TNCX gets IVoD contract .....
Monday March 16, 7:15 am Eastern Time
Company Press Release
SOURCE: The Network Connection, Inc.
Star Cruises Selects Network Connection's CruiseView(R) Advanced Interactive Television System for Cruise Ships
ATLANTA, March 16 /PRNewswire/ -- The Network Connection, Inc. (TNCi) (Nasdaq: TNCX - news) announced today a definitive agreement, previously announced in December 1997 as a letter of intent valued at $4-6 million, for the purchase, installation and maintenance services for CruiseView, TNCi's advanced interactive television entertainment and information system (ITV), on Star Cruises vessels.
Terms of the agreement were not announced.
Star Cruises, controlled by Genting International, commands the youngest and most modern cruise ship fleet in the world and the largest fleet in Asia with six vessels. Star will become the fourth largest cruise ship operator in the world after taking delivery of its additional two largest vessels currently under construction, the SuperStar Leo and the SuperStar Virgo.
CruiseView will be installed on the SuperStar Leo and SuperStar Virgo; 2,800 passenger and 1,000 crew vessels with 1,500 cabins that are being constructed at the Meyer-Werft shipyard in Germany. The ships are scheduled for completion in August of 1998 and mid-1999, respectively. Upon completion of the SuperStar Leo, it is expected that other remaining vessels will be released for CruiseView installation. The SuperStar Leo will be utilized for guest lodging at port during the Summer Olympics held in Sydney, Australia in 2000.
The CruiseView all-digital system will utilize an ATM fibre and ethernet network with IP Multicast and Internet Group Management Protocol (IGMP) routing to support up to thirty-two (32) live-feed, closed-circuit and satellite-based digital television programs in addition to personal interactive entertainment and video/audio on demand, shopping, multi-player games, gambling, shore excursion/event booking, karaoke and Internet access all simultaneously, independently and with full user control via a wireless television remote control in each cabin. CruiseView will also provide crew interactive training at the same time.
According to Star Cruises, TNCi was selected for their innovative technological leadership and diversity with proven standards-based products that will allow Star flexibility and ease of support for a complete high-bandwidth shipboard information and entertainment network for both passenger and operational crew services.
''The CruiseView all-digital system is the most technologically advanced information and entertainment system in the cruise industry today. Star Cruises has the vision and understanding of the overwhelming benefits of applying proven standards-based advanced LAN technology for both information and entertainment needs on their vessels. We are delighted to be working with such a forward-thinking company who understands the advantages in applying proven interactive technology to improve crew productivity and deliver the highest quality of service and entertainment to their guests,'' said Wil Riner, TNCi Chairman and CEO.
TNCi designs, manufactures and distributes the Cheetah(R) family of video server platforms that enable the storage and delivery of up to 700 hours of digital video/audio data to up to 300 simultaneous video/audio users over local area networks. Cheetah(R) servers are used to bring interactive, on-demand, full-motion video training, education and entertainment to the networked client computers, in the corporate, home, educational and cruise ship (CruiseView(TM)), aircraft (AirView(R)), train (TrainView(R)) and hotel (InnView(R)) travel related entertainment and transport environments.
Statements in this press release that are not descriptions of historical facts may be forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties, including economic, competitive and technological factors affecting the Company's operations, markets, products, services and prices, the failure to execute further definitive orders on favorable terms or at all for the program identified above, as well as other specific factors discussed in the Company's filings with the Securities and Exchange Commission.
SOURCE: The Network Connection, Inc. |