Kinnaman Appointed Vice President of Strategic Innovation for U
Kinnaman Appointed Vice President of Strategic Innovation for USA Video
Interactive; Comes from Gilder Technology Group and Joint Venture with Forbes
Magazine
Business/Technology Editors
MYSTIC, Conn.--(BUSINESS WIRE)--May 3, 2000--Matthew W. Kinnaman
has been named Vice President of Strategic Innovation for USA Video
Interactive (OTCBB: USVOE; CDNX: US; www.usvo.com). In this position
he will work closely with the company's technical and marketing groups
to create technological innovation strategies that will move USA Video
Interactive into new market opportunities in the rapidly advancing
arena of Internet streaming media.
Prior to his appointment at USA Video Interactive, Kinnaman was at
Gilder Technology Group, which, with Forbes Magazine (www.forbes.com),
co-publishes George Gilder's influential investment strategy
newsletter, the Gilder Technology Report (www.gildertech.com).
While at Gilder Technology Group, Kinnaman was Editorial Director
of Conferences, working directly with Gilder on the production of the
Telecosm Conference. He also served as Director of Research and
Communication for Harvard Business School professor Clayton
Christensen's "Innovation Partnership," and as Editorial Director for
Christensen's "Disruptive Innovation Conference." Clayton Christensen
is author of the best seller, The Innovator's Dilemma, and has
recently launched Innosight LLC (www.innosight.com).
"USA Video Interactive is committed to being on the cutting edge
of Internet innovation," said Edwin Molina, President of USA Video
Interactive. "Matt brings a most impressive background, enthusiasm and
abilities to help our team continue to maintain this edge in an
increasingly competitive environment."
"This is a dynamic, nimble company well positioned to take
advantage of the forces of technological disruption of existing
models," said Kinnaman. "I'm looking forward to the introduction of
new Internet-based strategies that will establish USA Video
Interactive as a premier force for innovative solutions in the arena
of streaming media. With the advent of cheap and abundant bandwidth, a
new universe of streaming media possibilities has emerged, and we're
determined to make the most of these opportunities."
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 innovative end-to-end 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: USVOE; 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
--30--ks/bos*
CONTACT: USA Video Interactive
Media Relations
Tony Castagno
860-572-1560
or
Investor Relations
Kevin Yorio
860-572-1560
info@usvo.com |
