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%% Amiga News %%
Problems with Commodore's Creditors
Amiga Report 27 Jul 94
The liquidators appointed by the Bahaman courts have received four
proposals to buy Commodore. Those being Amstrad, Samsung, Philips, and
But problems exist. The lawyers for Commodore's principal creditors
(those being Prudential Insurance Company of America, Anchor National Life
Insurance Company, and Daewoo Telecom and Daewoo Corporation) would like
to have the bankruptcy proceedings moved or at least have parallel
proceedings opened in the U.S. Bankruptcy Court in New York.
The main creditors want this for two reasons. One under Bahaman law,
creditors have an advisory role, while in the U.S., the creditors would
have more say over the disposition of assets. Two Bahaman law only permits
liquidators to go back three months before bankruptcy to judge and
possible reverse management actions involving assets, while American law
permits the liquidators to go back a year. The creditors have questions
regarding the actions of Commodore, especially the actions of Mehdi Ali.
The Bahaman court has rejected motions from the creditors to move the
proceedings to New York. So the creditors are asking the U.S. Bankruptcy
courts to seize jurisdiction or open parallel proceedings.
Another part of the tangled web seems to be with some of the prospective
buyers. They are concerned about the amount of debt owed by Commodore,
which is approximately $145 million.
NewTek and Prime Image Enter Worldwide Markets
Topeka, Ks., February 18, 1994 - NewTek, the company which launched the
desktop video industy with the introduction of the Video Toaster, and
Prime Image, a leader in transcoding time base correctors, synchronizers,
standards converters and still video stores, have announced an agreement
that will let the Video Toaster bridge worldwide video standards.
The agreement brings together the Video Toaster with Prime Image's
Passport 4000 device that offers a digital video signal handling
capabilities such as conversion to international video standards including
PAL, SECAM, PAL-M PAL-N AND NTSC 4.43. The Passport 4000 also offers time
"NewTek has built a billion dollar industry on the strength of Video
Toaster technology," said Bill Hendershot, founder and president of Prime
Image, Inc. "Prime Image's customers around the world have let us know
there's tremendous pent-up demand for the Video Toaster in diverse video
format applications. given this demand and given the standards conversion
technology Prime Image has pioneered, it's a natural fit for Prime Image
and NewTek to work together."
"I was very impressed how well the the Passport 4000 immediately
complements the Video Toaster," said Tim Jension, founder, owner and
president of NewTek. "The Video Toaster equipped with the Passport 4000
is going to bring desktop television production to vast new markets."
The Passport 4000 converts from one standard to another with a new "pass
through" interpolation technique that does not degrade the signal. The
Passport 4000 also offers time base correction/synchronization, digital
effects, and adds AT bus expansion slots for the Amiga 4000. The time base
corrector/synchronzier can transcode composite or Y/C out and features an
ultra-stable freeze frame/field.
NewTek + Prime Image = Emmy2
Hendershot invented digital time-based correction 20 years ago. Prime
Image has built on this core technology and expanded its application
throughout the video industry. Jenison invented the Video Toaster and
introduced it in 1990 and it quickly became the standard for inexpensive,
broadcast quality television production. The engineering Commmittee of
the Academy of Television Arts & Sciences have awarded the Emmy for
Technical Achievement to both NewTek and Prime Image.
The products are currently shipping. NewTek (booth #11050) and Prime
Image (booth #17184) will be demonstrating the products at the National
Association of Broadcasters Convention in Las Vegas, March 21-24.
Contact: Jud Alford
NewTek, Inc. announces ScreamerNet
Las Vegas, March 20, 1994 - NewTek, Inc., the company that brought
professional video and animation production to the masses with the Video
Toaster introduces ScreamerNet for LightWave 3D users.
ScreamerNet is the evolution of the Screamer rendering hardware
announced last August. "As we pursued development of the Screamer
hardware it became evident that high speed processors were quickly
becoming commodity items." said NewTek President Tim Jenison. "Rather
than NewTek trying to keep up with the hardware wars we decided to release
software that will allow LightWave users to select the rendering machine
of their choice."
ScreamerNet is a rendering software package that allows LightWave 3D users
to take advantage of the rendering power offered by workstations from a
variety of vendors. The software is Windows NT compatible and will support
hardware that utilizes Intel, MIPS and DEC Alpha processor chips.
ScreamerNet's suggested retail price is $1995 and will support up to eight
"LightWave 3D has become the animation package of choice for most of the
cutting edge action shows in Hollywood," stated Jenison. "Television
programs such as seaQuest DSV, Star Trek: The Next Generation, Babylon 5
and RoboCop are using the Video Toaster and LightWave 3D to push the
envelope of visual effects. With the introduction of ScreamerNet they
will have access to the rendering power they need to completely redefine
the standards for effects in television and film production."
"As the makers of revolutionary products like Video Toaster and the new
Video Toaster Flyer, NewTek means high technology at an unbelievably low
price point," said NewTek's Marketing Director Donetta Colboch. "While
ScreamerNet represents a dramatic breakthrough in 3D rendering
price/performance, it's designed and priced for the professional
NewTek will be showcasing the ScreamerNet software at the National
Association of Broadcasters Convention, March 21-24 in Booth #11050.
Contact: Jud Alford
NewTek stuns NAB with the introduction of
the Video Toaster Flyer tapeless editing system
Las Vegas, March 20, 1994 - NewTek, Inc., the pioneers of the desktop
video industry, announce the Video Toaster Flyer, the first D2 quality
tapeless editing system. With the Flyer priced at $3995, NewTek once
again shatters the price/performance standards for broadcast quality
video production just as they did with the release of the Video Toaster
"When we originally conceived the idea for the Video Toaster it was to
provide all the tools necessary to create broadcast quality television
at a price almost anyone could afford." said Tim Jenison, NewTek
President. "With the introduction of the Video Toaster Flyer we have made
the tools even more accessible, reducing the cost of production by an
order of magnitude."
The Video Toaster Flyer is the result of more than seven years of intense
research and development. The Video Toaster Flyer offers D2 quality video
and CD quality audio editing in a tapeless, non-linear environment. The
Video Toaster Flyer tapeless editor allows the user to dial in the video
quality, up to lossless D2 quality. All video data is stored on computer
hard drives that allow the user to access particular segments
instantaneously without having to shuttle from one point to another as in
traditional tape editing. The system employs an easy to use, drag and drop
The breakthrough technology in the Video Toaster Flyer is NewTek's
revolutionary new VTASC compression algorithm. VTASC sets a new
standard for hard disk based video compression by combining D2, broadcast
quality video with unprecedented compression ratios. NewTek is currently
in discussions with a number of vendors looking to license VTASC and
Video Toaster Flyer technology.
The Video Toaster Flyer continues NewTek's tradition of providing easy to
use, broadcast quality video production tools, at unbelievably low prices.
The complete Video Toaster Flyer system provides the ability to
incorporate all of the tools from the Video Toaster; digital video
effects, paint graphics, titles and animations directly into productions
edited from one simple interface. For Toaster LightWave 3D users, the
tapeless editor will allow the blending of moving video easily and
seamlessly into animated video productions.
NewTek will be demonstrating the Video Toaster Flyer at the National
Association of Broadcasters Convention, March 21-24 in Booth #11050.
Contact: Jud Alford
Video Toaster Developers' Conference
Las Vegas, March 20, 1994 P NewTek Inc., developers of the Video Toaster
and the new Video Toaster Flyer, today announced plans for a national
Video Toaster Developers' Conference. The Conference will be held in Los
Angeles this fall as part of Avid Publications' Video Toaster Expo. Avid
Publications is the publisher of Video Toaster User magazine.
RItUs the right time for a developers' conference.S according to NewTek
President Tim Jenison. RWith the upcoming release of our D2 quality non-
linear editor, the Video Toaster Flyer, the Toaster really becomes a
complete video production studio that fits on a desktop. We see great
opportunities for third-party development of additional tools for the
system. Professional producers can expect to have the FlyerUs lossless D2
quality output working in conjunction with the edit controllers, decks,
and effects devices they already use."
The conference is an important milestone for the Toaster, said Jim Plant,
President of Avid Publications. An entire industry has exploded around
the Toaster since its release three years ago, and with new products like
the Video Toaster Flyer, the growth in this market will accelerate even
faster than analysts have predicted.
For futher information contact NewTek, Inc. (800) 847-6111 or Avid
Publications (408) 774-6777.
AugmenTek announces MultiVol Mirror v1.0
MultiVol(TM) Mirror makes a copy of or "mirrors" a file to one or more
volumes as the file is being written the master volume. Any "file"
that can be opened for writing can be mirrored, including the
console/shell (input is also mirrored). Normally, you would map one
master volume (e.g., a disk) to one mirror volume (or directory on the
same volume). The full path to a real file is constructed on the
mirrored volume(s), as well as file comments and protection.
All you need to do is set up the mapping of master volume to mirror
volume -- you can use MVM's drag and drop graphical user interface to
do this -- and use MVM: before the name of the file to mirror (or in a
file requester). It's that easy.
Using MultiVol Mirror (MVM), you can:
* partially recover from accidentally overwriting a file (getting back
an earlier version)
* completely recover from deleting a master file and disk failures, to
the extent MVM was used
* automatically backup any file every time the file is written
* transparently record shell or console input and output
* safely use RAM as a fast disk
With RAM specified as the master volume and your hard drive or
diskette as the mirrored volume, you can edit a file in RAM,
benefitting from fast loads of the file. When you save it, it is
placed both in RAM and on the hard drive/diskette automatically.
* view the contents of any file as it is being written
* map more than one master volume to more than one mirror volume
* AmigaDOS/Kickstart(TM) 2.04 or higher needed
MultiVol Mirror 1.0 and online hypertext documentation: $45.
INTRODUCTORY OFFER (until Nov. 1, 1994): $30.
All prices are in U.S. currency.
Shipping/handling is $3.00 in the U.S., $5.00 elsewhere. WA state
residents add 8.2% sales tax. Terms are checks or money orders drawn
on a U.S. bank and made out to AugmenTek. Sorry, no credit cards.
3606 S. 180th St. C-22
SeaTac, WA 98188-4339
Contact: Stephen Rondeau
This is a commercial product, and is not re-distributable.
MultiVol is a trademark of AugmenTek.