Vestel, Exatel To Manufacture TV Recorder

10-Apr-00

Vestel, a major Consumer Electronics manufacturer and distributor in Europe and Exatel Visual Systems, a provider of digital video solutions announced that they will co-develop a TV Recorder, to be built into Vestel's high-end TV sets.The TV Recorder will extend the current TV features to include Pause/Resume - for time shifted program watching, Record - for program recording while watching another program, Playback and Fast Forward - for prerecorded program playback, and Instant Replay, Slow Motion and Freeze operationsThe module enables up to four hours of high-quality recording and about 30 seconds of instant replay. All features are operated using the TV remote control and OSD. The solution utilizes VisionTech's Kfir MPEG-2 encoder chip. Tommy Orpaz VisionTech's Executive Marketing and Sales Manager says, ""Stand-alone recording modules designed to be an integral part of a television set will revolutionize the digital video recording market."" The TV Recorder will be integrated into Vestel's TVs during the third quarter of 2000 and will reach the market in time for the Christmas season.About Vestel Vestel is a major consumer electronics company from Turkey. Vestel manufactures conventional TV sets, digital processing TV sets, digital TV and information appliances. Vestel has a major market share in Europe and development centers in Mountains View, California, Taiwan and Israel.About Exatel Exatel is a privately held company with operating offices in Boston, Massachusetts and Rehovot, Israel. Exatel provides high quality digital video and audio solutions for the broadcasting, recording and networking applications.