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Mediabolic and Pioneer Sign Definitive Agreement to Develop Complete Line of Networked Digital Entertainment Devices
COMDEX 11/12/2001
Mediabolic, the leader in networked entertainment device software, and Pioneer, the preeminent manufacturer of high-performance audio and video equipment for the home, car and business markets, announced today a multi-year definitive agreement whereby Pioneer will integrate the Mediabolic ONE digital convergence platform into new entertainment products.
"Mediabolic is excited to be in a long term alliance with a consumer electronics leader. Pioneer boasts an established worldwide distribution channel for selling cutting-edge electronics at consumer price points," said Daniel Putterman, CEO of Mediabolic. "Pioneer is leading the industry in the creation of next generation entertainment products. Mediabolic is very pleased to be a core component of that strategy."
"The Mediabolic ONE digital convergence platform demonstrates the connectivity and flexibility needed to create a winning product line," said Bob Niimi, senior vice president of networking for the Home Entertainment Division of Pioneer Electronics (USA) Inc. "Pioneer researched several platforms and selected Mediabolic because it provides the expertise and software solutions that support a full spectrum of entertainment products, from small playback devices to full-blown media servers."
Look for sneak previews and more announcements at the Consumer Electronics Show in Las Vegas, January 8 - 11.
Mediabolic, Inc. is a leading provider of software for networked entertainment devices in the home. The company provides an embedded network operating platform and a full suite of customizable applications for digital consumer electronics, networking, and entertainment service provider markets. Founded in 1999, Mediabolic is based in San Francisco, CA. For more information, please send inquiries to info@mediabolic.com.
Pioneer Corporation is a leader in optical disc technology and a preeminent manufacturer of high-performance audio, video and computer equipment for the home, car and business markets. The company focuses on four core business domains including DVD, display technologies, Digital Network Entertainment® and components. Founded in 1938 in Tokyo, Pioneer Corporation employs more than 31,000 people worldwide. Its shares are traded on the New York Stock Exchange (NYSE:PIO). Pioneer's U.S. headquarters is located in Long Beach, California.
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