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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.28+0.9%Jan 21 3:59 PM EST

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To: Thure Meyer who wrote (7574)4/19/1999 6:52:00 PM
From: flickerful  Read Replies (1) of 17679
 
the "Next Generation Internet TV Network", and a few thoughts.

thure.

it was also an advantage today
not
to have been sitting fat, dumb, & happy
for the last 2 1/2 years....

as AXC
TAwisemen have long maintained:
our long suffering and prolonged basing will only serve us well
during these market histrionics...

we even saw a relatively strong close today.

[ did we actually surpass SNE today in total press releases <g>]

anyway,
here's a non-AXC release of some relevance:

Creator of Hollywood and Network TV Production Gear Launches Next-Generation Internet TV Network

LAS VEGAS (April 19) BUSINESS WIRE -April 19, 1999--In the next leap forward in the ongoing collision of the Internet and television, Play Incorporated today unveiled PlayTV, a next generation television network. PlayTV is the creation of video and personal computer pioneers with more than 15 years experience developing video production and editing tools. Their desire to create feature films and television shows resulted in GlobeCaster, the world's first Internet TV station-in-a-box.

Now available in broadcast trials across the world on the Internet, playTV.com represents the birth of an entirely new industry that will profoundly change the world of communication.

"Fifty years ago, radio spawned television," stated Paul Montgomery, Co-CEO of Play. "Today at the NAB convention, the Internet spawns a new TV network. We could not think of a more appropriate place or time to tell the world their audience is waiting."

"This revolution in communication, by its nature, requires a new set of production and distribution tools," added Mike Moore, Co-CEO of Play. "Tools which are scalable and flexible enough to adapt to a still evolving future. At Play, we've created GlobeCaster, the world's only Internet TV Station in a Box. PlayTV is created entirely with Play's GlobeCaster and other Play cutting-edge technologies, proving that literally anyone can now start a TV network."

Play will start live-broadcasting next-generation television worldwide from the National Association of Broadcasters convention, April 19-22 in Las Vegas. Viewers wishing to experience the future of television should tune into playTV.com. PlayTV plans to air full-time programming later this summer.

Play Incorporated was founded in 1994 by computer and video industry pioneers with the goal of melding high-end video and graphics capabilities to personal computers for distribution over the Internet. Among its award winning products are Snappy Video Snapshot, the all time best-selling computer video add-on, Trinity, which revolutionized TV production and graphics throughout the world and GlobeCaster, the world's first Internet TV station-in-a-box. For more information call 800.306.PLAY or visit www.play.com .

-0- skj/cgo*

CONTACT: Play Incorporated

Brett Weshner or Ben Yoder, 916/851-0800

playpr@play.com
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