Monday, 26 June 2000
INITIAL DEPLOYMENT TO INCLUDE 4,500 SATELITTE - DOWNLINK SYSTEMS STARTING THIS SUMMER
JUNE 26, 2000 - MYSTIC, CONNECTICUT - USA Video Interactive (NQB: USVO; CDNX: US; www.usvo.com) and Inetcable.com (www.inetcable.com) have established a technology partnership for design and delivery of streaming broadcast video and live TV via the Internet. The contract states that USA Video Interactive will design a system that incorporates multicast video encoding, archiving and delivery as well as unicast video-on-Demand utilizing USA Video Interactive technology and equipment via Inetcable.com's satellite network platform to Internet Service Providers and other users around the world. The initial deployment calls for USA Video Interactive to provide at least 100 satellite-uplink Internet channels and at least 4,500 satellite-downlink systems over the next three years, with deployment to begin this summer.
"We're integrating the USA Video Interactive technologies into our systems to bring an almost limitless array of broadcast channels and other content to our customers," said Ted Boyle, President of Inetcable.com. "Joining this technology together with our global satellite provider opens the door to a whole world of choices covering virtually every interest and available in virtually any language."
"Our partnering with Inetcable.com has helped us maximize the possibilities generated by the convergence of TV and the Internet," said Edwin Molina, President and CEO of USA Video Interactive, announcing the partnership at the company's Annual Meeting in Providence, RI. "Integrating content and delivery in a unique and innovative system like this will set the stage and create the model for Internet TV well into the future."
The systems are based on a system demonstrated earlier this year at the North American Broadcaster's Association annual meeting in Florida. The concept behind the system is to avoid latency and other problems inherent in the Internet network itself by bypassing the "backbone" and delivering signals directly to ISPs. Live TV broadcast signals are routed to USA Video Interactive's WebcasterLive™ encoding engines where they are compressed using the latest state-of-the-art technologies, coupled with Inetcable.com's broadband viewer and caching software, then routed through USA Video Interactive Hurricane Mediacaster™ video servers to be broadcast via Inetcable's satellite distribution system.
About Inetcable.com
Inetcable.com is a convergence backbone and portal that uses the Internet to deliver high quality, full motion audio and video, to the worldwide population of Internet users. Inetcable.com delivers cable broadcast, cable specialty and pay per view services for broadband users in an effort to create the world's first Internet cable television service. The Company's unique technology solution, industry relationships, and strategic partnerships will give it first mover advantage and put Inetcable.com in position to capture a significant portion of both North American and international market for streaming media. Though not publicly traded at this time, Inetcable plans an IPO later this year. For more information about Inetcable.com, visit www.inetcable.com.
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.
Inetcable Inc Inetcable Inc. Corporate Headquarters Office: 2211 Thurston Drive, Ottawa, Ontario, K1G 6C9, Canada. United States Office: Metropolitan Park West, 1100 Olive Way, Suite 1600, Seattle, Washington, 98121, For more information contact: Heidi Horwat Director of Marketing and Sales (613)248-1000 Extension 209
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, USA Video Interactive, Video-On-Demand and Video Yellow Pages 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 )
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