USA Video Interactive Corp US Fri 1 Jun 2001 News Release
Mr. Tony Castango reports Phenomedia, Germany's largest creator of entertainment content for PCs, video game systems, the Internet, interactive television and mobile device platforms, has contracted USA Video Interactive to provide streaming media services for its customers and will start by streaming content for Phenomedia's client, Ferrero. Ferrero, a leading chocolate company in Germany, has launched a series of creative on-line games to promote its products and USVO is streaming one of the commercials embedded in these games. The contract is for three years and can be amended or cancelled on a monthly basis after a three-month minimum contract period. "USA Video has been very attentive to our needs, we are very happy to be working with them on this project," said Bodo Thevissen, project manager for Phenomedia. "We are happy to be working with international consumer products companies like Phenomedia and Ferrero," said Edwin Molina, president and chief executive officer of USVO. "It is a great use of our streaming technologies and certainly demonstrates one of the many ways we can help our clients attract new customers by leveraging the power of the Internet." About Phenomedia Phenomedia of Bochum, Germany, creates entertainment content for interactive television, the Internet and mobile device platforms. Phenomedia has been strengthening its role as a key supplier in the dynamically growing market of interactive entertainment through investments and acquisitions in Germany and abroad, and was the first publicly traded entertainment software company on the Neuer Exchange. Phenomedia also created the Moorhuhn on-line games championships, which have attracted hundreds of thousands of players from throughout Europe. The championship solidified Phenomedia's role in designing extremely entertaining games as highly effective promotional tools. Another example is the world smash hit, Catch the Sperm, which can be downloaded from www.catchthesperm.com. Phenomedia recently co-founded MobileScopeAG in Dusseldorf to develop software -- and game software in particular -- for mobile devices. Some of Phenomedia's other clients include Deutsche Telekom, Mercedes-Benz, Panasonic, Sony Music Publishing and RTL New Media. Phenomedia's Web site is located at www.phenomedia.com. |