USA Video Interactive Corp US
Shares issued 73,466,089 Sep 11 close $4.63
Tue 12 Sept 2000 News Release
Mr. Edwin Molina reports
USA Video Interactive is teaming with EMC Corporation, the world leader in
information storage, to offer a highly reliable, high-speed, end-to-end
media solution that uses EMC's family of CLARiiON storage systems.
EMC's CLARiiON storage systems will be offered as part of USA Video
Interactive's product line of high-performance Internet video systems to
provide USA Video Interactive's patented video-on-demand and streaming
video technology to customers with unparalleled levels of information
reliability, availability and scalability. Additionally, when development
of USA Video Interactive's patented Wavelet technology is complete, it will
be incorporated into these solutions, further enhancing its flexibility and
USA Video Interactive's ability to deliver the best possible video to home
modem users and to broadband users while requiring less download time,
reduced desktop storage requirements and smoother video streaming.
"USA Video Interactive is developing new standards in the rapidly growing
video streaming and video-on-demand market with an offering that will
provide new levels of reliability, intelligence and speed," said William
Taylor, EMC's director of global channels. "The addition of EMC CLARiiON
will give USA Video Interactive customers a competitive advantage in their
efforts to make video streaming a positive experience for Internet users.
"As we expand into international markets, working closely with EMC assures
our customers of the highest quality, most reliable Internet video, both
streaming and on-demand," said Edwin Molina, president and chief executive
officer of USA Video Interactive. "EMC's performance, reliability and
service are unsurpassed and provide the levels of quality our customers
demand. Whether bringing sporting events or entertainment extravaganzas to
the Internet, opening the Internet to enhanced e-commerce and business
development opportunities, or delivering educational content via satellite
to even the remotest areas of the globe, the EMC-USA Video Interactive
alliance will ensure customers and viewers the highest quality, most
reliable Internet video system in the world today and well into the future.
We are proud to work with EMC on this significant agreement."
About EMC
EMC Corporation is the world leader in information storage systems,
software, networks and services, providing the information infrastructure
for a connected world. Information about EMC's products and services can be
found at www.emc.com.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
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