Piranha, Inc. Selects SGI Origin 3000 Series System
For Real-time, Multistream Video Encoding Service
Piranha Prepares for Launch of Professional Encoding Services for Entertainment, Sports and Broadcast industries
DALLAS, Oct. 10 /PRNewswire/ -- Piranha, Inc. (OTC Bulletin Board: BYTE - news), an innovator in data compression solutions, today announced that it has selected the SGI(TM) Origin(TM) 3000 series server as the development platform for a proprietary multiprocessor software encoding system that allows for real-time, multistream image processing, as well as state-of-the-art video compression.
``Piranha has developed a state-of-the-art data compression process that improves the user experience and reduces the overall bandwidth requirements that are currently strangling the Internet,'' said Carey Lotzer, Chief Scientist, Piranha, Inc. ``We intend to offer significant increases in available bandwidth with our compression products while offering an image that beats all current standards.''
``We believe that the real-time quality and dependability of the Piranha encoding process on the SGI Origin 3000 series server along with the speed of the Piranha decoding software will be a plus to many existing player technologies. We fully intend that this unique and innovative system will power the next generation of Digital Cinema/Video-on-Demand set-top appliances,'' said Don Ashley, President and Chief Operating Officer, Piranha, Inc. ``Today's announcement further defines Piranha's position in the professional, high-end marketplace for streaming media.''
SGI Origin 3000 series servers utilize the unique SGI NUMAflex(TM) modular technology, a brick-like system for constructing small to very large configurations from a common set of building blocks. The NUMAflex modular system allows users to build the optimum configuration one component at a time and adopt new technologies that map to their specific business needs.
``We are pleased that Piranha has selected the SGI Origin 3000 series server as its primary platform for its innovative video encoding solution,'' said Greg Estes, Vice President and General Manager, Telecommunications and Media Group, SGI. ``As I/O and bandwidth needs continue to grow, the flexible modular architecture of the Origin 3000 series server is uniquely suited to meet the expanding needs of Piranha's customers.''
About Piranha, Inc.
Piranha, Inc., based in Dallas, Texas, provides digital data compression technology through its three commercially available products: Piranha Stream(TM), a real-time streaming video product; Piranha Net(TM), an image based Web page product; and Piranha Byte(TM), a publishing and printing product focusing on digital media workflow. Piranha products are available on Linux®, Windows® and Macintosh systems. More information is available at www.piranha.com .
About SGI
SGI (NYSE: SGI - news) provides a broad range of high-performance computing and advanced graphics solutions that enable customers to understand and conquer their toughest computing problems. SGI Media Commerce(TM) solutions enable entertainment, media and broadband Internet customers to transact content over a vast range of networks. Headquartered in Mountain View, Calif., with offices worldwide, the company is located on the Web at www.sgi.com .
SGI, Origin, NUMAflex, SGI Media Commerce and Media Commerce are trademarks of Silicon Graphics, Inc. Linux is a registered trademark of Linus Torvalds. Windows is a registered trademark of Microsoft Corporation. Macintosh is a registered trademark of Apple Computer, Inc.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Included in this press release are certain ``forward-looking'' statements within the meaning of the Securities Act of 1933, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those anticipated in the forward-looking statements as a result of certain factors, including sales levels, retention, competition trends and other market factors.
CONTACT: Edward W. Sample, CEO of Piranha, 214-800-2835, or edsample@piranhabyte.com, or Michael DiLorenzo or David McKee, both of Schwartz Communications, 781-684-0770, or pirahna@schwartz-pr.com, or Lisa Pistacchio of SGI, 650-955-5683, or pistacchio@sgi.com
SOURCE: Piranha, Inc.
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