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Enhanced Consumer Video Editing Software Records to DVD/VCD/SVCD or Tape
MOUNTAIN VIEW, CA, June 25, 2002 - Pinnacle Systems Inc. (NASDAQ: PCLE), a leader in digital video solutions, announced today Pinnacle Studio version 8, the platform for Pinnacle Systems' consumer line of video editing solutions. Based on the technology that has earned Pinnacle Systems eight Emmy Awards for Technical Achievement, the Studio products have been ranked as the industry's top-selling products for the last two years*.
Pinnacle Studio version 8 adds integrated DVD/VCD/SVCD creation tools as well as real-time transcoding from DV to MPEG2. The powerful new features will appeal to customers who have never edited before and to individuals who use existing Studio or competitor products and want to advance their movie-making capabilities.
"Creating videos should be fun, not frustrating," Bill Loesch, vice president of marketing and technology of Pinnacle System's Personal Web Video Division, emphasized. "With the new features we've added to Studio 8, creativity isn't limited by a tight budget or a lack of experience. Pinnacle's Studio 8s new disc creation capabilities makes the power of Pinnacle's professional DVD technology accessible to consumers in a friendly and intuitive interface"
Unlike other consumer video products that require users to handle video editing and disc authoring as two separate steps, Studio version 8 provides a seamless editing/authoring environment, providing unparalleled ease of use and creative flexibility. The full version of Studio 8 allows the creation of true Hollywood-style DVDs, with advanced features previously found only in professional DVD authoring packages costing hundreds or thousands of dollars more. Discs created with Studio version 8 can include menus with looping background music, moving video backgrounds and moving video in the menu buttons. Users can easily create multiple linked and nested menus for complex interactivity. Finished projects are burned to a DVD or CD simply by clicking on the Make Disc tab from Make Movie and selecting the VCD, SVCD, or DVD preset option.
Pinnacle Studio version 8 will be available as a standalone software product through select resellers in August for SRP $99. Bundled with a FireWire card, Studio DV 8 has a suggested list price is $129. Studio version 7 owners can upgrade to Pinnacle Studio at a discount.
"Pinnacle's Studio DV 8 takes advantage of the inherent processing power of the Pentium 4 processor," said David Brown, director of Intel's platform enabling group. "The new application from Pinnacle running on the Pentium 4 processor gives consumers the video and audio performance they need when creating and editing videos."
Studio 8 will be available as a standalone software product through select resellers in August for $99. Studio DV 8 including a FireWire card and Studio AV 8 which includes an analog capture board, each have a suggested list price of $129. For the ultimate home movie making system, Studio Deluxe 8 includes a board with FireWire and analog inputs and outputs and a suggested list price of $299. Studio 7 owners can upgrade to Pinnacle Studio at a discount. For more information go to www.pinnaclesys.com.
About Pinnacle Systems, Inc.
Pinnacle Systems provides cutting-edge digital video creation, storage, streaming and viewing solutions for broadcasters, video professionals and consumers. Pinnacle Systems solutions help enable the creation, management and distribution of video via cable, satellite, video-on-demand (VOD), digital video discs (DVDs) and the Internet, along with consumer editing products for home movie making and DVD creation. The company has won eight Emmy Awards for its technical innovations for broadcast products and carries its commitment to technology throughout all of its product lines. Pinnacle Systems may be reached at (650) 526-1600 or at www.pinnaclesys.com
*Studio products were the top-selling retail DV editing solutions in the US for 2000 and 2001 based on NPD Intellect's (formerly PC Data) January 2001 and 2002 Reports.
All trademarks and registered trademarks are the property of their respective owners, 2001-2002, Pinnacle Systems.