New Medium Enterprises, Inc. announced this week that they have sold 10,000 HD VMD Multilayer Players to FKH Electronic, who will bedistributing them to retail outlets in central Europe.
New Medium Enterprises, Inc.(NME) (OTC Bulletin Board: NMEN), provider of the affordable, high-qualityHD VMD (Versatile Multilayer Disc) format, announced today its sale of10,000 Multilayer Players for Central Europe to FKH Electronic, who will bedistributing its 1080p HD VMD Multilayer Players to retail outlets inPoland, Hungary, Czech Republic and Slovakia. This initial order is valuedat US$1.3 million. The order will complement the HD VMD film contentcurrently available in Central Europe.
As I've said in the past, HD VMD is joining the party a bit late. With HD DVD player prices already dipping below $200, HD VMD really doesn't have much of an advantage anymore. If you'd like to read more, NME's entire press release can be found here.