USVO News!!!
(COMTEX) B: USA VIDEO INTERACTIVE CORP - Starts Digitizing Video Libr
B: USA VIDEO INTERACTIVE CORP - Starts Digitizing Video Libraries - Makes
Special Presentation at Florida Conference
Calgary, Alberta, Mar. 18, 1999 (Market News Publishing via COMTEX)
-- USA Video Interactive has created a new division to digitize
existing videotapes, either single videos or entire video libraries, so
they can be placed on computer servers or CD-ROMs for access on
Internet or Intranet systems. USA Video Interactive has begun
digitizing a library of 14,000 videos and is in active negotiation with
a number of companies that own the rights to much of the most popular
educational video content available worldwide. Details of these
negotiations will be announced shortly.
USA Video Interactive digitizes videos using any compression technique
desired by the customer: MPEG-1, MPEG-2, MPEG-4 or the new USA Video
Interactive Wavelet Technology. The USA Video Interactive Wavelet
Technology is strongly preferred because it allows very high levels of
compression (up to 1000:1) while retaining much higher resolution than
methods used by competitors such as Real Networks (Nasdaq: RNWK),
Broadcastcom (Nasdaq: BCST) and others. This allows far more material
to be stored on a server or CD-ROM at a significantly lower cost.
Edwin Molina, President of USA Video Interactive, has been asked to
make a special, previously unscheduled address to describe his
company's Wavelet Technology and encoding services at the Florida
Educational Technology Conference (www.fetc.org) being held this week
in Orlando, Florida. This conference is one of the largest dedicated to
educational technology in the United States. Last year, more than
13,000 people and 3,000 vendors attended. Corporate sponsors include
Apple Computer (Nasdaq: AAPL), AT&T Learning Network (NYSE: T), Compaq
Computer (NYSE: CPQ), Computer Curriculum Corporation, Dell Computer
(Nasdaq: DELL), Knowledge Adventure, The Learning Company and Microsoft
(Nasdaq: MSFT).
USA Video Interactive is an international designer and supplier of
high-tech Video-on-Demand systems and services for Internet, Intranet,
cable TV, wireless or satellite systems. The USA Video Interactive
technology allows users to view streaming video or to access digitized
video libraries, including movies, sports, other entertainment,
educational resources, corporate training seminars and other archives.
unique flexibility of standard, VCR-like controls of play, fast
forward, reverse and pause; and the convenience of a standard
internet-browser format for access. USA Video Interactive was
established in 1989 and has offices in Mystic, Connecticut and
Vancouver, British Columbia, Canada.
Video-On-Demand(TM) and Video Yellow Pages(TM) are trademarks of USA
Video.
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