The Founder: Paul F. Titchener received his Bachelors of Science degree in Electrical Engineering from University of Cincinnati in 1978, graduating Magnum Cum Laude. He then pursued graduate studies at Stanford University, receiving a Master of Science degree in 1980 and a Doctor of Philosophy degree in 1984. His graduate studies concentrated in the area of Digital Signal Processing (DSP), and his thesis advisor was Dr. Bernard Widrow, who is regarded as one of the primary contributors to the development of advanced DSP techniques.

Dr. Titchener has many years of experience in analog, digital and software based system design. He holds several patents in the areas of signal processing and electronic instrumentation and has published and presented a variety of technical papers on advanced applications of electronic hardware and software systems.

In 1984 Dr. Titchener and a partner founded a technology group that began developing an innovative new software design tool called the Signal Processing WorkSystem (SPW, now marketed by Alta Systems). The patented SPW tool uses a high level graphic design style to significantly aid the design of complex electronic systems such as digital telecommunication, modems, cellular telephones, cardiac pacemakers and HDTV systems. The groundbreaking SPW tool was brought to the market with Comdisco Systems in 1987. It both pioneered and dominated the market for DSP design tools, with 80% market share and worldwide sales exceeding $300 million to date. Dr. Titchener played a lead role as the company grew to 130 employees, and was the Vice President of Technology when he reduced his status to consulting role with Comdisco in 1992.

In 1992 Power Technology was formed, and the design and manufacture was started of PC oriented testing equipment for leading edge racing teams, engine builders and automotive high performance manufacturers. The PT-200, PT-500, and PT-700, products that resulted from these efforts are now in use by top racing teams and performance manufacturers (see customer list), and are used on the engines powering championship winning drivers such as Jeff Gordon, Dale Earnhardt and many others.

In 1995 Mark Kaplan, a founding team member of Comdisco Systems, joined Power Technology. Mr. Kaplan brought many years of graphical software design and large software project design, implementation and management expertise to the company. Power Technology then began efforts to design and manufacture professional quality audio processing hardware and software, using the product name DSP-FX.

The first DSP-FX product consisted of a plug-in card that leveraged both DSP and PC technology to deliver true pro studio quality in a graphical desktop environment (DSP-FX website). DSP-FX earned the prestigious Most Innovative Product of the Year Award in 1997 from Electronic Musician Magazine, a leading end-user audio publication. Winning that award required outranking other innovative products from companies such as Yamaha, Sony, Roland and many other major audio companies. Electronic Musician also awarded the product a rating of 5 out of 5 for audio quality. To our knowledge this is the only time that Electronic Musician, highly respected for editorial credibility, has awarded an audio processing system of any type a full 5 audio quality rating. In addition to use in commercial and home recording studios, the DSP-FX hardware/software system is also uniquely suited for specialized multi-channel audio processing applications. A specially customized multi-channel DSP-FX hardware system is currently being used by ABC TV in their HDTV production studio.

In 1997, Power Technology introduced the DSP-FX Virtual Pack. The Virtual Pack implemented the highly rated DSP-FX algorithms in a pure software form supporting Microsoft's Direct X format. Power Technology's expertise in implementation of DSP algorithms allowed it to implement the Virtual Pack with extremely high efficiency that for the first time allowed PC's to perform software only real-time professional quality audio processing. The Virtual Pack has since become regarded as the premium real-time audio processing software package available for PC's. Power Technology is actively pursuing applications of its real-time PC based signal processing technologies to additional markets.

To facilitate Internet based sales of the Virtual Pack, in 1998 Power Technology developed proprietary PC indentification and copy protection technology known as IP-Safe. IP-Safe allows Power Technology's customers to immediately purchase and utilize the Virtual Pack while not allowing unlicensed operation on other PC's. Power Technology's PC identification method is a purely software based approach that works with any Pentium or Pentium type processor. IP-Safe also avoids the privacy issues associated with Intel Corporations Pentium III serial number based approach. Power Technology is actively seeking companies interested in licensing this technology, and is also pursuing strategic partnerships which can accelerate its application and development (IP-Safe).

In 1999, Power Technology developed a new technology called DFX that targets the growing market for Internet Audio products and services. A significant limitation of Internet based audio systems is that bandwidth limitations require that the audio be data compressed, reducing its quality. DFX contains patent-pending technology that compensates for the compression of Internet based audio distribution. DFX also compensates for the limitations of PC based multimedia audio playback systems. Internet audio systems using DFX yield much higher perceived audio quality and user satisfaction.

DFX has been downloaded and installed by over two million Internet audio users, and DFX has quickly become the top rated Internet audio enhancement plug-in.

DFX has also acheived strong distribution through relationships with Power Technology's co-marketing partners, which include Intel Corp., RealNetworks, MusicMatch and AOL/Time Warner.

DFX is also garnering heavy interest by consumer hardware manufacturers, who are pursuing DFX technology for direct incorporation in portable MP3 players, entertainment systems, digital radios and cellular telephones.

DSP-FX, Virtual Pack, IP-Safe and DFX are trademarks of Power Technology.