PayForView.com Signs Licensing Agreement With InGenius Multimedia to Develop Web Site
InGenius Multimedia Adds New Functionality and Content Capabilities
LOS ANGELES, July 6 /PRNewswire/ -- PayForView.com (''PayForView'') (OTC Bulletin Board: PAYV - news) today announced it has taken a key step in the development of its Internet entertainment broadcasting site by entering into a licensing and service agreement with the InGenius Multimedia Group of Companies. InGenius Multimedia will assist in the creation and further development of PayForView's Web site using InGenius Multimedia's sofTV.Author and sofTV.Playlist technology.
InGenius Multimedia's sofTV.Author and sofTV.Playlist will give PayForView users the flexibility to create a video-streaming page consisting of their own personally selected content and users will be able to schedule viewing today, tomorrow or next year. The software also has the capabilities to update content from the Internet automatically from live feeds and multiple video streams so they have the latest and most up-to-date video available.
Under the terms of the agreement, InGenius will be responsible for the preparation of the project plan and its implementation as well as providing ongoing engineering maintenance and support. Additionally, they will work closely with PayForView to develop and refine the business strategy and corporate image throughout the design and construction phases.
''We are thrilled that Payforview.com has chosen to use our services,'' said InGenius President Dale Gantous. ''SofTV products have been designed to meet the sophisticated content streaming needs of dynamic companies like Payforview.com.''
''The Internet holds tremendous potential for delivering a wide variety of entertainment, but having the ability to deliver the content when users want it and where they want it is key,'' said Marc A. Pitcher, president of Payforview.com. ''Working with InGenius Multimedia will give us that capability and its technology will play a critical role as we develop a highly customizable and powerful site for our users.''
sofTV technology was originally created for the television broadcast industry and was later designed to support the increasing need for streaming media companies to manage their data more efficiently and to offer Internet subscribers the ability to design their own personal entertainment pages.
About InGenius Multimedia Inc.
InGenius Multimedia Inc. is a leader in the development of cutting-edge software products and related services. With a background in software development, video broadcasting and the Internet, InGenius Multimedia are leaders in the emerging Streaming Media marketplace. InGenius Multimedia's product line, under the umbrella name, sofTV.net, is a suite of tools designed to facilitate and automate the production and broadcast of multimedia content on the web. InGenius Multimedia is part of the InGenius family of companies, in business since 1986 providing leading-edge software solutions to the telecommunications and broadcast industries.
About PayForView
PayForView.com is an Internet based entertainment company that will distribute movies, music, sports, and live events direct to viewers on a pay-for-view, retail and e-commerce basis. The company is in the process of acquiring content and creating programming and broadcasting specifically for the Internet. Additionally, the company has ''Off Line'' sources of revenue, through Hip-Hop music label Street Solid Records, which is releasing four albums over the next four months through K-Tel Distribution and entertainment company Voyager International Entertainment, which is in negotiations for the international rights to a number of motion pictures.
For further Information, contact Corporate Communications for payforview.com, Toll Free: 800-545-7214, or fax 604-688-9519, or email: invest@payforview.com or web: payforview.com. Go to wallstreetresearch.net to view the Wall Street Research Report, or call Toll Free in the USA 888-615-1145 to request a written report.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by payforview.com) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Internet industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
NOTE: sofTV and sofTV.net are registered trademarks of InGenius Multimedia Inc. All other product and company names are trademarks of their respective holders.
SOURCE: PayForView.com |
