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

To: Halbert who wrote (479)	2/22/2000 5:31:00 PM
From: Halbert	Read Replies (1) \| Respond to of 648

Here is some welcome news -> USA Video Interactive Files Form 10 to Become Fully Reporting Company MYSTIC, Connecticut - February 22, 2000 -- USA Video Interactive (OTC BB: USVO; CDNX: US; www.usvo.com) today filed its Form 10 with the United States Securities and Exchange Commission, a requirement to become a Fully Reporting Company. “Becoming a Fully Reporting Company is an important part of our business plan and will help strengthen our company,” said Edwin Molina, President of USA Video Interactive. “It is a key step in our ongoing growth.” Upon acceptance, this registration will establish a public file containing all pertinent financial information on the company and will include periodic filings such as the quarterly Form 10-Q, the annual Form 10-K, and the Form 8-K whenever appropriate to announce material changes. About USA Video Interactive USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and Video-on-Demand™ systems, services and solutions. 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. Its 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 and at or near broadcast quality. For more information on USA Video Interactive, visit www.usvo.com. USA Video Interactive Corporate Headquarters 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 3N6. Trading symbol on the US NASD OTC BB: USVO;Trading symbol on The Canadian Venture Exchange: US. Standard & Poors Listed. CUSIP 902924208; USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are trademarks of USA Video Interactive. The Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For more information contact: Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations, 860-572-1560; info@usvo.com This press release may contain forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those anticipated in forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties.