Interesting news about IVDO (anyone have feedback?):|
Wednesday April 14, 9:30 am Eastern Time
Company Press Release
Instant Video Technologies, Inc. to Showcase
Searchable Video Delivery Solution in Virage Booth
Virage Makes it Searchable
IVT Makes it Deliverable
LAS VEGAS--(BUSINESS WIRE)--April 14, 1999--Instant Video Technologies, Inc. (OTC:IVDO - news;
burst.com) announced today that IVT will demonstrate Burstware® video delivery software at the booth of its
strategic partner, Virage, No. S1531 Sands Convention Center during NAB, April 19-22.
IVT's client-server video distribution software and Virage's VideoLogger(TM) and AudioLogger(TM) software give users an
enterprise-class solution to deploy searchable, high-quality video and audio optimized for jitter-free delivery over networks.
''IVT's Burstware® and Virage's VideoLogger(TM) and new AudioLogger(TM) are an excellent, codec-neutral
combination,'' said IVT Chairman and CEO, Richard Lang. ''It offers a delivery/indexing solution for everything from video in
a PC window to high-definition TV on a set-top box. Virage's indexing technology adds significant value to our efficient
network video distribution technology in markets IVT is targeting, such as training, business information, customer care,
professional broadcasting and entertainment.
''We believe the synergy between IVT and Virage will help broadcasters retrieve value from their archived video and audio
content by making it easily accessible and of highly reliable quality,'' said Lang.
''Organizations using IVT's Burstware® are stating that deploying high-quality video throughout the enterprise is important to
them,'' said Paul Lego, Chief Executive Officer of Virage. ''The best way for these organizations to maximize that investment
is by using Virage's products to make their video searchable. Together, IVT and Virage represent some of the most
sophisticated video technology available, giving these organizations an excellent opportunity to leverage their content to its
Burstware® is enterprise class client-server software that takes streaming to the next level. Taking advantage of two
important industry trends, available bandwidth and inexpensive storage, Burstware® optimally pre-loads configurable
client-side buffers in faster-than-real-time ''bursts.'' This intelligent resource management actually increases the number of
successful video and audio deliveries possible on an existing network infrastructure, beyond what is possible with real-time
streaming. The Burstware® architecture also isolates each client from network degradations, which insures that the quality of
the media content remains at the highest level possible.
Virage's VideoLogger(TM) and AudioLogger(TM) software are Windows NT® applications that ''watch, listen to and
read'' video, automatically extracting information in real time that enables users to search for and find segments of interest to
them. Searchable video promotes video from a passive viewing experience to one that is fully interactive, giving users control
over what they want to see, when they want to see it.
Companies around the world, including ABC News, AltaVista, BBC, Carlton Communications, CBS News, CNN, CNN
Interactive, Compaq, Energy Film Library, Federal Bureau of Investigations, Fox Sports, General Electric, General Motors,
Harvard Business School, Heinle & Heinle, Lockheed Martin, Lucent Technologies, NASA, Network Espana, NBC News,
PICS Retail Network, Reuters, Showdown Productions, Swiss Broadcasting Corp. and several classified U.S. government
agencies rely on Virage to transform traditional video into searchable video, creating premium Web sites, intranets and
extranets that add real value for their customers, partners and employees.
For more information, see the Virage Web site at virage.com or call 650/573-3210.
For more information on IVT or Burstware®, visit our web site at burst.com.
Instant Video Technologies, Inc., headquartered in San Francisco, is the leading developer of burst-mode video and audio
delivery software for networks and content providers. IVT's Burstware® enables high-quality faster-than-real-time delivery
of full motion video & CD quality audio over networks of all types. Burstware® is a trademark of Instant Video
This news release contains forward-looking statements relating to the future performance of Instant Video Technologies, Inc.,
future markets for the company's technologies, and the future development and applications of Burstware®. These
forward-looking statements are subject to certain risks and uncertainties, and actual results differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Instant Video Technologies, Inc.
Suzanne Lentz, 415/391-4455 ext. 237
Pat Meier Associates P.R.
Pat Meier, 415/392-4200