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Inetcable.com to Unveil New Broadband Service for Internet Broadcasters
Thursday, February 17, 2000 10:30 AM Mail this article to a friend
USA Video Interactive Completes Development and Testing of Technology; All Systems 'Go' for Orlando Demonstration
MYSTIC, Conn., Feb. 17 /PRNewswire/ -- Inetcable.com will unveil its new broadband delivery service at the North American Broadcasters Association annual meeting in Orlando, Florida next week. Television networks including PBS, CNN, TeleVisa and others will participate in the upcoming demonstration of Internet broadcast of TV at the meeting. The system designed by USA Video Interactive (OTC Bulletin Board: USVO; CDNX: US; usvo.com) and Inetcable.com has been completed and is performing flawlessly. In the next few days, portions of the system will be shipped to the Ottawa, Canada headquarters of Inetcable.com and to the DisneyWorld Convention Center in Florida for the demonstration.
"With our very tight deadlines, USA Video Interactive and our own engineers collaborated to produce the most highly advanced overall system in the industry," said Stuart Duncan, President of Inetcable.com. "The leadership of USA Video Interactive in this project has been invaluable and the proof will be seen next week."
The demonstration is the first deployment of several additional deployments planned by Inetcable.com in the immediate future. Additionally, the number of network stations carried by the USA Video Interactive/Inetcable.com system will expand to 60 or more and will include signals from Mexico, the United States and Canada.
"This is an excellent combination of the leading innovative Internet video technology with the leading innovative cable broadcast technology to lead the way in opening a whole new realm in entertainment," said Edwin Molina, President of USA Video Interactive. "It is what technological convergence is all about-bringing the best aspects of technologies together for the benefit of the user."
In its role as technology partner and integrator with Inetcable.com, USA Video Interactive also worked with Inetcable.com on the satellite portion of the project. The concept of this project is to route live TV broadcast signals to USA Video Interactive's "live" encoding engines. The TV signals are then compressed using USA Video Interactive's Lightning Strike Wavelet compression technique, then coupled with Inetcable.com's broadband viewer and caching software and routed through USA Video Interactive Hurricane video servers to be broadcast via Inetcable's satellite distribution system. The signals feature the world's first international broadband netcasts of Spanish and English language programming at 30 frames per second.
About Inetcable.com
Inetcable.com is the world's first Internet cable television provider. It operates in 32 major U.S. markets as well as Canada. Inetcable.com, in conjunction with the North American Broadcaster's Association (NABA), is developing the first international high-speed broadband delivery network portal for broadcasters around the world. Inetcable.com provides free web delivery and hosting services to broadcasters worldwide. There is no charge to use Inetcable's international high-speed web delivery service comprised of satellite and terrestrial fiber networks or to use Inetcable.com's encoding service.
Though not publicly traded at this time, Inetcable plans an IPO later this year. To learn more about Inetcable's services, visit inetcable.com.
About USA Video Interactive
USA Video Interactive is an international designer and supplier of high- tech Video-on-Demand systems, services and solutions. The USA Video Interactive technology gives users full-motion video; the unique flexibility of standard, VCR-like controls of play, fast-forward, reverse and pause; and the convenience of a standard internet-browser format for access. Its Lightning Strike Wavelet technology provides video images significantly faster and at a higher degree of resolution than with previously available methods; significantly overcomes bandwidth restrictions; and eliminates the blockiness and slowness of current technologies, all at a lower cost. An essential feature of the USA Video Interactive technology is that it allows extremely high compression ratios while retaining near-broadcast quality. For more information on USA Video Interactive, visit usvo.com.
Corporate Headquarters Office: 70 Essex Street; Mystic, CT 06355; 800-625-2200; 860-572-1560. Canada Office: 837 West Hastings Street; Suite #507; Vancouver, B.C. V6C 3N6. Trading symbol on the US NASD OTC BB: USVO; SEC 12g3-2(b) Exemption: #82-1601. Trading symbol on The Canadian Venture Exchange: US. Standard & Poors Listed. CUSIP 902924208; USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are trademarks of USA Video Interactive. The Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations, 860-572-1560; info@usvo.com
InetCable Inc. is located at 2211 Thurston Drive, Ottawa, Ontario, K1G 6C9, Canada. And Metropolitan Park West, 1100 Olive Way, Suite 1600, Seattle, Washington, 98121
For more information contact:
InetCable.com USA Video Interactive
Heidi Horwat Tony Castagno, Media Relations
613-248-1000 860-572-1560
Extension 209 Kevin Yorio, Investor Relations
hhorwat@5DTV.com 860-572-1560
info@usvo.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
SOURCE USA Video Interactive
CONTACT: Heidi Horwat of InetCable.com, 613-248-1000, ext. 209, hhorwat@5DTV.com; or Tony Castagno, Media Relations, 860-572-1560, or Kevin Yorio, Investor Relations, 860-572-1560, info@usvo.com, both of USA Video Interactive
Quote for referenced ticker symbols: USVO
© 2000, PR Newswire |
