Computer Hardware News
Recent Newswire Stories from PRnetwire and eNewsChannels.com
Edited by Christopher Simmons, senior news editor
VISUAL FRONTIER ANNOUNCES SIGNED NDA WITH JAPAN'S TEAC INC. AND JOINTLY DEVELOPS PORTABLE DVD RECORDABLE DEVICE WITH TAIWAN'S LITE-ON INFORMATION TECHNOLOGY
TAIPEI, Taiwan - (Send2Press Newswire) - Oct. 16, 2003 -- Visual
Frontier, Inc. (OTC BB: VFTR) announced the signing of a Non-Disclosure
Agreement with Teac Inc. pursuant to its recent contract to provide the
massive electronics manufacturer and industry leader with a new line of
special combo drive products. In preparation to meet customer demands,
Visual Frontier together with Lite-On Information Technology Inc.
(www.liteonit.com.tw) has jointly developed a new lightweight, portable
DVD recordable drive product.
It is projected after planned shipment
early in the first quarter of 2004, this single product alone will
immediately create over two million dollars in revenue for Visual
Visual Frontier has pointed out that the signing of this NDA agreement
with Teac Inc. indicates a much higher level of cooperation between the
two companies in the near future. A greater amount of contact and
communication at all levels is expected, including plans to jointly
research and produce several lines of products and to sell several of
Visual's products throughout Japan and other European countries using
the Teac brand name. Visual Frontier initially estimates this project
will produce an additional two million dollars in revenue from sales of
products with Teac Inc. originating in Asia-Pacific alone.
Many analysts predict that this type of DVD recordable device will
continue to gain market share and possibly replace regular CD-ROM
capable products some time in the future. Just as the sale of notebook
computers has steadily gained ground on PCs, Visual Frontier feels the
vast market for external hardware drives and portable computer devices
warrants putting a large amount of resources and effort into producing
DVD oriented and other portable computer products.
In order to create
the most competitive products available, Visual Frontier has also signed
agreements with Lite-On Information Technology Inc. to form a joint
venture in the creation of portable DVD recordable external drives. The
two companies will combine their expertise in research, design and
manufacturing to form a partnership for creating the best electronics in
this exciting sector.
About Lite-On Information Technology
In 1999, Lite-On Information Technology Corp. was established, another
proud member of Lite-On Group. The business was designed to focus on
Lite-On Group's optical storage business. The Company has developed to
form a group of over 130 elite scientists and engineers. The Company is
dedicated to the development of patented anti-vibration mechanical
design, advanced circuit design, firmware programming & performance
electronic devices. Lite-On IT is primarily involved in carrying out the
development of CD-ROM products to expand research and manufacturing
capacity to new generations of products such as DVD, CD-RW, and COMBO
drives. More information: http://www.liteonit.com.tw
About Visual Frontier, Inc.
Established by a highly skilled management team with over ten years
experience, Visual Frontier has become a reliable source of computer
peripherals solutions for internationally recognized brand name
electronics manufacturers. Visual Frontier has been a leading service
provider in the design and manufacture of portable electronic drives,
burners and storage products focusing on CD-RW with DVD read/record
capability to OEM customers such as Yamaha and Philips. The Company
provides its customers with cutting-edge designs/service/products which
combine outstanding performance, sleek styling, and impeccable
reliability. With a highly trained staff of over forty designers and
engineers, Visual Frontier provides a diverse range of products and
services meeting each client's unique demands.
Organization Website: www.visualfrontier.com.tw
Source of News:
Visual Frontier, Inc.
Find More Stock Info, Charts, News on OTC BB: VFTR
Yahoo!® Finance (VFTR.OB)
Taiwan Business Newswire
Computer Hardware Newswire
> Read original news release in raw text format
» E-mail This News Story to Someone
Previous News from Visual Frontier, Inc.
> More Computer Hardware News
More Taiwan 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.