USA Video Interactive Announces Sale Of Server Systems and Integration Services to The ApplicationStation.com In $5 Million Contract Over Two Years
Thursday, 16 March 2000
First Phase Includes Delivery of Three "Hurricane" Systems In Second Quarter

MYSTIC, Connecticut, March 16, 2000 - USA Video Interactive (OTC BB: USVO; CDNX: US; www.usvo.com) today announced the sale of its downlink-satellite-ready "Hurricane" video server systems and system-integration services to The ApplicationStation.com (www.applicationstation.com) in a two-year, $5 million contract that will enable ApplicationStation.com to provide Internet outsourcing of business, productivity and communications applications to commercial and professional markets in North America, Australia, the United Kingdom, and Asia/Pacific.

In the initial phase of the contract, USA Video Interactive will deliver the first three systems for deployment by The ApplicationStation.com in the second quarter this year, with the full-scale deployment to commence in the third quarter this year through the fourth quarter of 2001.

The deployments will enable The ApplicationStation.com to build a global video and data server network encompassing the United States, United Kingdom/Europe, Canada, Australia, and Asia/Pacific. The ApplicationStation.com also will offer USA Video Interactive's advanced compression technologies and end-to-end solutions to its customers as a methodology for them to conduct their own mission-critical and job-related training.

"We believe that the Internet will provide the next generation of computing and communicating," said E. James Pennington, chairman and founder of The ApplicationStation.com. "USA Video Interactive's superior end-to-end solutions will enable us to use the Internet to train our customers in our technology, and to deliver our technology to their locations around the globe so they can use it for their own internal training needs," he continued. "Not only does USA Video Interactive provide the world's leading Internet video streaming technology, they are the only provider of a true end-to-end solution. Having USA Video Interactive as our solution provider is one of our key differentiators."

Edwin Molina, president of USA Video Interactive, said he believes The ApplicationStation.com is destined to become a world leader in outsourcing Internet applications to the medical, legal, financial, accounting, manufacturing, education and other global sectors in which critical knowledge of policies, practices and procedures is being continuously refined and updated.

"The pace of knowledge refinement in these fields creates a huge demand that can only now be met through innovative, Internet-based technologies and services. We are very pleased to be joining with The ApplicationStation.com in their pioneering effort to reach these markets with a level and quality of services and solutions that simply are not available anywhere else," Molina said. "Jim and his organization are creating an Internet portal path through which hundreds of thousands of small and medium professional and commercial concerns will have access to previously inaccessible materials. We're glad that our technology will be a part of this."

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 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.

About The ApplicationStation.com
The ApplicationStation.com is a corporation formed in 1998 dedicated to providing the medical, legal, financial, accounting, manufacturing and other specialized fields with cutting-edge technological solutions, through outsourcing, to their hardware, software, content, and system administration needs. Based in Charlotte, North Carolina, The ApplicationStation.com has set a goal to become the leading Portal and Application Service Provider (ASP) in targeted markets worldwide, providing access, on a rental/subscription basis, to business, productivity and communication applications and content through portals dedicated to each market. Before founding The ApplicationStation.com, Pennington was the co-founder and chief of innovation of The LearningStation.com, the world's leading education ASP, which he launched in 1997 and for which he secured leadership position in the U.S. on-line education market with significant presence in Canadian and Australian markets as well.

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 NASD OTC BB: 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; .

The ApplicationStation.com Corporate Headquarters: 6030 Waverly Lynn Lane, Charlotte, N.C. 28269. Contact: Jim Pennington (704) 875-0558.

This press release may contain forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those anticipated in forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

Last Updated ( Tuesday, 12 December 2006 )