, "We are very excited about stocking
this unique product, one which we feel can make High Definition accessible
to a whole new segment of the home entertainment market."
Alexandros Potter, Head of US Operations adds, "PCRush.com will make
strong internet sales here in the USA for HD VMD products thanks to its
high traffic E-commerce site and its dedicated sales force. In addition,
distribution of our products to brick and mortar outlets will be carried
out by Distenex, a sister company of PCRush.com."
About NME:
New Medium Enterprises Inc. is listed on the OTC BB exchange in the
U.S. under the symbol NMEN. NME's HD VMD drives offer the world's first
affordable format in true High Definition based on current red laser
technology and the existing DVD industrial infrastructure. Incorporating
break-through optical storage capacity, red laser-based players, the HD VMD
file format, copyright encryption, authoring tools and compression
technologies, NME is providing the only high-quality and high-value
offering for the consumer electronics market. For additional information
about NME, please visit: http://www.nmeinc.com
What you should know about HD VMD:
HD VMD (Versatile Multilayer Disc) is NME's proprietary high definition
disc format based on established red laser technology. NME are also the
developers of the world's first ever commercial multilayer disc format. HD
VMD's seamless and cost-effective manufacturing solutions for High
Definition products are based on the existing DVD production and industrial
infrastructure. HD VMD prices and costs are very close to DVD's and bring a
quality that rivals both Blu-ray and HD-DVD.
HD VMD is a full HD format with 1920 x 1080i/p resolution, up to 40
Mbps bit rate playback, DVD up-scaling so users can watch their existing
DVD collection and achieve premium picture quality through their HD TVs.
The HD VMD player is suitable for playback on all HD-capable displays and
will support existing optical disc formats: CD, DVD. HD VMD players also
feature Advanced Encryption Standard (AES) and all region codes for greater
film viewing flexibility.
HD VMD is currently being adopted by content providers and distributors
in more than a dozen countries worldwide, including Australia, Denmark,
Finland, France, Iceland, India, New Zealand, Norway, Poland, Sweden, the
United Kingdom and the United States.
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.
SOURCE New Medium Enterprises, Inc.
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