GoVideo VR2940 DVD Recorder+VCR Wins 2005 Digital World Innovations Award

Market Wire, January, 2005

GoVideo was honored by Digital World, from the editors of PC World, with a 2005 Digital World Innovations Award for the VR2940 DVD Recorder VCR with YesDVD(TM). The 2005 Digital World Innovations Award winners were announced in the February 2005 issue of Digital World (online now and on newsstands January 18 with PC World) and will be presented with trophies at the ShowStoppers media reception at the MGM Grand Hotel in Las Vegas during 2005 International CES.

The GoVideo VR2940 DVD Recorder VCR is the world's easiest to use DVD recorder combination product. The VR2940 includes GoVideo's renowned consumer-friendly feature set, plus integrated YesDVD(TM) technology to enable consumers to easily turn their digital or analog camcorder footage into high-quality, feature-laden DVDs, complete with onscreen disc menus, intelligently selected chapters with picture thumbnails, and music videos, all with one easy-to-use unit.

The 2005 Digital World Innovations Awards recognize both benchmark and breakthrough products that set the standard for innovation with unique qualities that distinguish them from the pack. Digital World's editors compared hundreds of products before narrowing the field to the 15 winners.

"These are among the most inventive devices available, breaking the boundaries of the computer and consumer electronics worlds while pushing the limits of technology," stated Harry McCracken, editor-in-chief of PC World and Digital World. "These are trend-setting products that help define industry standards and raise the bar for creativity in the future. Congratulations to the GoVideo VR2940 DVD Recorder VCR."

"We're excited to have earned the prestigious 2005 Digital World Innovations Award for our VR2940 DVD Recorder VCR," said Ed Brachocki, GoVideo's chief executive officer. "GoVideo products are consistently recognized by consumers and retailers for their unique capabilities that are both powerful and easy to use. The VR2940 breaks new ground by seamlessly creating professional, Hollywood-style DVDs at the touch of a button. This is precisely what consumers want."

GoVideo's VR2940 DVD Recorder VCR will be on display at the 2005 International CES, January 6 - 9, at booth #14009, Central Hall, at the Las Vegas Convention Center.

About GoVideo

Celebrating over 20 years of CE excellence, GoVideo has introduced some of the most successful, innovative, and easy-to-use products in the industry, including the DVD VCR, Dual-Deck VCR, Networked DVD Player, and DVD Recorder VCR. The company holds numerous patents covering Dual-Deck technology. GoVideo markets its products under the GoVideo®, CineVision(TM), Sensory Science®, Rave-MP(TM), and California Audio Labs® brand names. The company provides its retail partners and consumers with "The GoVideo Experience" of Innovation, Simplicity, Value and Support.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially from those expected are the following: business conditions and general economic conditions; competitive factors, such as pricing and marketing efforts of rival companies; timing of product introductions; ability of contract manufacturers to meet product price objectives and delivery schedules; legislative, regulatory, and industry initiatives that may affect planned or actual product features and marketing methods; and the pace and success of product research and development. For more information on the potential factors that could affect the company's financial results, please contact GoVideo at (480) 998-3400.

AT GOVIDEO: JONATHAN KING MANAGER, CORPORATE COMMUNICATIONS HEADQUARTERS: (480) 905-9623 AT THE SHOW: (480) 220-1700