Currently with a 50 percent market share in the digitization and compression services market, the company predicts its revenues will quintuple in 1999.
Encoding is the point where every Internet audio and video project begins.
Right now we have 25,000 music CDs for encoding projects queued for our Optimized encoding process and currently are working on digital media solutions to help the music industry find a controlled means to distribute content on-line. We expect the amount of material available on the Internet to grow by leaps and bounds as music companies become more comfortable with the secure distribution of music. The new San Diego lab will provide additional staff and more focused customer support to the Southern California region.