Press ReleaseVITEC Multimedia Announces Acquisition of Focus Enhancements Systems GroupVITEC adds industry-leading video acquisition and management products to its lineup Atlanta, GA.–July, 2010—VITEC Multimedia—a worldwide leader in advanced digital video solutions—announced the purchase of the Focus Enhancements’ Systems Group. With this purchase, VITEC now adds industry-leading video acquisition and management products to its lineup, including FS Portable DTE Recorders, ProxSys Media Asset Management solutions, media converters, and OEM-ready media hardware and software. Now, customers can depend on VITEC throughout the entire video production process including acquisition, conversion, image processing, MPEG compression, recording, media asset management, streaming, decoding and delivery.“The acquisition of Focus’ Systems Group, including its product lines, brand, and key employees, further positions VITEC Multimedia as a worldwide leader in advanced digital video solutions,” said Philippe Wetzel, CEO of VITEC Multimedia. “In combination with our recent acquisition of Optibase, this acquisition furthers our objective to provide a complete line of advanced digital video solutions to our customers around the globe. With innovation at its core, the VITEC R&D division—now with more than 100 esteemed engineers—is uniquely positioned to deliver innovative solutions for a wide range of advanced digital video applications—managing the entire video process from source to display.” “Focus has partnered with VITEC Multimedia in the past, and given our successful history, we concluded that sale of Focus’ Systems Group to VITEC was the right decision,” commented Brett Moyer, president and CEO of Focus Enhancements. “As a market leader in digital video and audio solutions, we wanted to be sure that current Focus Enhancements video customers and partners would be well taken care of, while Focus’ Semiconductor Group continues to develop solutions for the wireless audio distribution and the TV-out video encoder markets.” About VITEC MultimediaVITEC specializes in the development and industrialization of advanced digital video solutions in the MPEG field for OEMs and integrators. Since 1988, VITEC Multimedia has been devoted to the development of MPEG encoding and decoding solutions and the creation of innovative concepts intended for digital video applications. Since 1990, VITEC has focused its efforts on digital video and conforming to ISO standards such as MPEG. Since its creation, VITEC Multimedia has been universally recognized for its groundbreaking product development. Its strengths are based on a team of skilled and experienced engineers who understand the challenges and nature of demanding customer requirements. VITEC Multimedia's main objectives are to provide high-end technology and complete solutions to the digital video market. For more information visit www.vitecmm.com About Focus Enhancements, Inc.Focus Enhancements is a fabless semiconductor company developing award-winning audio and video integrated circuits for wireless home audio applications and the TV-out video encoder markets. Summit Wireless™ integrated circuit (IC) is the industry’s only 7.1 high-definition wireless surround sound solution, delivering distortion-free audio with ease. Summit is designed to be integrated into home theater speakers, sound bars, audio/video recorders, digital television, DVD players, MP3 players, set-top boxes, PC, and PC gaming systems. More information on Focus Enhancements may be obtained by visiting www.focusinfo.com or www.summitwireless.com # # # Company and product names may be trademarks of their respective owners. © 2010 VITEC Multimedia. All rights reserved.
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