USA Video to collaborate with Motion Inc.
USA Video Interactive Corp US
Shares issued 54,384,088 May 7 close $0.51
Mon 10 May 99 News Release
Mr. Edwin Molina reports,
USA Video Interactive (NASD: USVO; ASE: US; www.usvo.com) and Motion, Inc.,
a leading full-service film and video production company, have signed an
agreement to collaborate in producing and marketing original content for
education, career development, corporate training, e-commerce and
commercials for broadcast on the Internet. Additionally, USA Video
Interactive will provide digital encoding and marketing services to Motion
for its existing content, and Motion is producing the video to be featured
in the full-motion demonstration for the USA Video Interactive Web site.
"Motion is an exceptionally talented group of professionals who produce the
very highest quality videos and films. Their capabilities and facilities
are movie studio calibre," said Edwin Molina, president of USA Video
Interactive. "We can now provide our clients with the whole package:
servers, technology, and content, either off-the-shelf content or
individually produced products at the very highest standards."
Motion Inc. is an independent film and video production company founded in
1980. The partners and staff have more than 50 years of production
experience and the company has extensive production and postproduction
facilities. Motion has produced numerous television programs and
advertisements for commercial and PBS broadcast, corporate training and
educational videos, and is producing a career development series for the
Connecticut business and industry association.
Motion, Inc. and USA Video Interactive have agreed to utilize each other's
services on a project by project basis, with terms such as production and
financing to be determined for each project.
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