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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 52.15+1.3%Nov 21 9:30 AM EST

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To: neko who started this subject1/25/2001 9:37:23 AM
From: Souze   of 5650
 
MVC1 and PSINet Announce Live Video Streaming of Annual Tampa Gasparilla Fest Parade Super Bowl Weekend
BusinessWire, 01/25/2001 09:31

WASHINGTON--(BUSINESS WIRE)--Jan. 25, 2000--MVC1, Multi Video Channel One today announced that it was named official online broadcaster of the video streaming of the annual Tampa Gasparilla Parade on January 27th during Super Bowl weekend.

It was also announced that PSINet Inc. (Nasdaq:PSIX) will host the site out of its Atlanta data facility. The annual parade will begin at 2:30 p.m. EST with more than 400,000 attendees and 75 floats expected to participate in the event. Viewers can log onto www.MVC1.com to watch the live online webcast. The parade also can be viewed on demand on MVC1.com January 28th.

PSINet will provide connectivity, hosting and security services to maximize the success of the webcast of the parade, made possible through PSINet's fully owned, managed and operated global infrastructure, and hosting facilities. MVC1 will provide a national television broadcast and Internet media platform that will enable the event to be video streamed to target audiences around the world.

"The Gasparilla Parade has a long and historic tradition in the Tampa community as well as international notoriety," said Rick Frizalone, President of PSINet's U.S. Southern Region. "PSINet is proud to take part in sharing the parade via 21st century technology and we welcome the opportunity to host the video stream over the World Wide Web."

Washington, D.C. based MCV1 broadcasts high-end quality entertainment programming to more than 174 top network affiliate markets, reaching 85 million of all television households in the United States. MVC1's television partners include NBC, ABC, CBS, FOX, UPN and the WB network affiliates. Its content partners include Warner Brothers, CBS, King World Productions and Studio USA.

Headquartered in Ashburn, Va., PSINet is an Internet Super Carrier offering global eCommerce infrastructure, end-to-end IT solutions and a full suite of retail and wholesale Internet services through wholly-owned PSINet subsidiaries. Services are provided on PSINet-owned and operated fiber, satellite, web hosting and switching facilities currently providing direct access in more than 900 metropolitan areas in 28 countries on five continents. PSINet information can be obtained by e-mail at info@psi.com, by accessing the web site at www.psinet.com or by calling in the U.S. (800) 799-0676.

CONTACT: PSINet Inc.
Doug Baj, 703/726-1431
bajd@psi.com

or

MVC1
Media Contacts:
Carla Labat, 202/332-5049

KEYWORD: DISTRICT OF COLUMBIA VIRGINIA

INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET SPORTS TELECOMMUNICATIONS TELEVISION/RADIO Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.

URL: businesswire.com Copyright 2001, Business Wire
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