PCLE Pinnacle Systems (MM)

Pinnacle Systems and CNN Complete First Two Phases of Vortex News Deployment MOUNTAIN VIEW, Calif., March 31 /PRNewswire-FirstCall/ -- Pinnacle Systems(R), Inc. (NASDAQ:PCLE), a leader in digital video solutions, and CNN LP, LLLP, a subsidiary of Time Warner, Inc. (NYSE:TWX), today announced that the first two phases of the installation of Pinnacle's Vortex news system at two CNN locations have been completed. A revised third phase of the project enlarging the facilities and providing some integration options for CNN is scheduled for completion in January 2006. Pinnacle's Vortex system is located at the CNN Center in Atlanta and the Time Warner Center at Columbus Circle in New York. The Vortex system has been on-air continuously in Atlanta since November 2003 and New York since April 2004. "We are very proud to provide a consistently dependable product that supports CNN's business," said Patti Hart, chairman and chief executive officer. "We are happy to bring the first two phases of the project to a successful close and continue on with this third phase." Pinnacle and CNN are building a large-scale, fault-tolerant, end-to-end news production solution that will allow CNN to stay ahead of news industry demands by migrating to a data-centric, tapeless workflow for the majority of daily production in New York and Atlanta. The system will also support and allow users to manage file-based media movement within and between the New York and Atlanta facilities over a wide area network. Upon completion of the third phase, the overall system will consist of 105 Pinnacle Vortex Input/Output devices for ingest of field video, ENG and SNG feeds, as well as play-to-air channels. The system core is comprised of: 34 Liquid Blue Editors, 150 Proxy browse and edit clients in New York, 35 proxy edit clients in Atlanta, and more than 2700 hours of redundant on-line storage of DV video. About Pinnacle Systems Pinnacle Systems provides broadcasters and consumers with cutting-edge digital media creation, storage, and play-back solutions for use at Home, at Work and on the Air. Pinnacle Systems' award winning digital media solutions are in use around the world for broadcast, video editing, DVD and CDR authoring and on the Internet. A recognized industry leader, the company has received nine prestigious Emmy Awards for its technical innovations and carries this commitment throughout all of its product lines. About CNN CNN, a division of Turner Broadcasting System, Inc., a Time Warner Company, is one of the world's most respected and trusted sources for news and information. Its reach extends to 14 cable and satellite television networks; two private place-based networks; two radio networks; wireless devices around the world; six Web sites, including CNN.com, the most-trafficked news and information site on the Web; and CNN Newsource, the world's most extensively syndicated news service. DATASOURCE: Pinnacle Systems CONTACT: Amy Whelan, Corporate Communications Manager for Pinnacle Systems, +1-650-237-1631, or Web site: http://www.pinnaclesys.com/

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