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Computer Hardware News
Recent News Stories from PRnetwire.com >> News Article

Edited by Christopher Simmons, senior news editor


VISUAL FRONTIER ANNOUNCES MAJOR NEW CONTRACT TO SUPPLY OPTICAL STORAGE PRODUCTS TO INDUSTRY LEADER

TAIPEI, TAIWAN - Aug. 15, 2003 (Send2Press Newswire) -- Visual Frontier, Inc. (OTCBB: VFTR) announced that it has signed a multi-million dollar deal with Japanese electronics manufacturer TEAC Corporation. Signed at TEAC's Taipei office, the contract lays the groundwork for what is anticipated to be a long-term co-operation between the two companies. Under the agreement Visual Frontier will provide optical storage drives to be sold under the world-renowned TEAC name. Visual Frontier and TEAC will also enter a technology sharing agreement to jointly develop products that meet consumer's demands.

Founded in Japan and operated worldwide, TEAC is celebrating its fiftieth anniversary this year. TEAC Corporation s major businesses include Computer Peripherals, Measurement, Communication, Video and Mass Storage Products, Professional Audio Products and Consumer Audio Products.

This contract is an affirmation of Visual Frontier's design and production capability. Visual Frontier is proud that its products were chosen by TEAC over several competing brands. With the help of companies like TEAC, Visual Frontier can grow and be able to continue to supply its customers with the most technologically advanced products at the most reasonable price. This joint effort project is important to Visual Frontier as it once again proves the competitiveness and overall market appeal of the company s wide array of design efforts.

The deal estimated to be worth two million US dollars annually is a tremendous achievement for the research and development team and a testament to the quality of the company's line of optical storage drives.

About TEAC Electronics

TEAC is the worldwide leader in the development and manufacture of information recording and data storage technology as well as audio and environment equipment. The company offers cutting edge technological products such as computer peripherals, measurement devices and communication recording products. Since TEAC's inception in 1953, it has established a strong market presence in 16 countries across both Asia and Europe, with its global headquarters in Japan. Currently, TEAC has a total of more than 9,000 employees worldwide and is also listed on the Japan Stock Exchange. Further information on TEAC can be found at http://www.teac.com.

About Visual Frontier, Inc.

Visual Frontier has been a leading service provider in the design and manufacture of portable electronic products/components. We provide our customers with cutting-edge designs/service/products which combine outstanding performance, sleek styling, and impeccable reliability. Through a holding company established in 1990, is engaged by and through subsidiaries in the computer peripheral industry, primarily of optical storage devices focused on CD-RW drives with DVD read capability, known as combo drives, for such OEM customers as Yamaha and Philips. Visit the company's website at http://www.govf.com.tw

[REF: researchtoday.com]

Company Website: www.govf.com.tw
Source of News: Visual Frontier, Inc.

Stock Info on Yahoo!® Finance BB: VFTR

International Business Newswire / Computer Technology Newswire
> Read original news release in raw text format


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