Hauppauge Digital shares leap on iPod software rollout

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Author: Ken Schachter

Story Type: News

Share of Hauppauge Digital Inc. (Nasdaq: HAUP) vaulted 43 percent Monday after the company rolled out its new Wing software that lets users record TV shows on PCs and play them back on Sony Playstation Portables and the wildly popular Apple video iPods. The software is sold as a $24.95 accessory to Hauppauge's WinTV-PVR personal video recorders for personal computers. Wing records in MPEG-4 and Divx formats and also can be used to burn recordable DVDs. Hauppauge Digital shares rose $1.70 to $5.70 in late afternoon trading.

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