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Technology Stocks : Seac - Seachange New IPO
SEAC 3.500+7.7%Oct 31 9:30 AM EST

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To: caveat who wrote (405)5/9/2000 10:07:00 AM
From: PeterBurgess  Read Replies (1) of 431
 
SOURCE: Microsoft Corp.
Microsoft and SeaChange to Extend Windows Media Technologies From Broadband Internet to Cable and Broadcast TV Systems
Microsoft to Make Minority Investment in Digital Video Systems Leader

NEW ORLEANS, May 9 /PRNewswire/ -- Today at the National Cable Television Association (NCTA) annual conference, Microsoft Corp. (Nasdaq: MSFT - news) and SeaChange International Inc. (Nasdaq: SEAC - news), the leader in high-end digital video systems for television, agreed to collaborate on extending Microsoft© Windows Media(TM) Technologies from broadband Internet delivery to cable and broadcast television systems. This collaboration will benefit content providers and television operators with a unified digital media platform that delivers video streams to both television and broadband Internet networks -- doing with one video streaming server what today requires two separate server systems. In addition, content developers such as the film and video industry will be able to lower costs and maximize reach by creating digital media content once and delivering it anywhere.

biz.yahoo.com

This alliance should give SeaChange a bit
of an edge against the competition. Heck,
'SeaChange' may even become a household word.
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