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Monday, 04/02/2001 3:03:17 PM

Monday, April 02, 2001 3:03:17 PM

Post# of 93814
QDesign Corporation Opens Silicon Valley Office
SVP Paul Goldberg to Lead Professional Product & Intellectual Property Activities
April 2, 2001 - Vancouver, BC -- QDesign Corporation, a leading provider of advanced digital audio compression solutions for the Internet delivery, broadcast and new media markets, has established an office in Mountain View, California, to support the company’s rapidly expanding business development and sales engineering activities.

Senior Vice President of Professional Products Paul Goldberg, responsible for directing product development, marketing and commercial deployment of the QDesign professional product family, will also direct and manage QDesign’s Intellectual Property activities from the new location.

“We are extremely pleased and excited at these developments,” said Richard J. Beaton, President of QDesign Corp. “A base of operations in Silicon Valley will makes us more accessible to a vast rapidly growing number of our existing current and potential licensees, as well as provide a home for our American U.S. engineering team, as we continue our expansion in there.”

QDesign’s recent acquisition of media security intellectual property complements the company’s existing portfolio of state-of-the-art digital audio compression technologies and dovetails perfectly with Paul Goldberg’s arrival. Added Mr. Beaton, “Paul’s wealth of experience adds considerably to our existing knowledge base, and he will be invaluable in attracting engineers of the highest caliber for our Silicon Valley Group. His decision to join us was a strong vote of confidence in our ability to provide the most flexible platform for the secure, profitable delivery of high quality digital audio over any wired or wireless network and on any physical media.”

Mr. Goldberg recently joined QDesign from Zoran Corporation, where he was Vice President of Audio Products and Intellectual Properties. His experience there and at Dolby Laboratories, where he was responsible for directing the research, development and commercialization of the Dolby Digital sound on film system, firmly supports QDesign’s objective: to provide the secure technologies needed to move the music industry from a distribution model based on non-secure physical media to one based on the combination of secure physical media and secure electronic distribution.

Mr. Goldberg holds a total of seventeen patents in film sound, optical data storage, video image printing, medical ultrasonic imaging and medical diagnostics. Seven additional patents, six related to the secure distribution of entertainment content and one associated with the virtualization of multichannel audio signals, are pending. He is an active member of AES, SID and SMPTE.

About QDesign

With the release of the world's first real-time MPEG-2 audio compression software in 1996 and the subsequent introduction of its own MP3, QDesign Music and QDX technologies, QDesign has established itself as a leading provider of the most advanced audio compression solutions in the broadcast, new media and Internet delivery markets. From the inclusion of the QDesign Music Codec in Apple QuickTime as the audio compression solution for Internet streaming, multimedia authoring and digital music, to the cross-platform MVP jukebox application, QDesign has received numerous industry accolades for delivering the best web audio technology. QDesign's audio technologies appear in hardware processors, digital audio production, automation and distribution systems as well as consumer multimedia software. QDesign is a founding member of the Secure Digital Music Initiative (SDMI). For more information on QDesign and its products, please visit: www.qdesign.com.


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