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Technology Stocks : TeraGLOBAL Communications Corp. (TGCC)

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To: MF who wrote ()8/31/1999 3:45:00 PM
From: TheSlowLane  Read Replies (1) of 235
 
TeraGlobal Demonstrates Breakthrough Technology at Seybold Conference
Converged voice, video and media service enhances communication, collaboration and productivity for publishing industry and others
SAN FRANCISCO--(BUSINESS WIRE)--Aug. 31, 1999-- TeraGlobal Communications Corp. (OTC BB: TGCC), the first company with a true convergence solution for voice, video and media, today announced its support for Apple's new Power Mac G4.

An Apple Value Added Reseller and Developer, TeraGlobal's service, TeraMedia(tm), will utilize the power of Apple's new Power Mac G4.

"TeraGlobal's breakthrough technology creates enterprise value by converging media -- voice, video and data -- in an interactive, cost-effective, global service, linking two persons or thousands," said Paul Cox, President of TeraGlobal. "It enhances workflow efficiency and personal productivity, while saving time and money. It operates in real time -- across secure, private, all-ATM networks. It is the comprehensive communication and collaboration solution."

"Perhaps most important," noted Mr. Cox, "TeraMedia brings people together for instant communication and interaction -- breaking down the barriers of distance and time that otherwise separate them."

"The new Power Mac G4 brings supercomputer speeds to personal computing," said Phil Schiller, Apple's vice president of worldwide product marketing. "TeraGlobal's support for the new platform means TeraMedia's customers worldwide will soon be able to create and manipulate the most complex graphics files with unprecedented speed."

Of particular note for the publishing industry, TeraMedia allows users to communicate and collaborate through the sharing of all forms of digital media, including text, data, graphics, 3D objects, audio, video, and virtual reality. TeraMedia customers have unlimited, guaranteed access to their networks, 24 hours a day, 365 days a year.

TeraGlobal is marketing TeraMedia to early adopter clients in the publishing, corporate, distance education, medical, entertainment, and government sectors, among others.

One of TeraGlobal's early adopters is Cinetech Labs, Inc., a Southern California-based film restoration company that works with several of the largest film production companies in the entertainment industry on a worldwide basis. The Company is working closely with Cinetech in implementing a specialized version of its service, called TeraStudio(tm), to provide a communications and collaboration solution to enhance the efficiency and productivity of entertainment organizations collaborating nationwide and around the world.

TeraMedia Services are provided through an extended Service Agreement with a fixed monthly fee that is all-inclusive, bundling the cost of network and workstation hardware, software licenses, help desk, and all connectivity charges into a single bill. This gives customers the full utility of a TeraMedia Network solution without the high up-front capital expenditures associated with other networks and without the need to establish external financing.

TeraGlobal Communications Corp. (TGCC) is introducing a new communications service called TeraMedia(tm) that allows customers to share media-rich (voice/video/data) communications and collaboration across a secure private all-ATM network. The service integrates the hardware, software, network, and advanced compression technology necessary to deliver real-time, point-to-point and point-to-multipoint, interactive communications and collaboration solutions -- saving customers time and money while enhancing workflow efficiency and personal productivity. It has been described as revolutionary in its ability to transform the organizational communications landscape.

TeraGlobal has developed a strong network of strategic alliances with such companies as Apple Computer, Inc. (AAPL), Motorola, Inc. (MOT), FORE Systems, Inc., Ingram Micro, Inc. (IM) and Sprint Communications Company, L.P. (FON)

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