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Microcap & Penny Stocks : USVO - USA Video Interactive

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To: harddog who started this subject12/14/2000 1:01:18 PM
From: Halbert   of 648
 
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
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