ESS Technology Delivers Low-Cost Digital Video Recorder ...

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ESS Technology Delivers Low-Cost Digital Video Recorder ...

NEWS

FOR IMMEDIATE RELEASE

Contact Information:

ESS Technology, Inc.

Investor Relations

(510) 492-1180

ESS Technology Delivers Low-Cost Digital Video Recorder Reference Design

For Its Vantage MPEG Encoder Products

DVR-HD7000 Reference Design Enables DVR Function in DVD Players

FREMONT, Calif., July 23, 2002––ESS Technology (NASDAQ: ESST), the world’s

leading provider of DVD and VCD chips announced today the introduction of a new Reference

Design, the DVR-HD7000, based on ESS’s Vantage Video and Audio encoder device and the

Vibratto DVD decoder device to select leading manufacturers of consumer electronics

products. ESS believes that is DVR-HD7000 system will enable the first low-cost Digital Video

Recorder (DVR) systems to be shipped for the 2002 Christmas and holiday buying season.

The DVR-HD7000 platform goes beyond the functionality found in traditional analog

VCRs, DVD players, and hard disk drive-based Personal Video Recorders (PVRs) by enabling

digital video recording, digital video playback, and digital manipulation of live TV broadcasts

from cable, satellite or terrestrial sources. In addition to the ESS MPEG-2 Vantage and Vibratto

chips, the platform includes an ESS analog modem for accessing television program guides, a

hard disk drive to store audio, video and images, and a DVD loader to playback DVD content.

This feature-rich platform brings powerful new capabilities to the living room, from real time

control of live television broadcasts with instant playback and pause functions, to an interactive

electronic TV program guide that intelligently and automatically selects what is to be recorded.

Future versions of the reference platform will offer additional features such as recordable-DVD

optical drives and connectivity options such as wireless, HPNA and Ethernet.

Patrick Ang, executive vice president and chief operating officer at ESS Technology

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ESS Technology Delivers First Low-Cost Digital Video Recorder

Reference Design For Its Vantage MPEG Encoder Products

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stated, “ESS continues to enable new capabilities and functions for the digital home

entertainment market with the introduction of our Vantage digital video recording products. By

providing a complete encoding and decoding solution combining ESS’s proven Vantage video

and audio encoder and Vibratto’s advanced and full-featured DVD playback functions, ESS is

enabling its customers to quickly bring to market a variety of exciting new entertainment

products at different price points.”

The Vantage chip is capable of encoding MPEG-2 digital video and audio bit streams at

bit rates from 1.2Mbps to over 10Mbps. The new Vibratto products are single-chip DVD

solutions that integrate video DACs and a built-in NTSC/PAL/SECAM TV encoder.

About ESS Technology

ESS Technology, Inc., is the world’s leading supplier of digital video player chips that

offer high-performance, feature-packed system-on-a-chip solutions for the rapidly expanding

digital consumer entertainment markets. ESS harnesses the full depth and breath of its video,

audio and imaging technologies to provide highly-integrated, system-on-a chip products that

enable the emergence of digital home systems delivering and managing entertainment and

information in the home.

ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices

worldwide. ESS Technology’s common stock is traded on the Nasdaq under the symbol ESST.

ESS Technology’s web site address is: http://www.esstech.com.

The matters discussed in this news release include certain forward-looking statements that involve risks

and uncertainties, including, but not limited to, the impact of competitive products and pricing, the timely

availability and acceptance of the Company’s new products, the dependence on continued growth in demand for

consumer multimedia products, and the other risks detailed from time to time in the SEC reports of ESS, including

the reports on Form 10-K and Form 10-Q. Actual results could differ materially from those projected in the

forward-looking statements.

Vibratto and Vantage are trademarks of ESS Technology. All other trademarks used in

this news release are the property of their respective owners.

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