Regarding the GRCI.OB and Concurrent link:
biz.yahoo.com
Wednesday March 29, 12:28 pm Eastern Time
Company Press Release
Open Deploys VideoPropulsion DVB For Its On-Line Service
VPI Products Used as Uplinks for Fast and Reliable Satellite Transmissions
SLINGER, Wis.--(BUSINESS WIRE)--March 29, 2000-- VideoPropulsion, Inc. (VPI), a wholly owned subsidiary of GENROCO, Inc. (OTC BB:``GRCI''), announced today that its VDOPro(TM) DVB solutions are utilized in BSkyB's Sky Digital on line services offered by Britain's first national interactive digital TV provider, Open.
Open, Britain's leading interactive digital TV service, uses the VPI DVB transmit products to continuously pump full bandwidth, precisely timed transport streams containing video, audio and data for on-line transactions. Open's customers are able to arrange timely delivery of ordered goods and services from the comfort of their homes. This service has led the industry worldwide with a broad selection of activities ranging from on-line banking to the purchase of theatre tickets.
``The VPI DVB cards are the most cost effective offering on the market today,'' said Alec Livingstone, Technical Group Director of Open. ``The card's high bandwidth allows us to maintain a low cost-per-stream technical option.''
``Open's On-Line service is an ideal application environment for our DVB products,'' stated Barbara Pick, President and CEO. ``The Open solution, integrated with Compaq servers and Oracle OVS, is at the forefront in providing immediate transactions through television set top boxes. Open has blazed the trail for truly interactive television and we are proud to be an enabling part of their solution. We believe that lowering the cost per stream of delivering video and data through digital TV infrastructure is fundamental to the acceptance of this technology by consumers. Our products reflect our dedication to this idea by offering our customers ways to increase functionality and optimize use of their servers. That translates to better service at a lower cost, something everyone wants.''
About VideoPropulsion, Inc.
VideoPropulsion, Inc. is a leading edge digital video technology company with expertise in providing high performance, low cost hardware & software solutions for MPEG transport. The company's partners include Oracle, SGI, Compaq, Sun Microsystems, Lysis and other major video server and iDTV applications suppliers. VDOPro products have been in active use in Europe since 1995. Incorporated into offerings from OpenTV, Concurrent, Open, Lysis, Peach, and others for applications such as interactive TV services and video-on-demand, VPI has been leading the way with its reliable and innovative products.
Additional information about VideoPropulsion can be found at videopropulsion.com .
About Open
Open is the free interactive digital TV service created by British Interactive Broadcasting and backed by BSkyB, BT, HSBC and Matsushita. Launched in October 1999, it offers home shopping, TV banking, entertainment and e-mail, initially to digital satellite TV households. It can also be carried on other digital TV networks. Nearly half of Sky Digital's customers access the service at least once a week; at least 8 million visits were made to Open between the launch and Christmas, with peak sales exceeding one million pounds per week. Content providers on Open include retailers Argos, ASDA, Carphone Warehouse, Dixons, Manchester United merchandise, Next, Thorntons, Comet, WHSmith, Somerfield 24-7 and Woolworths; internet traders E*Trade, Kitbag, Yalplay, Toyzone and Gameplay; advertisers Ford, Scottish Power, Mastercard, Nestle and Unilever; HSBC, Abbey National, Halifax, The Woolwich and Cornhill for financial services and First Call for ticketing at theatres and sports events and Going Places, Tropical Places and First Choice for travel. Open was granted Millennium Product status by The Design Council in December 1999. For further information on Open go to open-here.co.uk .
Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents GENROCO, Inc. and VideoPropulsion, Inc. file with the Securities and Exchange Commission.
SOURCE: DigitalWork ( digitalwork.com )
DigitalWork.com -- Your Business Workshop
Contact:
VideoPropulsion, Inc., Slinger Dru Popper-Lopez, 414/732-4344 Email: info@genroco.com Web: videopropulsion.com
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