Pinnacle Systems (NASDAQ:PCLE)
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Pinnacle Systems and CNN Complete First Two Phases of Vortex News
Deployment
MOUNTAIN VIEW, Calif., March 31 /PRNewswire-FirstCall/ -- Pinnacle Systems(R),
Inc. (NASDAQ:PCLE), a leader in digital video solutions, and CNN LP, LLLP, a
subsidiary of Time Warner, Inc. (NYSE:TWX), today announced that the first two
phases of the installation of Pinnacle's Vortex news system at two CNN
locations have been completed. A revised third phase of the project enlarging
the facilities and providing some integration options for CNN is scheduled for
completion in January 2006.
Pinnacle's Vortex system is located at the CNN Center in Atlanta and the Time
Warner Center at Columbus Circle in New York. The Vortex system has been
on-air continuously in Atlanta since November 2003 and New York since April
2004.
"We are very proud to provide a consistently dependable product that supports
CNN's business," said Patti Hart, chairman and chief executive officer. "We
are happy to bring the first two phases of the project to a successful close
and continue on with this third phase."
Pinnacle and CNN are building a large-scale, fault-tolerant, end-to-end news
production solution that will allow CNN to stay ahead of news industry demands
by migrating to a data-centric, tapeless workflow for the majority of daily
production in New York and Atlanta. The system will also support and allow
users to manage file-based media movement within and between the New York and
Atlanta facilities over a wide area network.
Upon completion of the third phase, the overall system will consist of 105
Pinnacle Vortex Input/Output devices for ingest of field video, ENG and SNG
feeds, as well as play-to-air channels. The system core is comprised of: 34
Liquid Blue Editors, 150 Proxy browse and edit clients in New York, 35 proxy
edit clients in Atlanta, and more than 2700 hours of redundant on-line storage
of DV video.
About Pinnacle Systems
Pinnacle Systems provides broadcasters and consumers with cutting-edge digital
media creation, storage, and play-back solutions for use at Home, at Work and
on the Air. Pinnacle Systems' award winning digital media solutions are in use
around the world for broadcast, video editing, DVD and CDR authoring and on the
Internet. A recognized industry leader, the company has received nine
prestigious Emmy Awards for its technical innovations and carries this
commitment throughout all of its product lines.
About CNN
CNN, a division of Turner Broadcasting System, Inc., a Time Warner Company, is
one of the world's most respected and trusted sources for news and information.
Its reach extends to 14 cable and satellite television networks; two private
place-based networks; two radio networks; wireless devices around the world;
six Web sites, including CNN.com, the most-trafficked news and information site
on the Web; and CNN Newsource, the world's most extensively syndicated news
service.
DATASOURCE: Pinnacle Systems
CONTACT: Amy Whelan, Corporate Communications Manager for Pinnacle
Systems, +1-650-237-1631, or
Web site: http://www.pinnaclesys.com/