What happened to company Formac?

Last summer I purchased the Formac Studio TV/Pro firewire device. The unit over all provides a decent capture from my S-video digital cable box. However, the software is glitchy as hell and needs update to follow the evolving Mac OS! Formac is showing no support for this product at all at this time.! I've submitted many letters begging for an update, but no luck! There's 400 buck down the frickin' drain!

I learned my lesson from now on, small companies stink! Are they any other better capturing devices I should know about? I heard Canopy has a decent product, but they're an awfully small outfit.