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DVD-R7322 Brings Genuine DVD Recordable Technology and Enhanced Performance to Mass Storage Applications |
| LONG BEACH,
Calif.--(BUSINESS WIRE)--April 30, 2002--Pioneer Electronics (USA) Inc., the leader in
recordable DVD technology, today announced the DVD-R7322, a DVD/CD recordable,
re-recordable drive available as the next generation of DVD/CD recording for the existing
DRM-7000, 720-disc DVD-R/RW jukebox. Beginning today, customers can utilize features such as an enhanced DVD-Recording speed of 2X, new DVD-RW (re-recordable) capabilities and a slimmer, half-height form factor. In addition, the drive offers CD-R write capabilities, as well as DVD-ROM read support. "The multiple format support of this next-generation drive provides new vertical opportunities for the DRM-7000 FlexLibrary(TM)," said Paul Meyhoefer, director of sales and marketing for the mass storage group at Pioneer Electronics (USA). "The DVD-R7322 is ideal for enhancing existing Pioneer jukebox applications, as well as providing the best-available features for new applications." The DVD-R7322 will be available through the Pioneer authorized distribution network at a manufacturer's suggested retail price (MSRP) of $4,995. Combined with the new lower cost of its DVD-R and DVD-RW media, Pioneer has provided users with a cost-effective solution for a wide array of applications. Pioneer is a member of the DVD Forum, the standards organization for
DVD. The company supports the DVD Forum's DVD-R and DVD-RW formats. DVD-R is a write-once
format that is compatible with most DVD Video players and DVD-ROM drives, and DVD-RW is a
re-recordable format that allows users to record, erase and re-record DVD discs more than
1,000 times. As formats approved by the DVD-Forum, DVD-R and DVD-RW provide genuine DVD
technology for optimal playback compatibility. Pioneer Electronics (USA), Business Solutions Division, Mass
Storage Group
Pioneer's Mass Storage Group is a leading supplier of DVD-Recordable drives, as well as automated DVD library systems and M-O and WORM multifunctional optical drives and media. The Business Solutions Division provides professional business-to-business products across a wide range of markets including cable television, professional video/audio, educational, medical, legal and banking. Pioneer Corp. is a leader in optical disc technology and a preeminent manufacturer of high-performance audio, video, computer and cable equipment for the home, car and business markets. The company focuses on four core business domains including DVD, display technologies, Digital Network Entertainment(TM) and components. Founded in 1938 in Tokyo, Pioneer employs more than 31,000 people
worldwide. Its shares are traded on the New York Stock Exchange (NYSE:PIO - news). Pioneer Electronics' U.S. headquarters
is located in Long Beach, and its U.S. Web address is www.pioneerelectronics.com.
Contact: The T&O Group, Irvine, Calif.
Allison Smith or Bryan Sherlock, 949/833-8006
asmith@topr.com or bsherlock@topr.com
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