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Wednesday March 22, 11:32 am Eastern Time
Company Press Release
USA Video Interactive to Exclusively Video Stream and Webcast Coverage of the Amistad Construction and Initial Sailing
MYSTIC, Conn.--(BUSINESS WIRE)--March 22, 2000--AMISTAD America, Inc. has selected USA Video Interactive (OTCBB:USVO - news; CDNX:US - news; www.usvo.com) as its exclusive webcaster to provide streaming Internet video of the construction and launching of the Freedom Schooner Amistad at the Mystic Seaport, America's Maritime Museum. USA Video Interactive will produce a video that chronicles the project from conception to initial voyage and will make this available free of charge via the Internet, accessible from the AMISTAD America, Inc. website (www.amistadamerica.org), its own website (www.usvo.com) and other sites to be announced.
``Having USA Video Interactive streaming and web casting our videos gives us access to audiences we would never have been able to reach before,' said Douglas Fishman, AMISTAD America, Inc. director of Information Technologies and corporate counsel. ``We look forward to an exciting and mutually beneficial alliance as we take Amistad from dream to reality. We will now be able to use their cutting-edge technology to showcase video of the Amistad's construction, launch, and voyages, and be able to spread the educational message of our organization to people all over the world.'
``We are gratified to have a role in bringing this very important story from our country's history to the ever-growing audience on the Internet,' said Edwin Molina, President of USA Video Interactive. ``It's an important part of our mission in education: bringing history and culture to life via the convergence of technology and video.'
The actual launching will take place this weekend in ceremonies involving dignitaries and historians from around the world, here to witness the re-creation of the famous ship that brought freedom-winning Africans who had been illegally enslaved to the United States in the 1800s, and recently was the subject of an Academy Award winning movie, Amistad, produced by Stephen Spielberg. The ceremonies culminate months of work by AMISTAD America, Inc., volunteers, and sponsors building an exact replica of the ship and seeking out historical facts to enhance and explain its educational and cultural importance.
USA Video Interactive will also provide video streaming creation and hosting services to OpSail 2000, a national gathering of tall ships this summer in which AMISTAD America, Inc. is participating. USA Video Interactive will provide live webcasts of Amistad's voyage to New York for that city's July 4th OpSail 2000 Festival, significantly increasing viewership and understanding of Amistad's role in the history of the country.
About AMISTAD America, Inc.
AMISTAD America, Inc. is a nonprofit educational foundation dedicated to teaching the lessons of history, cooperation and leadership inherent in the Amistad incident and its legacy through the ownership, educational programming and operation of the reconstructed Freedom Schooner Amistad. Headquartered in Connecticut, the foundation has offices in New Haven, Hartford, and at Mystic Seaport, America's Maritime Museum. Construction of the Freedom Schooner Amistad is being completed in preparation for the ship's official launch on March 25th at Mystic Seaport. The public is invited to attend and witness this historic event. For more information on AMISTAD America, Inc. and the Freedom Schooner Amistad, visit www.amistadamerica.org.
About USA Video Interactive
USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and Video-on-Demand(tm) systems, services and solutions. 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. Its 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 and at or near broadcast quality. For more information on USA Video Interactive, visit www.usvo.com.
USA Video Interactive Corporate Headquarters 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 3N6. Trading symbol on the US NASD OTC BB: USVO;Trading symbol on The Canadian Venture Exchange: US. Standard & Poors Listed. CUSIP 902924208; USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are trademarks of USA Video Interactive. The Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For more information contact: Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations, 860-572-1560; info@usvo.com
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Contact:
Media Relations
Tony Castagno, 860/572-1560
or
Investor Relations
Kevin Yorio, 860/572-1560
info@usvo.com |
