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MillimeterPinnacle Systems Receives Prestigious Emmy For Pioneering Development In The Video Industry
Oct 24, 2003 12:00 PM
MOUNTAIN VIEW, CA-Pinnacle Systems, Inc. (NASDAQ: PCLE), announced that the National Academy of Television Arts & Sciences (NATAS) has awarded Pinnacle Systems a prestigious “Emmy” for technical achievement. The company's ninth Emmy is being given to Pinnacle for developing groundbreaking advanced technology that uses low-resolution proxies to facilitate editing and broadcast of news and other programs.
“Receiving this Emmy is a tremendous honor,” says Kim Fennell, CEO and President of Pinnacle Systems. “We are proud to help advance the state of television art by leveraging the huge investments made by others and ourselves to make broadcast work behind the scenes easier and more efficient. Winning the most prestigious award in our industry underlines Pinnacle Systems' commitment to staying in the forefront of video technology.”
Pinnacle's Vortex technology enables a broadcaster to simultaneously encode a high resolution, broadcast-ready copy and a lower resolution copy of their video. This lower resolution copy requires dramatically less bandwidth and storage, making it easily distributable over ubiquitous, low-cost networks. Standard, inexpensive desktop computers can replace traditional specialized video workstations, enabling a far greater number of users than ever before possible to edit video from PCs located anywhere in the building or around the globe. The system automatically synchronizes those edit decisions with the high-resolution video which is then played back out to air.
About NATAS
The National Television Academy, whose total dedication is excellence, is a professional service organization for all aspects of the Television, Cable and Satellite industries. Its symbol of excellence, the Emmy, is awarded in six major national categories including Sports, News/Documentary, Daytime, Technology, and International (through its International Academy). Local Emmys are given in nineteen regions across the United States. Beyond awards, the Academy has extensive educational projects, scholarships, publications, and major activities of impact to both industry professionals and the viewing public itself. For more information, please visit the website at www.emmyonline.org.
About Pinnacle Systems, Inc.
Pinnacle Systems provides broadcasters and consumers with cutting-edge digital media creation, storage, and play-back solutions for use at Home, in the Studio and on the Air. Pinnacle Systems' award winning digital media solutions are in use around the world for broadcast, video and audio editing, DVD and CDR authoring and on the Internet. A recognized industry leader, the Company has received eight prestigious Emmy Awards for its technical innovations and carries this commitment throughout all of its product lines. Pinnacle Systems may be reached at (650) 526-1600 or at www.pinnaclesys.com.
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