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Technology Stocks : INFOSEEK (GO)
GO 10.07+3.5%Feb 6 9:30 AM EST

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To: S.C. Barnard who wrote (768)10/15/1997 10:19:00 PM
From: Bruce Cullen   of 9343
 
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
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