USVO news>USA VIDEO INTERACTIVE INTRODUCES WORLD'S FIRST LINUX -WAVELET SET-TOP BOX TO
OPEN THE WORLD OF VIDEO-ON-DEMAND(TM) TO MILLIONS
MYSTIC, Conn., Jan 18, 2000 /PRNewswire via COMTEX/ -- Further to the
December 23 announcement of their intention to collaborate on
developing a next-generation set-top box incorporating the Linux
operating system and USA Video Interactive's Wavelet and
Video-on-Demand technologies, the three companies signed a contract
last week to produce the world's first Linux-Wavelet set-top box by the
Spring of 2000. In signing this landmark contract, USA Video
Interactive "USA Video Interactive (OTC Bulletin Board: USVO; Alberta:
US) (http://www.usvo.com), Eagle Wireless (OTC Bulletin Board: EGLW)
(http://www.eglw.com), and Urbana.ca (OTC Bulletin Board: URBA) will
produce an enhanced set-top box that makes true Video-on-Demand and the
advantages of rapidly growing Linux-accessed Internet accessible to
millions of people who can not yet get costly and sparsely available
broadband service.
"Especially in light of the recent merger of AOL and TimeWarner, it is
clear that Video-on-Demand is a high priority in the marketplace, but
its availability has been limited by bandwidth restrictions," said Dr.
H. Dean Cubley, president and chief executive officer of Eagle
Wireless. "Our new product, which incorporates some of the
extraordinary technologies and capabilities of our strategic partners
USA Video Interactive and Urbana, breaks through these barriers and
makes Video-on-Demand a reality now."
"Linux and Wavelet combined here let us offer all kinds of
'next-generation' services to our customers through these set-top boxes,
" said Jason Cassis, President of Urbana.ca. "With IBM and other
companies getting more and more involved with Linux, we believe its
possibilities are expanded enormously by the addition of USA Video
Interactive's Wavelet compression and Video-on-Demand technologies. I
think we are setting a new standard for performance, reliability and
flexibility in meeting the market-driven demands of our customers."
The contract states that Eagle will embed the Linux operating system
and USA Video Interactive's Wavelet and patented Video-on-Demand
technologies into a new set-top box being developed for deployment by
Urbana. The companies also will share technical expertise in research
and development of this and other new products to be announced in the
future such as Video Email, Video Conferencing and other technologies.
As part of the contract, USA Video Interactive also will supply
Wavelet-equipped video servers and other equipment to Urbana for its
upcoming deployments.
"This is an exciting partnership with endless possibilities," said
(COMTEX) B: USA VIDEO INTERACTIVE INTRODUCES WORLD'S FIRST LINUX-WAVE
B: USA VIDEO INTERACTIVE INTRODUCES WORLD'S FIRST LINUX-WAVELET SET-TOP BOX TO
OPEN THE WORLD OF VIDEO-ON-DEMAND(TM) TO MILLIONS
MYSTIC, Conn., Jan 18, 2000 /PRNewswire via COMTEX/ -- Further to the
December 23 announcement of their intention to collaborate on
developing a next-generation set-top box incorporating the Linux
operating system and USA Video Interactive's Wavelet and
Video-on-Demand technologies, the three companies signed a contract
last week to produce the world's first Linux-Wavelet set-top box by the
Spring of 2000. In signing this landmark contract, USA Video
Interactive "USA Video Interactive (OTC Bulletin Board: USVO; Alberta:
US) (http://www.usvo.com), Eagle Wireless (OTC Bulletin Board: EGLW)
(http://www.eglw.com), and Urbana.ca (OTC Bulletin Board: URBA) will
produce an enhanced set-top box that makes true Video-on-Demand and the
advantages of rapidly growing Linux-accessed Internet accessible to
millions of people who can not yet get costly and sparsely available
broadband service.
"Especially in light of the recent merger of AOL and TimeWarner, it is
clear that Video-on-Demand is a high priority in the marketplace, but
its availability has been limited by bandwidth restrictions," said Dr.
H. Dean Cubley, president and chief executive officer of Eagle
Wireless. "Our new product, which incorporates some of the
extraordinary technologies and capabilities of our strategic partners
USA Video Interactive and Urbana, breaks through these barriers and
makes Video-on-Demand a reality now."
"Linux and Wavelet combined here let us offer all kinds of
'next-generation' services to our customers through these set-top boxes,
" said Jason Cassis, President of Urbana.ca. "With IBM and other
companies getting more and more involved with Linux, we believe its
possibilities are expanded enormously by the addition of USA Video
Interactive's Wavelet compression and Video-on-Demand technologies. I
think we are setting a new standard for performance, reliability and
flexibility in meeting the market-driven demands of our customers."
The contract states that Eagle will embed the Linux operating system
and USA Video Interactive's Wavelet and patented Video-on-Demand
technologies into a new set-top box being developed for deployment by
Urbana. The companies also will share technical expertise in research
and development of this and other new products to be announced in the
future such as Video Email, Video Conferencing and other technologies.
As part of the contract, USA Video Interactive also will supply
Wavelet-equipped video servers and other equipment to Urbana for its
upcoming deployments.
"This is an exciting partnership with endless possibilities," said
Edwin Molina, President of USA Video Interactive. "It is part of our
strategic activities to provide true Video-on-Demand and high quality
streaming Internet video to people around the world in a whole variety
of applications from entertainment and education to corporate training
and interpersonal communications. It's bringing tomorrow one step
closer to today."
About Linux The Linux operating system is available from a number of
companies including Red Hat and others. Linux is a free Unix-type
operating system that includes true multitasking, virtual memory,
shared libraries, demand loading, proper memory management, TCP/IP
networking, and other features consistent with Unix-type systems. Due
to the nature of Linux's functionality and availability, it has become
increasingly popular worldwide.
About Eagle Wireless Eagle Wireless International, Inc., and
subsidiaries, is a leading supplier of broadband wired and wireless
equipment and services for the Internet, Multimedia Set-Top-Box, one-
and two-way wireless messaging, specialized mobile radio (SMR), remote
data acquisition and meter reading, and Integrated Wired and Wireless
Convergence product markets. The Company is headquartered in League
City, Texas, south of Houston. Further news updates on Eagle and its
products are available at eglw.com,
otcfn.com and compasspointgroup.com.
About Urbana.ca, Inc. Urbana.ca Inc. and its subsidiaries are
e-commerce, transaction and content companies that create Intranet and
Internet-based systems in conjunction with local area governments and
high profile corporations. Delivered through a set-top-box, local
communities can be provided with community-based entertainment and
information services widely used in all facets of everyday life. The
Company's headquarters are located in Ontario, Canada.
About USA Video Interactive USA Video Interactive is an international
designer and supplier of high-tech Video-on-Demand(TM) 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 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. 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.
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, including, without
limitation, possible changes in cost of materials, expense items,
capital expenditures, capital structure, and other financial items;
introduction of new products and possible acquisitions of assets or
businesses; possible actions by customers, suppliers, competitors,
regulatory authorities; and other risks detailed from time to time in
the Company's periodic reports filed with the Securities and Exchange
Commission.
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