I have followed SATI off and on thru the years and this is a good fit for both companies...SATI is listed otc bb at a dime.
(COMTEX) B: QuesTec and SISCOM sign Strategic Alliance and System Int
B: QuesTec and SISCOM sign Strategic Alliance and System Integration Agreement
DEER PARK, NY, Sep 29, 1999 (BUSINESS WIRE) -- QuesTec Imaging, Inc.
(NASD-BB: QSTI) has signed a three-year Strategic Alliance and System
Integration Agreement with SISCOM, Inc. (NASD-BB: SATI) of Boulder,
Colorado.
Under this agreement, SISCOM and QuesTec will work together to enhance
and develop new information and display solutions for mainstream
professional sports. SISCOM brings a wealth of experience in high-
performance database management, logging retrieval, coaching and
statistical software to QuesTec's existing data capture, virtual replay
and eSports(TM) technology. This new relationship creates a dynamic
catalyst for the expansion of each company's products and technology
into new sports. SISCOM and QuesTec will complement each other's areas
of expertise, to create real-time digital capture, motion-tracking and
display systems that can be used for athletic development and
evaluation, scoring, sports analysis, television production, internet
broadband distribution and other media convergence.
"SISCOM relishes the latent potential which arises from the layering of
our analytic data mining tools upon QuesTec's field-proven telemetric
acquisition capabilities. Together we can automatically repurpose
existing client video assets with unparalleled efficiency, flexibility
and economy so as to synthesize electronic media products in real-time
for focused delivery. The synergy between the businesses of QuesTec and
SISCOM is phenomenal, further, the technology combination is readily
applicable to many new opportunities, both business-to-business and
business-to-consumer," said Michael J. Ellis, SISCOM Chairman and CEO.
SISCOM is a leading provider of innovative technical solutions to the
sports industry. As a long-time systems integrator serving such
organizations as NBA Entertainment, NHL Productions, ESPN Sports
Century, FOX Sports and Turner Sports, SISCOM has developed advanced
systems that transform one-dimensional video tape into multidimensional
tools for coaches, players and executives. SISCOM provides development
and coaching systems for 12 NBA teams such as the Knicks, Heat, Pacers,
Blazers, Raptors, Hawks, etc., and for three NHL teams which include
the Coyotes, Leafs and Thrashers. The integration of SISCOM's and
QuesTec's technology will allow the two companies to significantly
enhance the information services they currently provide and will
continue to develop for basketball, hockey and baseball.
"SISCOM's vast experience within the NBA and NHL will greatly
facilitate our entry into these markets. We have been communicating and
working together for over a year now; the symmetry and complementary
technologies are truly dynamic. This relationship will allow both
companies to step up efforts for expansion into new sports markets. The
integration of our technologies offers our clients and prospects a
total solution for their information needs", stated Christopher J.
Malone, QuesTec's New Media Manager.
QuesTec provides real-time motion capture, replay and analysis products
for sports entertainment, display media, business and industry. The
company develops real-time virtual replays and eSports(TM) technology
for mainstream professional sports and entertainment. QuesTec's
technology enablement offers unique content and visualization for the
convergence of today's emerging digital media.
For more information on QuesTec Imaging, Inc. contact the company at
(516) 243-1880 or visit www.questec.com. For additional information on
SISCOM, Inc. contact the company at (303) 449-0442, or visit
www.SISCOMmedia.com.
This news release was prepared by management and they accept
responsibility for its contents and forward-looking statements. Michael
Russo - President
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: QuesTec Imaging, Inc.
Michael Russo
516/243-1880 or visit www.questec.com
WEB PAGE: businesswire.com
GEOGRAPHY: NEW YORK
INDUSTRY CODE: COMPUTERS/ELECTRONICS
COMED
TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET
ENTERTAINMENT
SPORTS
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