TEAMS Partners with Virage to Provide Searchable Video Asset Management
TEAMS Partners with Virage to Provide Searchable Video Asset Management Virage Recognizes TEAMS as one of the Leading Solutions for Digital Asset Management Rockville, MD--February 24, 1999--TEAMS™, a division of ThomsonConsulting, the technology subsidiary of the $6 billion Thomson Corporation (Toronto: TOC), today announced a strategic partnership with Virage, Inc., the recognized leader in video and image search products. The partnership enables the TEAMS digital asset management framework to index and digitize video, then transfer the newly created searchable video "asset" into TEAMS' digital asset management system. Virage's VideoLogger™ application "watches, listens to and reads" video, automatically extracting information that lets users search for and find segments they are interested in. Simultaneously, it manages the digitization of multiple video formats, such as MPEG or RealVideo.
"Virage brings an enormous edge to an already superior framework," said Scott Bowen, General Manager of TEAMS. "Our partnership with Virage ensures that our customers have the most sophisticated video search capabilities available and underscores the TEAMS commitment to making video manipulation and management as easy and flexible as possible. We are pleased to welcome Virage as a TEAMS Strategic Partner.""Video is the single-most important decision support and distance learning medium in use today by the corporate enterprise," said Paul Lego, Chief Executive Officer of Virage. "As such, the need to manage that information so that it can be easily accessed and deployed is critical. Combining searchable video from Virage with TEAMS' leading media asset management solution provides Global 2000 companies with a competitive advantage in their marketplace." The TEAMS/Virage solution is currently available. Contact Thomson for more information.
About TEAMS TEAMS™ is an open, digital asset management framework that provides superior enterprise-wide access and flexibility to capture, manage and dynamically re-express information assets into new, value-enhanced products. TEAMS was founded in August 1996 as a division of ThomsonConsulting, the software development and global consulting arm of the $6 billion information conglomerate, The Thomson Corporation. With locations in Boston, Chicago, London, New York, San Francisco and Washington, D.C., ThomsonConsulting has occupied a preeminent position in online publishing, information management, and workflow solutions for more than a decade. For more information, visit the TEAMS web site at http://www.teams-thomson.com.
About Virage, Inc.
Virage is the pioneer and recognized market leader in video and image search products. Virage's VideoLogger and AudioLogger software set the standard for real-time indexing and distribution of video across the Internet or corporate intranets and Virage has been named the market winner by industry analyst group Frost & Sullivan. Virage customers include ABC News, AltaVista, BBC, CBS News, CNN, CNN Interactive, Compaq, Federal Bureau of Investigation, General Motors, Harvard Business School, Lockheed Martin, Lucent Technologies, NASA, NBC News, Reuters and several classified U.S. government agencies. These companies rely on Virage video search software as the critical foundation technology for effectively deploying video within their operations. Headquartered in San Mateo, California, Virage was incorporated in 1994 to provide organizations with advanced methods for accessing and leveraging media assets. For more information, see the Virage Web site at http://www.virage.com or call (650) 573-3210.
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