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Microcap & Penny Stocks : PICK Communications Corp. Press release
PICK 51.12-2.3%4:00 PM EST

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To: S-Choir who wrote (672)6/16/1999 8:40:00 AM
From: LowRider   of 746
 
Monday June 14, 10:42 am Eastern Time
Company Press Release

PICK Sat And C-3D Digital to Demonstrate IP Broadband Delivery of 3-D Video

PICK Sat's IP Multicast Satellite Capability to Enable Delivery Of C-3D's Three-Dimensional Video to Broadband Networks
CHICAGO--(BUSINESS WIRE)--June 14, 1999-- PICK Sat Inc., a subsidiary of PICK Communications Corp. (OTCBB: PICK - news), will demonstrate a satellite-delivered multicast IP broadband version of C-3D Digital's (AMEX.DDD) three-dimensional video in the C-3D booth at the Cable '99 Convention and International Exposition in Chicago.

''We are demonstrating PICK Sat's ability to deliver C-3D's exciting three dimensional video to broadband networks,'' said Thomas M. Malone, chief executive officer of PICK Communications Corp. ''This is a perfect application for PICK Sat's technology, which bypasses congestion on the Internet and enables content providers to deliver high quality audio and video streaming programming through broadband terrestrial networks, such as cable modem and xDSL, to broadband network end users.''

''PICK Sat's solution will allow us to expand the launch of our 3-D video programming beyond satellite and cable television subscribers to users subscribing to broadband Internet and multimedia services,'' said Michael Heil, chief executive officer of C-3D Digital.

C-3D Digital has developed stereographic 3D, and 2D-to-3D real-time conversion and display capabilities. Subscribers to C-3D's programming service will experience extreme 3D sports, movies, events and pop-out animation in their own homes.

PICK Sat converts C-3D Digital's video stream into a high bandwidth, satellite-delivered IP broadband stream, which is enabled into broadband terrestrial networks that wish to offer the C-3D broadband service to their end-user subscribers.

PICK Sat's platform leverages the company's relationships with Microsoft and Harmonic Data Systems. Microsoft's Windows Media Server technologies are integrated into PICK Sat's Network Operating Center (NOC) in Miami and used to convert the video programming into an Internet Protocol video stream, viewable via the end-user's PC using the Internet Explorer 5.0 browser and Windows Media Player. Harmonic Data Systems enables the satellite delivery of the Internet Protocol video stream into terrestrial broadband service providers.

Cable '99, NCTA's 48th Annual Convention and International Exposition, will be held June 13-16, 1999, in Chicago, Illinois. Additional, up-to-the-minute Cable '99 information, including convention schedule and registration materials, is available via the Cable '99 website, www.cable99.com; from the ''Fax on Demand'' line (732.544.2514); or from the NCTA's Industry Affairs Dept. (202.775.3669).

C-3D Digital, Inc. is an advanced technology-oriented company in the communication and entertainment industries. As innovators of 3D entertainment technology, C-3D Digital is the first television network to offer exclusive 3D programming to satellite and cable TV, and broadband Internet subscribers.

PICK Communications Corp., headquartered in Wayne, N.J., operates PICK Sat Inc., which provides satellite-based Internet access and interactive multimedia services to end-user service providers, and PICK Online.Com Inc., a media-content aggregator and satellite multicast delivery service for Internet Service Providers (ISPs) and Broadband Networks, including Cable Modem and Asynchronous Digital Service Line (ADSL) service providers.

For additional information on PICK Communications Corporation and its subsidiaries, please see the company's Web sites: www.picksat.com; www.pick-online.com and www.pickradio.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. The Company's actual future results could differ materially from the forward-looking statements discussed herein based on certain risks and uncertainties, including the Company's immediate need for additional funding, the repayment of substantial short-term indebtedness, significant and continuing losses, dependence on a limited number of clients, dependence on and obligations to third-party carriers, dependence on the Internet, timely development and acceptance of new products in a constantly evolving telecommunications industry, the impact of competitive products and pricing, government regulations and the other risk factors detailed from time to time in the Company's SEC reports.
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