OnProductions Signs with USA Video Interactive for StreamHQ Deployments in India; Demonstrates Its Unique Portal with USA Video Interactive at StreamingMediaWest Show
SAN JOSE, Calif., Dec 14, 2000 (BUSINESS WIRE) -- OnProductions, an Australian portal design company, has contracted USA Video Interactive (OTCBB: USVO; CDNX: US; www.usvo.com) to serve as its video technology provider for deployments in India and Australia and will utilize USA Video Interactive's new suite of next-generation Internet streaming services, StreamHQ(TM). OnProductions has joined USA Video Interactive in its booth (#1528) at the StreamingMediaWest conference in San Jose, California and is previewing its unique music and video portal to demonstrate one potential front-end for USA Video Interactive's StreamHQ(TM) services.
OnProductions primarily deals with the film, music and TV industry and has been contracted by the Magik Group of India to develop broadband portals for tourism, music and film in India in 2001. The tourism component is government sponsored and will include an interactive guide placed at certain monuments, and eventually into hotels, to provide rich media content to promote India as a tourist destination with numerous attractions. This content can be continually refreshed via Internet connections and can evolve with the growth in broadband availability. The music and film portals are privately sponsored and will bring these popular forms of entertainment to both urban and remote areas of India.
At the StreamingMediaWest conference, OnProductions and USA Video Interactive are demonstrating OnProduction's music portal, which has a unique look and functionality facilitating navigation through the website, entertainment by the product, and ease of purchasing related products. The browser allows easy access to content and the network, and features a full-screen multimedia player for display and cataloguing of the viewers' choices.
OnProductions is the first customer introduced by USA Video Interactive's recently opened Australian office, headed by William Scully-Power. Mr. Scully-Power also serves as Executive Chairman of the hi-tech marketing consultancy, eBizExec (www.ebizexec.com) and is founder of Wireless Video Technologies.com (www.wirelessvideotechnologies.com), a division of eBizExec created to deliver streaming media solutions throughout Australia and the Asia-Pacific region utilizing the best in video compression technologies.
StreamHQ(TM) 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(TM) 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 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(TM) 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(TM), asset management, media and application hosting, multi-mode content distribution, transaction data capture and reporting, and e-commerce. StreamHQ(TM) 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
OnProductions Corporate Headquarters Office: 461 Darling Street, Balmain, NSW 2041 Australia; phone: +61 2 9555 9443; fax: +61 9555 9552.
eBixExec Corporate Office: Level 11, 167 Macquarie Street, Sydney NSW 2000 Australia; phone +61 2 9221 1712; fax: +61 2 9233 8807.
This press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described.
CONTACT: USA Video Interactive Tony Castagno, Media Relations 860-572-1560 or Kevin Yorio, Investor Relations 860-572-1560 info@usvo.com |