iBEAM Broadcasting Teams With Excite@Home to Improve Broadband Experience
biz.yahoo.com
Excite@Home Will Provide iBEAM Direct Access Onto Its Broadband Network
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 31, 2000--iBEAM Broadcasting© Corporation (Nasdaq:IBEM - news), an Internet Broadcast Network provider, and Excite@Home (Nasdaq:ATHM - news), the leader in broadband, today announced that iBEAM will deploy its streaming media serving equipment throughout Excite@Home's network to enhance the broadband content experience. In addition to the deployment agreement, Excite@Home has made an equity investment in iBEAM.
iBEAM will co-locate MaxCaster(TM) media serving systems, to distribute uninterrupted live and on-demand streams directly into Excite@Home's 15,000-mile broadband network. iBEAM's specialized broadcast infrastructure uses a combination of satellite and dedicated fiber to bypass packet loss and bottlenecks that often plague the general Internet to provide high fidelity streaming to Internet users.
``Partnering with Excite@Home brings us one very large step closer to building out our Internet broadcast network,'' said Peter B. Desnoes, iBEAM president and CEO. ``This agreement allows us to place our high-fidelity streaming content on the largest broadband network in the country, which helps us to reach the largest broadband customer base on the Internet with a high quality product.''
iBEAM's Internet broadcast network is optimized for delivery of live and on-demand streaming and rich media content. The iBEAM© Network is designed to deliver video and audio streams via a hybrid fiber and satellite platform to Access Providers, bringing content closer to end-users, thus facilitating better performance. This network blends the beneficial aspects of traditional television broadcast infrastructure, such as a dedicated fiber-optic acquisition network and satellite broadcast, with the interactive capabilities of the Internet.
``iBEAM and Excite@Home are natural partners,'' said Mark O'Leary, executive vice president for Excite@Home Business Solutions (EBS), the commercial division of Excite@Home. ``Both companies are intent on optimizing the Web experience by focusing on speedy, broadband services and delivering the best broadband content experience to consumers.''
About iBEAM Broadcasting Corporation
iBEAM Broadcasting Corporation, headquartered in Sunnyvale, Calif., was founded by data communications, television, and telecommunications professionals in 1998. iBEAM provides an Internet broadcast network that delivers streaming media to large audiences with viewing and listening quality that approaches television and radio. iBEAM's customers include media, technology and entertainment companies. For more information about iBEAM's broadcasting services, visit ibeam.com, or contact the company at 645 Almanor Avenue, Suite 100, Sunnyvale, CA 94086, telephone 408/523-1600.
All trademarks are the property of their respective owners.
Portions of this document may constitute ``forward-looking statements'' as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the ``safe harbor'' protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's filings with the Securities and Exchange Commission. This news release is not an offer to sell, nor the solicitation of an offer to buy any securities. Any offer will be made only by means of a prospectus registered with the Securities and Exchange Commission.
Note to Editors: Excite@Home, @Home, Excite and the ``@'' stylized logo are trademarks of At Home Corporation and may be registered in certain jurisdictions
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Contact:
iBEAM Broadcasting Corporation
Angela Jones, 408/523-1622
angela@ibeam.com
or
Miller/Shandwick Technologies
Eric DeRitis, 650/596-8509
ederitis@miller.shandwick.com |
