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Instant Video Technologies, Inc. to Showcase Searchable Video Delivery Solution in Virage Booth at NAB'99
Virage makes it searchable; IVT makes it deliverable NAB (National Association of Broadcasters Convention) Las Vegas, Nevada--April 14, 1999--Instant Video Technologies, Inc. (OTC:IVDO) (http://www.burst.com) announced today that IVT will demonstrate Burstware® video delivery software at the booth of its strategic partner, Virage, #S1531 Sands Convention Center during NAB, April 19-22. IVT's client-server video distribution software and Virage's VideoLogger™ and AudioLogger™ 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™ and new AudioLogger™ 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 fullest potential."
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™ and AudioLogger™ 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 http://www.virage.com or call (650) 573-3210.
For more information on IVT or Burstware®, visit our web site at http://www.burst.com.
Instant Video Technologies, Inc., headquartered in San Francisco, California 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 Technologies, Inc.
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 may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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