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PANJA INTRODUCES NEW PRODUCTS AND SERVICES
THAT DELIVER INTERNET ENTERTAINMENT, INCLUDING MP3, TO TVs, STEREOS ... AND MORE
Panja 1000 Entertainment Gateway Delivers Internet Audio, Video, Radio to Home
Entertainment Systems Through Breakthrough EP3TM Technology
Dallas, TX, July 19, 1999 -- Creating a whole new market for entertainment, Panja announced today it is giving consumers instant random access to exploding Internet audio and video content ... and sending it right to the entertainment devices in our homes today.
The companys Panja 1000 entertainment gateway is a new system that installs in homes and connects the Internet directly to existing stereos, TVs, and VCRs through a Panja/Cisco branded cable modem (see related release). The company is also announcing the Panja 2000 home control and information gateway. Panja 2000 provides total home control and enables the delivery of Internet information to non-PC displays including wireless touch-panels and LCD keypads.
"We share a common vision of the importance of extending broadband connectivity to and within the home, and giving consumers fast, easy access to valuable content and services,"
said Robba Benjamin, vice president and general manager of Cisco Systems Consumer Line of Business
"We believe we are at an inflection point, literally changing how we are entertained,"
said Panja Chairman John McHale.
"At the touch of a finger on a sleek, wireless hand-held panel, Panja delivers instantly to our stereos, TVs, and VCRs the incredibly vast entertainment on the Internet. The PC is no longer exclusive intermediary for the Internet."
To make it possible, Dallas-based Panja today unveiled breakthrough technology called Entertainment Processing Level 3 (EP3TM). EP3 is the "magic" inside of the new Panja 1000 entertainment gateway, through which Internet entertainment is directed to homes. EP3 selects and decodes MP3, MPEG, Real Audio, Real Video and other encoding schemes.
"Imagine instant access to any song or video you want, without loading a CD or going to a store,"
said Panja CEO and President Joe Hardt.
"And you can pull down to the stereo in your living room any radio station broadcast from anywhere in the country, like having a ten-mile high antenna on your roof. Access anywhere, anytime to any music you want."
Panja will be delivering three subscription services this fall:
Many of these services are delivered in partnership with Infoseek (see related release).
"Infoseek is excited about having Panja as a new distribution channel,"
said Infoseek Chairman Steve Kirsch.
"This is win-win for everyone -- for Panja, for Infoseek but most of all for the consumer."
Panja has priced the Panja 1000 to be affordable by the broader market. The Panja 1000 entertainment gateway solution, including touch-panel and EP3 engine will ship this fall. US list price is $2495. Panja 2000, available in the fall, will be priced at a later date.
Panja is the leader in extending the Internet beyond the PC. Panja holds coding knowledge of more than 20,000 appliances and devices, and is worldwide leader in network and control technology for residential, commercial and educational applications. With nearly 1,600 consumer and enterprise dealers and 16 years of control and automation experience, no other company has a deeper understanding of the Internet as it relates to consumer and commercial appliances.
Infoseek, founded in 1994, integrates Internet services with leading consumer brands, creating a global media network that enriches peoples daily lives. These services include Infoseeks award-winning search engine; commerce connections from more than 2 million products from hundreds of retailers and service providers, and original programming content from leading consumer brands like ABC, Disney, ESPN and ZDNet.
Cisco Systems the worldwide leader in networking for the Internet. Ciscos networking solutions connect people, computing devices and computer networks, allowing people to access or transfer information without regard to differences in time, place or type of computer system. Cisco provides the broadband capability needed to bring the Net home to Internet appliances. Cisco Systems is on the Web at www.cisco.com.
Panja ( www.panja.com ) is extending the Internet beyond the PC and for the first time linking home and business appliances seamlessly and meaningfully to Net content and services. Panja is a new type of Internet company, with leading-edge technology that is slashing the bonds of the PC and cutting through marketplace clutter to offer remote control solutions for the Broadband IP home and business. Panja is creating a whole a whole new market for entertainment and creating opportunity for content providers, people who build broadband infrastructure and consumers. Panja is cutting away the complex technology currently required to unleash the potential of the Internet and to replace it with simple, intuitive devices that allow consumers to focus on the Nets information and its practical uses.
| Contact: | Cynthia Jarvis | Mark Polzin |
| AMX Corporation | Fleishman Hillard | |
| (800) 222-0193 | (314)982-1758 | |
| (972) 644-3048 | polzinm@fleishman.com | |
| cynthia.jarvis@amx.com |
1.877.232.6923 for Panja Sales
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