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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.3%Oct 22 10:15 AM EST

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To: Nagaraju R. Arakotaram who wrote ()12/28/1999 12:02:00 PM
From: -Mad-Jon   of 431
 
Another Company Press Release Tuesday December 28, 11:23 am Eastern Time

Italy's Pay-Per-View Giant TELE+ Buys Second Broadcast MediaCluster From SeaChange

MILAN, Italy--(BUSINESS WIRE)--Dec. 28, 1999--TELE+, Italy's largest pay-per-view broadcaster, is streamlining more of its multichannel operations with another Broadcast MediaCluster video server system from SeaChange International, Inc. (Nasdaq:SEAC - news). To be installed in TELE+'s Milan headquarters alongside an existing Broadcast MediaCluster, the second system enables TELE+ to further strengthen its digital video based operations. TELE+ is the Italian subsidiary of Europe's leading pay television company, CANAL+.

TELE+'s second Broadcast MediaCluster is a five node configuration, capable of storing over 300 hours of video at 8Mb/s with up to 20 I/Os. The MPEG-2 4:2:2 Broadcast MediaCluster video server system leverages SeaChange's patented MediaCluster server architecture to address the challenges of multichannel broadcasting with the greatest degree of fault-resilience and cost-effective scalability in the television industry.

Serving 25,000 television channels for broadcast and cable television companies worldwide, SeaChange International, Inc. (www.schange.com) is the leading provider of MPEG-2 digital video systems. SeaChange's products, incorporating the Company's patented software and hardware technologies, automate the management and distribution of video streams including advertisements, movies, news updates and other broadcast-quality video programming requiring precise execution. Founded in 1993, SeaChange is headquartered in Maynard, Massachusetts. SeaChange's EMEA (Europe, Middle East and Africa) sales operation, headquartered in Genoa, Italy, is managed by Marcello Dellepiane (tel. +39 010 5530177).

MediaCluster is a registered trademark of SeaChange International, Inc.
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