WINK----> RE: LBRT; IMPORTANT READ... why WINK will Move with LBRT.
Both in the same biz... but a pr almost a month ago ties LBRT & WINK products together. WINK moving up now... been relatively flat the whole time that LBRT has doubled!
Monday October 25, 6:00 am Eastern Time
Company Press Release
SOURCE: Wink Communications, Inc.
Enhanced TV Leaders Wink and Liberate Form Alliance to Enable Impulse
E-Commerce on TV Wink and Liberate Team Up to Further Enhanced TV
Content and Services
ALAMEDA and SAN CARLOS, Calif., Oct. 25 /PRNewswire/ -- Wink Communications Inc. (Nasdaq: WINK - news) and Liberate Technologies (Nasdaq:
LBRT - news) announced today a multi year strategic partnering agreement to integrate each other's products to deliver enhanced TV programming and advertising
to consumers. Wink's response network services and broadcast tool sets will be integrated with Liberate's client and server software, enabling network operators to
access Wink functionality from Liberate platforms. The agreement was announced today by Maggie Wilderotter, President and CEO, Wink Communications, Inc.
and Mitchell Kertzman, President and CEO, Liberate Technologies.
''We are very pleased to partner with Liberate to enable impulse e-commerce services on Liberate's software platform. Liberate is an industry leader in enhanced
TV, and was instrumental in the development of the ATVEF standard. Our mutual customers have been very supportive of a joint offering, and we look forward to
deploying it together next year,'' said Maggie Wilderotter.
''Liberate's leading platform for enhanced TV software provides network operators with a complete solution -- our partnership with Wink significantly extends our
portfolio of choices to deliver compelling content and services to consumers,'' said Mitchell Kertzman. ''One-click ordering for impulse e-commerce is an essential
element of enhanced TV and Wink has built the leading back end for capturing and processing consumer transactions.''
Under the terms of the agreement, Liberate will offer the Wink impulse response capability as an integrated component of its TV Navigator product line, which is
used by leading cable, telco and satellite operators to provide an open standards based platform for enhanced TV services. Wink's Response Network will provide
transaction response routing services for programmers, advertisers, and operators using the Liberate platform. In addition, Wink's previously announced ATVEF
broadcast tool sets will enable broadcast and cable networks, advertisers and operators to create and broadcast ATVEF compliant programming and advertising.
The commercial terms of the agreement were not disclosed.
About Liberate Technologies
Liberate Technologies is a leading provider of a complete software platform for delivering Internet-enhanced content and applications to information appliances, such
as television set-top boxes and game consoles. Liberate's Internet-based client and server software allows network operators, such as telecommunications
companies, cable and satellite television operators and Internet service providers to provide consumers access to network operator-branded applications and
services. Headquartered in San Carlos, California, the company has sales offices in the U.S., Japan and the U.K.
Liberate investors include: Acer, America Online, Comcast, Cox Communications, General Instrument, Hambrecht & Quist, Lucent Technologies, Netscape,
Nintendo, MediaOne Ventures, Oracle, Rogers Communications, Sega, Shaw Communications, Sony, Sun Microsystems, and Wind River Systems.
NOTE: Liberate, Liberate TV Navigator, Liberate Connect, Enhanced TV and the Liberate logo are trademarks of Liberate Technologies. All other trademarks are
the property of their respective owners.
''Safe Harbor'' Statement Under the Private Securities Litigation Reform Act of 1995: Information in this release that involves Liberate Technologies' expectations,
beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. All forward-looking statements
included in this release are based upon information available to Liberate Technologies as of the date of the release, and we assume no obligation to update any such
forward-looking statement. These statements are not guarantees of future performance, and actual results could differ materially from our current expectations.
Factors that could cause or contribute to such differences or risks associated with our business are discussed in the Company's registration statement on Form S-1
declared effective by the Securities and Exchange Commission (''SEC'') on July 27, 1999, and in the other reports filed from time to time with the SEC.
About Wink Communications, Inc.
Wink Communications, Inc. based in Alameda, California, provides a complete end-to-end system for low-cost electronic commerce on television. Wink Enhanced
Broadcasting(TM) allows advertisers, merchants, and broadcast and cable networks the ability to create interactive enhancements to traditional television
advertisements and programs. With a click of the remote control during an enhanced program or ad, viewers can use Wink to access program-related information,
participate in votes and polls, play along with games and trivia tests, request samples, coupons and brochures, and purchase products.
Wink capability is currently available to viewers in cable markets in California, Connecticut, Illinois, Missouri and Tennessee. Wink Enhanced Broadcasting has been
available in Japan since October 1996 and in the United States since June 1998. A complete list of industry leaders who have adopted the Wink technology and
additional information regarding Wink Communications is available at wink.com .
The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking statements. Certain information included in this press release (as
well as information included in oral statements or other written statements made or to be made by the company) contains statements that are forward-looking, such
as statements relating to anticipated future revenues of the company and success of current product offerings. Such forward-looking information involves important
risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any
forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company's filings with
the Securities and Exchange Commissions.
SOURCE: Wink Communications, Inc. |
