DIGITAL VIDEO SYSTEMS HOSTS DVD FORUM
AT INTERACTIVE DIGITAL MEDIA ASSOCIATION
LOS GATOS, Calif., October 15, 1998-Digital Video Systems, Inc. (Nasdaq:DVID)
is hosting a Digital Versatile Disc (DVD) forum during the third annual
Interactive Digital Media Association (IDMA) Summit meeting October 23 - 25 in
Orlando, FL. The Forum, a four hour Special Session on the first day of the
conference, will feature many experts from companies including; Intec America
Marketing, Spruce, Multimedia Technology Center, Sonic, LSI, Cinram and DVS.
The presentations will be focused on the state of the art storage technology
DVD and it's applications in multimedia.
"DVS is in our opinion one of the strongest companies to consider the
professional user of
Television Based Multimedia in the design of their DVD products " said Paul
Holmes, IDMA Executive Director and organizer of the IDMA Summit Meeting.
"The IDMA Summit Meeting is the once a year opportunity that our members have
meet and discuss the future of our industry, so it is very important that we
have the right people involved. "
"We are very pleased to support the IDMA, a very special group of Professional
Multimedia Developers." Said Pamela Livingston, Corporate Manager of Video
Engines at DVS. They know what the market demands from Interactive DVD and I
am sure everyone will learn a great deal about what the future holds for this
Digital Video Systems is a technology company specializing in the development
and application of Digital Versatile Disc and related technologies. The
Company develops, manufacturers, and markets DVD-ROM drives, DVD players
including subassemblies and components, Video on Demand Network products, CD
based Video Engine products, and MPEG encoding and authoring products for the
consumer products, commercial video and computer peripherals markets. Also
under development are the DVD Intelligent Loader and the DVD Video Engine.
Established in 1992, DVS is a publicly held company headquartered in Los
Gatos, with a branch office in Taipei, and subsidiaries in Hong Kong, Bermuda,
South Korea and Panyu Municipality, Guangdong Province, China. DVS is a
trademark of Digital Video Systems, Inc.
This release contains forward-looking statements within the meaning of the
``safe harbor'' provisions of the private Securities Litigation Reform Act of
1995 that involve various risks and uncertainties, including, without
limitation, statements with respect to DVS's strategy, proposed sales of DVS's
products, markets, and the development of DVS's products. DVS's actual results
may differ materially from those described in those forward-looking statements
due to a number of factors, including, but not limited to, risks of
competition and the enforceability of DVS' patents and other intellectual
property rights, risks relating to the development and market acceptance of
DVS' products, and risks relating to the planned rapid growth of the DVS'
business and the conduct of business by DVS in foreign countries, which
factors and others described in documents that DVS files from time to time
with the Securities and Exchange Commission, including its Current Report on
Form 8-K dated Jan. 7, 1997. For more information on DVS' products, call
1-800/446-8823 or visit: www.dvsystems.com.
Digital Video System, Inc.
Mark Smotroff/Alisa Arnett
800/393-7737 ext. 270, ext. 229