To: Stoctrash who wrote (42327 ) 6/21/1999 1:19:00 PM From: DiViT Read Replies (1) | Respond to of 50808
SkyStream Corporation Receives Intel Investment 06/21/1999 Business Wire (Copyright (c) 1999, Business Wire) MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 21, 1999--SkyStream Corporation, a leading developer of broadband networking products that deliver media-rich Internet content over broadcast networks, today announced that Intel Corporation invested in the company. Financial details were not disclosed. The two companies have been collaborating on a series of digital broadcasting trials to transmit Internet data and television content over satellite and Digital TV (DTV) networks using SkyStream's Integrator family of products with Intel Architecture computing platforms. "Companies such as SkyStream are building products and technology to help solve a big problem that exists today on the Internet: finding sufficient bandwidth to support the growing trend of delivering richer and richer content over the Internet," said Claude Leglise, vice president and general manager of the Home Products Group at Intel. "By enabling broadband service providers with the ability to broadcast Internet content over high speed networks, consumers and business will be able to experience a whole new class of services and applications." SkyStream has developed a series of products to address the needs of the converging Internet and broadcast TV markets. SkyStream's broadcast networking products enable cable, satellite, digital TV companies and Internet service providers to provide viewers with mass market and special-event data broadcast programs and services. Using SkyStream's Integrator product line, media service providers, content developers, and video broadcasters can combine MPEG -based digital video content with IP-based data content into a single transmission stream. "Consumers have been unable to experience an exciting class of digital broadcasting content from the Internet and other sources because of the large amount of bandwidth required to transmit these streams," said Jim Olson, president and CEO of SkyStream. "Through SkyStream's broadcast networking technology, however, consumers can access rich media Internet content quickly and reliably through their cable, satellite, or local TV station. We believe Intel's investment can help us accelerate the creation of these new broadband networks." At NAB '99 in Las Vegas, SkyStream and Intel showcased broadcast Internet technologies, including SkyStream's award-winning bandwidth-saving feature, called Null Packet Optimization (TM) (NPO). NPO enables broadcasters to insert Internet data into otherwise unusable space created by an incoming video bitstream. Last November, Intel used SkyStream's products in the nation's first live demonstration of enhanced digital TV broadcasting. During the airing of a documentary on architect Frank Lloyd Wright by the Public Broadcasting Service (PBS), Intel used SkyStream's DBN-25 Integrator to broadcast enhanced content over a digital TV transmission. The video and additional educational content was viewed in select locations using PCs capable of receiving and displaying the enhanced DTV signal. About SkyStream Corporation Based in Mountain View, California, SkyStream is the leader in data and video broadcast networking products for satellite, cable and digital TV companies. SkyStream's products are deployed at some of leading satellite and cable companies in the U.S. and across the world. SkyStream delivers open broadcast networking solutions that bridge the gap between the Internet and broadcast markets. SkyStream partners include Harris Corporation, Scientific-Atlanta, International Datacasting, Philips and Tektronix. SkyStream's null-packet optimization technology was awarded "Best Data Product of the Year" for 1998 by Satellite Communications Magazine. SkyStream has offices in Atlanta, Georgia, and London, England. For more information go to www.skystream.com. SkyStream is a trademark of SkyStream Corp. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged. Contact: CONTACT: SkyStream Corporation Christine Yum Lenz, 650/390-8629 christine@skystream.com or Wilson McHenry Company Erin Hartin, 510/723-6206 ehartin@wmc.com 08:16 EDT JUNE 21,