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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: Mazman who wrote (4846)11/7/1998 3:11:00 PM
From: gdichaz  Read Replies (1) | Respond to of 10852
 
Re the announcement on cosolidating data services posted in 4846. Frankly the sharp focus described here is fuzzy in the extreme to me. Relationships and who does what to whom make my eyes glaze over. Could some clear thinker and writer (Valueman and Bernard Levy jump to mind) please translate this stuff into plain english? Chaz



To: Mazman who wrote (4846)11/9/1998 11:05:00 AM
From: Mazman  Read Replies (2) | Respond to of 10852
 
Looks like LOR is in the movies now. Do other's interpret this as meaning the delivery of movie trailers by satellite?

regards,
mazman

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National Cinema Selects Cyberstar to Deliver In-Theater Media
Business Wire, November 9, 1998

CyberStar, L.P., a provider of broadband IP-multicast solutions created and managed by Loral Space & Communications (NYSE:LOR), today announced that National Cinema Network (NCN), the nation's premier in-theater marketing company, has selected CyberStar to implement new technology that will deliver in-theater media to its nationwide cinema network.

CyberStar's commercial service will use Loral Skynet-operated satellites for video and data delivery. The service is affordably priced and enables users to reliably transfer large data, audio and video files that have been expensive or cumbersome to send using traditional methods of transport. Content can be sent directly to a Windows NT(TM) based server, lowering telecommunications costs. "CyberStar's digital broadcast/multicast technology will enable NCN to facilitate more rapid and dynamic updates of entertainment and advertising media, and set the stage for future in-theater applications," said Shawn Whitcomb, Vice President of Information Services at NCN. "CyberStar is ideal for organizations, such as NCN, which either have multiple geographically dispersed or remote locations, large mobile workforces, or the need to routinely deliver large data files to numerous locations simultaneously," said Chris Dittmer, CyberStar's Vice President of Worldwide Marketing and Business Development.