Recording

Philips, Crest National Bring SACD Plant to U.S.

Royal Philips Electronics and Crest National announced a partnership agreement to develop a Super-Audio CD hybrid disc production line to be installed 7/01/2002 8:00 AM Eastern

Royal Philips Electronics and Crest National announced a partnershipagreement to develop a Super-Audio CD hybrid disc production line to beinstalled in Crest National's replication facilities in Hollywood.

The production line is scheduled to be installed this summer, withfull production byh fall of this year. The first line will have aproduction capacity of 3 million SACD hybrid discs a year, with morelines to follow, according to Philips.

According to Philips, this is the first SACD hybrid disc productionline to be established in the U.S., and will increase the availablehybrid disc-manufacturing capacity to meet the rapidly increasingdemand for this new medium. The agreement also includes post-productionactivities in SACD authoring.

"Philips is pleased that SACD hybrid disc production will now beinstalled by one of the leading disc replicators and post-productionfacilities in the world," said Jos Bruins, Philips marketing directorfor the Super-Audio CD format. "This is an important part of the nextphase of the roll out of SACD into the mass market."

"Crest National is pleased to be taking a leading role in SACDhybrid disc manufacturing," said Ronald E. Stein, president of CrestNational. "We welcome the opportunity to partner with Philips to bringthis exciting new medium to North America. It is a further reflectionof Crest's experience and expertise in implementing new technologiesand bringing high-quality products to the world's most demandingcustomers."

For more, visit Philips online at www.philips.com or Crest National at www.crestnational.com/.