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Digital Vision and Vistek Announce Agreement

Joint development and OEM agreement to develop HDTV standards converter (June 27, 2005)

Digital Vision and Vistek today announced that they have signed a joint development agreement in order to develop a high quality, motion-compensated HDTV standards converter. The companies have also signed an OEM agreement whereby Vistek will manufacture and sell the finalised product through its well established channels and to its wide customer base amongst the broadcasting industry.

The requirement for high definition standards conversion has become more important recently since Europe has adopted a high definition television standard based on a 50 Hz field rate, which is incompatible with the 60 Hz formats used in the US and other countries.

The system will utilize a combination of Digital Visions Emmy Award-winning PHAME motion estimation algorithm with Visteks expertise in video format conversions and will be aimed initially at broadcast sports events and news applications. Motion compensation is critical to the functioning of a high quality video standards converter. Such conversions require that new picture information is automatically generated by combining information from several pictures. In less sophisticated systems any motion present in the original pictures will result in loss of resolution and excessive ?lag or smearing. Advanced motion estimation algorithms can be used to compensate for any motion present and will result in crystal clear converted pictures. This is especially critical in broadcast sports applications since such programs include highly detailed, fast motion imagery.

Vistek and Digital Vision have worked together previously on a similar product for standard definition television applications. The Vector-VMC was awarded an Emmy Award by the National Academy of Television Arts & Sciences.

Andrew Osmond, Managing Director of Vistek, stated, ?We are very pleased to be working with the engineers at Digital Vision again. We had an extremely successful experience with Digital Vision about ten years ago, when we collaborated on the Vector motion-compensated standards converter for the television formats of the day. That product became a standard for sports applications and many are still in use around the world.

Robert Ekstrom, President of Digital Vision, said, ?The Vistek and Digital Vision teams bring a fantastic set of complementary skills to the table and we are looking forward to a successful relationship. Our previous joint venture was very successful for both companies from financial, technical and market perspectives and we believe that we are on track to repeat or exceed that performance.

About Vistek
Vistek Electronics is a market leader in the design of television signal processing equipment. With products handling video and audio in both digital and analogue formats, the company's systems are to be found in major broadcasting facilities all over the world. Particular expertise in HD has resulted in products that are widely recognised for their engineering excellence. Founded in 1986, it is a privately owned company, based in the United Kingdom, with offices in the USA & Singapore

About Digital Vision
Digital Vision provides innovative image restoration, enhancement, colour correction and data conforming systems that major movie studios, television networks and post-production facilities use to produce and enhance feature films, TV programs and commercials. The companys Nucoda product line provides a strong suite of products for the burgeoning digital intermediate 2K/4K market. The companys award-winning products are a standard of the media & entertainment industry and are deployed at top facilities around the world.

Digital Vision AB was founded in 1988 and is headquartered in Stockholm, Sweden, with two wholly owned subsidiaries, Digital Vision (US) in Los Angeles, California, and Nucoda Ltd in London, England. The company maintains its global presence through a network of qualified distributors. Digital Vision is listed on the Stockholm stock exchange.

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Related Keywords:Digital Vision, Vistek, HDTV standards converter, standards conversion, PHAME, motion estimation, Vector-VMC, Nucoda,

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