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Technology Stocks : Digital Lava Inc. (DGV)

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To: Rhino who wrote (265)5/25/1999 7:42:00 AM
From: Milk  Read Replies (1) of 343
 
Tuesday May 25, 7:01 am Eastern Time
Company Press Release

Digital Lava Selected to Video Publish Promotional CD-ROMs for Training '99 and MultiMediaCom Conferences

LOS ANGELES--(BUSINESS WIRE)--May 25, 1999--Digital Lava Inc. (Amex: DGV - news), developers of the award-winning VideoVisor(tm) Professional desktop video software, today announced that Lakewood Publications and BCR Enterprises, Inc. have chosen Digital Lava to produce post-conference promotional CD-ROMs for Training '99 and MultiMediaCom. Digital Lava's desktop video publishing technology will allow more than 16,000 attendees to easily re-experience and interact with video from these two popular industry events.

''One of the highlights of Training '99 is the Online Learning Case Study Theater(tm), an application-driven, results-oriented exploration of online learning, where companies showcase their unique customer solutions,'' said Phil Jones, vice president and editorial director of Lakewood Publications. ''Digital Lava successfully captures the essence of the theater presentations with interactive video, so attendees can extend their learning experience by re-visiting valuable information from the conference.''

Digital Lava's video publishing software and services enhance video content by synchronizing it with related information from PowerPoint presentations, Web sites, text documents and other supporting media. Video publishing creates media-rich interactive environments that can be navigated, manipulated and customized by the end user. Video publishing is used most by corporate, government, and educational institutions that use interactive media for communication, training, distance learning and other media-rich applications.

''Digital Lava is a company that understands how to help trainers and professional communicators with interactive video,'' said Brandon Hall, publisher of brandon-hall.com. ''The company and its products are well positioned for success in this growing market.''

Training '99

The Training Conference & Expo is Lakewood Publications' largest annual event. It is a comprehensive offering of training topics, including: assessment and measurement, instructional design, classroom delivery, managing training, performance consulting, motivation, knowledge management, leadership, organizational development, teams, planning, web-based training, self-directed learning, change, and adult learning. Participants are looking for solutions, ideas, and inspiration to make a major difference in workplace performance and to the bottom line of their organizations.

MultiMediaCom

MultiMediaCom is the preeminent forum focusing exclusively on the technologies, issues and applications of multimedia communications for commerce and collaboration, including videoconferencing, data conferencing, streaming video, video multicasting, video on demand and related technologies. Corporate users, MIS directors, network managers, suppliers of systems and services, VARs, and system integrators come to MultiMediaCom to stay current with the latest technology developments, standards updates, user experiences, innovative applications and business opportunities in the fast-growing field of networked multimedia. Information on MultiMediaCom is available at bcr.com.

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.

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

--------------------------------------------------------------------------------
Contact:

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