WorldNow Selects Virage to Bring Internet Video to Broadcast Television Web Sites
WorldNow Will Use Virage's Internet Video Infrastructure to Enhance Its Web Solutions for Local Broadcasters
STREAMING MEDIA EAST CONFERENCE, NEW YORK—June 12, 2000 —Virage, Inc., a leading provider of products and application services that enable video for the Internet, today announced that WorldNow, a leading provider of Internet technology services for local broadcasters, and the largest independent network of local broadcaster web sites, is using Virage software and application services to integrate on-demand video into its complete web site solution for local broadcast television stations. The Virage platform will allow WorldNow to provide streaming video as part of an integrated, cost-effective solution that enables broadcasters to easily deliver and monetize targeted, branded information to anyone, anywhere, anytime.
"Local broadcasters rely on us to help them leverage their unique brand position, powerful local content, and exceptional promotional abilities on the Internet," said Gary Gannaway, chairman and chief executive officer of WorldNow Inc. "In turn, we are relying on Virage's expertise and software to help round out the video management and distribution component of our complete Internet solution. Our exclusive work with Virage will play a key role in enabling WorldNow's local broadcast partners to deliver the best local news video experience on the Web."
"WorldNow has established a leadership position in helping television stations migrate to the Web," said Paul Lego, chairman and CEO of Virage. "We are pleased to have been selected by them to add advanced video to their complete Internet solutions for local broadcasters."
About WorldNow
WorldNow is a leading provider of Internet technology services to the local broadcast marketplace. Through its exclusive partnerships with over 130 local television stations, which reach 67% of US households, WorldNow is building the largest independent network of broadcaster websites in the world. WorldNow builds and supports an integrated, cost-effective software solution that diminishes the technological barriers to entry, allowing broadcasters to establish superior Internet businesses. WorldNow's singular vision is to enable local broadcasters to easily deliver targeted, branded information to anyone, anywhere, anytime.
WorldNow (http://www.worldnow.com) was acquired by the Gannaway Group in 1998, and is headquartered in New York City, with regional offices operating in Atlanta and Dallas. Contact: Mark Zagorski @ (212) 371-2860, mzagorski@worldnow.com.
About Virage
Virage is a leading provider of products and application services that enable owners of video content to publish, manage and distribute their video assets over the Internet or corporate intranets. Virage Interactive™ services provide content owners with the infrastructure for integrating Internet-compliant video into their web sites. Virage's VideoLogger™ and AudioLogger™ software enable real-time indexing and distribution of video across the Internet or corporate intranets. Virage customers include ABC, AltaVista, Associated Press, BBC, Boeing, CBS, CNET, CNN, Compaq, C-SPAN, DaimlerChrysler, FBI, FOX Sports, General Electric, General Motors, Harvard Business School, iVillage.com, Lifetime Entertainment, Lockheed Martin, MGM, Morgan Stanley, NASA, NBCi/SNAP.com, New York Times, NYSE, NTT, ON24, Paramount, PBS, RealNetworks, Reuters, Swiss Radio-TV, Telecinco, Yahoo! and Young & Rubicam. Headquartered in San Mateo, CA, Virage was incorporated in 1995 to provide organizations with advanced methods for searching, locating and using video content. Contact Virage at http://www.virage.com/ or (650) 573-3210.
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