RNS Number:5012A
Indigo Vision Group PLC
15 March 2001



  IndigoVision announces major breakthrough in mass market video technology

VideoBridge6 technology enables mass consumer applications for the first time


Edinburgh, Scotland - 15th March 2001 - IndigoVision Group plc, the Video IP
technology group, today announces a breakthrough in video technology with the
launch of its VideoBridge6. The new technology will enable the production of
mass consumer video applications at an affordable price for everyone. For the
first time, it will be possible to watch all kinds of video material via
television, PCs, MP4 players and even mobile phones.

Chief Executive Officer, Oliver Vellacott said, "Imagine watching Saturday's
match on the way into work on Monday, imagine being able to protect your home
for under #3 a day, imagine watching any film you like on a long haul flight
in economy class. These visions are now reality with the affordable mass
recording capabilities of IndigoVision's latest technology."

This mass video recording technology allows 100 channels of live video to be
recorded simultaneously on a platform comparable in cost to an analogue VCR.
VideoBridge6 also brings significant performance benefits over IndigoVision's
previous generation product, including:


        40% lower power consumption

        40% lower licensed build cost

        15% better video quality

        90% reduction in capital cost for large scale systems

        Storage costs reduced to 12% of conventional tapes

        Operating costs to 10% of analogue systems

In addition, IndigoVision has partnered with several companies so that they
can embed VideoBridge6 into their products. Panasonic, the world's largest
consumer electronics company, Baxall, the UK's leading manufacturer of CCTV
products, and Videology, major US camera manufacturer, are among these names.

VideoBridge6 contains four principal elements of technology which
manufacturers can embed into their products: video servers, video clients,
video recorders and video administrators. Each of these elements is provided
as a design license, platform and development toolkit, creating 12 separate
products within VideoBridge6.

Furthermore, the technology allows multiple compression and transmission
standards to coexist so VideoBridge-powered products can support multiple
applications such as videoconferencing and webstreaming. It supports video
transmission bandwidths between 8 Kbps and 2 Mbps.

IndigoVision's Networked Video Recorder (VideoBridge-NVR) is a breakthrough
technology for mass recording and playback of video. 24 hours of full frame
rate video requires only 1.6Gbyte of disk space, so that a single hard disk
can now store 100 days of 24 hour video. There are three cost factors in video
recording: VideoBridge-NVR reduces capital cost to approximately 10% of
analogue VCRs for large scale systems such as city centres, casinos or
transportation. It reduces storage costs to 12% of analogue VCR tapes. It
allows operating costs to reduce to approximately 10% of analogue as it
automates what is currently a manual and intensive process.

CEO Oliver Vellacott said, "VideoBridge6's qualities will enable our customers
to create products which can address true volume markets. In addition, the
mass recording technology offers breakthrough cost efficiencies which we
expect to enormously expand the market beyond the existing $5bn p.a.."

                                   - Ends -

About IndigoVision Group plc

IndigoVision is a leading supplier of video intellectual property (IP) to
major semiconductor and product manufacturers worldwide. Marketed under the
VideoBridge(r) trademark, the technology powers products in entertainment,
monitoring, visual communications and wireless. Applications include networked
cameras, digital video recorders, video servers, video clients, video
administration solutions, videoconferencing, traffic enforcement cameras, MP4
players, internet TV, set top boxes, etc. VideoBridge(r) can switch in real
time between multiple industry-standard protocols for compression,
transmission and recording, so that a VideoBridge(r)-powered product can span
multiple video applications. This connects sectors of the video market that
previously could not speak to each other. VideoBridge(r) spans the entire
technology foodchain, from silicon IP through to applications software, and is
supplied at one or more of these levels to its partner manufacturers.

Founded in 1994, IndigoVision operates from headquarters in Edinburgh, UK,
with offices in Tokyo, San Jose, Boston and London. IndigoVision listed on the
London Stock Exchange (IND.L) in August 2000.

Further information: http://www.indigovision.com/

For further information, please contact:
Financial Dynamics                                                0207 831 3113
James Melville-Ross
IndigoVision Group plc                                            0131 475 7200
Oliver Vellacott - CEO
Indigovision (LSE:IND)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Indigovision Charts.
Indigovision (LSE:IND)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Indigovision Charts.