New Medium Enterprises (NME) (OTC Bulletin Board: NMEN - News) today officially launched its HD VMD (Versatile Multilayer Disc) player and disc into the U.S. market with a debut at CEDIA Expo 2007. HD VMD brings maximum-HD 1080p high-quality players to consumers for a groundbreaking MSRP of $199. HD VMD players will be available for purchase in late October.
HD VMD stands to revolutionize the high-definition disc market, providing consumers with the best possible HD experience. Combining the best industrial opto-electronics and disc technologies, HD VMD brings together established DVD red-laser production infrastructure and break-through multilayer discs technology to deliver its maximum-HD picture. HD VMD red laser multilayer disc plans include storage of up to 30 GB of content on a single side disc.
IMHO.. NME waited way too long to introduce these players. If they would have introduced them a year or even 6 months ago, they could have been a contender. Now, with HD DVD players retailing for less than $250 and including 5-7 free movies, no one in their right mind is going to invest in HD-VMD.
Also, how can they justify charging $199 for this player? If I remember right, these things use a standard DVD drive.