MediaEdge Teams with Virage to Develop Customized Solutions
Provider of multimedia solutions turns to Virage for latest streaming video technologies
BALTIMORE, MD and SAN MATEO, CA - November 14, 2000 - Virage, Inc. [Nasdaq: VRGE], a leading provider of software products and application services that enable video for the Internet, and MediaEdge, Inc. today announced a partnership to develop a variety of customized multimedia solutions for the commercial and government markets.
As an authorized Virage value-added reseller, MediaEdge will concentrate on extending the Virage framework to develop complete third-party applications.
"We are excited to be working with Virage to create and deliver customized multimedia solutions," said Tony Mangerie, president of MediaEdge. "The flexibility and power of the Virage platform, along with Virage's leadership position in the market, give us an excellent foundation for seamlessly integrating streaming video into our systems."
"MediaEdge has developed an innovative approach to integrating video into multiple online applications ranging from distance learning to corporate portals," said Paul Lego, chairman and CEO of Virage. "Their team has a proven record of success, and we are pleased to be working with them to deliver complete solutions to our mutual customers."
About MediaEdge
MediaEdge was founded in 2000 and is a division of Exceptional Software Strategies, Inc. MediaEdge, as a systems integrator, provides video and multimedia solutions for both government as well as commercial customers. For more information about MediaEdge, please visit www.media-edge.com
About Virage, Inc.
Headquartered in San Mateo, California, Virage is the leading provider of solutions that enable video for strategic online applications. The Virage Video Application Platform transforms video into an effective online medium that is easy to publish, manage and distribute on the Internet or corporate intranets. The Virage platform provides content owners with the complete infrastructure for seamlessly integrating streaming video into business, entertainment and information applications. From ABC to Yahoo! over 180 customers across a broad range of markets have turned to Virage to help them improve production efficiencies and create new revenue opportunities with video. Contact Virage at http://www.virage.com/ or (650) 573-3210.
This press release contains "forward looking" statements about the products and services of Virage and BMG Entertainment, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward looking statements are denoted by such words as "will allow","will use", "will provide", "will ramp up" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties which could cause actual results to differ materially. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including our Registration Statement on Form S-1, as amended, available online at www.sec.gov. All forward looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.
Virage, VideoLogger and the Virage logo are registered trademarks, and SmartEncode are trademarks of Virage, Inc. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged.
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