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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: neverenough who wrote (875)7/13/1998 5:20:00 AM
From: Ojing Eo  Read Replies (1) of 5843
 
Lot's of hype in today's Times.
nytimes.com

July 13, 1998

Real Networks Hopes New Software Will Open Up Medium

By STEVE LOHR

The streaming technology that allows music and video to be sent over
the Internet to personal computers is still a curiosity as a medium
and a puzzle as a business. But Real Networks Inc., the leader in
streaming software, is making announcements Monday that represent
steps toward developing both the medium and its business model
further, industry analysts say.

The company is releasing a test, or beta, version of its desktop and
network server software that employs a new standard for streaming
technology, Synchronized Multimedia Integration Language,
or SMIL (pronounced smile.)

In the industry, the hope is that the new format, recommended by the
World Wide Web Consortium, a nonprofit arbiter of technical standards
for Internet software, will open the way for a flood of
streaming-media programming -- as did agreement on Hypertext Markup
Language, or HTML, the document format for the Web.

[...]

Ojing.
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