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SPEEDUS.COM INC (NASDAQ: SPDE)
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News May 25, 08:35 Eastern Time
Full Motion Video Via IP/TV Software Video Solution
NEW YORK, May 25 /PRNewswire/ -- SPEEDUS.COM (Nasdaq: SPDE) has licensed the Cisco IP/TV software video solution from Cisco Systems, Inc. (Nasdaq: CSCO) and is the first Internet Service Provider (ISP) to offer full screen full motion video with its Internet Service.
SPEEDUS.COM previously announced its network upgrade for Digital Video Broadcast (DVB) capability. The DVB capability gives SPEEDUS.COM the ability to provide entertainment quality transmission of all forms of full screen full motion video and audio to its Internet subscribers in New York. The Cisco IP/TV comprehensive software application will now allow SPEEDUS.COM's super high SPEED Internet service subscribers to receive video programs, both live and pre-recorded, using Cisco IP/TV viewer software. SPEEDUS.COM is working with content providers to offer programming uniquely supported by its network.
IP/TV handles real-time video in multicast mode. Multicasting lets multiple viewers see the same video stream. SPEED service subscribers will be able to receive full screen full motion video content through the IP/TV Viewer.
"SPEEDUS.COM has a unique high-speed Internet capability that provides a strategy of delivering valuable video content along with high-speed Internet connectivity. Cisco is committed to helping SPDE market its SPEED service together with the Cisco IP/TV software and other Cisco products," said John Gonia, Regional Manager for Video Sales for Cisco.
"Cisco IP/TV has been developed to enhance business opportunities for innovators like SPEEDUS.COM. We are proud to be a part of this cutting edge service in the world's biggest media market, New York. SPDE can contract with any media content provider for "multi-casting" and "streaming" high quality video and audio on a secure basis in New York," said Vera Nelson, Program Manager for Cisco IP/TV.
SPEEDUS.COM is a facilities-based super high-speed Internet Service Provider. The Company is limiting the marketing of its Internet service under the SPEED service mark to its initial subscribers as part of the SPEED service pilot program. SPEED is delivered via 14 fully functional Internet Broadcast Stations in operation under SPEEDUS.COM's FCC license covering Metro New York. SPEED subscribers are able to browse the Web using the Company's SPEED modem capable of downstream speeds of up to 48 Mbps, which is 31 times faster than a full T1 line. The SPEED modems are only available from the Company for $350, which along with the $150 installation cost can now be financed for up to 3 years.
SPEEDUS.COM operates a Network Operation Center (NOC) in the Brooklyn Army Terminal. The NOC contains a data center with a Linux-based Internet gateway transmitter and a teleport facility with satellite down links and fiber optic backbone. SPEEDUS.COM's NOC hardware and software, and customer premise equipment and software, give its Internet network the unique ability to "multi-cast" and "stream" high-quality full screen full motion video and CD-quality audio to its subscribers. SPEEDUS.COM also provides standard direct dial-up and ISDN service with web hosting, e-mail and value-added Internet services. The Company's signal is currently not available at all locations in its license area. Increased signal coverage through additional Internet Broadcast Stations is crucial to widespread availability of the SPEED service. However, SPEEDUS.COM believes that where its signal penetrates, the Company offers small businesses and residential customers the lowest-cost, highest downstream speed Internet access available.
For additional information on the Company and its services, please visit the Company's website at speedus.com or call 718-567-4300.
Cisco Systems, Inc. (Nasdaq: CSCO) is the worldwide leader in networking for the Internet. News and information are available at cisco.com.
Statements contained herein that are not historical facts,
including but not limited to statements about the Company's product,
corporate identity and focus, may be forward-looking statements that
are subject to a variety of risks and uncertainties. There are a
number of important factors that could cause actual results to differ
materially from those expressed in any forward-looking statements made
by the Company's sales, marketing and support efforts.
Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and certain other countries.
SPEEDUS.COM(SM) and SPEED(SM) are service marks of SPEEDUS.COM, Inc.
SOURCE SPEEDUS.COM, Inc.
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05/25/99 /CONTACT: Shant Hovnanian of
SPEEDUS.COM, Inc., 718-567-4399./
/Web site: speedus.com /Web site: cisco.com
(SPDE CSCO)
CO: SPEEDUS.COM, Inc. ST: New York IN: CPR MLM SU: JVN PDT
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