USA Video Interactive Names Robert D. Smith, Jr. As New Chief Operating Officer
Tuesday, 22 August 2000
MYSTIC, Connecticut, August 22, 2000 -- USA Video Interactive Corporation (NQB: USVO; CDNX: US; www.usvo.com) today announced the appointment of Robert D. Smith, Jr., as Chief Operating Officer.

Smith was formerly a vice president at Sonalysts Inc., of Waterford, Connecticut, where, for 22 years, he helped build the company into a $50 million, nearly 500-person international corporation with a diverse line of high-technology services and products. His areas of expertise include corporate strategies and goal implementation, personnel and contract management, technical project planning and execution, budgeting, software design and development, and customer relations. He also shared in the Academy Award for sound effects in the Paramount film "Hunt for Red October."

"Bob's combination of technical expertise, solid executive and managerial accomplishment, clear commitment to the company's mission, and proven ability to organize teamwork in the attainment of profitable goals will enable him to excel as chief operating officer," said Edwin Molina, president and CEO of USA Video Interactive. "We are very excited to welcome him aboard as we begin the next phase in our rapid growth, bringing the highest quality streaming video and Internet TV to an ever-larger worldwide audience."

Smith graduated with distinction from the U.S. Naval Academy, where he was a Trident Scholar and earned a B.S. degree in oceanography and engineering. He served in a variety of officer positions in the nuclear submarine Navy prior to leaving active duty. Concurrent with his employment at Sonalysts, he continued to serve in the Naval Reserve, having recently retired with the rank of Captain. Assignments included commanding officer, chief staff officer, executive officer, and other senior management positions. He has pursued graduate-level studies in operations research and computer science at the University of New Haven.

Smith begins his new position on September 5. He succeeds William Meyer, who has resigned.

About USA Video Interactive
USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and video-on-demand systems, services and innovative end-to-end solutions. The USA Video Interactive technology gives users full-motion video; the unique flexibility of standard, VCR-like controls of play, fast-forward, reverse and pause; and the convenience of a standard internet-browser format for access. It provides video images significantly faster and at a higher degree of resolution than with previously available methods; significantly overcomes bandwidth restrictions; and eliminates the blockiness and slowness of current technologies -- all at a lower cost and at or near broadcast quality.

For more information on USA Video Interactive, visit www.usvo.com. USA Video Interactive Corporate Headquarters Office: 70 Essex Street; Mystic, CT 06355; (800) 625-2200; (860) 572-1560. Canada Office: 837 West Hastings Street; Suite #507; Vancouver, B.C. V6C 3N6. Trading symbol on the US NBQ: USVO; Trading symbol on The Canadian Venture Exchange: US. Standard & Poors Listed. CUSIP 902924208; USA Video and USA Video Interactive are trademarks of USA Video Interactive.

The Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For more information contact: Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations, 860-572-1560; . This press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described.

Last Updated ( Tuesday, 05 December 2006 )