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06/07/05
Digital Video Systems Announces New Management and Restructuring of
Board of Directors
Digital Video Systems,
Inc., has named former CEO and Co-Chairman, Ms. Mali Kuo, to once
again lead the company. Ms. Kuo has been elected as its new CEO and
Chairman of the Board. The Company has also appointed Mr. Dean
Clarke Seniff as its CFO and Mr. Shaun Kang as its President. DVS
has also added three new members to its Board of Directors.
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04/29/05
Digital Video Systems Announces $3.42 million Equity Settlement and $25 Million Financing Commitment
with Former CEO and Co-Chairman, Ms. Mali Kuo
Digital Video Systems, Inc.,
announced that it has reached an agreement with its former CEO and Co-chairman, Ms. Mali Kuo, to settle her $3.42 million judgment against the Company by the issuance of 1,001,470 shares of the Company’s common stock plus warrants to purchase 100,147 shares of common stock at $4.50 for one year.
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03/01/05
DVS Announces Korea Subsidiary Agreement with Blaupunkt
Digital Video Systems, Inc., today announced that its Korea-based subsidiary, DVS Korea (DVSK), has been selected as a supplier to Bosch, a major automotive parts supplier, and Blaupunkt, its wholly owned subsidiary.
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01/12/05
DVS Announces Nasdaq Review Panel Decision
-- Digital Video Systems, Inc., or DVS, (Nasdaq: DVID - News), today announced that it had received a letter from The Nasdaq Stock Market Listing Qualifications Panel stating that the Panel had determined to allow the continued listing of the Company’s securities on The Nasdaq SmallCap Market.
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01/12/05
Digital Video Systems Advanced Automotive DVD Products Showcased at CES 2005
DVS, today announced that its latest innovations in DVD technology for automotive original equipment and accessories markets received
a warm reception at the giant International Consumer Electronics Show 2005 (CES) in Las Vegas, January 6-9.
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11/30/04
DVS Korea Receives Contract for Aftermarket Sales License Covering Asia/Pacific and Africa Regions
Digital Video Systems, Inc., or DVS, today announced that its subsidiary DVS Korea (DVSK) has received
a contract to sell Visteon’s Dockable Family Entertainment System™ to the
automotive aftermarket in the Asia/Pacific and Africa regions.
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09/30/04
Digital Video Systems Licenses its H.264 AVC Technology
Digital Video Systems announced today that it has sold a non-exclusive license to its intellectual property related to H.264 AVC technology, also known as MPEG-4 part 10, to Enmedia, Inc. Under the license agreement,
Digital Video Systems received 500,000 shares of Series A preferred stock of Enmedia, Inc.
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09/29/04
DVS Announces Successful India Pilot Sales Program with BPL
Digital Video Systems, Inc. (DVS/Nasdaq: DVID) announced today that DVS, Electronics (DVSE) its wholly owned Indian subsidiary,
passed a sales trial with BPL Limited in the State of Kerala by quickly selling 2,000 DVD player units.
The units were designed by DVSE specifically for the Indian consumer.
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09/27/04
DVS Receives More Than $1.2 Million in Convertible Preferred Stock Private Placement
Digital Video Systems, today announced the closing of a $1,269,998 private placement of convertible preferred stock on September 21, 2004.
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8/12/04
DVS
Increases Revenue by 87% to $32.7 Million in Second Quarter, Cuts
Loss in Half
Financial results
reflect strategic shift into higher-margin DVD products...
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8/12/04
Digital
Video Systems' Korea Subsidiary Makes Shipments Under Visteon South
America Order
Digital Video Systems
announced
today that shipments under its contract with Visteon South America
have begun. These shipments are in addition to previously announced
shipments under the Company’s contract with Visteon USA. Visteon
is a leading automotive supplier with annual revenues in excess of
$17 billion.
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