April 14, 2003

ADS Tech bundles muvee autoProducer DVD SE

Singapore –– April 14, 2003 – muvee Technologies, the pioneer in smart automatic video production, today announced that it has licensed muvee autoProducer DVD Special Edition to ADS Tech, a leader in consumer video solutions. muvee autoProducer DVD SE will be bundled with Instant DVD 2.0 and Instant DVD+DV, two new real-time DVD video capture devices from ADS Tech that were recently launched at the National Association of Broadcasters (NAB) show in Las Vegas.

Instant DVD 2.0 and Instant DVD+DV take advantage of the latest USB 2.0 and FireWire connectivity to deliver powerful yet simple video capture and conversion capability in full-resolution, DVD-quality. They will ship in May this year with estimated street prices (ESP) of $179 and $269 respectively.

Pete Kellock, founder and CEO of muvee Technologies, said, “We are delighted that ADS Tech has chosen our software to facilitate the creation and sharing of high-quality home videos by consumers. Our automatic video editing technology is unprecedented and, together with ADS Tech’s latest products, provides users with a creative, seamless and extremely rapid way to capture their video memories and transform them into professional-quality edited productions. Creating home video has never been this much fun.”

muvee autoProducer is the world’s first smart automatic video production software for the PC. Underlying the program’s simple six-button interface is patent-pending technology that dramatically simplifies the video creation process, enabling anyone to automatically and easily create high quality finished productions from raw video hundreds – even thousands – of times faster than any other approach. In addition to printing back to DV tape and saving in AVI, WMV or Video CD MPEG-1 formats, muvee autoProducer DVD SE supports MPEG-2 input and also lets users save their creations as DVD-Video or SVCD-ready MPEG-2 files either for playback on their PCs, or on most consumer DVD players when authored onto DVD- or CD-R/RW media using third-party authoring solutions.

“muvee Technologies has revolutionized the concept of video editing and their software is a perfect complement for its tremendous ease of use and remarkable results,” said Mike McCoy, President of ADS Tech. “We are pleased to have them as our partner.”

About ADS Tech

ADS Tech is a world leader in Universal Serial Bus and IEEE-1394/FireWire solutions. Since 1992, the company has introduced high-quality multimedia, networking and presentation products at consumer-friendly prices. The company offers an award-winning USB product line which includes several complementary peripherals and has since emerged as a leader in USB 2.0 technology. PYRO 1394DV, the first consumer-priced digital video editing solution on the PC market, has been widely adopted by owners of digital video camcorders for its ease-of-use for first time DV editors, its functionality and its low cost. The PYRO name has become synonymous with IEEE-1394 and FireWire creating its own branding in that industry.

ADS Tech products are distributed by Ingram Micro in the United States, Canada and Europe. ADS Tech products are available in nearly 3,000 consumer electronic and computer retail stores -- including CompUSA, Circuit City, Micro Center, Fry's Electronics, Electronics Boutique, Data Vision, IBM Home Computing, Radio Shack stores and hundreds of others -- and through OEM private label customers around the world who market ADS products under their own brand name.

Additional information is available at http://www.ADStech.com.

About muvee Technologies

Founded in 2001, muvee Technologies is a privately held company headquartered in Singapore. muvee autoProducer has been awarded “Designed for Windows XP” certification from Microsoft®, and is currently sold in retail outlets in North America, Europe, Southeast Asia and Japan. To date, muvee autoProducer has also sold into more than 55 countries worldwide directly from the company’s website at www.muvee.com.

muvee Technologies currently has three pending patents for its innovations in smart automatic video production, and has showcased its groundbreaking technology at leading industry events such as COMDEX in the US, CeBIT in Germany, and Japan’s WPC Expo.

Notes to Editors

• “muvee Technologies” and “muvee autoProducer” are always as written.
• muvee is a registered trademark of muvee Technologies Pte Ltd.
  All other trademarks belong to their respective owners

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