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Technology Stocks : Seac - Seachange New IPO -- Ignore unavailable to you. Want to Upgrade?

To: Starowl who wrote (363)	12/28/1999 11:59:00 AM
From: -Mad-Jon	Respond to of 431

Company Press Release Tuesday December 28, 11:24 am Eastern Time MTV3 Buys Third SeaChange Video Server System Finland's Top Broadcaster Expands Digital Operations With Broadcast MediaCluster HELSINKI, Finland--(BUSINESS WIRE)--Dec. 28, 1999--SeaChange International, Inc. (Nasdaq:SEAC - news) is proud to announce that Finland's leading broadcaster MTV3 has again purchased a SeaChange Broadcast MediaCluster digital video server system to anchor its nationwide broadcast operations. Installed alongside two existing Broadcast MediaClusters in MTV3's Helsinki facility, the third system enables the broadcaster to store and deliver more of its programs and commercials with digital video quality and reliability. MTV3's third Broadcast MediaCluster is a four node configuration which is capable of storing 132 hours of video at 12Mb/s with up to 16 I/Os. The MPEG-2 4:2:2 Broadcast MediaCluster video server system leverages SeaChange's patented MediaCluster server architecture to address the challenges of multichannel broadcasting with the greatest degree of fault-resilience and cost-effective scalability in the television industry. Serving 25,000 television channels for broadcast and cable television companies worldwide, SeaChange International, Inc. (www.schange.com) is the leading provider of MPEG-2 digital video systems. SeaChange's products, incorporating the Company's patented software and hardware technologies, automate the management and distribution of video streams including advertisements, movies, news updates and other broadcast-quality video programming requiring precise execution. Founded in 1993, SeaChange is headquartered in Maynard, Massachusetts. SeaChange's EMEA (Europe, Middle East and Africa) sales operation, headquartered in Genoa, Italy, is managed by Marcello Dellepiane (tel. +39 010 5530177). MediaCluster is a registered trademark of SeaChange International, Inc.