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News Iomega REV Drive Technology Debuts in New Recording and Storage Devices at IBC (26/9/2005) Grass Valley Announces REV Pro Drives and Disks as Standard in IT-Based Infinity Series of Camcorders, Recording, and Storage Devices Iomega Corporation (NYSE: IOM), a global leader in data storage celebrating 25 years of business, today announced the introduction of the rugged Iomega REVª Drive portable storage system as a built-in storage standard in a series of new IT-based line of next-generation Grass Valley acquisition, recording and storage devices. At the International Broadcasting Convention (IBC) in Amsterdam, Grass Valley, a recognised leader in broadcast and professional acquisition and production, is unveiling its new Infinityª Series of products that incorporate Iomega's REV technology as a new recording medium. The Grass Valley Infinity Digital Media Camcorder and Infinity Digital Media Recorder include the new REV Pro drive and removable disk to provide the portability and cost-effectiveness of videotape with the speed, flexibility and ease of use of non-linear hard drive technology. The Grass Valley products are the first such products to use off-the-shelf Iomega REV removable disks as recording and playback media. REV Pro 35GB* disks will allow users to record more than two hours of SD (standard definition) or 45 minutes of HD (high definition) video with complete flexibility in the use of encoding and compression schemes. "Iomega's REV drive offers the professional audio/visual markets a superior cost-effective storage platform with remarkable capacity, throughput, and durability," said Werner Heid, president and CEO, Iomega Corporation. "Grass Valley's new breakthrough products showcase the superior capabilities of REV technology for professional storage needs in this market." Grass Valley's new REV Pro hardware is based on the Iomega REV 35GB drive, introduced in April 2004. To date, over 125,000 REV drives and 600,000 REV disks have been sold by Iomega to individuals, small businesses, government agencies and corporate offices as portable backup and archive storage solutions. Grass Valley's REV Pro disks will offer users superior performance at wide extremes of humidity, temperature and altitude. Master and user passwords provide content security with guaranteed corporate access. Each Grass Valley REV Pro disk will come preloaded with software for viewing, editing and metadata modifications on any PC. "Our collaboration with Iomega to create the Grass Valley REV PRO disk has achieved one of the great goals of our industryÑa completely open and extremely affordable recording medium for acquisition," said Marc Valentin, president of the Grass Valley business within Thomson. "With REV PRO we can deliver true random access while reading writing without losing portability or making the user pay a high price." Pricing and Availability Grass Valley REV PRO storage disks are expected to be available in Q4 2005 in 10-packs for approximately $75 per 35 GB disk. The Grass Valley Infinity Digital Media Camcorder is expected to be available in Q1 2006, with prices starting at $20,000 US. The Grass Valley Digital Media Recorder is expected in Q2 2006 at a price of $10,000 US.
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