SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Technology Stocks
OVTI-OMNIVISION
An SI Board Since April 2001
Posts SubjectMarks Bans Symbol
11 0 0 OVTI
Emcee:  GARY P GROBBEL Type:  Unmoderated
THIS could help get OVTI headed back towards the 50.00 price tag they carried last Sept (closed around 3.30 today)...somebody is going to do this...maybe it will be OVTI:

EMBLAZE Systems and OmniVision Technologies Sign Agreement to Provide The First Ever Reference Design For a Combined CMOS Camera and MPEG-4 CODEC Solution For Mobile Handsets
Two-way, real-time video cell phones may soon become a market reality thanks to technology development and co-marketing agreement between market leaders EMBLAZE Systems and OmniVision Technologies

NEW YORK and SUNNYVALE, Calif., April 19 /PRNewswire/ -- OmniVision Technologies (Nasdaq: OVTI - news) and EMBLAZE Systems (LSE: BLZ) through its subsidiary EMBLAZE Research, today announced a long-term strategic agreement which has the objective of providing the first-ever highly integrated two chip commercial CMOS camera and MPEG-4 standard CODEC (encoder/decoder) reference design for mobile handsets. The agreement provides the opportunity for these two companies to aid in the development of what will be one of the first two-way, real-time video cell phones. The purpose of this development agreement is to provide OEMs of mobile handset manufacturers with an integrated standard compliant video capture, encoding and playback solution. One of the objectives of the reference design is to minimize time to market for MPEG-4 standard compliant mobile devices. The companies will co-market the reference design and share revenues generated from products developed using the design.

Naftaly Sharir, CEO of EMBLAZE Research, referenced the collaborative past shared by OmniVision Technologies and EMBLAZE Research. ``Having enjoyed a mutually successful working relationship in the past, it is fitting that, together, Omnivision Technologies and EMBLAZE Research will soon offer the mobile handset industry a turnkey video capture, encoding and playback solution,'' Sharir added.

According to Shaw Hong, CEO of OmniVision Technologies, Inc., mobile phone manufacturers are looking for a total integrated solution for video applications. ``We believe that the combination of Emblaze's MPEG-4 standard CODEC chip and OmniVision's highly integrated CMOS image sensor into a complete reference design including software will be attractive to manufacturers who would like to implement designs for all kinds of video applications,'' Hong added.

The reference design will combine the Emblaze Research A3 MPEG-4 standard CODEC chip and OmniVision's OV66XX and OV76XX CMOS camera and includes software to enable a complete camera and MPEG-4 encoder/decoder subsystem.

According to Ziv Eliraz, VP of Business Development, EMBLAZE Systems, the agreement aims to provide OEMs and handset/mobile device manufacturers with an integrated working solution that will significantly improve time to market in what promises to be a highly competitive emerging market. ``The market introduction of real time streaming video over mobile devices promises to radically alter the competitive landscape in mobile telecommunications and handset manufacturing,'' Eliraz said today. ``We believe that real time streaming video is the killer application for wireless and that first-to-market in this area will initially be a tremendously powerful competitive advantage,'' Eliraz said.

The two companies believe that the first reference design will be available for OEMs at the end of Q2 2001. Under the agreement, both companies will offer the reference design and co-market and support to any OEM that integrates the reference design into its product offerings. This cooperation will provide OEMs with pre-integrated software and hardware solution for a MPEG-4 encoding/decoding solution for mobile handsets.

About OmniVision Technologies

OmniVision Technologies, Inc. designs, develops and markets high-performance, high-quality and cost-efficient camera chips. The company's highly integrated single-chip image sensors are used in a variety of electronic cameras and optical imaging products for both still picture and live video applications. OmniVision is able to integrate many image system functions into a single chip instead of multiple chips required to achieve the same functions by competitive image sensors. The single-chip design enables customers to design cameras that are lower in cost, smaller, lighter in weight, consume less power, are more reliable and more easily integrated with other circuits than cameras using multiple-chip image sensors.

OmniVision is based in Sunnyvale, California. For more information about the company, visit ovt.com.

About EMBLAZE Research

EMBLAZE Research (Formerly Zapex Research), a wholly owned subsidiary of EMBLAZE Systems, is a semiconductor company specializing in highly integrated digital video chips and sophisticated VLSI for the consumer, mobile and cellular markets. EMBLAZE Research designs and produces digital video chips and software under international standards such as MPEG-2, MPEG-4 and H.323/H.324. EMBLAZE Research is headquartered in Netanya, Israel.
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
11sooo, Greenberg is beefing that the quality of OVTI's earnings is going downchico40-9/1/2005
10Greenberg want a HIGHER tax rate?? marketwatch.com 2D46EC75285281%7D&siteid=chico40-8/30/2005
9So let's hope this time that Hong and Co. are able to convert those design-wTaro-8/29/2005
8Forgot to mention with predicted 110 to 120M in revenue next quarter and Gross Mchico40-8/29/2005
7Thanks, and thanks to OVTI for a great conference call. Hong and Lee almost souchico40-8/28/2005
6Elroy will be happy to see some more activity on the OVTI board. He should be baTaro-8/26/2005
5Happy days are here again for OVTI!!!!!!!!!!!! After hours doesn’t usually mean chico40-8/26/2005
4Short interest as of August 15 settlement was 18,334,878 Lets see what they thinchico40-8/25/2005
3Market manipulation or simply coincidence? You make the call. here is the Rockechico40-8/24/2005
2OVTI is too big for just one message board, and the other one doesn’t record poschico40-8/23/2005
1from 10$, free money for everybody!Brasco One-12/1/2004
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):