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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT)

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To: MasonS who wrote (224)10/14/1999 10:00:00 AM
From: Skywatcher  Read Replies (1) of 786
 
NorthPoint Announces Strategic Partnership With iBEAM
Leading Data CLEC to Combine Broadband Access With Satellite Broadcast
for High-Quality Multimedia Content Delivery Over the Internet
SAN FRANCISCO, Oct. 14 /PRNewswire/ -- NorthPoint Communications, Inc. (Nasdaq: NPNT - news) today announced a strategic partnership with iBEAM Broadcasting of Sunnyvale, California, to bring high-quality streaming content over digital subscriber line (DSL) technology to its Internet and other network service provider partners and end users in 28 major U.S. markets.
NorthPoint, a leading competitive local exchange carrier, will accept Internet content beamed from iBEAM's satellites directly to its DSL network, enabling businesses and residential customers to enjoy enhanced streaming media over the Internet. In addition to enhanced image and sound quality, NorthPoint's alliance with iBEAM will enable its ISP and other service provider partners to achieve greater network efficiencies when delivering content to their customers.
''This is an important step in our commitment to build the Internet distribution network of the future,'' said Michael Malaga, chairman and CEO of NorthPoint Communications. ''There's an abundance of Internet content out there, and the ability to deliver it reliably and with high quality an important element of NorthPoint's strategy. We believe iBEAM's high- performance network will help us improve the Internet experience through greatly enhanced quality and speed.''
''NorthPoint is an instrumental partner in deploying our network,'' said Peter B. Desnoes, president of iBEAM. ''NorthPoint will be able to bring high- quality streaming services to its customers, and iBEAM will be able to expand its service footprint.''
By delivering content, broadcast via satellite, over a DSL-based broadband connection, NorthPoint offers its ISP and other wholesale partners a powerful tool. Because the content is delivered over
satellite directly to NorthPoint's network -- bypassing the multiple networks that make up the public Internet -- consumers and businesses gain access to streaming video and audio without transmission delays and impaired quality all too common for Internet transmissions. The DSL connection enables small and medium sized businesses, as well as consumers, to take advantage of the power of broadband without the expense of a T1 connection.
About iBEAM Broadcasting
iBEAM Broadcasting, headquartered in Sunnyvale, Calif., has created a distributed network infrastructure to deliver CD-quality audio and broadcast quality video on the Internet. The iBEAM architecture has the scalability required to support mass audiences, as well as the economic advantages of point-to-multipoint broadcasting. Founded by data communications, television and telecommunications professionals in 1998, iBEAM Broadcasting Corporation's mission is to provide
a key infrastructure component in a new era in rich multimedia Internet applications for the mass market. For additional information visit ibeam.com or contact the company at 645 Almanor Avenue, Suite 100, Sunnyvale, CA 94086, 408.523.1600.
let's keep the customers flowing!@
Chris
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