Internet photography leader in agreement with RealNetworks
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INTERACTIVE PICTURES TO DELIVER IMMERSIVE MULTIMEDIA FOR THE INT
Business Wire April 15, 1999, 2:28 p.m. PT ernet Based On RealNetworks' RealSystems G2
Business Editors and High Tech Writers
SAN JOSE, Calif. / OAK RIDGE, Tenn.--(BUSINESS WIRE)--April 15, 1999--
IPIX To Enhance Next
Generation Streaming Media;
Enables Web Developers to
Create "Sticky Content"
Interactive Pictures Corporation (www.ipix.com), the leader in photography for the Internet, today announced an agreement with RealNetworks, Inc. (NASDAQ: RNWK).
The agreement grants IPIX distribution and licensing rights to develop and distribute IPIX(TM) images via RealNetworks RealSystem(TM) G2. RealSystem G2 is the next generation streaming media delivery system that includes features designed to enable high quality, reliable and scalable streaming media for the Internet and other networks. Interactive Pictures' IPIX technology creates images that reproduce a view like we see the world, in 360x360 degrees, allowing people to "teleport" themselves "inside" a multi-dimensional, 360-degree-by-360-degree image. A key differentiator of the most visited online sites is the interactivity provided to site visitors. Typically, the more information provided, the more likely a Web surfer will stay or visit.
Commercial Web site developers and Webmasters have recently turned their attention towards the integration and increased use of "sticky" content. To be "sticky," a site must contain material which has a strong grasp on its visitors. A 1998 Forrester Research report which explored how online consumers discover Web sites and what drives them to return, concluded that content was the most important factor by far-driving 75 percent of consumers to return to favorite sites. Savvy companies are realizing that by adding "rich" or "sticky" multimedia content such as IPIX not only draws Web users to their site, but also retains the user on the site for an increased period of time.
"With the mass adoption of IPIX photography by leading Internet sites, IPIX images have become a new media type on the Internet. Just as RealNetworks has enabled the broad distribution of streaming audio and video on the Web, the integration of IPIX with RealSystem G2 will usher in a new generation of immersive multimedia," said Jim Phillips, chairman and CEO of Interactive Pictures. "IPIX and our next generation technology will leverage the streaming media functions provided by RealNetworks to deliver compelling and easily-viewed content."
IPIX immersive images, when combined with RealSystem G2, provides web surfers with a more robust and interactive experience while providing companies the measurable feedback they need to monitor and drive business and advertising on their sites. IPIX technology is helping to create a more interactive feel for digital images benefiting both businesses as well as the growing number of "Web-sumers" taking advantage of on-line commerce options. RealSystem G2's plug-in architecture enables developers to create entirely new media types that are accessible through RealPlayer. Individual Web users and consumers need only download the standard RealPlayer to interact with IPIX images, complete with audio and motion. No additional plug-in is needed.
"Consumers today are looking for enhanced, interactive media experiences," said Pete Zaballos, director of systems marketing for RealNetworks, Inc. "Using IPIX technology, our customers will be able to navigate through live and on-demand immersive images and video."
Interactive Pictures, the market leader in Internet photography, is highlighting the strengths of not only its core expertise-immersive, self-navigating IPIX images, but also its second area of business -- real time video capture and navigation. The end result is live or re-broadcast coverage that is independently and simultaneously navigable by every end user.
"Many of the leading Internet sites utilize RealNetworks' technology and IPIX content to create compelling and easy to view "sticky" web sites. Combining these two technologies into a single steaming application greatly simplifies and enhances the Internet experience for Web surfers," said Kristy Holch, Principal, InfoTrends Research Group in Boston, Mass.
True interactivity is delivered today by leading web sites such as Microsoft, Hilton Hotels, Rent.Net, Coldwell Banker, the NFL, Carnival Cruise Lines, Disney, National Geographic, and Discovery. Interactive Pictures' efforts, to be complemented by developments with RealNetworks, are driving web traffic today with "sticky" content.
"Interactive Pictures and RealNetworks are leaders in providing multimedia-rich content for top web sites. The integration of these two powerful content enablers will provide a richer, simpler, and more interactive experience for the Discovery Online viewer," said Andrew Sharpless, senior vice president, Discovery Communications. "We foresee incredible stories and experiences being told through the use of IPIX and RealNetworks' interactive technologies."
About Interactive Pictures
Interactive Pictures Corporation has reinvented photography for businesses and consumers through its patented IPIX technology. With technology originally developed on behalf of NASA and the U.S. Department of Energy as a means to provide total remote viewing of hazardous environments such as outer space, an IPIX image places viewers in the center of a picture, and allows them to navigate the environment in real time as if they were teleported into that space. IPIX technology is the only easy to use and affordable photography solution to deliver a completely immersive 360(degree) x 360(degree) photographic experience providing interactive, spherical images. An IPIX image takes the viewer from earth to sky, floor to ceiling and horizon to horizon, all from two simple opposing photographs captured by a fisheye lens and seamlessly blended together.
Interactive Pictures has helped numerous organizations create virtual tours and redefine digital marketing/electronic commerce efforts for thousands of leading companies including Microsoft, AOL, Disney, Hilton Hotels, Toyota, Intel, National Geographic, Lufthansa, Rent.Net, Coldwell Banker, CNN, the New York Times, the Chicago Tribune, Discovery Communications, the NFL and the NBA. Interactive Pictures maintains corporate headquarters in Oak Ridge, Tenn. and San Jose, Calif. Experience IPIX images and learn more about Interactive Pictures at www.ipix.com.
Note to Editors: Interactive Pictures, IPIX and V360 are trademarks of Interactive Pictures Corporation. All other trademarks and registered trademarks are the property of their respective owners.
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