MXIP news: MAX Internet Communications Retains Rothschild Group to Implement Strategic Partnership Program
DALLAS, June 26 /PRNewswire/ -- MAX Internet Communications Inc. (Nasdaq: MXIP - news), a provider of solutions for accelerated video communications over the Internet, announced today that it has retained The Rothschild Group to assist the Company in developing a strategic partner program to commercialize its Internet Media Processor technology, which is utilized in next generation Internet Appliances and enables one-way and two-way full motion video over the Internet via a super fast 72-bit processor and software configuration.
``Identifying key strategic partners will enable our MAX i.c.Live 72-bit VLIW Internet Media Processor to be fully utilized, offering the most cost effective and bandwidth efficient Internet video communication solution available today,'' stated Gary Raabe, Chief Technical Officer of MAX Internet Communications. ``Our 72-bit processor and its software programmability, versus the 32-bit technology used by our competitors, will be the key enabler of next generation Video Communication Appliances, as demonstrated by the MAX i.c.Live VCS, and partnering with telecommunication leaders is the next logical step for MAX.''
The Rothschild Group has a 200-year tradition as a leader in mergers and acquisition advice, equity capital markets, and other banking activities. With over 50 offices in 28 countries, Rothschild's international practice has a heavy telecommunications focus, having worked with many of the world's leading telecommunications companies.
``We are excited about the opportunity to help commercialize this leading- edge technology,'' stated Bill Coogan, Managing Director of Rothschild in New York. ``We have vast experience in the telecommunications industry and believe that while many companies are seeking to provide one-way video streaming over the Internet, MAX Internet Communications has the leading, patented technology to provide two-way, full-motion video over the Internet.''
MAX Internet Communications Inc., headquartered in Dallas, Texas, is a technology company whose products enable personal computers and other Internet appliances meet consumers' total video communications needs. MAX Internet utilizes 72-bit technology to provide the highest quality full motion video in the industry. For more information about MAX Internet Communications, visit the company's Web site at maxic.com. |
