SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InterVU (ITVU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nord who wrote (958)5/5/1999 6:56:00 AM
From: nord  Read Replies (1) of 1015
 
Came across this news from Sept which helps clarify ITVU strategy of building their broadband network. I hadn't seen this re. CERFnet/AT&T with T getting the cable properties looks like more business for ITVU

Editor's note: This release was issued by InterVU Inc. and AT&T CERFnet.
FOR RELEASE WEDNESDAY, SEPTEMBER 30, 1998
AT&T CERFnet becomes founding member of InterVU Network Coalition
SAN JOSE, Calif. ­ InterVU Inc., (NASDAQ: ITVU), a full service provider of online video and other rich media solutions, today announced that
AT&T CERFnet, the facilities-based, Tier 1 Internet Services Provider, has become a charter member of the InterVU Network Coalition. The
Network Coalition is a virtual network designed to provide Tier 1 Internet backbone companies with a turnkey outsourcing solution for today's more demanding video and multimedia management and delivery requirements.
Unlike conventional Internet delivery systems that concentrate Web pages and video files of a single Internet site, the InterVU Network Coalition
delivers the video portion of the Web presentation from dedicated mirrored servers which have been intelligently distributed over the Internet to avoid bottlenecks and provide visitors with faster video delivery. Download requests are automatically directed to the electronically closest Delivery Center using InterVU's patent-pending
technology.
For CERFnet, which specializes in hosting highly interactive, multimillion-hit sites for
multinational corporations, membership in the
Coalition means it will be able to offer video and multimedia capabilities to a broader audience because there are no up-front costs
for expensive server technology and equipment.
-------------------------------
"Our decision to become a part of the InterVU Network Coalition is part of our long-range strategy to provide fast, reliable service for
multimillion-hit Webcasts and extremely active websites that want to take advantage of new streaming video technology," said Pushpendra
Mohta, CERFnet vice president.
---------------------------------
"When you become a part of the Network Coalition, InterVU is able to leverage the bandwidth for both the member and for the Coalition network," explained Doug Augustine, vice president and manager of the InterVU Network, InterVU. "For example, as a Tier 1 backbone company,
InterVU utilizes the bandwidth that CERFnet offers in order to become part of the InterVU Network. CERFnet, in return, is able to use InterVU's network for any of its multimedia and delivery needs." Widely recognized for the reliability of its network, CERFnet has been
increasing the bandwidth availability of its OC3c/OC12c backbone by more than 100 percent per year and maintains the sustained usage at about 50
percent. As a result, CERFnet's backbone has a network availability rating of 99.8 percent ­ including unscheduled and scheduled downtime.
It has maintained this rating (one of the highest in the industry) for more than five years. About AT&T CERFnet Following the merger of AT&T and TCG, AT&T combined its Internet Protocol (IP) business with TCG CERFNet's, making AT&T one of the top 10
Internet service providers for businesses. AT&T plans to offer businesses a full range of Internet solutions through an expanded line of services over an even more powerful, higher-speed IP backbone network. AT&T CERFnet, offers fully managed business website management services ranging from basic website hosting on shared servers to dedicated server collocation of single machines or even clusters, including backend data base applications. For high-volume websites
requiring the full resources of one or more dedicated servers, CERFnet maintains eight fully redundant SuperSites strategically located across
the nation.
AT&T is the world's premier voice and data communications company, serving more than 80 million customers, including consumers, businesses
and government. With annual revenues of more than $51 billion and 119,000 employees, AT&T provides services to more than 280 countries and
territories around the world. AT&T runs the world's largest, most powerful long-distance network and the largest wireless network in North
America. The company is a leading supplier of data and Internet services for businesses and the nation's largest direct Internet service provider
to consumers.
For more information on AT&T services, visit the AT&T Website at www.att.com. For more information on CERFnet's business Website management services, contact CERFnet at 1-888-CERFnet; 619-812-5000;
e-mail info@cerf.net or visit CERFnet's Website at URL: cerf.net.
About InterVU Inc.
Offering full-service enabling solutions to websites, major ISPs,
advertisers and advertising agencies, and cable/TV networks including
NBC, which holds a significant equity position in InterVU, InterVU's range of services are designed to optimize bandwidth for websites and end-users to increase performance while driving down costs. InterVU's comprehensive turnkey video and multimedia services include the management and distribution of live broadcasts, video-on-demand, the V-Banner (video advertising banner), and other multimedia solutions, including Shockwave, Flash, JAVA and VRML, and end-user multimedia software. InterVU's customers include Fortune 500 companies and others such as CNN, Intel, GM, Major League Baseball, Ralston Purina, FAO Schwartz, and Volvo. Additional information can be found at
www.intervu.net.
------------------------------------------------------------------------
* AT&T WorldNet is a registered servicemark of AT&T in the United States
and other countries.
------------------------------------------------------------------------
For more information, reporters may contact:
Ana Rahona - Technology Solutions/PR for InterVU Inc.
212-696-2000, ext. 210
arahona@tsipr.com
Allie Shaw - InterVU Inc.
619-623-8400, ext. 144
ashaw@intervu.net
Andy Marken - CERFnet PR
408-986-0100
marken@cerf.net
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext