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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: nord who wrote (2147)2/21/1999 3:13:00 PM
From: nord  Read Replies (1) | Respond to of 30916
 

It just occurred to me that 3 critical facts have been given in the
above dd background research I have done.

1) a time frame for rollout of video content from
VDAT/EDNET/PRNEWS/United News and Media has been tentatively set.

During the first half of 1999, a new compression standard (MPEG-4) will be available for consumer use that will not only provide
"TV-like"quality at speeds above 56K but will also improve the video
quality on even slower speed modems. This new technology is expected to boost consumer demand for video content. We believe the Company will be positioned to offer its production, marketing, and distribution services to all businesses looking to enrich their presence on the Internet.

 

2) The relationship has been defined between Video News Wire (VDAT) and PR Newswire and PR Newswire (United News and Media)

Video News Wire and PR Newswire (United News and Media)
have a mutually exclusive agreement covering the production and global
marketing of Video News Wire's products. PR Newswire has been
transmitting full-text corporate news releases for more than four
decades and is the preferred method of disclosure by public companies.
Headquartered in New York, PR Newswire has approximately 130 salespeople and 27 bureaus nationwide as well as an office in London,

3) the size of this market has been projected for production
expectations ie does not include storage or broadcast over lan/wan on
demand or live. handling approximately 300,000 press releases for
approximately 33,000 business clients annually (pr news). We estimate
that two-thirds of these press releases are applicable to the Video News Wire service (VDAT). [this is for only one segment of vdat business and content: the business and news segment]

Regards
Norden