To: BillyG who wrote (26859 ) 12/18/1997 11:23:00 AM From: BillyG Read Replies (1) | Respond to of 50808
Intel and the Fantastic Corporation Collaborate on Multimedia Broadcasting Technology Intel Invests in The Fantastic Corporation to Encourage Development of Global, Open Multimedia Broadband Platform ZUG, Switzerland--(BUSINESS WIRE)--Dec. 18, 1997-- Intel Corporation and The Fantastic Corporation(TM) today announced they are working together to enable delivery of media-rich content to PCs via broadband infrastructures such as satellite, cable, digital terrestrial and digital subscriber lines (DSL). The Fantastic Corporation, which develops and sells software for broadband multimedia distribution, enables content providers to deliver large amounts of rich multimedia content quickly and efficiently to PCs and advanced set-top computers over any type of high-speed network. This multimedia broadcasting technology lets consumers use a single device, such as a PC or set-top computer, to watch movies, listen to music, download software, buy goods, play games, follow the news and visit with friends and relatives. Intel also disclosed that it has an investment in The Fantastic Corporation, and that it is providing the company with technical support. ''Broadband delivery of multimedia to PCs will vastly improve the consumer's experience and is key to Intel's strategy to enable new uses and new users for the PC,'' said Avram Miller, vice president and director, Business Development, Intel. ''A common interface and tools for content providers, such as those provided by The Fantastic Corporation, will allow for rapid development of exciting content packages and applications.'' ''A key aspect of our business model is to cooperate with content providers,'' said Peter Ohnemus, CEO and president of The Fantastic Corporation. ''We offer these companies the tools to create compelling content without the constraint of bandwidth limitations. We are excited about our relationship with Intel because their innovations will help drive this broadband market segment.'' The Fantastic Corporation's core technology products include the Channel Management Center (CMC), a solution for network operators that compiles, edits and compresses data before it is sent ''on-air,'' and the Channel Editorial Centers (CEC), a set of systems for content aggregation, packaging and branding. The solution includes the innovative Fantastic MediaSurfer, a broadcast-enabled browser residing on the client device that works on a standard Internet browser. Intel, the world's largest chip maker, is also a leading manufacturer of personal computer, networking and communications products. Additional information is available at www.intel.com/pressroom . The Fantastic Corporation was founded in February 1996 by the team who developed the first commercial data broadcasting system for PCs. Fantastic's end-to-end software solution for multimedia distribution works over satellite, cable, wireline, as well as terrestrial and other wireless networks. The Swiss American company has offices in Zug, Lugano, New York, London and Singapore. The company's home page on the World Wide Web is fantastic.ch . Note to Editors: The Fantastic Corporation is a registered trademark. Contact: Intel Corporation Thomas Frankl, (49)89-99143-937 thomas_frankl@ccm.imu.intel.com or Intel Corporation (U.S.) Lynn Heinisch, 408/765-7353 lynn_heinisch@ccm.sc.intel.com or The Fantastic Corporation Frank Ewald, +41 41 728 8888 frank.ewald@fantastic.ch or The Fantastic Corporation (U.S.) Wen Liao, 212/363-4226 wcliao@fantastic-usa.combiz.yahoo.com