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

To: Michael Olds who wrote (7627)	4/20/1999 3:45:00 PM
From: digger	Read Replies (1) \| Respond to of 17679

News April 20, 15:37 Eastern Time TV ONTHE WEB TO OFFER LIVE WEBCASTS FROM FLOOR OF NAB '99 USING BOTH RealPlayer(R) and Windows Media Player(R) Viewers at NAB'99 and Worldwide Asked to Provide Input During 'Head-to-Head' Comparison LAS VEGAS, April 20 /PRNewswire/ -- Beginning today, TV onthe WEB, a strategic partner of Ampex Corp. (Amex: AXC), will showcase the top two streaming media players -- Real Networks' RealPlayer(R) and Microsoft Corp.'s Windows Media Player(R) -- in live webcasts from the floor of the National Association of Broadcasters Convention. Viewers from around the world will have the chance to use both players to watch live webcasts from NAB, then voice their opinions about the two products on message boards at www.tvontheweb.com. Polling results will be posted in real time on the TV onthe WEB site for public view. "Our objectives in providing both players are to highlight the strengths of each product, evaluate customer service support and demonstrate the fast- moving technological advances in video Webcasting, " said Dave Gardy, chairman and co-CEO of Reston, VA-based TV onthe WEB. "In holding this competition, we're also reinforcing the unparalleled role of Webcasting in general and narrowcasting, in particular, to unite viewers throughout the world and build a sense of community based on common interests. "Besides, this is a great way for people to participate in this year's NAB, without having to be in Las Vegas or choose between either offering." TV onthe WEB is the first interactive, community-based television network on the Web. About TV onthe WEB TV onthe WEB is a pioneer in new applications in on-demand archiving and live webcasting that have evolved into the TV onthe WEB Network of Channels at www.tvontheweb.com. The network specializes in narrowcasting to specific business-to-business and special interest groups through revenue-generating TV channels underwritten by organizations well known in those niche communities. This unique approach has successfully generated revenue streams from live event, advertising, e-commerce, pay-per-view, and subscription sources, in addition to the income generated from the firm's webcasting services. In January, TV onthe WEB announced it formed a strategic partnership with Ampex Corporation ampex.com (Amex: AXC), and received an investment to finance the continued development and expansion of its network and live webcasting capability. NAB '99 BOOTH # 6228 SOURCE TV onthe WEB -------------------------------------------------------------------------------- 04/20/99 /CONTACT: Lisa Amore of TV onthe WEB, 800-966-6689 or lamore@tvontheweb.com; or Matt Hutchison of Brodeur Porter Novelli, 202-973-1374 or mhutchison@brodeur.com, for TV onthe WEB/ /Web site: ampex.com /Web site: tvontheweb.com (AXC) CO: TV onthe WEB; Ampex Corp.; National Association of Broadcasting ST: Nevada, Virginia IN: CPR ENT SU: