CyberLink to Announce Consolidated Revenue on a Quarterly Basis Starting 2009
TAIPEI, Taiwan—February 9, 2009—CyberLink Corp (5203.TW), innovative solutions provider for the connected media lifestyle, will begin announcing consolidated revenue on a quarterly basis. In compliance with financial regulations in Taiwan, CyberLink will continue to post its headquarters’ revenue on a monthly basis.CyberLink’s revenues from customers in the US and Japan are mainly booked by CyberLink’s local subsidiaries. Meanwhile, revenue from CyberLink’s headquarters primarily reflects the headquarters’ own sales, including sales to its subsidiaries.
CyberLink recognizes revenues from its major PC customers via monthly or quarterly licensing reports. PC customers submit their report, declaring the number of copies installed or duplicated for each product in the previous month or quarter. CyberLink books the revenue upon receipt of each report. As a result, CyberLink’s monthly revenue is biased by the reports received and booked for each previous month or quarter.
CyberLink stresses that the reporting of consolidated quarterly revenue is a better indicator of the company’s seasonal performance. This change in reporting is not only in line with international compliance practices; it is also intended to eliminate misleading results caused by the performance of individual months. CyberLink’s competitors already announce their revenue figures on a quarterly basis.
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In product and business news, CyberLink launched PowerDirector 7 optimized for ATI Stream technology, featuring accelerated performance for MPEG-2 and H.264 video encoding and transcoding. PowerDirector 7 was the first consumer software to offer optimization for NIVIDIAR CUDA? technology with enhanced performance for H.264 video encoding, as well offering optimization for Intel’s latest quad-core i7 processors.
In 2008, CyberLink PowerDirector 7 won the PC Magazine Editors’ Choice Award, recognizing it as the leading video editing software in its class. PowerDirector 7 features powerful yet easy-to-use editing tools for enhancing videos and producing polished videos and slideshows. Accelerated encoding and rendering saves time and allows users to enjoy the creation and sharing of high quality videos even more by speeding up production time.
Besides, CyberLink announced its collaboration with ASUS to bundle two of CyberLink’s applications, Eee Cinema and Eee Cam, with ASUS all-in-one touch-screen PC, the Eee Top ET1602. Eee Cam, a customized version of CyberLink’s YouCam, is a webcam application that adds dynamic effects to live instant message conversations. Specifically designed for touch-screen interfaces, Eee Cam allows users to have fun communicating and expressing themselves through intuitive touch navigation. Eee Cinema, a customized version of PowerCinema, is an all-in-one digital home entertainment solution for the enjoyment of media content stored in the Eee Top PC. Users can browse photos, videos, and music content just by using their fingers on the touch-optimized version of PowerCinema.
