Jain on CNBC at 4:50PM, and "Digeo" News...
Apparently NJ will appear in a few minutes on CNBC, to respond and/or refute the very negative comments made about INSP's business model, stated by the CEO of OPWV last week on CNBC...I believe basically saying that INSP was little more than an ASP, whose inertia was gone.
In addition, the following Press Release regarding "Digeo" came out today:
siliconinvestor.com
digeo Licenses Wink Communications Technology
Companies to Collaborate on Interactive TV Services for Thin-Client Set-Top Boxes
KIRKLAND, Wash. and ALAMEDA, Calif., Jun 12, 2001 /PRNewswire via COMTEX/ -- Wink Communications, Inc. (Nasdaq: WINK chart, msgs) and digeo(TM), inc. today announced that digeo has licensed Wink's Enhanced Broadcasting technologies to deliver iTV services to cable operators throughout North America. Wink's technology will enable digeo to develop interactive channels for deployment on "thin-client" digital set-top boxes. St. Louis-based Charter Communications, Inc. (Nasdaq: CHTR chart, msgs) will be the first cable operator to roll out the combined iTV services.
(Photo:http://www.newscom.com/cgi-bin/prnh/19991103/WINKLOGO )
"Cable operators are looking for an immediate and cost-effective solution to deliver interactive TV to their customers' existing set-top boxes," said Jim Billmaier, digeo CEO. "Working with Wink, we have developed a compelling iTV service-helping our cable operator partners increase their revenues and reduce churn-while providing their customers with exciting new interactive channels."
The licensing agreement allows digeo to use Wink Studio, Wink Broadcast Servers and Wink's "TV Wallet" technology to deploy its iTV service on the Motorola DCT-2000 and Scientific-Atlanta Explorer 2000 & 3000 set-top boxes. Charter will look to deploy the service to their customers later this year.
"We believe that the union of these technologies will enable Charter to quickly provide our customers with advanced iTV services on a platform that is widely deployed in the field today," said Stephen Silva, Charter Senior Vice President of Corporate Development & Technology. "As we are constantly seeking to add customer value, we're pleased that this solution makes it feasible to offer quality iTV services in addition to video on demand and an enhanced program guide."
"Wink has assumed the leadership position in the iTV industry by developing strong business relationships with market and industry leaders," said Maggie Wilderotter, President and CEO of Wink Communications. "digeo is positioned to create a revolution in home media by leveraging existing agreements with national MSOs to deliver operator-branded home-based entertainment, and commerce solutions. We are pleased to be associated with companies such as digeo that are developing smart new interactive channels for the emerging wired world."
About digeo, inc.
digeo, The Interactive TV Company, creates new opportunities for cable operators, content providers, merchants and advertisers by delivering on-demand local and national news, weather, sports, entertainment, shopping, games, email and more. digeo makes the deployment of iTV easier by building the infrastructure, integrating and enhancing existing content, creating original content, managing the network, and providing training and customer-care support based on the needs of our cable operator customers.
digeo was founded in 1999 by Paul Allen, with investments from Vulcan Ventures Inc. and Charter Communications and is part of Paul Allen's Wired World. For more information on digeo go to www.digeo.com or contact Rhona Hamilton at 425-896-6031.
About Wink Communications, Inc.
Wink is the leading mass-market interactive television solution in North America, giving viewers a free and convenient way to interact with programs and advertisements while they continue to watch TV. By clicking a button on their remote control during an enhanced program or advertisement, viewers can access program-related information (such as weather, sports updates, trivia and play-along games) request product samples, coupons and other free offers from advertisers or make purchases instantly.
The company's end-to-end system enables advertisers and programmers to process t-commerce transactions while offering viewers instant interactive entertainment and information retrieval. Wink's technology also collects, analyzes and routes viewer behavior and response data to give advertisers and broadcasters a tool to collect consumer & viewer research and to evaluate the success and value of their television campaigns.
Introduced in June of 1998, Wink is currently available to more than 3.2 million satellite and cable households in North America and is distributed through partnership agreements with major cable and satellite operators, network and cable broadcasters, national advertisers and manufacturers of consumer electronics equipment. For more information, contact Richard Henderson (richard.henderson@wink.com) at 510-337-6965 or visit www.wink.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. For a description of additional risks and uncertainties, please refer to the respective company's filings with the Securities and Exchange Commissions.
NOTE: WINK is a registered trademark of WINK Communications, Inc. digeo is a trademark of digeo, inc. All other products or brand names are trademarks or registered trademarks of their respective owners. |
