RAVISENT and FUNAI Partner to Deliver Consumer DVD Products

MALVERN, Pa.–(BUSINESS WIRE)–Nov. 9, 2000
via NewsEdge Corporation - RAVISENT Technologies Inc. (NASDAQ:RVST), a
provider of digital audio and video software
solutions, and FUNAI Electric Company, LTD
(FUNAI), an OEM for numerous consumer
electronics appliances, Internet set-top boxes,
household appliances and computer peripheral
companies, today announced a strategic
partnership aimed at producing next generation
consumer electronic appliances delivering
RAVISENT’s latest DVD technology.

In partnership with STMicroelectronics, the
world’s leading supplier of MPEG video decoders,
FUNAI is licensing RAVISENT’s Software
CineMaster CE device driver and DVD navigation
engine utilizing the ST 5508 host processor and
MPEG2 decoder.

RAVISENT’s relationship with FUNAI will enable
FUNAI to leverage the advanced functionality of
Software CineMaster CE, providing playback of
theater-quality video and audio from DVDs.

“Our selection of RAVISENT as a partner was
based on their ability to deliver the best
performing digital video software solution
available in the marketplace,” said Mr. Mitsunori
Akada, General Manger Video Systems Division of
FUNAI Electric Company. “We are confident that
we can offer our customers the latest in DVD
playback technology.”

“This is a tremendous opportunity for RAVISENT
to deliver our DVD solution to a consumer
electronics giant like FUNAI,” stated Frank Wilde,
CEO of RAVISENT. “FUNAI is an established
leader in the consumer electronics market. In the
United States, FUNAI is the manufacturer of one
out of every three VCRs sold and one out of
every two TV/VCRs sold, under brand names
such as Sylvania and Symphonic. This kind of
win is indicative of our ability to market and
deliver innovative core technology under strong
recognizable brands like Sylvania.”