1-Feb-00

Sonic And Matsushita Pursue Japanese Market

Sonic Solutions revealed an agreement with Matsushita Electric Industrial's (MEI) Corporate International Trade Division (CITD) in which the two companies will work together to forge OEM relationships with Japanese manufacturers in promoting DVDit!. As part of this agreement, CITD will act as Sonic's partner in identifying and closing OEM agreements for DVDit! in the Japanese market. ""Sonic DVDit! sets a new standard for easy access combined with extraordinary authoring power,"" said Etsushi Hamasaki, general manager of the Corporate International Trade Division at Matsushita. ""We believe DVDit!, along with other innovations such as recordable DVD-RAM, will usher in a new era in which a wide range of people will use the PC to handle video and audio as easily as they handle text today."" Building on its experience in the area of DVD and MPEG video, Matsushita will market Sonic DVDit! in conjunction with software MPEG Codecs, software DVD players and DVD-RAM based storage drives to companies in the PC industry. Matsushita has been one of the key facilitators of DVD as a universal optical format for both AV and PC, and believes that Sonic DVDit! will be a key driving force to bridge the fields of AV and computer technology.

Source: Sonic http://www.sonic.com