"...Philips Consumer Electronics today demonstrated its first DVD-Video Recorder, based on DVD+RW technology at the Consumer Electronics Show. The DVDR1000 will be introduced into the U.S. market in the second half of 2001. Compatible with both existing and future DVD-Video and DVD-ROM equipment, Philips DVD-Video Recorder allows consumers to create their own DVDs and play the bare disc back on past, present and future players.