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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: BobKuz who wrote (2667)4/7/1999 8:35:00 AM
From: TickerHound  Read Replies (1) of 2843
 
Wednesday April 7, 8:15 am Eastern Time

Company Press Release

SOURCE: WavePhore, Inc.

WavePhore Announces Internet Broadcast Service NewsPak

Real-time News Feeds from Associated Press, PR Newswire,
COMTEX, and
Others Available for Integration Into Web Sites Using XML

PHOENIX, April 7 /PRNewswire/ -- WavePhore, Inc. (Nasdaq:
WAVO - news) announced today the availability of the beta
release of WavePhore NewsPak. NewsPak enables easy
integration of streaming real-time news, selected from more than
70
industry categories, into web sites. NewsPak includes both
real-time news feeds and the NewsPak Software Developers Kit
(SDK). The NewsPak SDK is based on XML, the new universal
standard for information exchange. The SDK contains the
tools necessary for web site owners to accept a real-time
streaming XML news feed from WavePhore, store extracted
content on their local server, then display this content in a style
consistent with the rest of their site. The NewsPak
architecture supports such enhancements as Internet broadcasting
of streaming audio and video. WavePhore will demonstrate
NewsPak at Spring Internet World in Los Angeles next week in
booth #1469.

Real-time, industry specific news brings more web site visitors
more often and keeps them there longer. NewsPak is
''sticky'' content that adds value to information already on a web
site. Streaming content that automatically refreshes itself,
like NewsPak, keeps site operating costs low while keeping the
site fresh and interesting.

''As the leading broadcaster of content via Internet, satellite, and
FM for the world's largest, most respected news
organizations, WavePhore is uniquely positioned to deliver
NewsPak. Our years of expertise as well as through our
established relationships with more than 4,500 premiere content
sources enables us to provide web site owners with the
most robust news solutions,'' said David Deeds, Chairman,
President and CEO, WavePhore. ''The Extensible Markup
Language (XML), a cornerstone of NewsPak, is changing the
fundamental nature of news and information broadcasting over
the Internet. The wide variety of formats and delivery mechanisms
introduced in the past by content producers defined a
mission for WavePhore: aggregate, normalize, and redistribute
news in a standard format. With the addition of full audio and
video streaming, NewsPak will become the most complete source
of multimedia news and information.''

Content Agreements Announced with Associated Press, PR
Newswire and COMTEX

NewsPak makes adding news to any web site easy by removing
the burden of licensing. For a fixed-fee each month, web
sites subscribe to a customized basic NewsPak package
containing content from leading information providers, PR
Newswire and COMTEX Scientific Corporation (OTC Bulletin
Board: CMTX - news) for COMTEX Newsroom. Premium
content will be available from Associated Press and additional
providers. Together, these information providers deliver
content from 34 premiere news sources collectively generating
more than 2,000 stories per day.

PR Newswire distributes full-text news releases electronically to
the media and financial community. With 29 U.S. bureaus,
five overseas PRN International bureaus, an exclusive partnership
with Canada NewsWire and its vast network of wire, fax,
e-mail and Internet delivery, PR Newswire serves the news
release needs of public relations and investor relations
professionals worldwide.

COMTEX Newsroom enhanced products -- Top Headlines, Front
Page, and Investor Alert -- feature the top stories of the
day in a broad range of news story options, covering personal
finance, stock market movements, and these vertical markets:
Aerospace & Defense, Airlines, Automotive, Banking & Finance,
Bonds, Business, Community, Computer Hardware,
Computer Networks, Corporate News, Earnings, Economy,
Energy, Environment, Finance, Government, Healthcare, High
Tech, Household & Consumer Products, Insurance, International,
International Markets, Leisure & Tourism, Mergers &
Acquisitions, Oil, Publishing, Sports, Telecommunications and
Utilities.

AP Online is a news service compiled and edited from the
national and international wires of The Associated Press. Stories
are focused, concise and categorized for easy selection.
Approximately 600 stories move real time each day covering
topics
including: national and international news, business and financial
coverage, sports stories and scores, entertainment, politics
and weather.

Beta Testing Underway with Leading Companies

NewsPak beta testing has commenced with more than a dozen
organizations developing a wide range of applications from
enterprise-wide news delivery to providing news to customers on
corporate web sites. WavePhore is pleased to count
CCBN.com (Corporate Communications Broadcast Network)
among its NewsPak beta testers. Founded by the creator of
First Call, CCBN.com has quickly become the number one
provider of Web-based solutions to the Investor Relations market.

''NewsPak allows us to easily add company-specific news to the
more than 500 web sites we manage for our clients, which
brings to their site more users who come back again and again,''
said Rob Adler, President of CCBN.Com. ''With NewsPak,
we can keep our sites current for our clients' shareholders, while
keeping our operating costs down so our clients' get an
affordable service.''

WavePhore will showcase the work of its beta testers on the
NewsPak web site. To become a NewsPak beta tester, register
at newspak.com.

About WavePhore

WavePhore, Inc. (Nasdaq: WAVO - news) is the leading new
media content integrator and architect of digital delivery
systems. It partners with the foremost providers of news, business
data, Internet based content and multimedia programming
to deliver selective intelligence and quality content to an
information-dependent society. Additional information on
WavePhore is available via the Internet at www.wavephore.com.

Certain of the above statements regarding WavePhore constitute
forward- looking statements, which may involve risks and
uncertainties. Actual results could differ materially from such
forward-looking statements as a result of variety of factors,
including, but not limited to, technology changes, competitive
developments, industry and market acceptance of new products
and services, and risk factors listed from time to time in
WavePhore's SEC filings.

SOURCE: WavePhore, Inc.

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Related News Categories: computers, internet, telecom
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