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Technology Stocks : Front Porch Digital (FPDI)

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To: leigh aulper who started this subject1/21/2004 5:05:36 AM
From: leigh aulper  Read Replies (1) of 20
 
Canal+ Selects Front Porch Digital for its New Master Control Operation Facility French Broadcaster Will Centralize Archive Operations with DIVArchive Solution

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Wed Jan 21 05:00:00 2004 EST
MOUNT LAUREL, N.J., Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ --
Front Porch Digital
Inc. (OTC Bulletin Board: FPDI) announced today that Canal+ has made the
critical transition to a digital video archive for its new state-of-the-art
master control room with the acquisition of a DIVArchive solution from Front
Porch Digital. The DIVArchive solution will be integrated into a server-based
infrastructure and will be installed at the broadcaster's national facility in
Paris, thereby streamlining the management and distribution of all program and
commercial material.
"We are building a totally new master control operation facility and have
decided to take advantage of digital-server technologies by automating the
storage and retrieval of digital video content," said Olivier Hermen,
Broadcast TV Technical Director of Canal+. "This implementation will improve
the organization of the current and upcoming content, and is also the first
step of a bigger project for the elimination of video tapes.
"We selected Front Porch not only for DIVArchive's superior functionality,
but specifically because no other competitor could demonstrate the same level
of technical expertise, and prompt reaction to our last minute demands, said
Mr. Hermen. "Also, Front Porch was the only vendor who was able to show and
bring us to real operational sites in the local area. The reference sites we
visited clearly demonstrated that Front Porch deserves its best-in-class
reputation."
"Front Porch Digital is very proud to be selected by Canal+ to help
transition their infrastructure to a tapeless environment," said Rino
Petricola, Managing Director and Vice-President, Front Porch Digital
International. "Canal+ is taking advantage of DIVArchive open and distributed
architectures to leverage modern workflows that deliver greater operational
efficiency throughout its company. We are pleased and committed to assist
Canal+ in their implementation of this groundbreaking project."
About Canal+: Canal+ is Canal+ Group's French premium channel. It features
recent movies and exclusive sporting events, and had more than 4.8 million
subscriptions in December 2003. Canal+ Group, a 100% Vivendi Universal
subsidiary, is a major European player in the production and distribution of
pay-TV channels and interactive services, the production and distribution of
film and television programs and the marketing of sports rights. At the end of
2003, Canal+ Group had a total of 8 million individual and collective
subscriptions in France (premium channel, satellite and cable) and, through
CanalSatellite, Canal+ Group has the leading French satellite platform.
About Front Porch Digital: Front Porch Digital Inc. (www.fpdigital.com) is
transforming the digital world by developing unique software and services that
convert audio, video, images, text and data into digital formats that enable
searching, browsing, editing, storage and on-demand delivery of content in
nearly any other digital format through a single capture. Front Porch is the
number one provider of archive management software in Europe and Asia.
Front Porch Digital Forward Looking Statements: This news release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, which reflect Front Porch Digital's current
views with respect to future events and financial performance. Such statements
are subject to certain risks and uncertainties that could cause actual events
or results to differ materially from those indicated from such forward-looking
statements. The potential risk factors include Front Porch Digital's limited
operating history and experience in the data and video digital conversion
business, Front Porch Digital's ability to attract significant additional
financing and incur operational losses and negative cash flow, and risks
associated with expansion. Additional risk factors are set forth in Front
Porch Digital's reports and documents filed with the Securities and Exchange
Commission.
SOURCE Front Porch Digital Inc
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