To: BillyG who wrote (36353 ) 9/30/1998 5:24:00 PM From: John Rieman Respond to of 50808
Time-Warner picks Seachange for a VOD trial.......................infoseek.com Time Warner Selects SeaChange MediaCluster Video Server System to Test VOD 12:44 p.m. Sep 30, 1998 Eastern MAYNARD, Mass., Sept. 30 /PRNewswire/ -- After extensive engineering review, Time Warner Cable has chosen SeaChange International, Inc. (Nasdaq: SEAC) as the first video server vendor for its Pegasus video-on- demand (VOD) test. According to their Memorandum of Understanding (MOU), Time Warner will test the SeaChange MediaCluster video server and interactive television software in its first site to deliver VOD to cable viewers at an undisclosed system. Further terms of the MOU have not been disclosed. Working in conjunction with Scientific Atlanta's Explorer 2000 digital set-top boxes, SeaChange video server systems will provide Time Warner viewers with the ability to personally select movies and other programming. VCR functionality enables viewers to watch what they want, when they want it, with rewind, pause and fast-forward capabilities. "Time Warner is using its broadband expertise to change the way we watch television and SeaChange is proud to embark with them on this exciting application," said Bill Styslinger, president and CEO, SeaChange International, Inc. SeaChange's unique approach to video server technology dramatically reduces storage requirements while guaranteeing the availability of video to television viewers in large populations. Founded in 1993, SeaChange International, Inc., of Maynard, Mass. (www.schange.com), develops video server systems and software to manage, store and distribute digital video for television operators and telecommunications companies. The Company's turnkey systems automate the distribution of short- and long-form MPEG video streams including advertisements, movies, news updates and other video programming requiring precise, accurate and continuous execution. SeaChange's products are installed in hundreds of geographic markets and serve approximately 15,000 television channels worldwide. Time Warner Cable owns and manages the world's most advanced, best clustered cable television operations, with 80 percent of its 12 million customers in systems of 100,000 subscribers or more. It is a division of Time Warner Entertainment. MediaCluster is a registered trademark of SeaChange International, Inc. Explorer is a registered trademark of Scientific-Atlanta, Inc. All rights reserved. SOURCE SeaChange International, Inc. Copyright 1998, PR Newswire