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Technology Stocks : Acacia Technologies (ACTG)
ACTG 3.470+3.9%Oct 31 9:30 AM EDT

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To: Paul Lee who started this subject9/30/2003 11:45:47 PM
From: Paul Lee   of 66
 
V o D taking hold

Introduces Television Interface for Internet Video-on-Demand Through Microsoft Windows XP Media Center Edition 2004
Tuesday September 30, 12:05 pm ET
Users Can Order Titles via Remote Control and Stream, Download and Playback Movies Directly on Their TV

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Sept. 30, 2003-- CinemaNow Inc., a leader in IP-based video-on-demand distribution and technology, today announced it is a supporting participant in the launch of Microsoft Windows XP Media Center Edition 2004. In conjunction with the launch, CinemaNow has created a unique version of its website experience that allows users to browse, purchase and watch movies on-demand by using their remote control and television set or PC display.
"The ability for people to access movies from CinemaNow via a remote control and to play them back on their television or PC has been one of the few remaining hurdles for the success of Internet-based video-on-demand," said Curt Marvis, chief executive officer of CinemaNow. "Windows XP Media Center Edition 2004 represents a giant leap forward in transforming the PC into a true entertainment hub and bodes well for the continued rapid growth of both our company and the Internet video-on-demand industry."

The CinemaNow Media Center Edition site has been specifically designed for Windows XP Media Center Edition 2004 to allow for a fully integrated experience. The unique interface allows users to have on-demand access to CinemaNow's library of more than 1,200 feature films, including such titles as "Die Another Day," "Harry Potter and the Chamber of Secrets," "Daredevil" and "Chicago" with the freedom of a remote control. Movies on CinemaNow are available in both downloading and streaming formats, giving users optimum flexibility in how they access and enjoy content. All movies delivered via the CinemaNow Media Center Edition site are available on a Pay-Per-View basis, with CinemaNow's subscription service expected to be available later this fall.

"Windows XP Media Center Edition 2004 helps the home PC evolve by delivering advanced computing and broad entertainment capabilities in one device," said Joe Belfiore, general manager of the Windows eHome Division at Microsoft Corp. "We are excited to be working closely with CinemaNow, whose Media Center Edition website features innovative design and content that advances the way consumers enjoy entertainment in their homes."

About CinemaNow

CinemaNow, Inc. (www.cinemanow.com) is the global leader in Internet-based video-on-demand (VOD) and subscription video-on-demand (SVOD) distribution and technology. Through its growing list of content partners including 20th Century Fox, Disney, Lions Gate, MGM and Warner Bros., the CinemaNow Web site has become the premier destination for the authorized downloading and streaming of feature films on the Internet. CinemaNow has also developed PatchBay(TM), a proprietary video-on-demand content distribution and management system that runs the CinemaNow Web site, and is available as a licensable technology solution. CinemaNow is majority owned by Lions Gate Entertainment (AMEX: LGF - News).

All product and company names herein may be trademarks of their respective owners.

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Contact:
Edelman for CinemaNow
Michelle Cox, 323-202-1035
E-mail: michelle.cox@edelman.com

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Source: CinemaNow Inc.
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