NME and Beijing E-World Technology Co., Ltd To Launch Total Red Laser HD Solution - EVD/VMD High Definition
Players As Well As VMD Discs At CeBIT 2006 in Hanover, Germany, in March
LONDON --(Business Wire)-- Dec. 29, 2005
New Medium Enterprises (OTCBB: NMEN) and Beijing E-World Technology Company, Ltd., today announced the spring launch of
the VMD-EVD-HD player at CeBIT in March 2006. Beijing E-World CTO Mr. Xu Xiang said "The two companies have
achieved total compatibility between the EVD -HD player and VMD discs. All parties involved are very satisfied with
this prototype and are confident to start commercial production in early spring."
As an important show
of support for the cooperation between NME and Beijing E-World, a leading Bollywood (Indian) film distributor Eros will
release 5 titles in HD on VMD together with the EVD - HD player at the CeBIT exhibition in March.
Beijing E-World technological teams have been cooperating with each other extensively during the past several months.
The two companies had launched their VMD-EVD-HD player prototype before Christmas in 2005, and plan to launch the
commercial production in the first quarter of 2006. "We believed it was important to continue the integration of
our two technologies, as well as gain strong assistance, technical support and input from Chinese DVD manufacturers
prior to the launch of our products. We now believe that we have all the necessary support from the Chinese DVD player
manufacturers to launch the HD solution at the CeBIT show in March 2006," said Mahesh Jayanarayan, CEO of NME.
About New Medium Enterprises, Inc. (NME):
NME is aimed at positioning itself as a technology leader
in the field of High Definition (HD) digital storage. NME is offering the film, entertainment, video gaming and storage
industries a total solution including thwarting video piracy. The Company has developed the Versatile Multilayer Disc
(VMD), a technologically advanced red laser optical storage disc that has capacities ranging from 20 to 40GB. The
technology has the capability of up to 100GB of data storage, which is 20 fold the capacity of existing DVD discs. For
additional information about NME, please consult the Company's website at: http://www.nmeinc.com
Beijing E-World Technology Co., Ltd. (E-World):
E-World, a Chinese publicly listed company, is engaged in
the development of electronic chip and board technology. E-World is also the developer of the Enhanced Versatile Disc
(EVD), which is currently selling in China, and one of the world's HD optical storage discs. For additional information
about E-World, please consult the Company's website at: http://www.davworld.net