Imaginon (IMON)Set to Launch High Bandwidth Internet Portal ImOn.com At 1999 ISPCON in San Jose
Monday October 11, 8:47 am Eastern Time
Company Press Release
Imaginon Set to Launch High Bandwidth Internet Portal ImOn.com At 1999 ISPCON in San Jose
ImOn.com will showcase an "Internet TV Station" that is enabled by ImaginOn's patented software technology; real-time seamless n-branching video and real-time Web research to be featured;
SAN CARLOS, Calif--(BUSINESS WIRE)--Oct. 11, 1999-- ''Live at a higher bandwidth,(TM)'' ImOn.com's positioning theme,
refers to the content and services produced for, and offered exclusively at, the high speeds available to one million U.S. Internet
users with cable modems or DSL connections.
Life at a higher bandwidth begins later this month at the 1999 ISPCON Conference in San Jose, California when ImaginOn, Inc. (Nasdaq: IMON - news) introduces www.ImOn.com. The only exclusively high bandwidth Internet portal featuring real-time seamless n-branching interactive TV technology fully integrated with a Web research engine. ImOn.com provides a wide variety of functions including real-time on-line multimedia searches, interactive television, music videos, video games, interactive video travel planners and video shopping catalogs. The portal, which will be marketed several different ways, also includes traditional features like email, calendar/date books, and customized news channels, among others. Furthermore, many of the interactive TV programs and commercials within the portal were built with ImaginOn's ''ImaginAuthor'' authoring system.
The launch of www.ImOn.com will take place simultaneously at ISPCON Booths No. 2290 and No. 2223 and live via the Web to any person or corporation connected to the Internet via high speed cable modem or DSL connection.
According to ImaginOn Chief Executive Officer David Schwartz, those individuals connecting at a speed less than 384kbps will be limited to a portal overview demonstration designed to run at 28.8kbps. ''The ImOn.com portal is exclusively for clients with 384kbps or higher Internet access,'' Schwartz said today. ''This is where the Internet is headed and this is where our patented software technology really begins to work from the server side. The important thing for everyone to remember is that www.ImOn.com is not a promise - it's a reality that can be immediately accessed by all high speed Internet connected corporations, schools and individuals. These customers can either access ImOn.com for free as part of a DSL package purchase through our wholly-owned subsidiary INOW Internet Services or, for a monthly fee of $9.95, using their existing high bandwidth provider.'' Other usage options also exist, Schwartz continued. ''Our ImOn.com portal software system can be licensed from us by any company that wants their own Internet TV station. We have already reserved a series of domain names for our future licensees that reinforces this concept, in the range starting with Channel1TV.com and continuing through Channel61TV.com.
''Existing corporate intranets can be extended to the Web this way for vastly improved communications capabilities. This is important to media companies that sell entertainment experiences, as well as design and engineering intensive firms such as those in the automotive and aerospace industries who need superior quality interactive remote imaging for design reviews. Companies that want to gain the capabilities we have at ImOn.com can easily clone the software from our server and install it on their own server. ImaginOn will customize the portal's virtual console interface to meet their needs and even maintain it through an ongoing service contract agreement.''
ImaginOn also anticipates that revenues will be generated by other regional Internet Service Providers acting as www.ImOn.com distributors, as well as by advertising, and commissions stemming from video e-commerce sales. According to Schwartz, a feature that is likely to drive portal memberships in the short-run is the debut of the on-line version of the WebZinger Research Engine, which will feature support for Real Audio and Video, MP3 and quicker, more efficient audio and video retrieval.
ImaginOn, Inc., operating through its wholly-owned subsidiary, ImaginOn.com(www.imaginon.com), engineers, produces and sells business and consumer software for CD-ROM and Internet users, including: WebZinger, its product line of Web Research Engines; sellONstream, its e-commerce software solution; and WorldCities 2000 Web/CD travel planners. ImaginOn, Inc.'s wholly-owned subsidiary, INOW, Inc., (www.inow.com) provides Internet services including high-speed connectivity, website hosting, website design and e-commerce support. ImaginOn, Inc.'s wholly-owned subsidiary ImaginOn Digital Productions (www.imaginondp.com) designs web sites and advertiser-supported CD-ROMs.
WorldCities 2000, sellONstream, WebZinger, and ImaginAuthor are trademarks of ImaginOn.com and are also protected under U.S. Patents.
Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the ''safe harbor'' provision of the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include acceptance of ImaginOn software by developers and users, the successful development of competitive software to ImaginOn's, and competitive pricing pressures for ImaginOn software and services. In addition, other risks are detailed in the Company's periodic reports and in its Form S-3/A-2 registration statement declared effective by the Securities and Exchange Commission on April 26, 1999. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
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Contact:
Griffin Public Relations & Marketing
Bob Griffin
212/481-3456
Bgriffin@griffinpr.com |
