HD VMD $199 Price-Point Drives Affordability into the HD Market
LAS VEGAS, Jan. 9 /PRNewswire-FirstCall/ -- New Medium Enterprises (NME)
(OTC Bulletin Board: NMEN) today at International CES 2008 announced HD VMD
players are shipping into the U.S. market. HD VMD is delivering maximum-HD
1080p high-quality players to consumers for a groundbreaking MSRP of $199 via
PCRush.com and NMEStore.com. All orders for HD VMD players in January will
come with two complementary titles, "Mother Ghost" starring James Franco and
cult hit "Cutting Room."
(Photo: http://www.newscom.com/cgi-bin/prnh/20080109/LAW078)
Shipping since December, HD VMD discs and players stand to revolutionize
the high-definition disc market, providing consumers with the best possible HD
experience. HD VMD's ground-breaking innovation is its patented multi-layer
disc, which allows for the utilization of proven red laser technology to
provide high definition, versus blue laser technology that competitors are
forced to use due to disc space limitations. With only one laser (red), HD
VMD players can upconvert existing DVD collections for better viewing quality,
as well as play true high definition content.
"We are excited to be delivering upon our promise to deliver high quality,
affordable high definition to consumers," said Alex Potter, director of U.S.
operations, NME. "We remain committed to delivering great HD products and
compelling content to the global consumer market."
NME also this week announced its worldwide distribution deal with SFM
Entertainment for the release of rare and classic film and TV titles never
before seen in HD on NME's disc format. NME HD VMD players are also currently
shipping to Australia and Europe.
HD VMD combines the best industrial opto-electronics and disc
technologies, bringing together established DVD red-laser production
infrastructure and break-through multilayer discs technology to deliver its
maximum-HD picture. HD VMD red laser multilayer disc plans include storage of
up to 30 GB of content on a single side disc.
NME is a U.S. publicly listed company headquartered in London with Offices
worldwide including Los Angeles.
About NME
New Medium Enterprises Inc. is listed on the OTC BB exchange in the U.S.
under the symbol NMEN. NME's HD VMD drives offer the world's first affordable
format in true High Definition based on current red laser technology and the
existing DVD industrial infrastructure. Incorporating break-through optical
storage capacity, red laser-based players, the HD VMD file format, copyright
encryption, authoring tools and compression technologies, NME is providing the
only high-quality and high-value offering for the consumer electronics market.
For additional information about NME, please visit: http://www.nmeinc.com
SAFE HARBOR
The 'Press Release' contains forward-looking statements as defined by the
federal securities laws which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may discuss our future expectations, contain
projections of our future results of operations or of our financial position,
or state other forward-looking information. However, there may be events in
the future that we are not able to accurately predict or control.
Forward-looking statements are only predictions that relate to future events
or our future performance and are subject to substantial known and unknown
risks, uncertainties, assumptions, and other factors that may cause actual
results, outcomes, levels of activity, performance, developments, or
achievements to be materially different from any future results, outcomes,
levels of activity, performance, developments, or achievements expressed,
anticipated, or implied by these forward-looking statements. As a result, we
cannot guarantee future results, outcomes, levels of activity, performance,
developments, or achievements, and there can be no assurance that our
expectations, intentions, anticipations, beliefs, or projections will result
or be achieved or accomplished. In summary, you should not place undue
reliance on any forward-looking statements.
Contact:
Molly Mulloy
Zeno Group for NME
(415) 465-0561
molly.mulloy@zenogroup.com
Nick Mendoza
Zeno Group for NME
+1(310) 566-3984
nick.mendoza@zenogroup.com
SOURCE New Medium Enterprises
Molly Mulloy, +1-415-465-0561, molly.mulloy@zenogroup.com, or Nick Mendoza,
+1-310-566-3984, nick.mendoza@zenogroup.com, both of Zeno Group for NME
