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Technology Stocks : Front Porch Digital (FPDI)

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To: leigh aulper who started this subject5/31/2002 8:33:58 AM
From: leigh aulper   of 20
 
Front Porch Digital Enters Discussions With Microsoft Corporation to Test and Implement CoronaBroadcast and Professional Space Targeted for New Applications
PR NEWSWIRE - May 31, 2002 08:30
MOUNT LAUREL, N.J., May 31, 2002 /PRNewswire-FirstCall via COMTEX/ -- Front Porch Digital Inc. (OTC Bulletin Board: FPDI), creators of the VAST(TM) architecture, today announced that it has entered into discussions with Microsoft Corporation (Nasdaq: MSFT) to test and implement "Corona," the latest version of the Windows Media platform targeted for widespread use in broadcast and professional applications.

The VAST architecture features Front Porch Digital's single capture, multi-repurpose process that simplifies digital content archiving. The VAST integrated workflow incorporates BitStorm(R) and BitScream(R), the Company's core technologies for ingest and transcoding, with best-of-breed indexing, storage and asset management. The incorporation of Corona will enhance the functionality and attractiveness of the VAST offering in the broadcast marketplace.

"Front Porch Digital continues to pioneer the introduction of innovative solutions for broadcast video production and archiving," said Don Maggi, CEO of Front Porch Digital. "Exploiting the rich video feature set within Corona will allow broadcasters to more easily manage and distribute digital content as part of their workflow."

"We are delighted to be selected by Microsoft to implement Corona," said Dr. Jay Yogeshwar, CTO of Front Porch Digital. "We believe this technology will provide a great leap forward in the utilization of digital content in the broadcast and professional space. When combined with VAST, this will result in a tremendous value proposition to the end user."
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