SOURCE: Prime Image, Inc.

May 04, 2006 09:45 ET

Prime Image, Inc. Receives Superior Technology Award at the National Association of Broadcasters 2006 Annual Show

Company Receives Award for Its Patented Time-Reduction Technology

SAN JOSE, CA -- (MARKET WIRE) -- May 4, 2006 -- Prime Image, Inc., an innovative manufacturer and marketer of high quality, patented, corporate and digital broadcast systems, today announced that it received the prestigious STAR Award (Superior Technology Award Recipient) from TV Technology for its Time Tailor Post HD/SD system. The award, designed to celebrate and showcase the preeminent technological innovations available to the broadcast industry, was presented to the company at the recent NAB 2006 show in Las Vegas, Nevada.

"We are honored to have our technology recognized by digital television authority TV Technology," commented Prime Image CEO, Peter J. Jegou. "This award confirms our company's market vision, engineering creativity, and position as an innovator and technology leader in the television broadcast market. We look forward to showcasing new products at next year's NAB show, leveraging our 'Powered by Prime' technology platform to meet the demand of our customers and partners, and drive Prime into emerging markets."

"Our panel of editors walked the show floor in search of innovative and ground-breaking new products," said Tom Butts, TV Technology editor. "The products and technology we selected made the cut -- they demonstrated their ability to help advance the acquisition and dissemination of audio and video in the professional video marketplace."

About Time Tailor Post HD/SD

To minimize the time intensive process of repurposing media for the syndication market, Time Tailor Post HD/SD users rely on Prime Image's patented time reduction technology to make time-reduction easier, faster, and more efficient than the vari-speed and hard edit methods. The Time Tailor Post HD/SD patented time-reduction system reduces program run time without content loss through hard edits and devoid of the artifacts usually introduced by varying the speed of the VTR. The Editware Fastrack TT interface allows real-time automated control over the process, and synchronizes the Time Tailor HD/SD with source and record devices.

About TV Technology STAR Award

Now in its seventh year, the STAR Awards (for Superior Technology Award Recipient) are designed to celebrate and showcase the preeminent technological innovations available to the broadcast industry. A panel of judges consisting of TV Technology editors and columnists reviewed a variety of products, examined the technical applications and their overall contribution to the industry, and then submitted their award nominees.

About Prime Image, Inc.

Prime Image, Inc., a Harbor Business Group Company, is a leading provider of high quality, state-of-the-art broadcast, corporate, and industrial audio/video equipment. The company designs, manufactures and sells transcoding time base correctors, synchronizers, digital standards converters, audio delays, video delays, computer video products and patented time-reduction/editing equipment currently utilized in product houses and post-production facilities of industry giants including NBC, FOX, CNN, ABC, Sony, CBS, and more. For more information on Prime Image, please visit www.primeimageinc.com.

About Harbor Business Group

Harbor Business Group, LLC (HBG) is a private equity investment firm providing early stage and emerging growth companies with investment banking, financing to drive growth, and strategic consulting. HBG is exploring possible acquisitions, business combinations, and joint ventures in the Broadcast Industry. HBG is looking for companies that possess strong management and technical teams with deep industry knowledge, experience, and a history of developing market-leading products. Such companies need to be poised to experience financial growth through beneficial operating leverage, product line expansion and/or introduction of new distribution channels.

For more information, please contact:
Peter J. Jegou
pjegou@harborbusinessgroup.com
or visit the web site:
www.harborbusinessgroup.com

Contact Information

  • Investor Relations Contacts:
    Mark D. Tullio or Marty Tullio
    McCloud Communications, LLC
    949.553.9748
    Email Contact
    Email Contact

    Media Relations Contact:
    Elizabeth Fjeldheim
    Vice President Marketing
    Prime Image, Inc.
    Tel. 408.867.6519, Ext 105
    Email Contact