NEWS: The DVB hardware and OVS driver are GENROCO'S. "BIG announcement" for Genroco "coming this week" --------------- Advanced Broadcast Offering Companies Collaborate on Worldwide Initiative for Digital Video Broadcast And Residential Interactive TV Market - First Product Demonstration At International Broadcasters Conference REDWOOD SHORES, Calif., Sept. 9 /PRNewswire/ -- Oracle Corp. (Nasdaq: ORCL) and Silicon Graphics, Inc. (NYSE: SGI) today announced a cooperative development and marketing arrangement expanding Oracle's advanced broadcast offerings with a worldwide initiative to deliver a Digital Video Broadcast (DVB) and residential interactive digital TV solution. This agreement creates a powerful union between two leading digital television providers with the expertise to deliver a breakthrough market solution. Accordingly, the Silicon Graphics(R) Origin(TM) video computing platform is being used as a base development platform for the Oracle(R) Video Server software and will be a key delivery platform for the overall solution. This represents the first major development resulting from the joint Strategic Business Unit (SBU) that was established by the two companies in June. The mission of the SBU is to develop and market synergistic hardware and software solutions. Having gained valuable knowledge as the technology pioneers behind earlier interactive television trials, Oracle and Silicon Graphics are designing this video streaming solution based on advances made in computer system bandwidth, scalability and cost reductions. The total solution set is slated to tie together Oracle's relational database, video serving software, subscriber management and billing services and software integration capabilities with Silicon Graphics' growth-accommodating ccNUMA architecture and hardware systems integrator network. Oracle Video Server will be exhibited at the International Broadcasters Conference, being held from September 11-15, 1998, in Amsterdam, The Netherlands. System demonstrations are to be held in Oracle's booth (#136 in Hall #1), where the video serving software will pair with a Silicon Graphics Origin2000(TM) server to show DVB-compliant output of multiplexed MPEG streams for near-video-on-demand and pay-per-view applications. Thereafter, the system will be on display at Oracle demonstration centers in Redwood Shores, Calif., Reading, England and Singapore. "Silicon Graphics was selected by Oracle because of the company's leading position in the broadcast and entertainment industries," said Gary Bloom, executive vice president, System Products at Oracle. "Origin servers provide the bandwidth and scalability to cost-effectively address large-scale interactive television projects." "We are focused on working with world-class companies that have complementary goals," said Richard (Rick) E. Belluzzo, chairman and chief executive officer, Silicon Graphics. "Oracle's strengths in transaction-based television and software integration services will significantly leverage our digital media server strategy. Together, we expect to deliver a host of new solutions to the exciting interactive digital television market." Independent of one another, Oracle and Silicon Graphics have already won large video serving technology contracts in Asia and Europe. Proliferating consumer demand in those markets, growing anticipation in the United States and the opportunity to work with media companies worldwide to shape digital interactive television are the forces propelling this Oracle/Silicon Graphics collaborative effort. While Oracle Video Server is aimed at the residential market, Silicon Graphics will continue to concentrate on the media streaming needs of corporate intranet users with its highly successful WebForce(R) MediaBase product. Core WebForce MediaBase markets include education, government and entertainment production where Silicon Graphics is a front-running provider of learning-on-demand, video archiving and Webcasting solutions. About Oracle Video Server The Oracle Video Server, with other Oracle products and services, is an end-to-end video solution used in the broadcast and interactive television markets providing telephone companies, broadcasters and cable TV operators a safe, reliable, step-by-step approach towards realizing new revenue through broadcast digital television services. In addition, Oracle Video Server offers practical, cost-effective transition from analog to digital while meeting broadcasters and cable TV operators' need for reliability, speed and quality. The recently released Oracle Video Server 3.0 includes mission-critical features such as real-time video feeds and real-time encoding, increased scalability, logical content management, a broadcast scheduler for near-video-on-demand services and VCR functionality. About Origin Video Computing Platform The Origin video computing platform-optimized for broadcasters and digital production studios-is a combination of Silicon Graphics Origin servers, digital video options, software environments for digital asset management and media distribution and third-party solutions. The platform is an open, highly scalable and powerful set of products that support a wide range ofapplications. The discussion in this news release of a cooperative development and marketing agreement between Oracle Corp. and Silicon Graphics contains forward-looking statements that involve risks and uncertainties, including the impact of competitive products and pricing, the efforts of third parties in developing, supporting and promoting their products, and the other risks detailed from time to time in Oracle's SEC reports, including the report on Form 10-K405 for the year ended July 22, 1998, and in Silicon Graphics' SEC reports, including the report on Form 10-Q for the quarter ended March 30, 1998. Actual results may vary materially. Silicon Graphics, Inc. is a leading supplier of visual computing and high-performance systems. The company offers the broadest range of products in the industry-from low-end desktop workstations to servers and high-end supercomputers. Key industries include communications, energy, entertainment, government, manufacturing and sciences. Silicon Graphics and its subsidiaries have offices throughout the world and corporate headquarters in Mountain View, California. Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of $7.1 billion, the company offers its database, application server, tools and application products along with related consulting, education and support services, in more than 140 countries around the world. For more information about Oracle, call 650-506-7000. Oracle's World Wide Web address is (URL) oracle.com. NOTE: Oracle is a registered trademark of Oracle Corporation. Silicon Graphics, the Silicon Graphics logo and WebFORCE are registered trademarks, and Origin and Origin2000 are trademarks, of Silicon Graphics, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.SOURCE Oracle Corp. |