Business Editors/High-Tech Writers
CAMPBELL, Calif.--(BUSINESS WIRE)--Feb. 2, 2004
FOCUS Enhancements (Nasdaq:FCSE), a worldwide leader in video production and conversion technology, today announced the appointment of Tommy Eng, 45, to the FOCUS Enhancements Board of Directors, increasing board membership to seven. Mr. Eng is the Vice Chairman and founder of Tera Systems, a private electronic design automation (EDA) company.
Tommy Eng commented, "I have completed my own independent due diligence of the company prior to accepting the board offer. The talented semiconductor group is forging new roads in Ultra Wideband (UWB) video applications. I believe FOCUS Enhancements' ability to produce more complete, cost effective video processing solutions creates competitive advantages, and my immediate goal is to help the company produce its first UWB production chip."
"Tommy has spent over 20 years pursuing new semiconductor technologies," stated Brett Moyer, CEO of FOCUS Enhancements. "His many successes include the development of new Integrated Circuit (IC) design methodologies, design automation software, and high-performance microprocessor and DSP designs. We expect Tommy's foundation in semiconductor manufacture and design will provide strong technological expertise to the board of directors as FOCUS Enhancements moves forward with its UWB development."
Mr. Eng's career includes various management and engineering positions of increasing responsibilities. Prior to founding Tera Systems in 1996, he was the General Manager of the Advanced IC Design Automation and Design Consultation division of Mentor Graphics. Previous to Mentor Graphics, Eng was the General Manager of the IC Design Services and EDA Software division of Silicon Compiler Systems. Eng also has held various technical staff positions at ATT Bell Laboratories developing microprocessors, network switches, and IC design tools. Mr. Eng holds a Masters in Science and Electrical Engineering from the University of California, Berkeley.
About FOCUS Enhancements, Inc.
FOCUS Enhancements, Inc. (Nasdaq:FCSE) is a leading designer of world-class solutions in advanced, proprietary video technology. Headquartered in Campbell, CA, FOCUS Enhancements designs, develops, and markets video solutions in two distinct markets: advanced proprietary video conversion integrated circuits (ICs) and affordable, high quality, digital-video conversion and video production equipment. Semiconductor IC products include designs for PCs, game cards, Internet, set-top boxes, Internet appliances, and interactive TV applications, and they are sold directly to original equipment manufacturers (OEMs). FOCUS Enhancements' complete line of video presentation and video production devices are sold globally through resellers and distributors to the broadcast, education, cable, business, industrial, presentation, Internet, gaming, home video production and home theater markets. More information on FOCUS Enhancements may be obtained from the company's SEC filings, or by visiting the FOCUS Enhancements home page at http://www.FOCUSinfo.com.
Statements about future results and other expectations constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and the current economic environment. The Company cautions that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. A number of factors in addition to those discussed above could cause actual results to differ materially from expectations. Demand for FOCUS Enhancements' products, which impacts revenue and the gross margin percentage, is affected by business and economic conditions and changes in customer order patterns. Any projections are based upon many factors and are inherently subject to significant economic and competitive uncertainties and contingencies, many of which are beyond the control of FOCUS Enhancements. Important assumptions and other important factors, including risk factors, that could cause actual results to differ materially from those in the forward-looking statements are specified in the Company's Form 10-KSB for the year ended December 31, 2002 and other filings with the SEC. The Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.