Grass Valley Group Announces Major Orders From Worldwide Market Leaders

Merrill Lynch, NYSE, New York Times among those ordering Kalypso Video Production Center, Profile XP Media Platform, routing and modular products

Las Vegas (National Association of Broadcasters Convention), April 23, 2001 — Underlining the broad appeal of its next-generation digital products, the Grass Valley Group today announced major orders from a diverse group of worldwide market leaders. This group includes Merrill Lynch, one of the largest financial management and advisory companies; National Mobile Television, a supplier of remote mobile television trucks for broadcast, cable, and corporate television program production; the New York Stock Exchange; the New York Times, a diversified media company; and Primedia, a multi-billion dollar targeted media company.

Today's announcements are part of the Grass Valley Group's Media Without Bounds™ initiative to enable digicasters to get any content, anywhere, any time. Offering open, integrated solutions that drive workflow and capital efficiencies, the company is helping its customers build flexible, powerful, and future-proof digital infrastructures and production operations.

"Our Digicasting solutions are helping media companies of all stripes take advantage of tremendous workflow and capital efficiencies," said Tim Thorsteinson, president and CEO of the Grass Valley Group. "This kind of customer diversity means that in the not too distant future, when you're watching high-quality video on television, your computer, in the mall, or at the movie theater, you'll be watching the Grass Valley Group's products at work."

Orders Touch All Product Lines

The domestic orders announced today include those from:

Benedek Broadcasting Corporation, owner and operator of 23 network-affiliated television stations throughout the United States, which has begun to standardize on the Grass Valley Group's Vibrint™ Digital News Production Workgroup. Designed for speed and efficiency, this solution includes the Vibrint NewsEdit™ nonlinear editor, the FeedClip™ system for news ingest, and the Vibrint NewsQ™ player.

KLAS-TV, a CBS affiliate owned and operated by Landmark Communications, Inc. in Las Vegas, which has purchased three Profile® XP Media Platform systems, nine Vibrint NewsEdit editors, a Grass Valley™ 7500 WB wideband router and 7500 NB narrowband router, an M-2100 master control system, and Grass Valley modular products as part of its transition from analog to digital. The entire system and integration is being handled by Beck and Associates.

Merrill Lynch, one of the largest financial management and advisory companies, which purchased a Kalypso™ Video Production Center system for use in its in-house production studio. The order reflects the strong, continued worldwide momentum for the next-generation switcher system, of which the company has shipped over 150.

National Mobile Truck Company, the world's largest supplier of remote mobile television trucks for broadcast, cable, and corporate television program production, which has purchased four Kalypso Video Production Centers systems.

New York Stock Exchange (NYSE), one of the largest financial marketplaces, which has deployed a new Grass Valley 7500 WB wideband routing frame to handle the growing number of feeds it provides to media organizations worldwide—and to provide a well-defined, scalable path for future growth.

The New York Times Company, a diversified media company, which will standardize all its broadcast properties on the Kalypso Video Production Center. Those properties include WHNT-TV, Huntsville, Ala.; KFSM-TV, Fort Smith, Ark.; WHO-TV, Des Moines, Iowa; WQAD-TV, Moline, Ill.; KFOR-TV, Oklahoma City, Okla.; WNEP-TV, Scranton, Pa.; WREG-TV, Memphis, Tenn.; and WTKR-TV, Norfolk, Va.

Primedia, a multi-billion dollar targeted-media company, which has installed a Grass Valley SMS-7000 routing system, several Profile XP Media Platform systems, and a variety of 8900 Series modular products to help it deliver custom streams of video programming via satellite to subscription customers.

Overseas Oders Continue To Mount

Overseas, Grass Valley Group reported orders from:

Australia Broadcast Corporation, an Australian national television network, which recently installed the Grass Valley Media Area Network™ (MAN) real-time, shared-storage system. Leveraging the strength of the Profile XP Media Platform, the MAN system provides users simultaneous access to high-quality video and Windows NT tools for manipulating that video.

Ten Network, an Australian national television network, which placed a substantial order for the Profile XP Media Platform and the Grass Valley MAN real-time, shared-storage system to expand its channel capabilities and storage capacity without disrupting its current operations. Leveraging the strength of the Profile XP Media Platform, the MAN system provides users simultaneous access to high-quality video and Windows NT tools for manipulating that video.

Régions, the leading cable and satellite channel based in Lyon, France, which recently implemented a Profile Network Archive (PNA) architecture. The installation of the PNA will enable the station, which draws material from 24 regional stations, to make the best possible use of its assets and resources.

YLE, a Helsinki, Finaland-based national public service broadcast company, which has gone to air from a new multi-channel continuity suite that features a standard-definition Profile XP Media Platform. The platform will be used to play-out program trailers, interstitials, and other short-form material. The new installation also includes the Grass Valley M-2100 master control system that will carry out the final stages of on-air quality control.

About Grass Valley Group Products

The Grass Valley Group's next-generation products include:

Grass Valley Media Area Network, an open, real-time, shared-storage system that leverages the strength of the Profile XP Media Platform. Unlike limited, proprietary offerings, the Grass Valley MAN system offers simultaneous access to high-quality video and Windows NT tools for manipulating that video—and a smooth transition to high-definition (HD) signal processing.

Kalypso Video Production Center family, which combines industry-leading switching and powerful mix/effects capabilities with an open, networked architecture that offers a precedent-setting degree of operational integration. All from a familiar Grass Valley interface.

Profile XP Media Platform, the most open solution available, supporting the high-quality video standards required for broadcast television and low-resolution video required for the Internet, as well as for MPEG, DVCPRO, HD and MPEG Transport Streams (MTS) formats. And it serves as the foundation for the Grass Valley Group's Web Media Publishing solution for getting material on the Web with drag-and-drop ease.

Series 7500 routing systems, which offer guaranteed, non-blocking, deterministic switching of standard-definition (SD) and high-definition (HD) signals as well as many other data types. The Series 7500 WB wideband system, for example, can switch any and all digital formats—from 10 Mb/s to 1.5 Gb/s. And the 7500 NB system can route serial digital data up to 50 Mbps, making it a perfect low-power and low-cost solution for routing low-bandwidth signals.

8900 Series modular products, which provide the critical functions necessary to move from analog video to digital video and analog audio to AES/EBU digital audio, as well as critical timing and distribution functions.

Vibrint Digital News Production Workgroup. Designed for speed and efficiency and tuned for news, the Vibrint Digital News Production Workgroup includes the Vibrint NewsEdit™ nonlinear editor, the FeedClip™ system for news ingest, and the Vibrint NewsQ™ playback system.

About The Grass Valley Group

The Grass Valley Group knows more about high-quality video than anybody else-especially as video goes digital. The Internet. Digital cinema. Data-enhanced broadcasting. Interactive television. It's a world of Digicasting-one that demands Media Without Bounds™ solutions. Whether online or on the air, the Emmy® award-winning Grass Valley Group, a privately held digital media leader, has the hardware, software, and new media technologies to get content wherever it needs to go.

For the latest Grass Valley Group product information, visit www.grassvalleygroup.com.

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