New Medium Enterprises And Dubai-Based Planet Optical Disc Signs Deal For First Middle East Replication Of HD VMD Discs
New Medium Enterprises, Inc. (NME) (OTCBB:NMEN) today announces an agreement with a leading replication house, Dubai-based Planet Optical Disc (POD). The deal ensures that POD is the Middle East’s first HD VMD replicator. Replication will be provided for the Sub-continent as well.
Set up in 1999, POD was the first Optical Disc replicator in the Middle East and remains the region’s premier facility offering comprehensive manufacturing service which includes authoring, mastering, printing, packaging and replicating CD, DVD, CD-R and DVD-R formats.
The Middle East has one of the highest per capita incomes in the world and the HD VMD will be part of this rapidly developing region. Year on year growth predicts the demand of pre-recorded DVD and CD to reach 2 billion between the Middle East and Africa. POD has been the catalyst that provided the growth impetus to the entire region and its adoption of the HD format will ensure it remains at the forefront of its business.
Chairman of POD, Subhash Dudani says, “As we were the first optical disc replicators in the Middle East region we will maintain that leading position for HD VMD technology as well. Whilst it is cost-effective for mass production the quality is not compromised and is in fact excellent and this suits our standards perfectly.”
For NME, the deal represents another string to its bow for a strong global replication network following its recent signing with a disc manufacturer in Russia, Bars Media Group, where NME and ODMS will initially supply 12 lines over a three year period.
Mass production of the HD VMD solution at a price within reach of the world’s consumers has already been assured by other top optical disc industry leaders such as Axxicon (Netherlands), DaTARIUS (Austria), Dr. Schenk GmbH (Germany), Netstal Maschinen AG (Switzerland), Plasmon OMS (France) and VDL Groep (Netherlands).
NME Global Marketing Director, Optical Division, Sanjay Khar comments, “Our VMD solution does offer the optical industry a more affordable HD solution and we are extremely delighted in forging an alliance with such an impressive manufacturing partner as POD.”
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