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FREMONT, Calif.-
March 17, 2003 - Vialta Inc.'s VLTA Beamer?Videophone
Station, will be featured in the gift baskets given
to presenters and performers at the 75th Academy Awards(R)
on March 23, 2003. Each of the 125 participants will
receive a Beamer dual pack: one to keep, and one for
them to give to a family member or friend.
Beamer
videophone instantly adds video to phone calls, giving
Beamer videophone owners a better, more personal way
to keep connected with the people they care about, when
they can't see them in person. Beamer videophone works
with any home phone over a standard (analog) phone line,
and there is no additional cost to the call.
"We
are thrilled that Beamer videophone was selected to
be in this year's Academy Awards gift baskets," said
Didier Pietri, President and CEO of Vialta, Inc. "Beamer
videophone is helping people stay in touch, by allowing
them to share in both commonplace events and special
occasions on a daily basis. For those in the entertainment
industry, Beamer videophone is an ideal way to stay
in touch with family and friends when traveling or far
away on location."
Beamer
videophone has received numerous accolades since it
was launched. Most recently, Good Housekeeping awarded
Beamer videophone its prestigious 2003 "Good Buy" Award,
based on ingenuity, value and exceptional performance.
At the Consumer Electronics Show (CES) in January, Beamer
videophone received the Consumer Electronics Association's
2003 "Best of Innovations" award in the telephone category
for its value to users, aesthetics, contributions to
the quality of life and the product's innovative qualities.
Beamer
videophone is sold in pairs for $499 USD or as a single
unit for $299 USD and is currently available nationally
through Best Buy and Sharper Image; at regional retailers
including Good Guys and Fry's, through select distributors
and online at www.vialta.com.
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.
Forward-Looking
Statements
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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