Moonlight Amplifies its Presence in the Far East with Korean Distributor ProGate

Continuing to build its reputation throughout the world as the leading provider of soft video CODECs, Moonlight adds another name to its growing list of distributors.

Tel Aviv, Israel and Kyungki-do, Korea (PRWEB) October 30, 2003-- Partnering with the established Korean distributor ProGate, Moonlight announces its arrival to the Korean PC and embedded VLIW markets.

ProGate was established by previous ZiLOG employees who drew upon their experience and technical know-how to forge ahead and create a distribution company and support existing TV parts to the worldwide market. ProGate intends to market Moonlights soft video CODECs as innovative enabling technologies both in the companies it represents including ZiLOG and Equator in addition to the entire Korean Consumer Electronics market.

We strongly believe in providing innovative products and added value to our suppliers and customers. We feel that cooperation with Moonlight and the addition of their PC and DSP CODECs helps us fulfill our promise and expands upon our company values," says S.C. Kim, President of ProGate.

We are excited to be joining efforts with ProGate", says Mr. Ira Dvir CEO of Moonlight. When researching potential distributors, we were looking for the exact type of business experience in the Korean Electronics market, technical expertise, and relationships with key players that we found at ProGate. We are looking forward to the start of a strong and mutually beneficial business relationship"

Full details of Moonlight's software video CODECs for the PC and DSP can be found at www.moonlight.co.il/soft.htm

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About ProGate Technology
ProGate is a leading Korea provider of innovative solutions for the electronics industry with strong demand creation culture and excellent demand fulfillment expertise. They add value to both suppliers and customers by being the easiest to do business with a team of dedicated professionals with providing additional services such as turnkey designs and products via their Application/Design Support and Programming Center. For more information, visit www.progate.co.kr

About Moonlight Cordless Limited
Moonlight Cordless Limited is a provider of software CODEC products based on its core-technology. Moonlights DSP and PC software products provide powerful and cost-effective video CODECs for consumer electronics and PCs, over existing standards (mainly MPEG-2 and H.264). The Companys revolutionary video technology drives the expansion of software and silicon MPEG-2 and H.264 products. Since its establishment, Moonlight has challenged the status quo of the video compression industry by stretching the limits of existing standards and enabling MPEG-2 compression in unparalleled quality and bit rates. Moonlight Cordless Limited is a privately held company based in Tel Aviv, Israel. The company was established in January 2000. For more information, visit www.moonlight.co.il
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