Jeff
"NBC vs UNEWY?? Might their be another player delaying/preventing UNEWY announcement?" I have heard so many rumors re. companies interested in Vdat's production capabilities for live and stored video that it may well be that the company is taking a go slow approach before selling any of its shares to one of these suitors. I think UNEWY both historically ie presence on the net and recent focus on tv and video on the net see recent announcements from UNEWY and the close relationship between prnews a subsidiary of UNEWY a global news and multimedia Co. makes the most sense......which probably means it is not them:))
Visual Data and PR Newswire Extend Exclusive Agreement For Video News
Wire™
Video News Wire™ Being Warmly Received by Wide Range of Companies and
Organizations
POMPANO BEACH, FL, October 26, 1998-- -- Visual Data Corporation
(Nasdaq: VDAT) today announced that it and PR Newswire have agreed to
extend their exclusive marketing agreement to September 30, 2000.
Visual Data noted that since its introduction, Video News Wire™ has been warmly received by a wide range of companies and organizations, both large and small. Included among the list of major corporations that have already used the service are Baxter Healthcare, Chrysler Corporation, Delta Airlines, H.J. Heinz Company, McDonald's Corporation 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.
"What companies and organizations are quickly recognizing," said Mr.
Randy Selman, President and CEO of Visual Data, "is that Video News
Wire™ represents one of the most powerful ways to introduce products and services and make important announcements. Standard written news release announcements are enhanced to include a broadcast quality, television news-like video clip that stays electronically attached to the news release and can be viewed from nearly any Internet location where the news release itself is available. With prices starting at about $700, this clearly represents one of the most economical and efficient ways to tap into the growing power of the Internet as a mainstream media channel."
Visitors to the Internet are able to view and hear the Video News Wire™ multimedia clips though the use of a standard Web browser and the RealVideo player plug-in, which is readily available for easy and free download. These enhanced news releases may be viewed from nearly
anywhere the news release itself can be accessed, including the home
pages of PR Newswire's award-winning main site
(http://www.prnewswire.com) and its new global marketing site
(http://www.printernational.com), as well as from the Video News Wire™
Web site (http://www.videonewswire.com).
"Now that they have seen the product in action, our customers are
showing an increasing level of interest in using Video News Wire™," said John M. Williams, Senior Vice President of PR Newswire. "That we decided to extend the term of this agreement reflects both our expectation of increasing demand, as well as our extreme satisfaction with the superb job Visual Data has done in working with our clients to create a visually alluring, professionally crafted end product."
In addition to final production of a video news release, Video News
Wire™ uses Visual Data's network of 300 plus international camera crews to produce additional components, including on-location shooting of facilities and/or products, as well as the taping of press conferences, annual meetings and management interviews and statements.
PR Newswire has been transmitting full-text news releases to the media
and financial community for more than four decades and is the preferred method of disclosure by public companies. Headquartered in New York, PRN has 27 bureaus nationwide as well as international bureaus in London, São Paulo, Frankfurt and Hong Kong. It has pioneered the use of the Internet to increase the visibility of its members.Visual Data Corporation, founded in 1993, specializes in the production, marketing and distribution of full-motion visual information on various media, including digital video discs, the Internet, other on-line services and, eventually, 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.
BTW I have heard that AOL and the weaather channel plan to announce a jv. AOL looking for content would also make an excellent equity partner for its content!! Talk about a large audience for your product. I can see it now next to net to phones icon another for video on demand from vdat:))
Visual Data Corporation and The Weather Channel(R) Sign Agreement
Current Weather Information to be Added to HotelView's Web Site
POMPANO BEACH, Fla., March 16 /PRNewswire/ -- Visual Data Corporation (Nasdaq: VDAT), a leading producer and distributor of video and audio programming for the Internet, today announced that it has signed an agreement with The Weather Channel. The agreement places current local weather information directly on HotelView's individual hotel and resort property web pages for all of its client properties. The agreement also calls for direct links from The Weather Channel's Weather.com web site, which averages over 115 million page views each month, to the HotelView.com web site.
Visitors to individual property pages within HotelView's web site, hotelview.com, will now see up-to-date weather information, supplied on a real-time basis by Weather.com, for the local and regional area where each particular client property is located.
Visual Data's HotelView subsidiary produces high-quality hotel video tours for the Internet that can be accessed from its member hotel sites, the HotelView site, or through a distribution network of more than 650 travel, leisure and business web links.
"This enhancement to the HotelView web site represents a way to further entice potential travelers to immediately book a room at one of our member properties," said HotelView General Manager David Chestler. "In addition to the allure of our on-line, full-motion video tours, site users now can see the kind of exact weather information that may convince them that conditions are going to be just right to visit a particular hotel and city. Imagine being able to verify that a particular ski resort is the right one for you, and the snow conditions are perfect as well. Or, that the weather in a city you've always wanted to visit is perfect for a serious sightseeing trip and the hotel being considered is centrally located and has the amenities you require."
"This certainly creates another compelling reason for more hotels and resorts to become HotelView clients," added Randy Selman, President of Visual Data. "In addition, our relationship with The Weather Channel is expected to create yet another important avenue through which potential travelers can reach the HotelView web site and utilize our industry leading video library. We are also hopeful that our new partnership with Weather.com will result in the development of additional joint projects, including video products that dovetail with their own unique blend of broadcast, Internet and interactive service offerings."
"Weather.com is excited to provide timely and local weather information to HotelView's site," said Todd Walrath, senior vice president of Online Services. "It's a great way to prepare people traveling for work or leisure with the latest weather information on what to pack and how to plan their activities."
The Weather Channel, based in Atlanta, is the nation's premier provider of weather information. As the only 24-hour national weather network, The Weather Channel can be seen in over 72 million homes nationwide.
The Weather Channel Web site, located at www.weather.com, is the leading weather provider on the Web and offers current conditions and forecasts for over 40,000 locations worldwide as well as local radar, satellite, and special lifestyle features. Weather.com averages over 115 million page views every month, and is consistently ranked as the top single content news site by Media Metrix. The Weather Channel provides weather-related products and services to several leading edge on-line organizations, including: CompuServe, iVillage, MindSpring, AOL's Digital City, MiningCo.com, and LookSmart among others.
In addition to its cable network, The Weather Channel offers 1-900-WEATHER, its interactive telephone service, which supplies weather forecasts for radio and newspapers, and provides free resources to educators. The Weather Channel is owned by Landmark Communications, a Norfolk, Va.-based privately held media company with global interests.
Visual Data Corporation, founded in 1993, specializes in the production, marketing, and distribution of full-motion visual information via the Internet and interactive television. The company develops full-motion video libraries relating to various topics, including, travel, business, health, fitness, education, medicine and consumer products. Additional information can be found at www.vdat.com.
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
CO: Visual Data Corporation; The Weather Channel; Landmark Communications
ST: Florida, Virginia, Georgia
IN: MLM ENV ENT
SU: CON
03/16/99 08:32 EST prnewswire.com
Regards
Norden |
