"There appears to be some confusion on this board and perhaps among bulls that MSFT has come to VDAT. I think the fact is that VDAT is putting its content into MSFT format. That's quite a different situation than MSFT coming to VDAT."
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Let me add one other possible affiliation developing into a strategic relationship. The ITVU VDAT DNET. By pooling their assets they would control not only the only currently available distribution network for management and distribution of vod and live video over the web but also be able to provide the production services to advertisers and content media like publishers. Combine that with the MSFT new plug and play and they are ready to go nationwide.
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FOR IMMEDIATE RELEASE
INTERVU AND VISUAL DATA PARTNER TO PROVIDE
INTERNET PRODUCTION AND BROADCAST SERVICES
POMPANO BEACH, FL, AND SAN DIEGO, CA, March 15, 1999 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, INTERVU will be Visual Data¹s 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 INTERVU¹s streaming media services to its broad range of clients. In turn, INTERVU will resell Visual Data¹s 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 INTERVU¹s 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 INTERVU¹s strategy to help our
customers increase content exposure by co-publishing on other
high-profile sites in a fully automated fashion via INTERVU¹s
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. Strategicpartnerships include PR Newswire, a subsidiary of United News and Media (Nasdaq: UNEWY); Pegasus Systems, Inc. (Nasdaq: PEGS); 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. INTERVU¹s 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 users¹ 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: NYSE: AOL), NBC (NYSE: GE), MSNBC, Major League Baseball, Microsoft (Nasdaq: MSFT), OnRadio, VideoSeeker, and Yahoo! (Nasdaq: YHOO). Additional information can be found atwww.intervu.net.
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"I have traded VDAT with some success, but with the appearance of shorts, and no institutional longs - as far as I can tell - IMO upside is now limited."
I suspect some of the short position has been built to lock in profits for those with large positions. I would not like to have been one of those shorts the last 2 months.
"To my knowledge VDAT is the only dedicated producer of video for the
net."
MDLK provides streaming video for BCST, but they have acknowledged that their revenues from the relationship are still small. That's not to say that YHOO will necessarily continue the relationship.
My point was not that VDAT was the only producer of video used on the net but that it was the only one to my knowledged that produced video exclusively for the net [unlike MDLK which is a multimedia company] ie VDAT has a worldwide team of production crews for this purpose not for tv or other media unlike MDLK. There are numerous multimedia companies that have production capabilities that can be translated into a digital format. VDATs initiative is to produce content for themselves and increase content exposure by co-publishing on other
high-profile sites.
"I don't know of any fraud by VDAT, as has been alleged here, but IMO,
VDAT will at least have to undergo a period of consolidation before any more runup is seen."
What fraud? The stock price for VDAT has runnup quickly. The marketcap of the company given its assets vision leadership and affiliations is hard to put a figure on. I think the profit taking will stop the once we get a major news release re. affiliation/equity stake by a partner. The stock may be higher or lower then but will move quickly given tiny float and growing pr effort by the Co. to get the story told.[see recent news re pr firm]
I have taken the liberty to post url for ITVU and MSFT.
www4.techstocks.com
For those interested a look at ITVU's relationship with NBC is also interesting.
NBC TV's Home On The Web - NBC.com
NBC Enhanced Television Broadcasts
ChannelSeven.com - TurboAds (Rich Media TechnolÉ
Beyond Interactive
Streaming Media World: Articles and Press ReleaÉ
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