BIG NEWS
PR Newswire Chooses Visual Data And Its EDnet Subsidiary To Provide Live
Worldwide Internet Broadcast Solution
PR Newswire - January 07, 1999 12:31
POMPANO BEACH, Fla., Jan. 7 /PRNewswire/ -- Visual Data Corporation
(Nasdaq: VDAT), today reported that PR Newswire, the world's largest
distributor of news releases to the media and financial community, has
expanded its partnership with Visual Data and its majority-owned
subsidiary, EDnet, Inc. (OTC Bulletin Board: DNET), to provide PR
Newswire's 33,000 customers with live audio and video event broadcast
capabilities via the Internet.
(See the Video News Wire version of this announcement directly on the
Internet at videonewswire.com )
"Visual Data's worldwide network of professional camera crews, combined with EDnet's worldwide high speed data networks, will provide PR Newswire's clients with a cost-effective real time broadcasting solution that can be deployed on short notice and reach millions of viewers," said Randy Selman, President and CEO for Visual Data. "Ultimately, it will provide their clients with a start-to-finish set of solutions for their audio and video creation, broadcast and distribution needs."
Visual Data is already PR Newswire's exclusive provider of its Video
News Wire service. EDnet's experience in high speed telecommunications
has made it the leading audio company in the motion picture industry.
Recent productions using EDnet's services include James Cameron's
"Titanic," Steven Speilberg's "Saving Private Ryan," Pixar's "A Bug's
Life" and Disney's "Mulan," to name a few. Other clients include Capitol
Records, Sony Entertainment and the Family Channel.
EDnet's Chief Technical Engineer, Tom Scott, a five-time Academy Award
winner, stated, "As a result of this partnership, we will be providing
PR Newswire's clients with the same type of high end communications
services once available only to our Hollywood clients. As importantly,
it is now available at a fraction of the cost they would have previously had to pay. Working together as a team, PR Newswire, Visual Data and EDnet have the unique ability to provide an end-to-end audio and video solution, from original creation to transmission, storing and serving."
PR Newswire is the world leader in the electronic distribution of
full-text news releases to the media and financial community. With 28
bureaus across the United States and five overseas bureaus in Frankfurt, Sao Paulo, Paris, Hong Kong and London, PRN serves the news release needs of public relations and investor relations professionals
worldwide.
EDnet is a systems integrator and network service provider, specializing in the transmission of high-quality digitized audio and video over wide area networks (WAN) as well as providing both live audio and live video broadcasting worldwide via the Internet.
Visual Data Corporation, founded in 1993, specializes in the production, marketing and distribution of full-motion visual information via the Internet and various media including interactive television. The Company develops full-motion video libraries containing short concise vignettes relating to various topics, including travel, education, business, health, fitness, medicine and consumer products.
This press release contains forward-looking statements which involve
numerous risks and uncertainties. Actual results, performance or
achievements could differ materially from those anticipated in such
forward-looking statements as a result of certain factors, including
those set forth in the Company's filings with the Securities and
Exchange Commission.
SOURCE Visual Data Corporation
If memory serves me VDAT owns a 51% stake in EDNET: looks like a win/win for VDAT and from a prior post
Video news clips from PR Newswire members will be available on NBC's multimedia web site soon, PR Newswire announced today.
PRN.NewsReel allows PRN members to showcase their news in compelling
streaming video on the Internet. These multimedia clips will be
accessible and searchable from NBC's VideoSeeker (
videoseeker.com) later this year. VideoSeeker, the Internet's leading on-demand video service, supports low and high-speed connection rates and all leading video formats.
"Partnering with VideoSeeker delivers our clients' high quality videos
to more points on the Internet than ever before," said Ira Krawitz,
PRN's vice president of marketing. "As more journalists and consumers
turn to the Internet for information, these video clips will become more important and will need to be highly accessible."
PRN Members can choose to digitize existing video, shoot new footage,
develop animated charts and graphs or have professional announcers. The line of PRN.Newsreel products includes Video News Wire, PRN Video Clips, PRN Photos, PRN Corporate Profiles and Live Events.
PRN now joins other new VideoSeeker partners including MSNBC News, CNBC Dow Jones Business Video, Film Scouts, and ComedyNet.
"We're proud that PR Newswire has teamed with VideoSeeker to provide a wider reach for their clients," said Todd Harris, director of creative development for NBC Interactive and general manager for VideoSeeker. "With this new alliance, we continue to expand the video content available to our users."
The PRN.NewsReel clips are created in conjunction with Visual Data Corp. (Nasdaq: VDAT), using state-of-the-art production facilities. Many large and mid-sized companies are using the service, including Chrysler Corporation (NYSE: DCX), Delta Airlines (NYSE: DAL), H.J. Heinz Company (NYSE: HNZ), McDonald's Corporation (NYSE: MCD), Yahoo (Nasdaq: YHOO) and Warner Brothers. In addition, organizations such as Leukemia Society of America, National Wildlife Foundation, and Guiding Eyes for the Blind, have started using the service.
Enhanced news releases are currently available through PRN's many web
sites, including the PRN Press Room, a free web site for journalists. In addition, links to the videos are sent with the news release to 330
major online databases such as Yahoo!, News Alert, CNN Custom News and
Quote.com.
Content on VideoSeeker is organized through directory-style channels to help users navigate the site quickly and efficiently. These newly
created channels feature a wide range of video and links for television, music, movies, news, business, shopping, technology, and sports & adventure.
PR Newswire, prnewswire.com, is the world leader in the
electronic distribution of full-text news releases to the media and
financial community. With 28 bureaus across the United States and five
overseas bureaus in Frankfurt, Sao Paulo, Paris, Hong Kong and London,
PRN serves the news release needs of public relations and investor
relations professionals worldwide.
SOURCE PR Newswire and NBC
take a look at 3 month chart
quicken.excite.com
Regards
Norden
prgraphics I am still here too:) |
