I just found this..hope it gives somemore evidence that VIDNET is ready to swing out!
Press Releases
VIDNET FIRST TO LICENSE PERSONAL WEBCASTING ?POWERED BY
POPCAST?
LOS ANGELES, CA (February 14, 2000) ?POPcast Communications Corp.,
the leading application service provider in the personal Webcasting market
space, today announced the completion of a licensing agreement with Vidnet,
a division of Entertainment Boulevard, Inc. (NASD OTCBB: EBLD), that will
offer a customized version of POPcast?s personal video sharing service on the
Los Angeles-based company?s leading streaming-entertainment site,
www.vidnet.com.
?As a leading site for streaming entertainment related content, the ability to
offer our community members an easy means of streaming their personal
audio and video content over the Web is a natural extension of our services ?
and one that we look forward to implementing as quickly as possible,? said
Stephen Brown, CEO of Entertainment Boulevard. ?Based on POPcast?s
history in Webcasting, their partners, and the fact that they?re the only
company focused on enabling video sharing services for Web portals, we?re
thrilled to be the first company to license their impressive application service,?
he added.
?Vidnet is a prime target for our service due to its stature in the industry and
technology-enabled community base.? said William Mutual, POPcast?s
President and Chairman. ?Demand for audio and video sharing services is here
today, and we?re ready to make it available through a premiere entertainment
destination site such as Vidnet.?
Under terms of the one-year agreement, Vidnet?s community members will be
able to upload up to ten megabytes of audio or video content for free, encoded
at rates as high as 300 kilobytes-per-second. Playback of the encoded
content will include a ?Powered by POPcast? graphic linked to
www.popcast.com in the playback window. The new service is scheduled to
become available on Vidnet.com in March 2000.
Built upon the company?s solid foundation in Webcasting, POPcast?s
scaleable self-service Webcasting application features a sophisticated tool
set that offers rapid configuration and extensive customization options.
POPcast licenses this proprietary application service to leading Web
destinations, major ISPs, computer manufacturers and retailers.
About POPcast Communications Corporation
Los Angeles-based privately held POPcast (http://www.popcast.com) is
the first ASP to offer a complete solution for self-service Webcasting by
integrating an easy-to-use front-end publishing service with an automated
back-end media management database and an efficient Internet multimedia
distribution network. POPcast?s predecessor is ITV.net, a leading live-event
streaming media service provider which since 1995 has transmitted some of
the Internet?s most high-profile events. Built upon that solid foundation in
Webcasting, the scaleable personal Webcasting application showcased on
POPcast.com offers leading Web destinations, major ISPs, computer
manufacturers and retailers proven reliability as well as rapid configuration and
extensive customization options. The company also continues to provide
world-class live-event Webcasting services.
About Vidnet
Vidnet, www.vidnet.com, is a division of Entertainment Boulevard, Inc.
(NASD OTCBB: EBLD). Vidnet is one of the leading providers of streaming
entertainment-related media on the Internet. Among the firm?s award-winning
Web sites is one of the most comprehensive interactive music video channels
on the Web. Vidnet's music site has rapidly become a premier music
destination site on the Internet. The firm?s mandate of Internet global
expansion includes not only increasing the content base and broadening the
network channels on the Vidnet network, but also acting as a content
aggregator to some of the largest companies on the Web. Based in Los
Angeles, Vidnet continues to aggressively develop and implement strategic
alliances with key commerce and entertainment companies, broadening its
presence worldwide.
Forward-looking statements in this press release are made pursuant to the ``Safe Harbor'
provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that
such forward looking statements involve risks and uncertainties, including, without limitation, the
continued popularity of the Company's websites and product orders stemming therefrom,
increased levels of competition, technological change, dependence upon third party suppliers,
and other risks.
FOR IMMEDIATE RELEASE
Editorial contact:
Jennifer Blome
ITVnet, Inc.
323/462-5225
jennifer@popcast.com
www.itvnet.com |
