Lucent and Compaq Join With Agora Interactive to Reengerize the $22 Billion Pay-Per-Use Entertainment Market
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jan. 20, 1999--Lucent Technologies, Compaq Computer Corporation [NYSE:CPQ - news], and Agora Interactive have joined together to produce the delivery system for the next wave of high-speed internet network services bringing E-Commerce and interactive entertainment to the public venue. Agora Interactive is planning on being the first to tackle head-on the coin-operated amusement industry traditionally devoted to non-PC based platforms.
Agora Interactive, using technology from Lucent and Compaq, has produced the first full-service, full-feature PC-platform for delivering arcade quality video games, video conferencing, Internet access, full motion video advertising, telemarketing, coupon vending/tracking, and the on-line sale of merchandise. This system promises to bring full E-commerce to the public regardless of location, faster and more reliably than home systems are capable of providing. While home PCs average $700 and operate on a $20 internet connection, the new system will operate on a state-of-the-art Compaq PC and be linked at roughly 50 times more power than the standard 28.8Kbit home connection.
Lucent Technologies plans to integrate its industry-leading LCV(TM) (''Lucent Collaborative Video'') platform to provide unprecedented low bandwidth, low cost, high broadcast quality IP desktop platform providing up to 16 independent video windows without the need for a prohibitively expensive multi-control unit. Combined with Compaq systems, the synergy of these companies have produced the first true example of the next generation in public-access internet platforms.
For two years Compaq, Intel, and Microsoft have spearheaded development of PC-based strategies to consume the pay-per-use amusement industry, a $22 billion business. Rising to the occasion, Lucent, Bell Labs, and Agora Interactive have devoted significant resources to produce a machine to do this. Jim Newton, head of Compaq's Enterprise Project Management, has been very clear about the fact Agora is leading the way above all others in this field. Using a proprietary mix of Compaq technology, Lucent LCV(TM), and Agora's own technological alchemy, the new system promises to be the first in a new age of public access to E-Commerce and on-line services.
An exclusive demonstration of this technology may be arranged this week. For more information, contact Howard Rubin or Andrew J. Prell of Agora Interactive, Inc., at 502/585-5466 or 847/778-9341 or Robert Connaghan of Bell Labs at 732/949-1048. Private media demonstrations are planned for Tuesday through Friday, January 19th through 22nd, at Bell Labs' Multimedia Communication Research Department in Holmdel, New Jersey.
Lucent Technologies, headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Bell Labs is the research and development arm for the company. For more information on Lucent Technologies' LCV(TM), visit the web site at multimedia.bell-labs.com.
Agora Interactive, located in Louisville, Kentucky, designs, builds, and maintains the delivery mechanism for E-Commerce and Games to the public, including first-run PC games to the arcade venue. For more information on Agora Interactive, visit the web site at agorainteractive.com. |