RAVISENT Announces Licensing Agreement With Iomega

RAVISENT's CineMasterô Platform Powers Iomega Corporation's DVD-ROM Product - Extends RAVISENT's Penetration In DVD-ROM Marketplace

24-Aug-00

RAVISENT Technologies Inc. (NASDAQ: RVST) announced that it has signed a licensing agreement with Iomega Corporation (NYSE: IOM), a global leader in data management solutions. Under the terms of the agreement, Iomega is including RAVISENT's Software CineMasterô DVD playback solution with the new Iomega internal 6x4x24x4x ZipCDô ATAPI Optical CD-RW/DVD Reader Combination Drive.Adding to its extremely popular storage solutions, Iomega's new internal ZipCDô ATAPI Optical CD-RW/DVD Reader will be offered to customers who want to upgrade their computers. The CD-RW/DVD drive is versatile and consumer friendly. ""This single drive can replace a CD-ROM, CD-RW, and DVD drive, allowing customers to write or rewrite most CD formats and easily read DVD titles,"" said Michael Johnson, Product General Manager, Optical Products, Iomega Corporation.RAVISENT's CineMaster represents a major leap forward in DVD playback on a PC. The software combines the highest quality DVD playback experience available in a software-only solution with an extensible application framework. Software CineMaster is noticeably superior to other software DVD products, showing full frame rate video with no frame drops in amazing clarity and detail.""RAVISENT continues to license its CineMaster technology to leading manufacturers such as Iomega, forging a leadership position in the digital video space,"" said Mike Harris, co-founder and Chief Technology Officer of RAVISENT. ""RAVISENT is well-positioned to be a major provider of affordable digital video solutions enabling PC manufacturers, CE manufacturers and ISPs to deliver the future of interactive entertainment today.""""RAVISENT digital video platform's low-cost, easy-to-use features enable Iomega to offer its customers a superior product at an extremely reasonable price point,"" said Johnson. ""Our selection of RAVISENT as a partner was based on its experience, expertise and ability to deliver flexible, easy-to-use digital video solutions.""About IomegaÆ CD-RW DrivesIomega entered the realm of optical technology in August 1999 with the introduction of the PC-compatible internal 4x4x24x ZipCD ATAPI drive. In December 1999, Iomega continued its push into the optical market with the successful introduction of its uniquely designed PC-compatible external ZipCD USB drive. Iomega added MacintoshÆ software drivers and support for this drive in March 2000. Iomega also added an 8x4x32x ZipCD ATAPI drive to its optical line on May 15, 2000 and the 12x4x32x ZipCD with Burn Proofô technology on June 5, 2000.About IomegaIomega Corporation (NYSE:IOM) manufactures and markets the award-winning ZipÆ, JazÆ and Clik!ô drives and disks and markets the Iomega ZipCD CD-RW drives and discs. Iomega's products help people to save, share, manage and create important information such as spreadsheets, slides, Internet downloads, audio files and personal photographs, while helping protect that content from viruses and hackers. Used in homes, businesses, government and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The company can be reached at 800 MY STUFF (800 697 8833), or on the Web at www.iomega.com. About RAVISENT Technologies Inc.RAVISENT provides digital video, audio and digital video technology to industry leading PC, consumer electronic and digital video OEMs, empowering them to deliver highly competitive, cost-effective products with a strong time-to-market advantage. RAVISENT software and intellectual property is contained in products from Compaq, Dell Computer, Gateway, Hewlett-Packard, Iomega, Micron, Fujitsu, Quantex, Sony, Tottori-Sanyo, Vestel, Yamaha, ATI Technologies, C-Cube, ST Microelectronics, Telecom Italia, Formenti and IPM. Founded in 1994, RAVISENT is a global company, headquartered in Malvern, Pennsylvania, with offices in Silicon Valley, Seattle, Germany and Japan.

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