REPLAYTV JUMPS FURTHER AHEAD OF THE COMPETITION

Another Giant Leap Forward in Personal Television… -- "Show/Nav™" Joins ReplayTV's Powerful Set of "JumpIt™" Viewer Control Features, Giving Users Even More Exciting Ways To Navigate and Enjoy Programming Content --

SANTA CLARA, California, October 7, 2003 - ReplayTV®, the inventor and creator of personal television, continues to innovate its premium -quality Digital Video Recorders (DVR) with the addition of Show|Nav™, a powerful new viewer control feature. Show|Nav joins QuickSkip®, Instant Replay, and Jump Anywhere in ReplayTV's industry -leading JumpIt™ set of viewer control features.


Show|Nav lets ReplayTV DVR users navigate programs by segment, making it more intuitive and easier than ever before to quickly find and view precisely the scenes they want to enjoy.

With Show|Nav viewers can:
- Jump to any segment of a recorded program quickly, instead of hunting for it using fast -forward as with other DVR brands;
- Navigate quickly through their favorite news magazine TV show, arriving at any segment with just a few button clicks;
- Quickly restart scenes missed due to phone calls, snack breaks or other interruptions - a simple button press takes viewers right back to the beginning of the scene;
- View only the important fourth quarter of a football game by "jumping" right to it!

Jim Hollingsworth, president of ReplayTV, pointed out: "ReplayTV is committed to leading the industry with the most technologically advanced and most powerful DVRs on the planet. With the addition of Show|Nav to our JumpIt feature set, our DVRs put unprecedented control options in the hands of TV viewers and deliver a new level of intelligent control, enhancing the overall viewing experience in ways that were never before possible."

The Show|Nav feature will begin to be automatically downloaded to ReplayTV 5000 and 5500 Series DVRs via the ReplayTV Service in October 2003.


Only ReplayTV Has The JumpIt Feature Set!
The three other major features in ReplayTV's JumpIt viewer control feature set include:


- QuickSkip, which lets viewers instantly advance 30 seconds ahead while watching any recorded program;
- Instant Replay, which lets viewers jump back to review the last seven seconds (great for catching that missed snippet of dialogue);
- Jump Anywhere, which lets viewers jump forward or back by any number minutes in a recorded program. Fall asleep during the last portion of the movie? Just enter the number of minutes you wish to jump back and press Instant Replay. Want to go forward? Enter the number of minutes and press QuickSkip - you'll be precisely where you want to be.

In addition to the JumpIt viewer control features, ReplayTV 5500 Series DVRs lead the industry with unique features including progressive scan and digital audio outputs; superior recording features, such as One -Touch Record; First Run, the ability to only record first -run programs and skip repeats; and theme -based recording.

ReplayTV: The Simplest Personal TV Solution, and the Best Value
There are several reasons why ReplayTV DVRs offer the simplest solution for enjoying all the benefits of advanced personal television, and the best overall value. First of all, ReplayTV DVRs come with the ReplayTV Service fully activated at the time of purchase; no additional set -up call, credit card exchange, or activation process is required. After the initial three -years of included ReplayTV Service, you can extend it indefinitely for just 99c per month. By comparison, competitive DVRs charge a $12.95 monthly or $299 lifetime service fee and require payment upon activation. Consumers who choose the competitor's $12.95 monthly plan will spend 33% more than those who own a ReplayTV DVR over a three -year period, and more than double (112%) the cost of a ReplayTV DVR over a six -year period*. Adding even more value, ReplayTV DVRs include built -in broadband connectivity and ready -to -use home networking features for no extra charge. Competitive DVRs charge for these features, as well as requiring the purchase of additional accessories.

The ReplayTV 5500 Series is comprised of four high -performance DVRs, ranging in digital recording capacities from the 40 -hour Model RTV5504 to the 320 -hour Model RTV5532, the most powerful, highest -capacity DVR in the industry. The ReplayTV 5500 Series DVRs are currently available at the following suggested retail prices:

Model # Hard Disk Capacity Suggested Retail Price
RTV5504 40 hours $499.99
RTV5508 80 hours $599.99
RTV5516 160 hours $849.99
RTV5532 320 hours $1199.99

For more information please visit www.ReplayTV.com

About ReplayTV
ReplayTV is the inventor and creator of personal television and offers the most powerful DVRs on the planet. ReplayTV has earned over 20 prestigious awards including CNET's Editors Choice Award and is the winner of an Emmy for technological achievement. The company leads the DVR industry in groundbreaking innovations aimed at providing consumers with unmatched power and control in maximizing their TV viewing experience with the best performance and best value. Founded in 1997, ReplayTV is headquartered in Santa Clara, California. The ReplayTV® brand is owned by D&M Holdings U.S., Inc., through its wholly owned subsidiary Digital Networks North America, Inc.

ReplayTV and QuickSkip are registered trademarks of Digital Networks North America, Inc. MyReplayTV and ReplayZones are trademarks of Digital Networks North America, Inc.
Show|Nav is a trademark of and licensed by TeleVentions, LLC.

About D&M Holdings Inc.
D&M Holdings Inc. (TSE II: 6735) is based in Tokyo and is the parent company of wholly owned subsidiaries Denon Ltd., Marantz Japan, Inc. and McIntosh Laboratory, Inc. Denon, Marantz and McIntosh are global industry leaders in the specialist home theater, audio/video consumer electronics and professional audio markets, with a strong and long -standing heritage of manufacturing and marketing high -performance audio and video components. A wholly owned subsidiary of D&M Holdings U.S., Inc., Digital Networks North America, Inc. (DNNA), owns the ReplayTV®, Rio® and Escient® brands -all representing award -winning technologies in digital home entertainment. Additional information is available at www.dm -holdings.com

DISCLAIMER
Statements in this news release that are not statements of historical fact may include forward looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward looking statements involve a number of risks and uncertainties surrounding competitive and industry conditions, market acceptance for the company's products, risks of litigation, technological changes, developing industry standards and other factors related to the company's businesses.

A home network is required for streaming shows to another compatible ReplayTV inside your home. A PC connected to a home network is required to store and view digital photos with ReplayTV. 320 - hour recording capability is only available in the ReplayTV 5532 model. All specifications may be changed without notice.

* $12.95 monthly fee for other DVRs is based on current advertised monthly subscription offers. Stand Alone DVR Pricing: Tivo Series 2 DVR (w/lifetime service) - $548; ReplayTV 5504 $499 - MSRP

FOR MORE INFORMATION:
Media Contacts:
DBA Public Relations
Sara Trujillo John Muscari
+1 -212 -388 -1400 +1 -212 -388 -1400
strujillo@dba -pr.com jmuscari@dba -pr.com

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