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To: Jim Bishop who wrote (1633)6/25/1999 11:20:00 AM
From: SSP  Respond to of 150070
 
USVO at $1.18 up 24% so far on yesterdays news! Another proves us right again!



To: Jim Bishop who wrote (1633)6/25/1999 11:21:00 AM
From: SSP  Respond to of 150070
 
Symbol Last Change Net Chg. % Tot. Vol. Company Name
USVO 1.18000 +.23000 +24.21 1312700 USA VIDEO INTERACTIVE CORP, COM NEW
LDSR .56250 +.06250 +12.50 5500 LANDSTAR INC
DMEC .2100 +.0200 +10.53 175800 DIAMOND ENTERTAINMENT, COM NEW
GAAY .1800 +.0130 +7.78 320800 TRIANGLE BROADCASTING INC, COM PAR $
SHCC .2275 +.0125 +5.81 4516900 SARATOGA INTERNATIONAL HOLDINGS CORP
CISI .1250 +.0050 +4.17 43000 CIS.COM INC
CENK 2.37500 +.06250 +2.70 16000 CENTRACK INTERNATIONAL INC
ECNC .4400 +.0100 +2.33 134100 ECONNECT
CHS 2 15/16 +1/16 +2.17 3200 BERNARD *CHAUS INC, COM NEW
PFOO 3.75000 +.06250 +1.69 29500 PLANET 411.COM CORP
PAEB .1900 +.0025 +1.33 61000 PALWEB CORP
MHTX .77000 +.01000 +1.32 27300 MANHATTAN SCNTFC



To: Jim Bishop who wrote (1633)6/25/1999 11:24:00 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
MYSTIC, Conn.--(BUSINESS WIRE)--June 25, 1999--Enersphere.com
(www.enersphere.com) has ordered a USA Video Interactive system (NASD:
USVO; ASE: US), including its Video-on-Demand(tm) and Wavelet
technology, as the first in a planned international deployment of
servers providing Video-on-Demand(tm) and other services to
communities via set-top boxes. The Ontario-based Enersphere.com works
with community leaders and members to create community-based Intranet
systems that utilize the Internet to provide residents with movies and
other entertainment content but also with such value-added services as
enhanced TV, monitored smoke detectors, automatic meter reading,
health and education services, Email and Internet access.
The services will be offered at low cost to all members of a
geographic community, establishing what is essentially a community
Intranet. Advertising revenues from local and national accounts will
subsidize the services, and E-commerce will be available for local
vendors. Enersphere.com is currently preparing several pilot programs
and expects to have successful demonstrations in Canada and the United
States later this year.
"We've chosen the USA Video Interactive system because it is
superior to any other currently available," said Rick Whittaker,
president of Enersphere.com. "It is fully compatible with the
fast-approaching future enhancements in bandwidth; it is fully
scalable so we can easily expand our capabilities as communities and
services we offer grow; and it is the highest quality, most
cost-effective solution for the future of TV and the Internet."
The USA Video Interactive system will include an NT-based server
from SeaChange International (Nasdaq: SEAC), the USA Video Interactive
Video-on-Demand(tm) and Wavelet technologies, and full training,
service and maintenance. "It's fitting that our first sale is to a
company with a revolutionary and forward-looking approach to the
future of the Internet and TV that actually provides a tangible
benefit to the community," said Edwin Molina, President of USA Video
Interactive.
Molina also noted that this sale marks the official transition of
the company from research and development to sales and marketing.
"After ten years of developing our Video-on-Demand(tm) system, we're
now in sales. While we are constantly improving our technology, our
R&D these days is primarily tailoring our systems to specific
requirements of clients in education, Internet advertising, home
entertainment, security and several other markets."
The partners in Enersphere.com are Rick Whittaker and John
Cullen. Cullen also is a partner in The Cantemore Group, which
provides consulting services to USA Video Interactive.

USA Video Interactive is an international designer and supplier
of high-tech Video-on-Demand(tm) systems, services and solutions. The
USA Video Interactive technology allows users to view streaming video
or to access digitized video libraries, including movies, sports,
other entertainment, educational resources, corporate training
seminars and other archives. The USA Video Interactive technology
gives users full-motion video; the unique flexibility of standard,
VCR-like controls of play, fast forward, reverse and pause; and the
convenience of a standard internet-browser format for access. USA
Video Interactive can utilize MPEG-1, MPEG-2 or MPEG-4 compression
techniques but prefers its Wavelet compression technology. The USA
Video Interactive Wavelet technology allows direct streaming and
download and play options; provides video images significantly faster
and at a higher degree of resolution than with previously available
methods; significantly overcomes bandwidth restrictions; and
eliminates the blockiness and slowness of current technologies, all at
a lower cost. An essential feature of the USA Video Interactive
technology is that it allows extremely high compression ratios while
retaining broadcast quality.

--30--jgm/cgo* ccv/cgo

CONTACT: USA Video Interactive
Tony Castagno, 860/572-1560
or
Kevin Yorio, 860/572-1560