Watch OBAS...Starting to move again. Probably on this recent news.
SAN JOSE, Calif., Nov. 15 /PRNewswire/ -- Optibase (Nasdaq: OBAS - news) today announced an OEM
agreement with Cisco Systems (Nasdaq: CSCO - news) under which Optibase will supply its MPEG
MovieMaker 200 MPEG-1 and -2 encoding solutions for Cisco Systems' IP/TV solution. According to the
terms of the agreement, Cisco will integrate Optibase's MPEG digital video hardware using Optibase's
Progression(TM) Software Development Kit (SDK) with Cisco's IP/TV 3400 Broadcast Servers and will
retain nonexclusive rights to promote, market, resell and distribute the technology. In addition, Optibase's
Videoplex XPress(TM) is used as the MPEG hardware decoder for Cisco's IP/TV 3.0.
IP/TV is a complete network video solution that combines a family of high performance servers with
client-server software. It transmits live and pre-recorded video to desktop PCs over IP networks.
Integrating Optibase's digital video products with Cisco's IP/TV 3400 Broadcast Servers allows efficient
streaming of high quality video over networks while conserving bandwidth. IP/TV distinguishes itself by
offering TV-quality video, built-in scalability, comprehensive management, personal program listings, and
network-friendly technologies such as IP Multicast. News and information are available at
cisco.com.
Bob DeFeo, President of Optibase, Inc., said ''We are very excited to have Cisco as an OEM partner. The
combination of Optibase's MPEG digital video technology and Cisco's IP/TV is the ideal solution for
business customers who wish to deliver high quality video across the enterprise. Our work with Cisco
showcases Optibase's competence in the digital video networking arena, and demonstrates our
commitment to becoming the premier provider of media streaming solutions for the network
infrastructure.''
The Optibase MPEG MovieMaker 200 is a single-board MPEG-1 and MPEG-2 real-time encoder which
supports the entire spectrum of video and audio encoding, from MPEG-1 through high-end MPEG-2
encoding. By using Progression(TM), Optibase's software toolkit, developers can easily integrate and
customize Optibase products to fit applications requiring transmission of high quality video at low to
medium bandwidths, such as streaming video over intranets, video networking and medical imaging.
About Optibase
Optibase provides high-quality, cost-effective solutions that enable the preparation and delivery of
MPEG-based digital video over ATM and IP-based networks. Based on the company's expertise in both
MPEG and network technologies, Optibase has created a suite of products used in applications such as
digital video archiving, distance learning, business television and content creation
For more information contact: Optibase, Inc., 3031 Tisch Way, Plaza West, Suite 1, San Jose, CA 95128,
or call 408/260-6760, 408/244-0545, fax, or visit www.optibase.com. |
