SAN FRANCISCO--(BUSINESS WIRE)--April 15, 1996--U2 And IVT Initiate First Worldwide Burstware Video Transmission From Europe To The United States; World Renowned Band To Send Personal Greeting And Four Music Videos In Faster-Than-Real-Time Over A Standard Wide-Area Data Network To Nab Show Floor in Las Vegas.
SAN FRANCISCO--(BUSINESS WIRE)--April 15, 1996--Instant Video Technologies Inc. (IVT) today announced that the music group U2 will initiate the first ever "faster-than-real-time" worldwide Burstware video transmission from London to the NAB show floor in Las Vegas.
IVT has licensed a Burstware Viewer to Vyvx and it is initially available exclusively on the Vyvx network. IVT and Vyvx
will be demonstrating faster-then-real-time video transmissions in the Vyvx NAB Booth No. 10157, at 9 a.m. on Monday, April 15.
The U2 video transmission signifies a new era for video transfer via commercial networks for post-production and broadcast
industries. IVT's patented Burstware technology enables the transmission of video and audio programming between
locations via high-speed internal or commercial networks.
Faster-than-real-time transmission means that a video transfer is completed in less time than it takes to play the program material at normal playback speed.
"The Vyvx network with the Burstware Viewer will enable our current video customers to deliver content to their markets in truly unique ways," said Wes Nichols, director of advanced technologies, Vyvx Inc.
"Network users can preview video content instantaneously from their Web browser without having to wait for a file to be transferred, stored on their hard drive and then played. Vyvx and the Burstware Viewer together become the foundation for our future network-video media's broadband Intranet."
"Burstware will revolutionize the way people produce and distribute video," said Gary R. Familian, president and chief executive officer of IVT. "The burst transmission of video at the Vyvx booth at NAB clearly demonstrates that faster-than-real-time transfer is key to enabling the efficient and effective handling of multimedia content within the post-production and broadcast industries."
IVT recently licensed the Burstware Viewer technology to Vyvx, an operator of high-speed, worldwide digital networks. The Burstware Viewer enables Solaris- and UNIX-based servers to distribute video programming to multiple PCs running Windows 3.1 or Windows 95 via Netscape Navigator.
IVT was established in 1988 and pioneered faster-than-real-time transmission of audio and video programming, which the
company refers to as "burst" transmission. The company is currently in development of several Burstware products and applications for the electronic media industry.
Instant Video Technologies Inc. is a public company trading on the OTC Bulletin Board under the symbol IVDO, and can be found on the Internet at burst.com.
Vyvx is the international video telecommunication service unit of The WilTech Group, a subsidiary of The Williams Companies Inc., based in Tulsa, Okla.
The Williams Companies (NYSE:WMB) include the nation's largest system of interstate and natural gas pipelines; one of the
nation's largest natural gas gatherers and processors; a Midwest petroleum liquids pipeline; ethanol production and marketing; a national business-telecommunications equipment sales and service company; and a nationwide fiber-optic satellite video services provider.
Company information is available on the Internet at twc.com.
NOTE TO EDITORS: Burstware and Burstware Viewer are trademarks of Instant Video Technologies Inc. All other product
or company names are the property of their respective holders.
CONTACT: Instant Video Technologies Inc.
Sara Tollefson, 415/391-4455
sara@burst.com
NAB Booth No. 10157
or
The Benjamin Group
Andy Ramm or Kelly A. Lynch, 408/559-6090
aramm@sv.tbgi.com |
