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Technology Stocks : Digital Lava Inc. (DGV)

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To: tejek who wrote (236)5/5/1999 12:42:00 PM
From: neverenough  Read Replies (2) of 343
 
Digital Lava Delivers Interactive on-Demand Video to the Internet with VideoVisor Web
PR Newswire - May 05, 1999 11:16

Universal Internet Access to Interactive Video and Audio Via Web Browsers and RealNetworks' RealPlayer G2

SAN FRANCISCO, RealNetworks Conference & Exhibition '99, May 5 /PRNewswire/ -- Digital Lava Inc. (Amex: DGV), developers of the award-winning VideoVisor(TM) Professional, today announced VideoVisor Web, a unique turnkey Internet service to rapidly publish and distribute on-demand interactive video and audio to anyone on the Web. Corporate, government, and educational institutions can now provide Web access to interactive media for communication, training, distance learning, and other media-rich applications. With the VideoVisor Web service, Digital Lava publishes a client's video content, synchronizes it with text, slides, Web pages, and other Web-based information, and then transforms it to VideoVisor Web format for easy access from Web browsers.

"By harnessing the power of Digital Lava's video publishing software and the RealNetworks' RealPlayer(R) G2, VideoVisor Web allows users to have an instant interactive experience with video on the Web without the inconvenience of downloading software or plug-ins," said Joshua Sharfman, CEO of Digital Lava. "Because VideoVisor Web is completely compatible with Digital Lava's streaming media desktop application, VideoVisor Professional, content can be published just once, but deployed many times in many ways."

VideoVisor Web provides a highly cost-effective interactive video solution for business meetings, training sessions, corporate communications, tradeshows, press conferences, earnings announcements, distance learning, and any application intended to provide global audiences access to vital information on demand.

"Digital Lava's VideoVisor Web provides a powerful interactive video service for any business application designed to reach out to customers or colleagues via the Internet," said Ben Rotholtz, general manager, Systems & Tools, RealNetworks, Inc. "Digital Lava's expertise and continued innovation in creating and delivering video content increases the ways in which users can experience desktop video-based information."

VideoVisor Web has three windows, called Views, which provide useful information by simply clicking a mouse:

-- VideoView contains a player for streaming interactive video and audio content. Users can pause or play at any time, and VideoVisor Web can caption the media with a synchronized transcript of the content being presented.

-- ClipListView gives users a fast and easy way to see the list of video clips contained in the presentation, plus users have instant navigation to jump to any clip at any time.

-- WebView displays images, slides, Web pages, Internet applications, and any information that is relevant to the audio or video being presented.

VideoVisor Web also includes a powerful search capability, greatly enhancing an end user's productivity. Users can instantly search and navigate to specific parts of a VideoVisor Web video. For example, a sales representative or value-added reseller could search a new product launch video for clips containing pricing information, and VideoVisor Web would locate and present just the video clips related to product pricing.

"Digital Lava has helped us create a powerful teaching and promotional tool that is available via the internet to anyone interested in improving mathematics education," said Solomon Garfunkel, Executive Director of COMAP, the Consortium for Mathematics and Its Applications, an organization that develops innovative mathematics curricula and teacher development programs. "COMAP believes Digital Lava technology has the potential to revolutionize the delivery of curriculum, teacher development, and even improve a community's interaction with its schools."

Pricing and Availability

Digital Lava's VideoVisor Web turnkey Internet video service is available today, and includes customized options for video publishing, Web site hosting, and administration. Clients provide Digital Lava with video or audio content, slides, and any other pertinent information; then Digital Lava publishes value-added video files for Web access. Because each VideoVisor Web presentation is customized according to clients' individual needs, pricing for Digital Lava services varies.

Video Publishing

Video Publishing is a new software technology that provides companies and enterprises a way to rapidly re-purpose, publish, and deploy video content and related information to desktop computer users. Digital Lava's video publishing software, VideoVisor(TM) Professional and vPrism(TM), provides an open framework in which video, other desktop applications, and data can link, collaborate and seamlessly integrate on the desktop.

The process begins with vPrism, a fast, powerful and easy-to-use software suite, that assimilates and manages video and other information from diverse sources, organizes its content, creates links to other important data, and then rapidly publishes the information in an open format called a VideoCapsule(TM) file. VideoCapsules are "value-added video" files that integrate video with other information: Web pages, documents, images, transcripts -- any digitally formatted file or program. VideoCapsules may be distributed on CD-ROMs or DVDs and streamed over LANs, WANs, intranets and the Internet.

VideoVisor Professional is a powerful desktop video information application that allows knowledge workers to rapidly navigate and manipulate the video information contained in a VideoCapsule. Users may search and annotate video, re-arrange and organize its content, subtitle text and transcripts, access notes, and link to other files, Web sites, and applications.

VideoVisor Web is a turnkey Internet video service that allows users to distribute on-demand audio and video presentations, along with synchronized text, slides, Web pages, and other Web-based information to anyone on the Internet. Business meetings, training sessions, corporate communication, and distance learning are good examples of how companies and educational institutions can use VideoVisor Web to increase employee productivity with instant access to information, without the expense of traveling.

All of Digital Lava's software is developed on an open and scaleable architecture. Digital Lava is dedicated to delivering its core video publishing software as an open architecture that supports the industry's most widely accepted video file formats including ASF, MPEG-1, MPEG-2, MPEG-4, AVI, QuickTime, and RealVideo 4.0 and 5.0. In addition, Digital Lava supports streaming media technologies such as Windows NT Server NetShow Services and Microsoft NetShow Theater Server, RealNetworks RealSystem 5.0 and RealSystem G2, SGI WebFORCE(TM) MediaBase, Starlight Networks, Xing Streamworks Server, and InfoValue Server.

About Digital Lava

Founded in 1995, Digital Lava is a provider of video publishing software and services related to the use of video for corporate training, communications, distance learning, research, and other applications. Digital Lava provides business with the next step in video technology -- transforming cumbersome linear video into easily accessible and manageable digital information. For the first time, organizations and professionals can rapidly create and deploy interactive video-based content, increasing the productivity of knowledge workers. Digital Lava's vPrism(TM) allows users to re-purpose vast amounts of video and electronic information on CD-ROM, DVD, corporate intranets, and the Internet. Digital Lava's VideoVisor Professional is a desktop video information application, enabling users to rapidly access and navigate, manipulate and integrate video-based information on a desktop computer. All of Digital Lava's software is developed on an open and scaleable architecture. Digital Lava is headquartered in Los Angeles, California. For additional information, please visit Digital Lava's Web site at digitallava.com or call 1-888-222-LAVA.

This press release contains forward-looking statements concerning the business and products of the Company. Actual results may differ from those projected or implied by such forward-looking statements depending on a number of risks and uncertainties including, but not limited to the following: development, shipment, and market acceptance. Other risks inherent in the business of the Company are described in Securities and Exchange Commission filings, including the Company prospectus on Form SB-2. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

VideoVisor, VideoCapsule and vPrism are trademarks of Digital Lava Inc. All other products are trademarks of their respective owners.

SOURCE Digital Lava Inc.

/CONTACT: Lynn Stadler of Digital Lava Inc., 310-470-1149 ext 221,
lynns@digitallava.com/

/Web site: digitallava.com

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