USA Video Interactive Asked to Participate on Second Panel at StreamingMediaWest Conference
San Jose, California, December 13, 2000 - USA Video Interactive (OTCBB: USVO; CDNX: US; www.usvo.com) has been asked to speak at a second panel being held today at the StreamingMediaWest Conference in San Jose, California. The panel, entitled "How will broadband change the traditional film industry?" focuses on the future of Internet films including marketing, distribution, revenue-generation and issues affecting the major movie studios and their willingness to participate in this new medium for film distribution.
Matthew Kinnaman, Vice President of Strategic Innovation for USA Video Interactive, who moderated the panel entitled, "Generating Revenue with B to B Media - How to Make a Profit with your Business Content," on the conference's opening day yesterday, will represent the company on today's panel. "Today's dramatic technological advances in streaming media are reshaping all media models," said Mr. Kinnaman. "These advances are enabling unprecedented opportunities for the production, distribution, and management of media resources, creating new markets with enormous potential."
Other panelists are Michael Speier, Editor of eVariety; Aron Campisano, CEO of Filmspeed; Nick DeMartino, Director of New Media Ventures for the American Film Institute; and Larry Kasanoff, CEO of Threshold.com.
USA Video Interactive unveiled its new suite of media delivery services, StreamHQ™ and is demonstrating its new, proprietary Wavelet compression technology at the conference. Company officers have been joined in their booth (#1528) by EMC representatives in showing USA Video Interactive's new, high-performance line of media streaming servers, the Hurricane 2 MediaCaster™ and describing the significant advantages of the StreamHQ™ services.
StreamHQ™ is an umbrella of end-to-end media services that leverage the capabilities of the Internet while bypassing its latencies. It is designed to be highly available, reliable, flexible, scalable and cost-effective and embodies USA Video Interactive's media services vision by bringing the disciplines of video distribution, data management, and the web together in a unique way to meet customer requirements. StreamHQ™ is an enabling technology for media-driven corporate, education, entertainment, and other general business applications and can support countless specific applications, including rich media advertising, entertainment video delivery, video-enhanced websites, corporate training, educational portals (including www.k-12video.com), infomercials, merchandising, and many more.
About StreamingMediaWest
Streaming Media West 2000 (www.streamingmedia.com/west) is the largest exhibition ever held for streaming, broadband and content companies. Over 275 cutting-edge exhibitors are displaying the latest in broadband technologies, content and services to over 15,000 exhibition attendees. Building on the sold out successes of all previous Streaming Media events, which are now held on three continents, Streaming Media West 2000 is being held in San Jose on December 12th-14th. The Conference features keynote addresses from Steve Ballmer, President and CEO of Microsoft; Jerry Yang, Co-founder and Chief Yahoo of Yahoo!; Yair Landau, President of Sony Pictures Digital Entertainment, Gerhard Parker, Executive Vice President of Intel; and Ken Williams, President and CEO of Stan Lee Media.
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 and features its StreamHQ™ suite of media delivery services. These services encompass the entire media experience from source to viewing, including content production, content encoding under the banner EncodeHQ™, asset management, media and application hosting, multi-mode content distribution, transaction data capture and reporting, and e-commerce. StreamHQ™ services leverage the capabilities of the Internet while bypassing its latencies and are designed to be highly available, reliable, flexible, scalable and cost-effective. USA Video Interactive holds the pioneering patent for store-and-forward video (#5,130,792), filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992. It has been cited by at least 141 other patents. USA Video Interactive holds similar patents in England, France, Spain, Italy and Germany, and has patents pending in Canada and Japan. 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 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 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 |
