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RESTON, Va., April 16 /PRNewswire/ -- TV onthe Web, Inc., a
strategic partner of Ampex Corporation, (Amex: AXC), announced today
that it has signed an agreement with Melita Cable TV PLC, Malta's
national cable company, to build a European video and Web production
facility to be known as "TV onthe Web-Europe."
"This is a unique opportunity to be a pioneer in the future of interactive television and establish a production foothold in Europe for future
narrowcast channels and live events on the Web," stated Dave Gardy, Chairman and Co-CEO of TV onthe Web. "This is the perfect model of the
future of connectivity. The presence of the extensive bandwidth infrastructure that Melita offers in Malta will allow the distribution of higher
quality full-screen video that could yield some huge potential applications."
"When fully implemented, Malta will be the first totally interactive digital country in Europe and perhaps the world," commented Frank Leiter,
CEO of Melita Cable. "Malta also offers TV onthe Web-Europe's team varied geographical diversity and established resources for location
production in addition to the most favorable weather conditions in Europe. TV onthe Web's presence in Europe will also facilitate a closer
understanding of the cultures, to produce customized content for European Channels that will appeal to European demographics." Melita Cable is
50% owned by United Pan-European Communications, UPC, (Nasdaq: UPCOY), the largest non-government owned cable operator in Europe.
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