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Technology Stocks : C-Cube
CUBE 37.14-1.6%2:16 PM EST

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To: DiViT who wrote (49003)4/11/2000 4:40:00 PM
From: John Rieman  Read Replies (1) of 50808
 
First sighting of Lucent deploying C-Cube chips..............

vpo1.virtualpressoffice.com

Optivision Network Video Products Selected as Components of Lucent Digital Video Solution
Optivision to Provide Network Attached MPEG Video Over IP Systems for Service Provider and Enterprise Applications

Las Vegas, Nevada ?April 10, 2000?Optivision, Inc. (Booth #M7454), a leading provider of streaming video communications products, announced today that it has signed a reseller agreement to provide Lucent Technologies (NYSE:LU) with technology that enables streaming MPEG video to the desktop. Under the agreement, Lucent Digital Video (Booth #L2632) will incorporate Optivision?s streaming video technology into its IP video solutions for service providers and enterprise customers.

The integration of Optivision?s equipment with Lucent?s product offering is intended to provide customers with more network flexibility for streaming video applications such as rich media content distribution, distance learning, corporate training, video conferencing, telemedicine, and surveillance.

?The combination of Optivision?s products with Lucent?s powerful solution allows us to raise the bar in the high-quality streaming video marketplace,? said Andreas Papanicolaou, president of Lucent Digital Video.

The Optivision product line offers a set of network attached, streaming video components that fully support industry standards. This permits easy implementation for a broad range of high quality MPEG streaming video applications in a variety of network environments. High quality video is supported by MPEG compression with variable bit rates from 56Kb/s to 15Mb/s for customer choice of video quality. Both LAN and WAN environments are supported with industry standards such as IP/Ethernet, ATM, Gigabit Ethernet, and T1 network interfaces.

?Service providers and enterprise customers now have a supplier for all of their network streaming video needs that is backed by Lucent?s world-class sales support organization,? said Michael Liccardo, president and CEO of Optivision. ?We believe that broadband networks will give customers access to high-quality video based on industry standards.?
Leveraging decades of Bell Labs research and development, Lucent Digital Video manufactures and markets digital video products, including encoders. As part of Lucent?s Optical Networking Group, Lucent Digital Video markets its product line for cable, broadcast TV, wireless cable, fiber optic and satellite back-haul, DBS (Direct Broadcast Satellite) and other applications worldwide. For more information, visit its Web site at lucent.com.

Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers the systems, software, silicon and services for next-generation communications networks for service providers and enterprises. Backed by the research and development of Bell Labs, Lucent focuses on high-growth areas such as optical and wireless networks; Internet infrastructure; communications software; communications semiconductors and optoelectronics; Web-based enterprise solutions that link private and public networks; and professional network design and consulting services. For more information on Lucent Technologies, visit its Web site at lucent.com.

Optivision, Inc., the dominant leader in the networked streaming video market, develops, manufactures and delivers MPEG network video products for high-quality video creation, management and distribution worldwide both directly and through leading industry partners. The company?s products are used in diverse applications such as distance learning, corporate training, video courier services, telemedicine, surveillance and visual collaboration. The company is privately held and is headquartered in Palo Alto, CA. For more information about Optivision, visit optivision.com, or phone 1-800-239-0600.

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Optivision is trademarked or registered trademark of Optivision, Inc. All other trademarks or registered trademarks are the property of their respective owners.
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