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Thursday, January 9, 2003
 Petters Group launches Polaroid DVD/CD-W Player/Recorder; First-of-its-kind unit features Ethernet compatibility
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Message Text: The Petters Group today announced the launch of the DVD-DVR 700 Player/Recorder under the Polaroid® brand. This new product allows users to record video content to a CD-rw and replay it on most home DVD players. It also has the capability to download, record and stream Windows Media 9 Series content from disc and the internet to a Polaroid® home entertainment system. The new product can be viewed at the Petters Group/Polaroid booth #16625 at the 2003 Consumer Electronics Show in Las Vegas

The technology used for the new product is supported by Aeon Digital, Equator Technologies and Microsoft® Corporation's Windows Media 9 Series. Aeon Digital Corporation's Hardware Set includes the DVD playback subsystem and a CD-R playback/record subsystem. Equator Technology's chip runs the CD drive and works with Microsoft's® Windows Media 9 Series to allow playback and recording. All of these technologies work together in the new Polaroid® DVD-DVR product distributed exclusively by the Petters Group.

The new Polaroid® DVD-DVR unit features a dual DVD player/CD-rw burner device, the capability to stream Windows Media 9 content both from disc and the internet to the Polaroid home entertainment system. The Polaroid® DVD- DVR 700 is the industry's first consumer DVD product to support consumer created content with Windows Media 9 Series Video. The Polaroid® DVD-DVR 700 allows consumers, for the first time, the ability to share media with the PC and stream their favorite Windows Media 9 Series content directly to their TV.

"We are very pleased to be the first to introduce this cutting edge technology to consumers in a reliable, easy-to-use and affordable way through the Polaroid® DVD-DVR 700. Our entire line of Polaroid® brand consumer electronics has been designed to offer consumers the latest technology at affordable prices," said Tom Petters, Chairman and CEO of the Petters Group, which has the exclusive license to distribute the Polaroid® brand of consumer electronics.

Giovanni D'Andrea, CEO of Aeon Digital Corp. states, "Aeon Digital is the first company to license out a hardware set that encompasses Windows Media 9 Series Video encoding. We are thrilled to be working with Microsoft and Equator Technologies to deliver the Next Generation in DVD players to the consumer. We are extremely pleased that the Petters Group has chosen to include our hardware set in their recently announced line of Polaroid consumer electronics."
 
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