SAN FRANCISCO--(BUSINESS WIRE)--Oct. 15, 1997--Computerworld Magazine has selected Imedia Corp. one of this year's Hot Emerging Companies. The distinguished group features 100 technology-based companies, which have less than $100 million in revenues, but possess the right mix of vision, leadership, technology, marketing savvy, timing and financing to become industry players. The group was selected by a panel of industry experts whose criteria included technological innovation along with the potential to help their customers achieve business and technological goals. Imedia was the only company whose products serve the cable and satellite industry, and it shared the spotlight in Computerworld with an increasingly well known technology retinue that includes Excite, ,Infoseek, Lycos, Marimba, Pointcast and Yahoo Corp. Positioned to drive the emergence of digital television, Imedia has developed the Imedia StatMux Server(TM) and the Imedia CherryPicker(TM) for the cable and satellite markets. Capitalizing on the statistical nature of video, the Imedia StatMux Server allows cable and satellite operators to fit up to 24 digital TV programs in the space of a single analog channel, thereby freeing up bandwidth for additional digital services such as increased channel capacity, data and telephony. The product also enables operators to offer enhanced features in broadcasting such as pay-per-view movies and near-video-on-demand. Residing in digital television redistribution sites such as cable headends and satellite re-uplink systems, Imedia CherryPicker is based on breakthrough ReCoder(TM) technology that provides broadcasters with the flexibility to select programs from a vast array of digital feeds and create their own custom "bouquet" of programs, as well as to insert digital ads and local content. Imedia CherryPicker acts as the hub of digital television, gluing all the bandwidth and cost efficient technologies together with new applications through one unified solution. Privately held Imedia was founded in 1994, and is headquartered in San Francisco. The company's vision is to pioneer the growth of digital television, developing the technology for broadcast, cable, satellite, terrestrial, and streaming video markets. --30--PS/ch CONTACT: Bob Gold & Associates Bob Gold, 310/784-1080 or Imedia Corp. Rochelle Schiffman, 415/975-8000 |