Pinnacle Systems Inc., (NASDAQ: PCLE) a leader in broadcast and consumer video solutions, introduced PC-HDTV. Combining the latest technology from Pinnacle Systems, TeraLogic, and Philips Semiconductor, PC-HDTV turns ordinary personal computers into high definition televisions. PC-HDTV lets viewers watch, record, and play back a HDTV program at full resolution, high definition on a PC monitor, at a fraction of the cost of standalone HD television sets. In addition, PC-HDTV allows broadcasters to datacast very high bandwidth digital content directly into the consumerís home. ""With over 120 stations in more than 40 markets broadcasting HDTV, PC-HDTV is the perfect product for technology enthusiasts who want to experience the theatre quality audio and video of HDTV in their home,"" said Bill Loesch, Vice President of the Consumer Group at Pinnacle Systems. ""PC-HDTV is capable of receiving all 18 HD standards allowed by the FCC, as well as standard definition TV. In addition, PC-HDTV even outputs standard NTSC so that conventional TV sets in the home can display HDTV programming,"" Loesch added. ""With PC-HDTV, reception in urban and outlying areas will be greatly improved,"" said Giri Venkat, Marketing Manager for Philips Semiconductors. ""By incorporating Philipsí second generation ATSC demodulation chipset, PC-HDTV will allow more people to experience the clarity and quality of HDTV even in areas where tall buildings or hills cause reflections of the signal."" ""TeraLogicís Janus HD decoder enables cost-effective implementation of true HDTV reception on a single PCI add-in card,"" said Raghu Rao, Director of Marketing at TeraLogic. ""Leveraging the advanced features of the Janus IC, PC-HDTV is able to decode and display all formats without any quality degradation when down sampling the image resolution."" ""PC-HDTV is a great option for low-cost early technology adopters who want to experience HDTV but without spending thousands of dollars - on a new HDTV set,"" said Jim Dunn, Vice President of Marketing and Sales at Pinnacle Systems. ""Now Pinnacle Systems offers a family of TV viewing products to enable users to experience everything from enhanced TV to high-definition TV on their PC for a few hundred dollars."" About PC-HDTV Pinnacle Systemsí PC-HDTV is scheduled to ship in the second quarter of 2000, and the product will be available through computer retail outlets and superstores, mail order and Internet retailers in the United States and Canada. The estimated suggested retail price is $399. PC-HDTV is compatible with computers running Windows 98 and having Pentium II Processor 300MHz or equivalent. About TeraLogic, Inc. Founded in 1996, TeraLogic, Inc. is a leading provider of solutions for broadband digital television video, audio and interactive data services. The company designs and develops integrated circuits, platforms and software for advanced TVs, set-top boxes and PC-TV convergence products. Using products powered by TeraLogic's technologies, consumers can enjoy crystal clear video and audio, Internet, electronic commerce, electronic program guides and interactive data services enabled by the emerging broadband digital television networks. More information about TeraLogic may be obtained by visiting the company's Web site at www.teralogic-inc.com. About Philips Royal Philips Electronics of the Netherlands is one of the worldís biggest electronics companies and Europeís largest, with sales of $33.5 billion (EUR 31.5 billion) in 1999. It is a global leader in color television sets, lighting, electric shavers, color picture tubes for televisions and monitors and one-chip TV products. Its 226,900 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, medical systems, and IT services (Origin). Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. About Pinnacle Systems Pinnacle Systemsí broadcast, desktop, and consumer products provide video professionals and consumers cutting-edge digital video tools to create, store, distribute and view web enabled digital video easier and more affordable than ever before. Pinnacle Systems may be reached on the World Wide Web at www.pinnaclesys.com.
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