This looked interesting, maybe competition for HyperTV?
(BSNS WIRE) TEAMS Partners with Virage to Provide Searchable Video Asset TEAMS Partners with Virage to Provide Searchable Video Asset Management
Business Editors/Hi-Tech Writers
ROCKVILLE, Md.--(BUSINESS WIRE)--Feb. 25, 1999--
Virage Recognizes TEAMS as one of the Leading Solutions for Digital
Asset Management
TEAMS(tm), a division of ThomsonConsulting, the technology
subsidiary of the $6 billion Thomson Corp. (Toronto:TOC), today
announced a strategic partnership with Virage, Inc., the recognized
leader in video and image search products.
The partnership enables the TEAMS digital asset management
framework to index and digitize video, then transfer the newly created
searchable video "asset" into TEAMS' digital asset management system.
Virage's VideoLogger(tm) application "watches, listens to and
reads" video, automatically extracting information that lets users
search for and find segments they are interested in. Simultaneously,
it manages the digitization of multiple video formats, such as MPEG or
RealVideo.
"Virage brings an enormous edge to an already superior
framework," said Scott Bowen, general manager of TEAMS. "Our
partnership with Virage ensures that our customers have the most
sophisticated video search capabilities available and underscores the
TEAMS commitment to making video manipulation and management as easy
and flexible as possible. We are pleased to welcome Virage as a TEAMS
Strategic Partner."
"Video is the single-most important decision support and distance
learning medium in use today by the corporate enterprise," said Paul
Lego, chief executive officer of Virage. "As such, the need to manage
that information so that it can be easily accessed and deployed is
critical. Combining searchable video from Virage with TEAMS' leading
media asset management solution provides Global 2000 companies with a
competitive advantage in their marketplace."
The TEAMS-Virage solution is currently available. Contact Thomson
for more information.
About TEAMS
TEAMS(tm) is an open, digital asset management framework that
provides superior enterprise-wide access and flexibility to capture,
manage and dynamically re-express information assets into new,
value-enhanced products.
TEAMS was founded in August 1996 as a division of
ThomsonConsulting, the software development and global consulting arm
of the $6 billion information conglomerate, The Thomson Corp.
With locations in Boston, Chicago, London, New York, San
Francisco and Washington, D.C., ThomsonConsulting has occupied a
preeminent position in online publishing, information management, and
workflow solutions for more than a decade. For more information, visit
the TEAMS web site at teams-thomson.com.
About Virage Inc.
Virage is the pioneer and recognized market leader in video and
image search products. Virage's VideoLogger and AudioLogger software
set the standard for real-time indexing and distribution of video
across the Internet or corporate intranets and Virage has been named
the market winner by industry analyst group Frost & Sullivan.
Virage customers include ABC News, AltaVista, BBC, CBS News, CNN,
CNN Interactive, Compaq, Federal Bureau of Investigation, General
Motors, Harvard Business School, Lockheed Martin, Lucent Technologies,
NASA, NBC News, Reuters and several classified U.S. government
agencies.
These companies rely on Virage video search software as the
critical foundation technology for effectively deploying video within
their operations. Headquartered in San Mateo, Calif., Virage was
incorporated in 1994 to provide organizations with advanced methods
for accessing and leveraging media assets. For more information, see
the Virage Web site at virage.com or call 650/573-3210.
--30--KMK/ph*
CONTACT: TEAMS-Thomson
Vanessa Durst, 301/548-4160
vanessa.durst@teams-thomson.com
KEYWORD: MARYLAND CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET MERGERS/ACQ
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