CacheFlow And Virage Team To Provide Enhanced Enterprise Streaming Content Delivery Solutions
Joint Solution to Enhance Delivery and Management
of Rich Media on Enterprise Networks
STREAMING MEDIA WEST 2000, SAN JOSE, Calif. - December 12, 2000 - Virage, Inc. (NASDAQ: VRGE), a leading provider of software products and application services that enable video for the Internet and CacheFlow® Inc. (NASDAQ: CFLO), the leading provider of content-smart networking solutions, today announced a partnership for high-performance delivery of streaming services to the enterprise. The Virage-CacheFlow solution will provide enterprises with a cost-effective and feature-rich way to publish, manage, access and distribute rich media on their intranets or extranets. The joint combination will ensure a high-quality end-user experience by delivering Virage-enabled video content directly from the edges of the enterprise network with CacheFlow appliances. In addition, Virage will join CacheFlow's Adaptive Content Exchange (ACE) Partner Alliance.
As a result of the alliance, customers can use CacheFlow Content Accelerators together with Virage's SmartEncode™ process and Video Application Platform to scale high-quality streaming services from the origin server to the network edge. By enabling enterprises to easily extend the reach of streaming media to the regional office, the joint solution makes it cost-effective to deliver streaming media for internal and external communications, including sales and marketing, training, education, customer and partner information.
"Virage is pleased to be working closely with CacheFlow to create an end-to-end solution for managing and distributing video in the enterprise environment," said Carlos Montalvo, chief marketing officer at Virage. "The combination of the Virage Video Application Platform and CacheFlow's streaming-enabled caching solutions addresses the major economic and technical challenges faced by corporations using streaming media today: reducing bandwidth costs, allowing efficient access and distribution of video and ensuring a high-quality user experience."
"Combining CacheFlow's distributed networking devices with Virage's video content management and publishing solutions provides corporations with a complete solution for easily scaling streaming content delivery," said Patrick Harr, VP of marketing at CacheFlow. "Delivering rich media to the network edge requires a new platform that can effectively manage distributed content as well as cost-effectively scale to meet constantly increasing demand."
Virage provides owners of video content with the end-to-end solution for publishing, managing and distributing their video assets over the Internet or corporate intranets. Virage's integrated, scalable solution converts video into a web-ready medium that maximizes online communication efficiencies and business opportunities. The Virage Video Application Platform delivers cost savings and increased productivity to enterprises by transforming their valuable video assets into easily distributed, on-demand content that enhances corporate communications, decision support and training.
CacheFlow's market-leading appliances and innovative content delivery technologies dramatically improve the speed and efficiency of moving digital content. Because streaming capabilities are embedded directly in CacheFlow appliances, they are the most effective way to deliver rich media content to the network edge. Simple to install and manage, CacheFlow's streaming solutions enable enterprises, content providers, and ISPs to fully exploit the power of Web-based multimedia for online training, corporate broadcasts, product and service demonstrations, interactive advertising, and all forms of audio and video programming.
Virage also announced that it has joined the Adaptive Content Exchange (ACE) alliance, CacheFlow's technology partner program. ACE combines best-of-breed building blocks from CacheFlow and leading industry partners, such as Virage, to deliver end-to-end solutions for content-smart networking. The ACE model defines next-generation, content-aware Internet infrastructure and delivers an optimal, customized experience for users, while driving revenue opportunities and cost savings for enterprises, service providers and content providers.
About CacheFlow Inc.
CacheFlow is focused on content-smart networking--a new layer of infrastructure for intelligently accelerating, delivering, and managing static, streaming, and dynamic content. CacheFlow's market-leading appliances and innovative content delivery technologies enable enterprises, service providers and content providers to deliver the right content to the right place at the right time. Based in Sunnyvale, California, CacheFlow can be contacted via telephone at 408.220.2200, fax at 408.220.2250 or email at info@cashflow.com. Investors and financial analysts may contact CacheFlow Investor Relations at 408.220.2318. For more information, visit www.cacheflow.com
About Virage, Inc.
Headquartered in San Mateo, CA, 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 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.
Forward Looking Statements
The statements contained in this press release that are not purely historical are forward-looking statements, including statements regarding CacheFlow's expectations, beliefs, intentions or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to CacheFlow as of the date hereof, and CacheFlow assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to CacheFlow's business are set forth in CacheFlow's 10-Q for the period ended July 31, 2000, CacheFlow's 10-K for the year ending April 30,2000, and other reports filed from time to time with the Securities and Exchange Commission.
This press release contains "forward looking" statements about the products and services of Virage and CacheFlow 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 provide", "will ensure" 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.
CacheFlow is a registered trademark of CacheFlow Inc. in the U.S. and worldwide. Virage and VideoLogger are registered trademarks, and SmartEncode is a trademark 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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