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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Olds who wrote (6489)3/25/1999 7:53:00 AM
From: scrooge  Respond to of 17679
 
thanks for the spice - it arrived yesterday - looking forward to using it - will let you know -

As to business (AXC)- it's getting crowded in this field - found this elsewhere

Tuesday March 23, 9:53 am Eastern Time
Company Press Release
PICK Communications Forms New Subsidiary - PICK ONLINE.COM
WAYNE, N.J.--(BUSINESS WIRE)--March 23, 1999--PICK Communications Corp. (''PICK'') (OTCBB:PICK - news) announced today the formation of a new subsidiary, PICK ONLINE.COM INC. The new company will be an innovative aggregator and delivery provider of audio and video streaming content to what it calls the ''Edge of the Internet''.
Diego Leiva, Chairman and President of PICK, said ''PICK ONLINE.COM will offer radio and TV stations a unique ability to reach an audience in the manner IP Multicasting was intended to, but in a more effective and economical way. We are very excited about the next generation solution to delivering audio and video streaming to Internet Service Providers (ISP) and to Broadband Networks including Cable Modem and Asynchronous Digital Service Line (ADSL) service providers.''
Mr. Leiva added, ''Microsoft has been a critical partner in the development of the PICKSat platform and PICK ONLINE.COM. Their contributions have included integration of Microsoft Windows NT, Microsoft Commercial Internet Server (MCIS) and the Windows Media Technology onto our platform.''
Raul Alarcon, Sr., who is Chairman of the Board for the Spanish Broadcasting System and who owns stations all over the United States and Puerto Rico, commented, ''We are the first radio stations to be broadcast in this innovative method. PICK ONLINE has shown us how multicasting via satellite will soon deliver our signals to more listeners via the Internet than ever before possible.'