ApplicationStation.com to Deploy USA Video Interactive System;
First Users to Include Customers of British Telecom's
"BTopenworld" Broadband ISP Service and Canada's SaskTel
Mystic, Connecticut -- September 28, 2000 - ApplicationStation.com will deploy USA Video Interactive (OTC BB: USVO; CDNX: US) technology in providing video-enhanced training, productivity and other applications to its customers, taking delivery of its first USA Video Interactive Hurricane MediaCasterT Video server in October.
ApplicationStation, a leading application service provider, or ASP, will provide application services to British Telecom (NYSE: BTY) for its BTopenworldä broadband Internet service, and to SaskTel as part of that company's BrainBinderä broadband portal, with each company's customers, including businesses, students, and home users, accessing ApplicationStation's large library of on-line software titles.
"Incorporating USA Video Interactive's streaming video and video on demand technologies will greatly increase the attractiveness and effectiveness of the services we are offering to all of our customers," said James Pennington, CEO of ApplicationStation.com. "Especially as we expand our vertical applications in industry and content-specific areas, video content will make our offer even more compelling to BT, SaskTel and others."
British Telecom launched its BTopenworld multi-user broadband access service and portal in July 2000 targeting small businesses and households. When launched, BTopenworld announced that more than 130,000 customers had pre-registered.
SaskTel, under the leadership of its' QuantumLynx Internet services group, has launched its provincial portal, BrainBinder, by first targeting schools in partnership with ApplicationStation's educational vertical, LearningStation.com, and Sun Microsystems.
About BTopenworld
BTopenworld is BT's new international mass market Internet business focused primarily on broadband and mobile services. It brings together, in a single business, BT's existing mass-market UK and international Internet service providers (ISPs), portals and Open, BT's digital interactive television joint venture. The business is also responsible for Genie, Europe's leading mobile portal and service provider. BTopenworld is responsible for the building of platforms, aggregation of content and the marketing of its services. BTopenworld is one of the largest ISPs in Europe and has joint venture businesses which include: LineOne; Open; Excite UK; Yu.com (Belgium); Arrakis (Spain); Infinito (Italy); Mantra Online (India); BT Looksmart; Anglia Campus. For more information, visit www.bt.com.
About SaskTel
Headquartered in Regina, Saskatchewan, SaskTel, a Canadian Crown Corporation, is Saskatchewan's telecommunications provider. A leader in the Internet market, the company was a founding member of the ASP Industry Consortium, the trade association of the application service provider market. Through its' QuantumLynx.com organization, SaskTel offers a range of portal-based services including email, calendar, and application services. For more information, visit www.sasktel.com.
About The ApplicationStation.com
The ApplicationStation.com is a corporation formed in 1998 dedicated to providing the medical, legal, financial, accounting, manufacturing and other specialized fields with cutting-edge technological solutions, through outsourcing, to their hardware, software, content, and system administration needs. Based in Charlotte, North Carolina, The ApplicationStation.com has set a goal to become the leading Portal and Application Service Provider (ASP) in targeted markets worldwide, providing access, on a rental/subscription basis, to business, productivity and communication applications and content through portals dedicated to each market. Before founding The ApplicationStation.com, Pennington was the co-founder and chief of innovation of The LearningStation.com, the world's leading education ASP, which he launched in 1997 and for which he secured leadership position in the U.S. on-line education market with significant presence in Canadian and Australian markets as well. For more information, visit www.applicationstation.com.
About USA Video Interactive
USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and video-on-demand systems, services and innovative end-to-end solutions. The USA Video Interactive patented video technology gives users full-motion video; the flexibility of standard, VCR-like controls; and the convenience of a standard internet-browser format for access. It 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. USA Video Interactive is nearing completion of a patented Wavelet compression technology that will further enhance the company's ability to deliver Internet video to home modem users and reduce storage and download-time requirements for all users, including those with broadband connections. For more information, visit 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 OTCBB: 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
This press release may contain forward-looking statements. Actual results may differ materially from those projected |
