USA Video Interactive Approved for Listing on Berlin (Germany) Stock Exchange; Trading Began Friday
Monday, 23 July 2001
Mystic, Connecticut, July 23, 2001 -- USA Video Interactive (OTCBB: USVO; CDNX: US; www.usvo.com) has been approved for listing on the Berlin Stock Exchange and began trading last Friday, July 20, with the symbol USF. Berliner Freiverkehr (Aktien) AG, one of the largest brokerage firms in Germany and a market maker in markets in Berlin, Frankfurt and Stuttgart, is acting as a market maker for the Company's stock. The listing allows German investors to buy shares in local currency and helps establish a more significant presence in Europe for USVO.

USVO also has retained the services of Makro GMBH of Hamburg, Germany, to promote the company's business and products in Germany, including arranging sales meetings and other conferences. Makro GMBH also prepared the documentation necessary for USVO's listing on the Berlin Stock Exchange. The Berlin Stock Exchange has three market segments: the Official Market, the Regulated Market, and the Unofficial Regulated Market. USF is trading on the Unofficial Regulated Market, which represents some 90 percent of all companies listed in Germany

"Listing on the Berlin exchange helps our global expansion initiatives, particularly with our patent already approved and in effect in Germany, and with one of our clients being Phenomedia, Germany's largest content creator," said Edwin Molina, President and CEO of USVO. "As we complete the deployment of StreamHQ™ this summer, it further reinforces that our rich media streaming technology has applications worldwide."

Phenomedia, Germany's largest creator of entertainment content for PCs, video game systems, the Internet, interactive television and mobile device platforms, contracted USVO to provide streaming media services for its customers and started by streaming content for Phenomedia's client, Ferrero. Ferrero, a leading chocolate company in Germany, has launched a series of creative on-line games to promote its products and USVO is streaming one of the commercials embedded in these games.

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. Its StreamHQ™ media delivery services are focused on creating revenues for customers and reducing their Internet costs. StreamHQ™ encompasses the entire media experience from source to viewing, including content production; content encoding; asset management; media and application hosting; multi-mode content distribution; and transaction data capture, reporting and analysis. StreamHQ™'s design leverages the capabilities of the Internet while bypassing its latencies, with high availability, reliability, flexibility, scalability and cost-effectiveness. USVO holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992. It has been cited by at least 145 other patents. USVO holds similar patents in England, France, Spain, Italy and Germany, and has patents pending in Canada and Japan. The USVO patented video technology gives users full-motion video; the flexibility of standard, VCR-like controls; 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. USVO is developing patented Wavelet compression technology that will further enhance the company's ability to deliver unique capabilities as part of StreamHQ™. For more information, 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. V6C3N6. Trading Symbol on the OTCBB: USVO; Trading on The Canadian Venture Exchange: US. Standard & Poors Listed. CUSIP 902924208. 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: Kevin Yorio, 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 )