Article 60441 of comp.sys.amiga.misc:
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From: Harv@cup.portal.com (Harv R Laser)
Newsgroups: comp.sys.amiga.graphics,comp.sys.amiga.misc
Subject: Digital Creations, Play Inc. merge
Message-ID: <120268@cup.portal.com>
Date: Thu, 18 Aug 94 10:01:09 PDT
Organization: The Portal System (TM)
Lines: 61
Xref: news.CSOS.ORST.EDU comp.sys.amiga.graphics:31101 comp.sys.amiga.misc:60441

I thought readers of these groups might find this press release
dated yesterday of interest. Not that Progressive, the co. mentioned
below as part of this merger, is the mfr who built most of 
Digital Creations' hardware products, such as DCTV and their genlocks
for them (and they are NOT the same Progressive Peripherals company
of Denver that went out of business a while back).

Further, in discussing this press release with Dennis Hayes', Digital's
Dir. of Marketing just now, he told me that the products that come out
of this new merged company will be PC-based stuff, however Digital
intends to continue to mfr and sell its current line of Amiga-based
products.

Now on with the press release (which I did not write, am not involved
with, don't mail me about it, I only know what it says here, call
Digital in Folsom CA if you want more info, etc. etc.)

Harv
harv@cup.portal.com
------
          Three-Way Merger Creates Desktop Video "Super Company"

        August 17th, Sacramento, CA - A merger between three desktop video
pioneers was announced today.  The companies are Digital Creations, Progressive
Image Technology, and a group of eight senior staff members who left Video
Toaster maker NewTek earlier this year.  Working seperately the three groups
launched and dominated the successful desktop video market on the Amiga
computer.  By joining forces the companies have set their sights on redefining
the desktop video market for PC compatible computers.

The new company, Play Incorporated,will be headed by Mike Moore as Chairman,
Paul Montgomery, as President, and John Botteri, as CEO.  "Between the three
groups we've shipped over 50 products" said Botteri, "Each of us has dominated
in our own area: hardware, software, and marketing.  Together, we will be the
leader in PC video."

The Progressive Image Technology team, led by Mike Moore and including former
Grass Valley Group engineering talent, began creating hardware for personal
computer in 1978.  Progressive has been a pioneer in computer video since the
early eighties when they engineered desktop video products for both IBM and
Apple.  Since then Progressive has designed many successful video peripherals
including video effects hardware, overlay cards, genlocks, digitizers, and time
base correctors.

Digital Creations, headed by John Botteri, has been a leader in video
applications on the Amiga since 1986.  In addition to marketing and writing the
applications software for all of Progressive's desktop video products, Digital
Creations developed three breakthrough video paint systems.  Exploiting the
expertise in real-time graphics, Digital also created several award-winning
entertainment titles for Electronic Arts.

The group from NewTek includes former Vice-President Paul Montgomery as well as
NewTek's former directors of sales, marketing, and software development.  The
group also includes key software engineers from the Emmy-award winning Toaster
team and Kiki Stockhammer, the industry's best-known spokesperson.  "Helping
create the Video Toaster and with it the desktop video industry, was a
fantastic seven year adventure," commented Montgomery, "Now we've found the
perfect partners to take the desktop video revolution to the next level".  Play
is owned entirely by its employees and is debt-free.  The new company is based
in Sacramento, California and will begin shipping the first of its PC video
products within 90 days.