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Technology Stocks : Next Level Communications Inc. (NXTV) -- Ignore unavailable to you. Want to Upgrade?


To: Rob Pierce who wrote (105)9/29/2000 6:59:21 PM
From: Rob Pierce  Read Replies (1) | Respond to of 131
 
NXTV invests in targeted ad company Expanse Networks

Double-Click for TV it seems.

siliconinvestor.com

Expanse Networks Inc., a developer of addressable television ad delivery systems and software for broadband networks announced today that Next Level Communications (NASDAQ: NXTV chart, msgs), a leader in ATM/IP optical interactive DSL broadband systems, has made a $3 million investment in the company.

The company has developed ExpanseTV(TM), a series of products for targeting specific television ads to individual TV sets connected to either cable television or VDSL (Very High-Speed Digital Subscriber Line) networks.

In addition, Next Level has extended an existing $2.4 million contract to establish proof of concept and to implement targeted advertising on VDSL networks.


RP