Big..BIg..BIG news from IATV (ACTV).....Read below:
"The Wolzien Process," "HyperTV"
Writing ITV Code Is Analyst's Pastime
By MIKE FARRELL April 26, 1999
As if being one of the top Wall Street media analysts covering the
ever-changing broadcast- and cable-television industries weren't enough, Tom
Wolzien apparently moonlights in writing interactive-television software.
The sideline came to light last week, when Wolzien, a senior research analyst
with Sanford C. Bernstein & Co., sold the patent rights to his software
application, "The Wolzien Process," to ACTV Inc.
ACTV, a New York-based interactive-television-software company, will couple
Wolzien's software -- which was designed to link video and audio programming
with the Internet -- with its own interactive offering called "HyperTV."
Wolzien is no stranger to technology: Before joining Sanford C. Bernstein, he
spent 16 years at NBC, where all of the news-technology operations reported to
him.
While at NBC, Wolzien was behind the first use of robot cameras at NBC
Nightly News, and he was also responsible for computer systems used by more
than 3,000 news personnel at NBC.
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