USA Video Interactive Named Exclusive Webcaster for "Disruptive Technology"Website
Tuesday, 20 June 2000
Innosight Headed by Clayton Christensen, author of best-selling The Innovator's Dilemma

JUNE 20, 2000 - MYSTIC, CONNECTICUT - USA Video Interactive (NQB: USVO; CDNX: US; www.usvo.com) has been selected as the exclusive streaming video provider and webcaster by Innosight, LLC (www.innosight.com), the online innovation problem-solving resource based on theories developed by Harvard Business School professor Clayton Christensen. Christensen is the author of the best-selling "The Innovator's Dilemma," which describes his revolutionary theories of disruptive technologies.

In addition to providing Innosight with web-based streaming video, USA Video Interactive will enable the streaming of Christensen's "Disruptive Innovation Primer," the hallmark speech explaining the dynamics of technological disruption, and will host and/or produce creative content and live webcasts and will collaborate on Innosight's future needs and desired capabilities. USA Video Interactive will license use of its patents to Innosight as part of this contract.

Commenting on the agreement, Innosight CEO Michael Overdorf stated, "Through our methodology and technology, Innosight will help to set the standard for how managers learn and solve problems using the Internet. We believe that our partnership with USA Video Interactive for streaming media will be a key enabler to our ability to achieve this goal."

USA Video Interactive introduced the "Delivering Disruption" session at last November's Disruptive Innovation Conference in Vancouver, noting that "our technology works best in today's limited bandwidth environment, but it also will meet the future needs that many of their customers don't even know they have yet. Thus," continued USA Video Interactive's Chief Financial Officer Tony Drescher, "USA Video Interactive can assist established companies in serving today's consumer demands for streaming video while bridging to accommodate future demands."

About Innosight
Innosight is a new model for business learning built upon Clayton Christensen's revolutionary principles of disruption. Through up-to-the minute web-delivered content, the active participation of Clayton Christensen, and a staff of knowledge professionals, Innosight is able to help companies solve the problems that they're encountering today, as well as those that they should anticipate in the future. The Innosight Journal, the centerpiece of our rich content base, is a venue for the distribution of Clayton Christensen's latest thought. Rather than waiting to release his ideas in a second book, Christensen is distributing them via Innosight, where managers can use them in real time, discuss and debate, and arrive at solutions now. For more information on the value of participating in Innosight, visit www.innosight.com.

About The Innovator's Dilemma
Written by Clayton Christensen, this Business Week bestseller was identified by George Gilder as "one of the most profound and useful business books ever written about innovation." Named "Best Business Book of the Year" by the Financial Times/Booz-Allen & Hamilton Global Business Books Awards, The Innovator's Dilemma has revolutionized business thinking. By demonstrating how great firms have failed when confronted with disruptive technologies, The Innovator's Dilemma also explains how today's executives and entrepreneurs can profit from the forces of innovation. Described as "absolutely brilliant" by Michael Bloomberg, CEO and Founder, Bloomberg Financial Markets, this national bestseller is changing the way the world does business. To order The Innovator's Dilemma, visit www.claytonchristensen.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.

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 )