Ironic that my post from earlier today was speculating on who the video streaming partner would be. Also interesting that all the names associated with an interest in VDAT are current customer of IVTU including NBC which owns a stake in IVTU.
From S-3 filing
" During the first half of 1999, a new compression standard (MPEG-4) will be available for consumer use that will not only provide "TV-like" quality at speeds above 56K but will also improve the video quality on evenslower speed modems. This new technology is expected to boost consumer demand for video content. We believe the Company will be positioned to offer its production, marketing, and distribution services to all businesses looking to enrich their presence on the Internet."
------------------
INTERVU And Visual Data Partner To Provide Internet ProductionAnd Broadcast Services
POMPANO BEACH, Fla., AND SAN DIEGO, Calif., March 15 /PRNewswire/ -- Visual Data Corporation (Nasdaq: VDAT), a leading producer and distributor of video and audio programming for the Internet, and INTERVU Inc. (Nasdaq: ITVU), the leading service provider for Internet video delivery solutions, today announced that they have entered into an Internet distribution and co- marketing agreement.
Under the agreement,<b? INTERVU will be Visual Data's provider of streaming media services for its multimedia content, including video libraries of information on subjects such as hotels (www.hotelview.com), attractions (www.attractionview.com), resorts (www.resortview.com), nursing homes (www.careview.com) , businesses (www.videonewswire.com), medicine (www.medicalview.com), talent (www.talentview.com) and others. Visual Data will also resell INTERVU's streaming media services to its broad range of clients. In turn, INTERVU will resell Visual Data's production services that consist of an extensive network of international camera crews and state-of- the-art digital production facilities.
Key to the deal are INTERVU's efforts to help Visual Data seamlessly co- publish its content under leading Internet media companies and online publishers, offering its clients increased exposure and first-rate distribution.
"In addition to greatly enhancing the scope and value of our video production, live Webcasting and video library services on the Web, we have now effectively added a complete Internet broadcast and network capability to provide turnkey solutions delivering the highest quality video over the Internet," said Randy Selman, president and CEO of Visual Data.
"We are very pleased to join together with Visual Data to offer a powerful combination of Internet multimedia production, marketing, hosting, distribution and broadcast services," said Harry Gruber, CEO of INTERVU. "This alliance builds on INTERVU's strategy to help our customers increase content exposure by co-publishing on other high-profile sites in a fully automated fashion via INTERVU's distributed network."
About Visual Data Corporation
Visual Data Corporation, founded in 1993, specializes in the production, marketing and distribution of full-motion visual information via the Internet and soon interactive television. The Company develops full-motion video libraries relating to various topics, including travel, education, business, medicine and healthcare, entertainment, and consumer products. Strategic partnerships include PR Newswire, a subsidiary of United News and Media; Pegasus Systems, Inc.; Interval International; Rezsolutions, a joint venture of Utell International and Anasazi Inc.; Physicians Online; Intellihealth, a joint venture of Aetna US Healthcare and Johns Hopkins University and Health System; Carlson Wagonlit Travel Associates and the American Society of Travel Agents. Visual Data works with leading travel industry companies and through its subsidiary EDnet, Inc. has established relationships throughout the motion picture and recording industries. Additional information can be found at www.vdat.com.
About INTERVU Inc.
INTERVU Inc. (Nasdaq: ITVU) offers powerful, turnkey solutions to deliver live and on-demand audio and video streaming and broadband broadcasts over the Internet. INTERVU's streaming media services are utilized for many different types of business uses including entertainment, news reporting, corporate communications, investor relations, and distance learning. INTERVU is the only Internet audio/video delivery company with a patent-pending, automated network that is comprised of numerous delivery centers strategically positioned around the United States and Europe. This distributed network architecture allows the company to handle very high volumes of simultaneous Internet users while ensuring first-rate delivery of audio and video to users' computers. INTERVU works with leading entertainment, news and technology companies, including American Interactive Media, CNN, DVD EXPRESS, DoubleClick, Excite/At Home, Intel, Lycos, MovieFone/AOL, NBC, MSNBC, Major League Baseball, Microsoft, OnRadio, VideoSeeker, and Yahoo! Additional information can be found at www.intervu.net.
03/15/99 08:03 EST prnewswire.com
CNN.com and INTERVU Expand Streaming Video Relationship
SAN DIEGO--(BUSINESS WIRE)--March 10, 1999--CNN.com, the world's leader in online news and information, and INTERVU Inc. (Nasdaq:ITVU), the leading service provider for Internet video delivery solutions, today announced an expanded agreement for INTERVU to continue to provide streaming video services for CNN.com's live news coverage.
As part of this agreement, INTERVU will continue to act as CNN.com's provider for all live Internet video broadcast services and INTERVU banners will appear on CNN.com/videoselect and in CNN's live video pop-up windows.
In the past year, INTERVU has successfully delivered to CNN.com live online video of such high profile news stories as Clinton's grand jury testimony, Operation Desert Fox, Michael Jordan's retirement press conference, and the Senate impeachment trial of President Clinton. INTERVU managed the delivery of CNN.com's live video content during those exceptionally high-traffic times with its distributed network infrastructure.
"We are pleased to continue and extend our relationship with INTERVU due to its continuous dedication, reliability, and overall success in delivering CNN.com's live online video footage over the last year," said Monty Mullig, vice president, CNN Internet Technologies. "Over the last year we have seen a growing number of people going online to view CNN's breaking news video coverage, especially during the work day, and INTERVU has helped CNN.com handle the volume of users seamlessly."
"Streaming media on the Internet has changed the way people receive and process their news," said Harry Gruber, CEO of INTERVU. "People today are much more aware and sensitive to the news in their area and in the world because of the opportunity the Internet offers to watch it whenever and wherever they want. We provide CNN.com, the leading Web site for audio and video news, with the confidence to deliver mission-critical breaking news stories to its online audience with unmatched reliability and the highest quality available today on the Internet."
About CNN.com
CNN Interactive is responsible for the award-winning news site CNN.com, as well as seven other Web sites and the distribution of CNN news content via other distribution platforms such as PageNet pagers, iMagic's PowerPhones and PointCast. In February 1999, CNN Interactive launched CNN Mobile, the most comprehensive and advanced 24-hour global and pan-regional news and information service for GSM mobile phones, with nine charter operators in Europe and Asia. The CNN Web sites generate more traffic and attract more unduplicated Internet users than any other company's general news and information Web sites. The CNN Web sites averaged 105 million page impressions per week during January 1999 and served a total of 4.4 billion page impressions during 1998.
About INTERVU Inc.
INTERVU Inc. (Nasdaq:ITVU) offers powerful, turnkey solutions to deliver live and on-demand audio and video streaming and broadband broadcasts. INTERVU's streaming media services are utilized for many different types of business uses including entertainment, news reporting, corporate communications, investor relations, and distance learning. INTERVU is the only Internet audio/video delivery company with a patent-pending, automated network that is comprised of numerous delivery centers strategically positioned around the United States and Europe. This distributed network architecture allows the company to handle very high volumes of simultaneous Internet users, while ensuring first-rate delivery of video and audio to users' computers. INTERVU works with leading entertainment, news and technology companies, including American Interactive Media (OTC:AIME), CNN (NYSE:TWX), DVD EXPRESS, DoubleClick (Nasdaq:DCLK), Excite (Nasdaq:XCIT) / At Home (Nasdaq:ATHM), Intel (Nasdaq:INTC), Lycos (Nasdaq:LCOS), Moviefone (Nasdaq:MOFN) / AOL (Nasdaq:AOL)(NYSE:AOL), NBC (NYSE:GE), MSNBC, Major League Baseball, Microsoft (Nasdaq:MSFT), OnRadio, VideoSeeker, and Yahoo! (Nasdaq:YHOO). Additional information can be found at www.intervu.net.
intervu.net./http://www.intervu.net./
Abstracted from Interactive Week 11/17/97
NBC will acquire a 10% stake in InterVU Inc as a preface to delivering
original content on the Web through a network of video servers across
the US. The two companies will join forces to develop a content area
that could deliver subscription information. InterVU is hoping the move will give it a "boost" in the market. NBC will acquire about 200,000 shares of InterVU for $2 mil. InterVU will acquire exclusive rights to distribute over its network any video content that comes from Web properties owned by NBC. |
