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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: The Osprey who wrote (6240)	3/26/1999 10:52:00 AM
From: spy hard	Respond to of 9115

SPDE NEWS stock is flying, huge volume 03/26 08:14 SPEEDUS.COM Network Upgrade Enables Live Internet Broadcast of Full <SPDE.O> SPEEDUS.COM Network Upgrade Enables Live Internet Broadcast of Full Motion Digital Video NEW YORK, March 26 /PRNewswire/ -- SPEEDUS.COM, Inc. (Nasdaq: SPDE) today announced that it has completed the installation of a Linux-based Internet gateway transmitter in its Network Operations Center in Brooklyn, NY. The new transmitter gives SPEEDUS.COM's network Digital Video Broadcast (DVB) capability. The DVB capability, in conjunction with the Company's dedicated fiber optic backbone, microwave relays and its fourteen fully functional Internet Broadcast Stations, gives SPEEDUS.COM the ability to broadcast to selected groups on the Internet or so called "multicast" capability. SPEEDUS.COM now has the ability to provide entertainment quality transmission of all forms of full screen, full motion video and audio to its Internet customers in New York. SPEEDUS.COM provides its SPEED(SM) super high-speed Internet service in New York. The SPEED service uses a 48 Mbps (48,000 kbps) downstream SPEED modem, which has approximately 31 times the downstream capability of a T-1 modem, 375 times the downstream capability of an ISDN 128 kbps modem and approximately 1,700 times the downstream capability of a 28.8 kbps modem. The SPEED service is delivered via Internet Broadcast Stations that are fed from the SPEEDUS.COM Network Operations Center (NOC) in the Brooklyn Army Terminal. Six Internet Broadcast Stations are located in Manhattan, six are in Brooklyn and two are in Queens. The NOC has a complete satellite downlink facility with access to international media sources and a fully equipped data center along with Cisco 7200 hardware and New Media Communication CyberStream(TM) TRX100 Linux based gateway transmitter hardware and software. The CyberStream hardware and software is compliant with Digital Video Broadcast Multi-Protocol Encapsulation (DVB/MPE) and Motion Picture Experts Group (MPEG) standards. SPEEDUS.COM is capable of delivering live video streaming at up to 32 frames per second over its Internet network. SPEEDUS.COM has initiated a SPEED pilot service and is connecting its first Internet subscribers. The SPEED service requires the purchase and installation of the SPEED modem. The SPEED modems are currently only available from the Company for $350. The Company plans to arrange financing for the cost of the SPEED modem to consumers and to increase its signal coverage area before commencing a major marketing campaign. Increased signal coverage through additional Internet Broadcast Stations is crucial to widespread availability of the SPEED service. SPEEDUS.COM, Inc. is a facilities based provider of Internet Broadband Broadcast services in Metro New York, the worlds largest telecommunications market. The Company's FCC license allows, among other things, the broadcast of its super high SPEED Internet service in the New York Metropolitan area with a population of 8.6 million people. SPEEDUS.COM also provides standard direct dial-up and ISDN service with web hosting and e-mail value-added Internet services. For additional information on the Company and its services, please visit the Company's website at speedus.com or call 718-567-4300. New Media Communication Inc. is a leading provider of high-speed Internet and data broadcasting systems. New Media is a wholly owned subsidiary of Harmonic Lightwaves. The company's CyberStream systems were developed in alliance with IBM and Rockwell Semiconductor Systems, and have been commercially deployed worldwide since 1995. Based in Tel-Aviv, Israel and San Diego, USA, New Media maintains a worldwide distribution network. For more information, please visit New Media's website at nmcfast.com. Statements contained herein that are not historical facts, including but not limited to statements about the Company's product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward- looking statements made by the Company, including, but not limited to, the continuing development of the Company's sales, marketing and support efforts. All rights reserved. SPEEDUS.COM(SM) and SPEED(SM) are service marks of SPEEDUS.COM, Inc. SOURCE SPEEDUS.COM, Inc. -0- 03/26/99 /CONTACT: SPEEDUS.COM, 718-567-4300/ /Web site: speedus.com nmcfast.com -- HSF011 -- 8762 03/26/99 07:59 EST prnewswire.com Copyright PR Newswire 1998. All rights reserved. COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED. Copyright © 1999 E*TRADE Securities, Inc. All rights reserved. Member NASD/SIPC. User Agreement. Version 1.0