Tuesday August 3, 9:11 am Eastern Time
Company Press Release
SOURCE: Global Media Corp.
Global Media offers preview of Industry-Leading Streaming Solution
Limited Alpha Now Available
VANCOUVER, Aug. 3 /CNW-PRN/ - Global Media Corp. (OTC BB: GLMC) (http://www.gmcorp.net; globalmediacorp.com)
Global Media is pleased to offer Media, Radio and Television Groups, institutional investors, and analysts an exclusive preview of the Global Media Player and Broadcast system from August 2, 1999 until August 28, 1999.
During August 31 - September 3, Global Media will be in attendance at the NAB Radio Show conference in Orlando, releasing Public Version 1.0 of the Global Media Player and officially kicking off the Global Media Broadcast Network.
The Global Media Player
The Global Media Player represents the Internet's ultimate listening and viewing experience. Created with the newest technology developed in cooperation with RealNetworks, (Nasdaq: RNWK - news), the Global Media Player offers the best in user functionality and entertainment value.
The Global Media Player is the portal through which all of the audio and video broadcasts aggregated onto the Global Media Broadcast Network can be accessed. These will be searchable by genre and provide extensive information on the broadcaster as well as a link to the private label e-commerce site provided by Global Media.
The Global Media Player gives Radio and other Media properties the advantage of maintaining and building their brand names on the Internet while providing the most compelling user experience possible. With its intuitive interface design and extensive use of dynamic content and animation promoting interactive experience, the Global Media Player is a unique media appliance.
''This first release of the Global Media Player signals a fundamental shift in the direction of Internet broadcasting,'' said Aaron Stone, VP of Business Development at Global Media Corp. We have combined the most robust broadcast network infrastructure with the most entertaining media player experience available on the Internet to broadcasters and media consumers...and this is only the beginning.'' Entertaining, functional, and interactive are three key words that have driven every stage of the Global Media Player development.
Station Branding
Branding is an essential element of the Radio station model. To date, however, the pitfall of other Internet broadcasting companies has been in their promotion of their own Internet brands, rather than of the client stations.
Not so in the Global Media Network. Client station brands are clearly identified in every panel of the Global Media Player. Combined with numerous promotional opportunities and links back to the Station's website, Global Media provides Internet Broadcasters the most robust branding solution possible.
Revenue Opportunities
The Global Media Player and Network Associate Program offer numerous non-traditional revenue streams.
Through demographically targeted advertising opportunities and the sale of entertainment products, the Internet broadcast solution is no longer an expense to Radio and TV properties, instead becoming a viable revenue generating system.
The Global Media Broadcast Network
Developed in conjunction with RealNetworks and MCI Worldcom, (Nasdaq:WCOM - news) the Global Media Broadcast Network, ''GMBN'' is a distributed, multi-tiered Internet broadcast network.
The GMBN uses a combination of Frame Relay and ATM (asynchronous transfer mode) technologies for signal aggregation at the Global Media Broadcast Operations Center. Through sophisticated custom built Linux Encoders, the Global Media Network guarantees quality of service, maintenance, and upgrades without interruption of the broadcast signal.
This alliance of leading edge signal aggregation and broadcast technologies provides client and end users with the highest quality streaming media experience available.
To access the Preview
Contact:
Ken Shortt Media Relations, (888) 744-3044; Monte Walls Burris, VP Corporate Affairs, (888) 322-2282 or Ian Wenig, Sales Manager, (888) 322-2282
Global Media is a fully reporting issuer to the SEC and is listed on Standard and Poor's Corporation Records. The Company trades on the NASD OTC Bulletin Board under the symbol GLMC. The company also trades on the Berlin Stock Exchange under the symbol GLE.
On behalf of the Board of Directors,
Michael Metcalfe
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and section 21E of the Exchange Act of 1934 and is subject to safe harbor created by these sections. Actual results may differ materially due to number of risks, including: the technological and operational challenges of developing and deploying the company's abilities to market the services and future customer acceptance and demand for the services.
PARTNERS: RealNetworks (RNWK), Liquid Audio(LQID), MCI Worldcom(WCOM), Muze
SOURCE: Global Media Corp.
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