trading at .43...looks very interesting...Time Warner:
Greenleaf Technologies and BroadcastDVD Announce Exclusive Partnership to Include Interactive Video Magazines with DVD Spectacular Encrypted Game Packs
AUSTIN, Texas--(BUSINESS WIRE)--Aug. 30, 1999--In a bold bid to ride the crest of the burgeoning market for DVD ROM enabled computers, Greenleaf Technologies Corporation (OTC BB: GLFC - news) and BroadcastDVD today announced a three year, exclusive partnership which they hope will bring encrypted ''try and buy'' games (Encrypted Game Packs, EGP's) and interactive broadband video magazines into millions of homes beginning this Fall.
''The synergistic nature of this partnership shows how entertainment content providers, software companies and advertisers will maximize the value of the enormous amount of space that DVD ROM offers,'' stated Greenleaf executive vice president Christopher Webster. ''The DVD Spectacular Series will feature nearly 5 gigs of encrypted games on one side of the disc and a 4 gigabyte broadband magazine on the other side of the disc; over 14 times the amount of content you could fit onto a CD ROM''
Announced earlier this year as a partnership between Greenleaf, Warner Advanced Media Operations (WAMO) a business unit of WEA Mfg., a Time Warner Company (NYSE: TWX - news) and Infogrames, the DVD Spectacular Series of EGP discs will be offered for free with DVD ROM computers directly from OEM's and at the point of purchase.
''The DVD format has experienced phenomenal growth and we believe that this growth rate will continue, if not accelerate, over the next several years,'' continued Webster. ''With five great games available on one side of the disc at a fraction of their retail cost and a free video magazine on the other side of the disc, the EGP's are sure to get people excited about DVD equipped computers,'' continued Webster.
''It's a very exciting day for BroadcastDVD,'' said BroadcastDVD vice president of marketing Scott Epstein. ''Over the next few years, we will introduce broadband DVD magazines in the areas of film, fashion, sports, music, and half a dozen other affinity driven areas. The DVD Spectacular Series will help us attain the circulation necessary to make these video magazines thriving consumer advertising publications supporting web-connected banner ads, web-connected broadcast spots, catalogs, rich media web sites and more,'' continued Epstein. ''The industry anticipates that advertisers will spend millions of dollars to place ads onto broadband DVDs, and this win-win partnership puts our company and the other partners in the DVD Spectacular Series at the forefront of an industry that is poised to explode.''
First up for the DVD Spectacular Series will be a DVD including Super Bubsy, V-Rally, Test Drive 5, Jack Nicklaus 5, Hardball 6 2000 Edition and a special DVD ROM version of BroadcastDVD's, FILM-FEST DVD - a video magazine that takes viewers to the best film festivals in the world. Contents of the video magazine will include interviews with THE BLAIR WITCH PROJECT Directors, Daniel Myrick and Eduardo Sanchez, and filmmakers and celebrities including Tim Roth, Eric Stoltz, Sheryl Crow, Guy Pearce and Robert Carlyle. Also included is an hour of award-winning short films from the latest film festivals.
About BroadcastDVD
Santa Monica based BroadcastDVD develops and publishes highly entertaining, web-connected, advertising and e-commerce supported magazines for delivery on DVD and Broadband platforms. In addition, the company acts as a consultant and service bureau to independent producers and corporations in developing and distributing short-content and alternative DVD products for consumer markets, as sales and presentation tools, for in-store kiosks, as catalogs, as corporate archives and for other internal and external corporate needs.
About Greenleaf Technologies Corp.
Based in Austin, Texas, Greenleaf develops and markets computer data security and communication solutions to protect intellectual property from unauthorized access. Greenleaf owns and markets a line of proprietary high-tech products that provide computer software security protection and offers new ways to bundle and distribute software-based content.
This release contains forward looking statements with respect to the results of operations and business of Greenleaf Technologies Corporation that involve risks and uncertainties. The Company's actual results could materially differ from those discussed. Risks and uncertainties of the Company, including risks attendant to the media and software industries and to the Company's ability to obtain adequate funding, will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the ''safe harbors'' provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Greenleaf Technologies Corp., Austin Eric Low 512/343-1300 or Investor Relations: Investments 101 800/749-0114 |