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FREMONT, Calif.-
December 13, 2002 - Vialta, Inc. (OTC Bulletin Board:
VLTA), developer of unique and innovative home entertainment
and communications products has received a 2003 Good
Housekeeping "Good Buy" Award for the Beamer videophone
Station.
Beamer
videophone instantly adds video to phone calls, enabling
users to see the person they are speaking with. Beamer
videophone works with any home phone over any standard
(analog) phone line, and there is no additional cost
to the call.
"We
are honored to be recognized by Good Housekeeping with
this prestigious award," said Didier Pietri, president
and CEO of Vialta, Inc. "It validates our vision
of creating a product that gives consumers a better,
more personable way to stay in touch. Beamer videophone
enables people to see their friends and family anytime
they want, simply by calling them on the phone."
Beamer
videophone exemplifies the Good Housekeeping Institute's
award criteria of ingenuity, value and exceptional performance;
and represents an innovative solution that is affordable
and easy to use.
Beamer
videophone is sold in pairs for $499 and as a single
unit for $299. Beamer videophone is available nationally
at Best Buy, along with other popular regional retailers
including Good Guys, Fry's, ABC Warehouse, J&R and The
WIZ.
About Vialta
Vialta develops, designs and markets unique and innovative
home entertainment and communications products for the
mainstream consumer. The company was formed in April 1999
and is publicly traded on the OTC Bulletin board under
the symbol VLTA. The company is headquartered in Fremont,
California with offices in Los Angeles, Toronto and Hong
Kong. More information about Vialta can be found at www.vialta.com.
The
matters discussed in this news release include certain
forward-looking statements that involve risks and uncertainties,
including, but not limited to, the possible reduction
of consumer spending, the timely availability and acceptance
of the Company's new and existing products, the impact
of competitive products and pricing, the dependence on
continued growth in demand for consumer products, and
the other risks detailed from time to time in the SEC
reports of Vialta, including the reports on Form 10-K
and Form 10-Q. Actual results could differ materially
from those projected in the forward-looking statements.
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