New Medium Enterprises (NME) recently announced that they've signed agreement, making DaTARIUS the preferred testing equipment provider for the HD VMD optical disc format. The two companies will also jointly own any intellectual property that may result from the project.
New Medium Enterprises (NME) (OTC BB:NMEN.OB - News) and the DaTARIUS Group, today announced that they have signed an agreement, where DaTARIUS becomes the preferred off-line testing equipment provider for the HD VMD optical disc format. NME and DaTARIUS will jointly own the Intellectual Property Rights that emerge from efforts in building testing equipment for the industry.
The agreement represents a major advancement in the global manufacturing and testing process for HD VMD, since many replicators use DaTARIUS' DaTABANK system. The availability of driveCubes for HD VMD on the DaTABANK system is a catalyst for the optical disc industry and promotes the growth of the HD VMD format alongside Blu-ray and HD DVD.
It's good to see HD VMD get support from industry leaders like DaTARIUS. The format is still going to need the blessing of Hollywood, if NME has any hopes of succeeding in markets like the US. If you'd like to read more, NME's entire press release can be found here.
