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
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
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
> More Computer Technology News
> More International Technology Business News
> Other Recent News Stories
FOR INFORMATION ABOUT THE COMPANY OR ORGANIZATION(S) MENTIONED IN THE ABOVE NEWS ITEM, PLEASE CONTACT THE COMPANY DIRECTLY. SEND2PRESS/NEOTROPE IS NOT A REPRESENTATIVE OF, AND DOES NOT OFFER FURTHER INFORMATION ABOUT, ANY COMPANY MENTIONED IN THE ABOVE NEWS ITEM.
DISCLAIMER: the above news article is believed accurate but not guaranteed, and is based on news supplied by the company or organization mentioned and/or quoted in the story. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news item are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope/Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. Reproduction of this news article in any form requires written authorization use of the raw text version of the news has no restrictions other than you may not post our news on a website which offers either PR or newswire services, or Internet Promotion services.. You may freely link to this article. eNewsChannels (www.eNewsChannels.com) is a unit of Neotrope®. Keyword marketing technology by DotComMojo, a unit of Neotrope.