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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: QwikSand who wrote (28664)	3/9/2000 3:40:00 PM
From: michael	Read Replies (1) \| Respond to of 64865

WHAT great news for USVO Thursday March 9, 2:38 pm Eastern Time Company Press Release USA Video Interactive to Port its Wavelet Streaming Video Technology to Sun Microsystems' Solaris Operating Environment for Education, Corporate Training Markets MYSTIC, Conn.--(BUSINESS WIRE)--March 9, 2000--USA Video Interactive (OTCBB:USVO; CDNX:US; www.usvo.com) announced today that it will develop a wavelet streaming video solution for Sun Microsystems, Inc.'s Solaris(tm) Operating Environment. The two companies plan to offer USA Video Interactive's Wavelet compression for Unix on Sun(tm) server technology and Sun Ray(tm) 1 desktop appliances in the primary and secondary school education market within the next year, and also offer these systems to the corporate training market worldwide. ``We see video content delivery as a new level of service for schools, provided to them through the Web on any client platform,' said Robert Iskander, director of market development, global education and research, Sun Microsystems. ``USA Video's technology will help provide high-quality, high-speed video delivery via the Internet to students anywhere in the world.' USA Video Interactive announced in February that it would enhance its Wavelet compression technology, powered by Lightning Strike, for the Unix platform widely used in education, corporate training, industrial and other business applications where scalability, performance, reliability, and security in large enterprise-based client operations are required. Sun is a leader in these markets. The enhanced technology for Unix will allow Solaris Operating Environment users in both low- and high-bandwidth environments to view high-quality streaming video without losing image or motion integrity. ``We are pleased to develop this technology in association with Sun Microsystems because we believe it will provide for both companies access to untapped markets for streaming video applications through Unix-based platforms,' said Edwin Molina, President of USA Video Interactive. USA Video Interactive's engineering team -- consisting of some of the country's leading experts in Internet technology, video and compression -- will develop and engineer the Unix-based streaming video solution for the Solaris Operating Environment. About USA Video Interactive USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and Video-on-Demand(tm) 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. It 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; SEC 12g3-2(b) Exemption: #82-1601. 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. Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations, 860-572-1560; info@usvo.com Sun, Sun Microsystems, the Sun logo, Solaris and Sun Ray are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Contact: USA Video Interactive Media Relations Tony Castagno 860-572-1560 or USA Video Interactive Investor Relations Kevin Yorio 860-572-1560 info@usvo.com