Intervu [Nas:ITVU] & Entertainment Blvd [OTC BB:EBLD] enter strategic alliance....
SAN DIEGO AND MARINA DEL REY, CALIF.
(March 3) BUSINESS WIRE -Mar. 3,
1999--INTERVU Inc. (Nasdaq: ITVU), the leading service provider of Internet audio and
video delivery solutions, and Entertainment Boulevard, Inc. (www.entertainmentblvd.com)
(OTC BB: EBLD), host of music videos, movie trailers, live comedy, and sports
programming via the Internet, today announced that the two companies have entered into
an exclusive agreement whereby INTERVU will provide streaming services to
EntertainmentBlvd.com's diverse Web sites, including Vidnet, Screen Clips, ComedyNet,
and Pro Sports Net.
Known for its top-quality streaming video content, EntertainmentBlvd.com is recognized
throughout the industry for its dedication to high-quality, entertaining content and
ease-of-use. EntertainmentBlvd.com's content will soon be accessible to viewers at
speeds up to 300 Kbps via INTERVU's unique distributed network in the RealPlayer G2
format.
"As the demand for interactive content programming increases and new technology
becomes available to enable high-quality sound and visuals, EntertainmentBlvd.com is
well-positioned to be the leader in entertaining Internet subscribers directly through their
monitors," said Robin Wren, president, and Stephen Brown, CEO, Entertainment
Boulevard, Inc., in a joint statement. "We selected INTERVU for our streaming media
services because of their long-term experience in delivering multiple-format,
large-bandwidth media, at the highest possible quality, with the greatest possible ease."
INTERVU is the only Internet video delivery company with an automated network that
consists of intelligently distributed video delivery centers co-located across major
backbone providers and ISPs. This distributed network architecture allows the company
to handle very high volumes of simultaneous Internet users, while achieving minimal
delays in the delivery of first-rate video and audio to users' computers.
"We are pleased to partner with Entertainment Boulevard to bring its customers the
highest quality streaming audio and video on the market," said Ed Huguez, chief
operating officer of INTERVU. "The growth of the entertainment industry on the Internet
has been explosive. Because INTERVU is the industry leader, we offer a high level of
understanding and experience in helping our entertainment customers extend their brands
and their audiences through high-impact streaming media."
About INTERVU Inc.
INTERVU Inc. (Nasdaq: ITVU) offers powerful, turnkey solutions to deliver live and
on-demand audio and video streaming and broadband broadcasts over the Internet.
INTERVU's streaming media services are utilized for many different types of business
uses including entertainment, news reporting, corporate communications, investor
relations, and distance learning. INTERVU is the only Internet audio/video delivery
company with a patent-pending, automated network that is comprised of numerous
delivery centers strategically positioned around the United States and Europe. This
distributed network architecture allows the company to handle very high volumes of
simultaneous Internet users, while ensuring first-rate delivery of video and audio to users'
computers. INTERVU works with leading entertainment, news and technology companies,
including American Interactive Media (OTC:AIME), CNN (NYSE: TWX), DVD EXPRESS,
DoubleClick (Nasdaq: DCLK), Excite (Nasdaq: XCIT) / At Home (Nasdaq: ATHM), Intel
(Nasdaq: INTC), Lycos (Nasdaq: LCOS), Moviefone (Nasdaq: MOFN) / AOL (Nasdaq:
NYSE:AOL), NBC (NYSE: GE), MSNBC, Major League Baseball, Microsoft (Nasdaq:
MSFT), OnRadio, VideoSeeker, and Yahoo! (Nasdaq: YHOO). Additional information can
be found at www.intervu.net.
About Entertainment Boulevard, Inc.
Entertainment Boulevard, Inc. (NASD OTC: EBLD), was founded in 1997 by former music
industry executives, Stephen Brown and Robin Wren. The firm's flagship site, Vidnet, is
the most comprehensive interactive music video channel on the Web. The Los
Angeles-based firm's mandate of Internet global expansion includes the launch of new
Web sites under the umbrella of EntertainmentBlvd.com. The firm is also aggressively
developing and implementing strategic partnerships with key commerce and
entertainment entities including RealNetworks (Nasdaq: RNWK), Level 3 Communications
(Nasdaq: LVLT), and American Interactive Media for content, technology, and product
fulfillment. The award-winning site has consistently generated increased consumer traffic
to its network of Web sites and currently receives more than one million hits daily.
Except for the historical information contained herein, this news release contains
forward-looking statements that are subject to risks and uncertainties that might cause
actual results to differ from those foreseen, including the market acceptance for
INTERVU's specialized services, technological change and intense competition, as well
as the other risks detailed from time to time in INTERVU's SEC reports, including the
report on Form 10-K filed on March 31, 1998.
dl/sf* azs/sf
CONTACT: Entertainment Blvd.com
Investor Relations, 877/711-7788
cbioff@intergate.bc.ca
or
INTERVU Inc.
Anjeanette Steele, 619/623-8400 x134
asteele@intervu.net
KEYWORD: CALIFORNIA
URL: businesswire.com
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