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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Maya who wrote (40618)	5/7/1999 11:22:00 AM
From: J Fieb	Respond to of 50808

Alpha Star is reborn..... newspage.com GREENWICH, Conn., May 6 /PRNewswire/ via NewsEdge Corporation -- AlphaStar International announced today the formation of AlphaStar Webcasting.com, Inc., for the purpose of providing multicast streaming of video and audio to the Internet on a global basis. AlphaStar Webcasting.com represents a major step forward towards the creation of the first global streaming media network. With AlphaStar International's acquisition of a $50 million state-of-the-art satellite television broadcasting network and subsequent conversion to a satellite webcasting network, AlphaStar can aggregate, process, integrate and stream video and audio to the Internet via satellites on a worldwide basis. The Company has already conducted several successful tests of the network and expects service to begin this June. The acquired television network was one of the original Direct to Home (" DTH") networks, competing with DirecTV, EchoStar and PrimeStar. AlphaStar TV Network received and transmitted live almost 100 television channels and 30 radio stations for approximately two years to a large subscriber base throughout the US, Canada and the Caribbean. The current owners acquired the television network and launched a modification program to transform it into a webcasting network. The result is a network capable of webcasting thousands of simultaneous streams of video and audio live or on demand 24 hours a day, seven days a week. Content includes TV, radio, digital images, web cam, e-cinema and e-publishing and multi-media. Target audiences are both consumer and business-oriented; both of which can benefit from the Company's high speed access, broadband capabilities and teleport services. The Company is in a unique position to distinguish itself by specializing in the streaming of video and audio via satellite because of its infrastructure expertise and experience. It is estimated by industry analysts that only 1% of all pages on the Internet use audio or video. The pioneers of streaming media, such as RealNetwork ("RNWK") and Broadcast.com ("BCST"), believe that this segment of the Internet is poised for dramatic growth. A key barrier facing the growth of streaming is the bottleneck of the terrestrial backbone of the Internet. AlphaStar Webcasting.com provides a unique engine to bypass this bottleneck by utilizing its satellite capabilities to aggregate, process, integrate and stream video and audio to the Internet to the millions of users within its global footprint. AlphaStar will also utilize multicasting technology, a point-to-multipoint approach for streaming video and audio that is more economical in terms of bandwidth and associated cost, as well as providing improved picture and sound quality. AlphaStar's teleport, located in Oxford, Connecticut, is one of a handful of Ku-band facilities in the US, allowing distribution via a small satellite dish. This teleport cannot be replicated without spending tens of millions of dollars over a period of years. Built on a mountaintop in New England as part of President Reagan's "Star Wars" program, it was intended originally to protect the US by tracking the former Soviet Union's satellites. Now the teleport will serve as an Internet gateway between the US and the world, with the potential to bring the world together both in terms of content and connectivity as part of a truly global streaming media network. newspage.com