News
April 19, 1999 07:15
WavePhore Announces Software Suite for Internet Datacasting and Enhanced
Television at the 1999 National Association of Broadcasters Convention
The WavePhore Digital Broadcast Suite(TM) Enables Broadcasters to Create New
Revenue Opportunities
PHOENIX, April 19 /PRNewswire/ -- WavePhore, Inc. (Nasdaq: WAVO)
announced today that it will introduce a new suite of applications -- which give
broadcasters a cost-effective end-to-end solution for sending Internet data over analog
and digital broadcast systems -- at the National Association of Broadcasters (NAB)
Exhibition (April 19-22). The WavePhore Digital Broadcast Suite includes tools to
produce, schedule, manage, broadcast, receive and display digital content for
distribution via VBI, digital TV, or IP multicast. WavePhore will demonstrate the
capabilities of the system at the Las Vegas Convention Center (Skybox S-206) during
the show.
The WavePhore Digital Broadcast Suite will be available directly from WavePhore
and, as previously announced, will also be bundled with the DTV Encoding System
from General Instrument Corporation (NYSE: GIC). General Instrument is the world
leader in analog and digital systems that provide video, audio and high-speed
Internet/data services over cable and satellite TV networks. Pricing for the WavePhore
Digital Broadcast Suite begins at $49,500, depending upon the configuration and size
of the network.
The WavePhore Digital Broadcast Suite is based upon the digital data delivery system
behind WavePhore's WaveTop service. WaveTop provides users with multimedia
programming, including news, sports, investment advice, shopping, children's
programming and much more, supplied the Internet's leading content providers
including USA Today, The Wall Street Journal, The Weather Channel, Fox News,
Warner Bros. Online, CBS SportsLine and many others. The WavePhore Digital
Broadcast Suite greatly extends the market potential for WaveTop by addressing the
television set-top box market.
"We are very pleased to offer the capabilities of the WavePhore Digital Broadcast
Suite to broadcasters worldwide," said David E. Deeds, chairman, president and CEO
of WavePhore, Inc. "WavePhore has been using these tools successfully for more than
a year to operate the WaveTop service and we are confident that other information
providers will find them as valuable as we do."
Using the WavePhore Digital Broadcast Suite, broadcasters will be able to configure
their own localized digital content in addition to offering WaveTop's turnkey data
service. Now digital broadcasters and content providers can offer an array of new and
visually compelling services to their audience. Viewers will be able to access these
services from their PCs or their TVs with next generation television set-top boxes. In
addition to Internet content, broadcasters will have the ability to incorporate
ATVEF-compliant enhanced television programming into their transmissions over
terrestrial, cable, or satellite networks.
ABOUT WAVEPHORE
WavePhore, Inc. (Nasdaq: WAVO) is in the business of moving media. It partners
with the foremost providers of news, business data, Internet based content and
multimedia programming to deliver selective intelligence and quality content to an
information-dependent society. Additional information on WavePhore is available via
the Internet at www.wavephore.com.
ABOUT GENERAL INSTRUMENT
General Instrument Corporation (NYSE: GIC) is a leading worldwide provider of
integrated and interactive broadband access solutions, teaming with its business
partners to lead the convergence of the Internet, telecommunications and video
entertainment industries. Visit the General Instrument web site at www.gi.com.
Certain of the above statements regarding WavePhore constitute forward- looking
statements, which may involve risks and uncertainties. Actual results could differ
materially from such forward-looking statements as a result of a variety of factors,
including, but not limited to, technology changes, competitive developments, industry
and market acceptance of new products and services, and risk factors listed from time
to time in WavePhore's SEC filings.
SOURCE WavePhore, Inc.
/CONTACT: Media: Patrick Ford, Senior VP Marketing and Product
Development, 602-952-5500 x360, pford@wavetop.net, or Investor Relations:
Jennifer Schreier, WavePhore Investor Relations, 602-952-5500 x239,
jschreier@wavephore.com, both of WavePhore, Inc./
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 107524/
/Web site: gi.com
/Web site: wavephore.com
(WAVO GIC)
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