I don't know if you would say they are the leader in recording technology but they did have a lot of firsts. One of them being the A-3340 4 track reel to reelGood news. But being me, I just wanted to talk about the first line of the press release
"TEAC is the world leader in recording technology and started the project studio revolution."
I don't believe the first part of the statement, and I query the second. Did TEAC start any kind of studio recording revolution? I accept I may just not know about it, not having lived as long as some folks here, but I'm gonna take a punt it's not true either. When I think of TEAC I think mostly of their cheap VCRs and blank tapes.