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TV One Acquires Vine MicrosCombines sales and marketing with R&D and manufacturing capability (September 03, 2004)
David K. Barnes, CEO of TV One, stated, ?This is a natural step in the decade long relationship between Vine and TV One. The close interaction between the two companies has always worked to our mutual advantage. TV Ones sales and marketing expertise, coupled with Vines R&D and manufacturing capability has served both companies very well. Vines intellectual property, including its CORIO and CORIO2 video conversion technologies, is a valuable asset that figures prominently in TV Ones short and long term product development plans for the Professional AV and Broadcast markets.
Barnes also stated, ?This gives us an established base of operations to provide sales and technical support throughout Europe for the entire range of TV One products. We will move swiftly to integrate our products into the existing Vine distribution network. This compliments coverage afforded by our offices in the USA, Latin America and Asia.
Richard Mallett, Managing Director and Head of Research & Development for Vine stated, ?After twenty years of day-to-day company management as well as heading our R&D program, I am excited to now be able to focus all my efforts on developing new technologies and products. Our CORIO2 technology and future derivatives of it will now receive my full attention.
Mallett also stated, ?Because of our long term relationship, the acquisition by TV One is a comfortable fit and I look forward to a bright future for TV One Europe. The broad range of TV One products will be a great compliment to the current range of Vine products and make the complete package very attractive to our customers.
Barnes further stated, ?In addition to assuming the position of Managing Director of TV One Europe (soon to be renamed from Vine Micros), I will continue my duties as CEO of TV One in the USA. Therefore, I am pleased to announce that Steven Mattingly has been appointed to the post of General Manger of TV One Europe. Steven will also be a Director of the company. His previous position as Vines International Sales Manager and most recent post as Managing Director of Scancom make him an ideal choice to provide the day to day management necessary. I have known Steven for many years and am confident in his leadership abilities.
About TV One
Founded in 1991, TV One develops, manufactures and distributes digital video solutions for the Pro AV and Broadcast markets. TV Ones key products are Video Scalers, Scan Converters, Digital-Analog Converters, Standards Converters, Video Test Equipment, Digital Video Recorders, Video Distribution Systems, Matrix Routing Switchers and LCD Monitors. TV One products are sold worldwide and can be found in many broadcast and industrial applications. In addition to equipment sold under the TV One brand name, products are also sold on an OEM basis to other companies in the Pro AV industry. Please visit the TV One website at www.tvone.com.
About Vine Micros
Founded in 1984, Vine develops, manufactures and distributes professional video conversion solutions. Vines key products include the CORIOscan range of scan converters and the C2-5000 range of Universal Video Scalers. The CORIO2 video conversion technology is the result of over fifteen years of cumulative development experience and is the basis for all new products. In addition to equipments sold under the Vine brand name, products are also sold on an OEM basis to other companies in the Pro AV industry. Please visit the Vine website at www.vinemicros.com.
Please visit us at the Vine Stand at IBC in Amsterdam, September 10-14 in Hall 8 Stand 485.
Related Keywords:TV One, Vine Micros, David K. Barnes, CORIO, CORIO2, Richard Mallett, Steven Mattingly,