ESS Technology Named Fastest Growing Supplier Of DVD Chipsets

ESS Achieves Exceptional DVD Market Share Gain In Third Quarter

30-Oct-00

ESS Technology, Inc. (NASDAQ: ESST), a leader in digital multimedia and communications solutions, announced that IDC Research, a highly respected market research firm, has confirmed that ESS Technology has become one of the world's leading DVD chipset suppliers. Mr. Xavier Pucel, Semiconductor Research Manager at IDC, stated, ""Based on ESS Technology's third quarter DVD results and our own research, we believe that ESS Technology is the fastest-growing DVD chipset supplier worldwide. ESS Technology's shipments in Q3 2000 rival other leading vendors. ESS Technology entered the DVD market in September 1999, and shipped an estimated 1.5 million chipsets during its latest quarter. In terms of growth, these results show ESS Technology's strong momentum."" Mr. Pucel continued, ""We estimate that the worldwide demand for DVD players and the chipsets that run them will grow from the 1999 level of 8 million devices to 28 million devices in 2001, not including DVDs shipped in game consoles.""Robert Blair, President and CEO of ESS Technology added, ""ESS Technology is extremely proud of our achievements in the DVD marketplace and of the confirmation of our strong market position by IDC Research. During our earnings conference call last week, I stated that we were the fastest growing supplier of DVD chipsets and were the world's leading supplier of digital video chipsets for players."" Mr. Blair continued, ""Manufacturers throughout Asia purchase our DVD chipsets for use in DVD players exported to both the U.S. and Europe. ESS Technology has become a worldwide DVD market leader by providing our customers with state-of-the-art products and outstanding support at competitive prices. ESS Technology's record third quarter performance, announced on October 18, 2000, was fueled by this exceptional market-share growth.""Mr. Blair concluded, ""All of us at ESS Technology are dedicated to retaining the number one position in the digital video player market, and ensuring that our DVD market share will continue to grow.""For more information about ESS Technology, visit www.esstech.com.

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