(COMTEX) B: Internet Broadcasting Services Announced by Convergent Co
B: Internet Broadcasting Services Announced by Convergent Companies
SANTA CLARA, CALIF. (April 19) BUSINESS WIRE -April 19, 1999--Convergent
Companies, Inc. (NASD BB:CVGTD) announced today that its recent
acquisition of Galaxy-NET Telecom provides a proven, global platform
for multimedia Internet broadcasting.
As a preferred service bureau of Real Networks, Galaxy-NET is currently
providing Internet broadcasting services for Mountain Zone, an
affiliate of ESPN, Peoplesoft, C-Cube Systems, and Radiobroadcast.net.
Galaxy-NET's recent alliance with Level 3 Communications will give the
company a presence in Level 3 data centers around the world.
According to Ted Wong, CEO of Convergent, "We plan to integrate our
video pre-processing technology with Galaxy-NET's existing software to
provide enhanced video streaming services, available to anyone that
wishes to broadcast over the Internet."
The enhanced video is tentatively scheduled to be demonstrated at the
National Association of Broadcasters show in Las Vegas, April 19-21,
1999.
Forward looking statements in this release are made pursuant to the
"Safe Harbor" provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that such forward looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the Company's products, increased
levels of competition for the Company, new products and technological
changes, the Company's dependence upon third-party suppliers,
intellectual property rights and other risks detailed form time to time
in the company's periodic reports filed with the Securities and
Exchange Commission. BPN has received compensation for the preparation
of this report.
-0- jd/mi*
CONTACT: Buying Power Network, Boca Raton, Fla.
Terry Joyce, 561/361-9277/FAX 561/361-9217
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED TELECOMMUNICATIONS
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