Thursday, July 06, 2006
InterVideo Awarded Development Contract from Alpine; Pioneers Convergence of Technology and Entertainment for Automotive Multimedia Applications
FREMONT, Calif. -- InterVideo(R) Inc. (Nasdaq:IVII) announced today that it has been awarded a development contract for automotive multimedia applications from Alpine Electronics, Inc. in Japan. Alpine, the world's leading automotive consumer electronics system supplier, specializes in engineering solutions for mobile multimedia system integration. Due to the confidential nature of the contract, no further details of the project, including business forecasts, were released.
Well-known for its superior codec technology, InterVideo plays a leading roll in developing innovative multimedia software products for consumers and has been a pioneer in advancing digital audio technology.
"Alpine is taking a leadership position in developing new solutions designed to enhance their customers' automotive multimedia experience," said Steve Ro, CEO and President of InterVideo. "We're pleased to be awarded a design win in the mobile media market as it demonstrates we are getting traction in this exciting growth area."
InterVideo is a leading provider of DVD software. InterVideo has developed a technology platform from which it has created a broad suite of integrated multimedia software products that allow users to capture, edit, author, burn, distribute, and play digital video. InterVideo's software is bundled with products sold by the majority of the leading PC OEMs. The company is headquartered in Fremont, CA with regional offices in Europe, Taiwan, China and Japan.
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