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Microcap & Penny Stocks : USVO - USA Video Interactive

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To: james reinhart who wrote (373)11/11/1999 5:10:00 PM
From: bigbuk  Read Replies (1) of 648
 
Thursday November 11, 12:22 pm Eastern Time

Company Press Release

SOURCE: USA Video Interactive Corp.

USA Video Interactive Leads Seminar on 'Delivering
Disruptive Innovation' at International Business
Conference; Cites Role of Internet Video in Next Generation of
Entertainment

VANCOUVER, British Columbia, Nov. 11 /PRNewswire/ -- The chief financial officer of USA Video Interactive Corp.
(Nasdaq: USVO - news; Alberta: US - news; usvo.com ) Friday will address an international audience of business
leaders attending the Disruptive Innovation Conference, stating that his firm's Wavelet-based Internet streaming
Video-on-Demand(TM) is revolutionary because it meets customers' current needs and will meet their unstated future needs as
well.

''The prevailing trend is to wait until there is enough bandwidth to accommodate the limitations of old streaming video
technology,'' USA Video Interactive CFO Tony J. Drescher says. Citing the Thanksgiving evening webcast of the L.A. Music
Awards (http://www.lamusicawards.com) as an example, Drescher said, ''We are working with some forward-looking clients
who recognize that not only does our technology work best in today's limited bandwidth environment, but it also will meet the
future needs that many of their customers don't even know they have yet.''

Thus, Drescher says, USA Video Interactive can assist established companies in serving today's consumer demands for
streaming video while bridging to accommodate future demands with fully scalable and adaptable Wavelet compression
technology.

Drescher is introducing the Disruptive Innovation Conference's distinguished panel on Delivering Disruptive Innovation.
Panelists include Tim Jacobs, president of 1st Books, publishers of the Newcomer's Handbooks(TM) series; Dave Williams,
vice president of marketing for the music download directory Listen.com; and Garry Hare, executive vice president of
broadband media for Arepa.com, Inc., provider of broadband content on demand. The moderator is Spencer Reiss, vice
president of GilderGroup.

Disruptive Innovation (http://www.disruptivei.com) features cutting-edge presentations and analysis by Harvard Business
School's Clayton Christensen, author of The Innovator's Dilemma, which cracked the Top 10 on BusinessWeek's bestseller
list, and George Gilder, chairman of GilderGroup and a Senior Fellow at Discovery Institute where he directs Discovery's
program on high technology and public policy.

Disruptive Innovation is the business conference where there is no ''business-as-usual.'' Produced by GilderGroup and hosted
in Vancouver by the Four Season's Hotel, Disruptive Innovation attracts leading corporate thinkers and entrepreneurial
innovators, joined by an invitation-only delegate audience of top managers, executives, and investors. At Disruptive Innovation,
attendees confront today's most crucial management, investment, and innovation themes:

Will new technology blow us out of the water?
Will our ''stealth'' competitors eat our lunch?
Are new markets getting ready to explode right under our feet?
How can established, mainstream companies exploit the fast-moving, innovation-based opportunities that are driving
business today?

About USA Video Interactive

USA Video Interactive is an international designer and supplier of high- tech Video-on-Demand systems, services and
solutions. The USA Video Interactive technology allows users to view streaming video or to access digitized video libraries,
including movies, sports, other entertainment, educational resources, corporate training seminars and other archives. 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. USA Video Interactive can
utilize MPEG-1, MPEG-2 or MPEG-4 compression techniques but prefers its Wavelet compression technology. The USA
Video Interactive Wavelet technology allows direct streaming and download and play options; 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.

USA Video Interactive Corp.
US 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 1B2
800-321-8564 604-685-1017

Trading symbol on the US NASD OTC BB: USVO
SEC 12g3-2(b) Exemption: #82-1601.
Trading symbol on The Alberta Stock Exchange: US.
Standard & Poors Listed. CUSIP 902924208
USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are
trademarks of USA Video.

The Alberta Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

SOURCE: USA Video Interactive Corp.

More Quotes and News:
USA Video Interactive Corp (Alberta:US.AL - news; OTC BB:USVO.OB - news)
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