June 19, 2007, TORONTO, ONTARIO - Evertz Technologies Ltd. (TSX VENTURE:ET) today announced that its timing and JPEG-2000 transmission equipment was used to deliver the Cleveland Cavaliers and National Basketball Association‘s “Cavaliers 3D HD Experience”, the first-ever live game in professional sports shown to the public using revolutionary HD technology provided by PACE, a leader in Digital 3D. While Game 2 of the NBA Finals was being played in San Antonio, 14,000 Cavaliers fans at the Quicken Loans Arena in Cleveland were able to experience the excitement of watching the game and make them feel as if they were sitting courtside.
“The NBA is always exploring new and innovative ways for fans to consume our game,” said Steve Hellmuth, Senior Vice President of Operations and Technology for the NBA. “After the success of our 3D HD viewing parties during NBA All-Star, we were excited that the Cavaliers and owner Dan Gilbert wanted to provide their fans with this unique opportunity to view The Finals.”
Evertz was selected by PACE to provide the sync generators, distribution amplifiers and new JPEG-2000 compression equipment necessary for pixel perfect timing used in 3D HD technology. Working in conjunction with Bexel Broadcast Services, a broadcast rental company, Evertz equipment successfully managed two streams of information and delivered a perfectly synced 3D viewing experience to Cavaliers fans.
“We have relied on the depth of resources from Evertz to deliver working solutions, often in a matter of days,” said Vince Pace, President and CEO of PACE. “Our demands are unique to the industry and Evertz products have proven to be a key component in the success of 3D HD.”
“Not only does Evertz provide the right products, they offer unmatched support and service,” said Johnny Pastor, Technical Operations Manager for Bexel Broadcast Services. “Evertz listens to their customers and their products and service reflect that commitment.”
“We are proud to play a part in this revolutionary 3D HD broadcasting event that is reinventing the way that people go to sporting events,” said Joe Cirincione, Director, West Coast U.S. Sales and Service for Evertz. “Because of our versatile and reliable solutions, Evertz high-definition video and audio systems continue to be on the forefront of new and innovative broadcast applications.”
PACE, a leader in Digital 3D and Digital Cinema techniques, is on a path to capture the experience of “being there” by perfecting 3D motion imaging to provide a whole new entertainment experience for the audience. Working in collaboration with director and producer James Cameron, Vince Pace and a team of engineers have designed the Fusion 3D Camera, a highly advanced imaging system that allows the creative process to capture life like images. Where 3D in the past has relied on the mathematics of the shot, the Fusion 3D System revolutionizes the process by allowing the director to creatively harness the experience of being there. Capable of Dynamic Convergence®, the Fusion 3D System captures images similar to human eyesight, which enhances the overall visual experience. For more information, visit PACE at www.pacehd.com.
About Bexel Broadcast Services:
Bexel Broadcast Services, the worldwide leader in broadcast audio and video equipment rentals, provides turnkey engineering services, technical advice and high-end production packaging for major live world television events. It evaluates, recommends and supports cutting-edge equipment, enabling your production to broadcast the highest quality in the industry today. For more information, visit Bexel at www.bexel.com.
Evertz is a globally-recognized, reputable and dynamic television, satellite, cable and IPTV broadcast equipment designer, manufacturer and solution provider. Evertz is headquartered in Toronto, Canada with offices in New York, Burbank, Washington DC, and Reading, UK. For more information, visit Evertz at www.evertz.com.
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The statements made in this press release that are not historical facts contain forward-looking information that involves risk and uncertainties. All statements, other than statements of historical facts, which address Evertz‘s expectations, should be considered forward-looking statements. Such statements are based on management‘s exercise of business judgment as well as assumptions made by and information currently available to management. When used in this document, the words “may”, " will”, “anticipate”, “believe”, “estimate”, “expect”, “intend” and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as contained in the Company‘s filings with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.