DNET NEWS
EDnet Signs Agreement With Concentric Network to Resell DSL and T1
Internet Services Under Private Label
SAN FRANCISCO, May 4 /PRNewswire/ -- EDnet, Inc. (OTC Bulletin Board:
DNET - news) announced today that after extensive review and testing of
many potential networking partners, it has signed a value added reseller
agreement with Concentric Network Corp. (Nasdaq: CNCX - news) a rising
leader in value added IP network services. This service will be provided
by a newly created division that EDnet will call dt&t (data transport
and teleconnect), which will receive full 24x7 operations support from
Concentric.
The dt&t network will provide wide area, wide bandwidth connections, via
DSL, frame relay T-1 and ISDN. The network will specifically service the
deployment of ClipMail(TM)Pro MPEG2 video systems. In March, Nevada
City-based Telestream, Inc. announced the launch of its ClipMail
product, designed to send audio and video throughout the world via I/P
WANs, and targeted at media professionals during production and post
production
In addition to efficiently transporting video and audio media, dt&t will
provide high speed Internet connectivity, e-mail and hosting services.
''We're delighted with our new partnership with Concentric,'' commented
Tom Kobayashi, EDnet's Chief Executive Officer. ''Concentric's award
winning Internet, DSL and Web hosting solutions will be appreciated by
our present audio clients and future ClipMail Pro video customers and
help them leverage Internet technology for new profitable applications.
Our dt&t group will be offering this service to other ClipMail dealers
as well as other small and medium sized businesses that simply wish to
have high speed connectivity. Future services to be provided by dt&t
include IP fax, IP telephone, IP Teleconferencing and remote vaulting.''
''We are very proud that EDnet will be reselling our high-performance
DSL and Web hosting offerings to their highly respected customer base,''
said Gordon Meyer, director of channel management for Concentric
Network. ''We are looking forward to EDnet providing a high level of
penetration for Concentric in the entertainment industry.''
EDnet, a subsidiary of Visual Data Corporation (Nasdaq: VDAT - news), is
a systems integrator and network service provider, specializing in
private transmission of high-quality digitized audio and video over wide
area networks (WAN), and a provider of Internet hosting and web
broadcasting services. For additional information, access the company's
Web site at ednet.net.
This press release contains forward-looking statements that involve
risks and uncertainties. The Company's actual results could differ
materially from those discussed here. Factors that might cause such a
difference includes, but is not limited to, those discussed in the
Company's Form 10-QSB and Form 10-KSB, filed with the Securities and
Exchange Commission.
SOURCE: EDnet, Inc. |
