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Microcap & Penny Stocks : USVO - USA Video Interactive -- Ignore unavailable to you. Want to Upgrade?

To: james reinhart who wrote (373)	11/11/1999 5:10:00 PM
From: bigbuk	Read Replies (1) \| Respond to of 648

Thursday November 11, 12:22 pm Eastern Time Company Press Release SOURCE: USA Video Interactive Corp. USA Video Interactive Leads Seminar on 'Delivering Disruptive Innovation' at International Business Conference; Cites Role of Internet Video in Next Generation of Entertainment VANCOUVER, British Columbia, Nov. 11 /PRNewswire/ -- The chief financial officer of USA Video Interactive Corp. (Nasdaq: USVO - news; Alberta: US - news; usvo.com ) Friday will address an international audience of business leaders attending the Disruptive Innovation Conference, stating that his firm's Wavelet-based Internet streaming Video-on-Demand(TM) is revolutionary because it meets customers' current needs and will meet their unstated future needs as well. ''The prevailing trend is to wait until there is enough bandwidth to accommodate the limitations of old streaming video technology,'' USA Video Interactive CFO Tony J. Drescher says. Citing the Thanksgiving evening webcast of the L.A. Music Awards (http://www.lamusicawards.com) as an example, Drescher said, ''We are working with some forward-looking clients who recognize that not only does our technology work best in today's limited bandwidth environment, but it also will meet the future needs that many of their customers don't even know they have yet.'' Thus, Drescher says, USA Video Interactive can assist established companies in serving today's consumer demands for streaming video while bridging to accommodate future demands with fully scalable and adaptable Wavelet compression technology. Drescher is introducing the Disruptive Innovation Conference's distinguished panel on Delivering Disruptive Innovation. Panelists include Tim Jacobs, president of 1st Books, publishers of the Newcomer's Handbooks(TM) series; Dave Williams, vice president of marketing for the music download directory Listen.com; and Garry Hare, executive vice president of broadband media for Arepa.com, Inc., provider of broadband content on demand. The moderator is Spencer Reiss, vice president of GilderGroup. Disruptive Innovation (http://www.disruptivei.com) features cutting-edge presentations and analysis by Harvard Business School's Clayton Christensen, author of The Innovator's Dilemma, which cracked the Top 10 on BusinessWeek's bestseller list, and George Gilder, chairman of GilderGroup and a Senior Fellow at Discovery Institute where he directs Discovery's program on high technology and public policy. Disruptive Innovation is the business conference where there is no ''business-as-usual.'' Produced by GilderGroup and hosted in Vancouver by the Four Season's Hotel, Disruptive Innovation attracts leading corporate thinkers and entrepreneurial innovators, joined by an invitation-only delegate audience of top managers, executives, and investors. At Disruptive Innovation, attendees confront today's most crucial management, investment, and innovation themes: Will new technology blow us out of the water? Will our ''stealth'' competitors eat our lunch? Are new markets getting ready to explode right under our feet? How can established, mainstream companies exploit the fast-moving, innovation-based opportunities that are driving business today? About USA Video Interactive USA Video Interactive is an international designer and supplier of high- tech Video-on-Demand 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 near-broadcast quality. USA Video Interactive Corp. US Office 70 Essex Street, Mystic, CT 06355 800-625-2200 860-572-1560 Canada Office 837 West Hastings Street, Suite #507, Vancouver, B.C. V6C 1B2 800-321-8564 604-685-1017 Trading symbol on the US NASD OTC BB: USVO SEC 12g3-2(b) Exemption: #82-1601. Trading symbol on The Alberta Stock Exchange: US. Standard & Poors Listed. CUSIP 902924208 USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are trademarks of USA Video. The Alberta Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. SOURCE: USA Video Interactive Corp. More Quotes and News: USA Video Interactive Corp (Alberta:US.AL - news; OTC BB:USVO.OB - news) Related News Categories: computers