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To: SirVinny who wrote (27319)	4/27/1999 6:56:00 PM
From: songw	Respond to of 37507

OBJX 3s + MSFT for WIN CE Streaming Microsoft to Acquire Interactive Objects Digital Audio Technology, Signs Contract for Ongoing Windows CE Development Interactive Objects (OTC BB:OBJX) today announces Microsoft Corp.'s purchase of the company's digital audio player technology and the signing of a contract with Microsoft to develop additional streaming technology for the Windows CE operating system. Interactive Objects' exceptional player provides the first stereo playback software for the Palm-size PC market, supporting Microsoft's new Windows Media Technologies 4.0 platform. The value of the combined purchase and contract agreement provides significant revenue for Interactive Objects. Under the terms of the contract, Microsoft assumes ownership of Interactive Objects' media player technology. Interactive Objects' technology provides the first digital audio player supporting Microsoft's Windows Media file format for the Palm-size PC operating system, Windows CE. With almost twice the compression of MP3 yielding half the file size, Windows Media 4.0 effectively doubles the storage capacity of music files on Windows CE while concurrently increasing the device's multi-tasking abilities. ''Microsoft chose Interactive Objects' digital audio player for Windows CE based on its unsurpassed functionality,'' said Anthony Bay, General Manager, Streaming Media Division at Microsoft. ''Our ongoing contract enlists Interactive Objects' exceptional skills in continuing to bring the finest digital media software to the Palm-size PC industry.'' biz.yahoo.com The Industry Standard, an online magazine, added that " under the ongoing contract, Interactive Objects will work with Microsoft to develop Windows desktop utilities, including Windows Media Rights Manager, that enable users to manage audio libraries between PCs and portable devices." "Users connect their portable devices to a docking station that connects to their PC and use their utilities to manage and encode their audio files on the PC, explained Miller. Encryption technologies will allow users to bundle together different audio files for playing on their portable devices without violating copyright protection, " a spokesman said. OBJX trading 3s thestandard.net