PINNACLE SYSTEMS AGREES TO ACQUIRE STEINBERG MEDIA TECHNOLOGIES
MOUNTAIN VIEW, CA and HAMBURG, GERMANY, December 18, 2002?-Pinnacle Systems, Inc. (NASDAQ: PCLE), announced today that it has entered into a definitive agreement to acquire all of the stock of Steinberg Media Technologies AG based in Hamburg, Germany. Steinberg specializes in digital audio software solutions for consumers and professionals. The companies expect to close the transaction in early January 2003 and have agreed on a total purchase price of approximately $24 million, consisting of $8.2 million in cash and $15.8 million of Pinnacle Systems common stock. At closing, Pinnacle Systems will acquire all products, software, and intellectual property rights, along with all other assets and liabilities of the company. Pinna ...

It certainly appears to be the season for gift giving, and Propellerhead Software and Primesounds are not to be caught napping.
As a registered user, you will receive a download account on PrimeSounds.com that will allow you to download 100MB of samples. Primesounds has more than 48000 samples available for instant download. The samples are categorized based on styles, instruments, format, key, tempo etc and the easy to use search engine lets you find what you need in this massive collection of sounds.
Starting today, Propellerheads will begin sending out the instructions and registration codes needed to get access to the PrimeSounds web site. They're not sending out the codes to all registered users at the same time, since they don't want to swamp the PrimeSound's servers. You will receive your personal code via email within a few days.

Merry Christmas and a Happy New Year to one and all!

M-Audio has announced Revolution 7.1, the first high-definition 7.1 surround sound card providing up to eight channels of professional 24-bit/192kHz audio with consumer-oriented features. Revolution 7.1 allows PC and Mac owners to play DVDs and music in surround sound, experience more realistic gaming, and record or mix their own music.

The included Dolby Digital EX DVD player (WinDVD 4) allows listeners to immerse themselves in today's highest quality DVD surround sound. Revolution 7.1 fully supports stereo, 3.1, 4.1, 5.1, and 6.1 formats as well, and also supports Microsoft Windows Media Audio 9 Professional for discrete multi-channel audio over the Internet.
Built-in SRS Labs' Circle Surround II technology instantly transforms CDs, MP3s, and other content into surround sound, dynami ...

Celemony announced that Melodyne 1.5 Audio Editing Software (Mac/PC) is now shipping. Melodyne 1.5 combines Celemony's musical algorithm technology (Local Sound Synthesis) with enhanced editing flexibility. Besides new synthesis and playback algorithms, triplet handling and new editing tools, the melody detection has been extended with new parameters.

Quad Frohmage is released online on 13th December!

Warm Regards,
Goldy