State of Iowa Selects Virage for Information Sharing Project
21st Century Learning Infrastructure Initiative Will Be Built on Virage Platform
SAN MATEO, Calif - Jan. 3, 2001 - Virage, Inc. [NASDAQ: VRGE] a leading provider of software products and application services that enable video for the Internet, today announced that the State of Iowa will use the Virage Video Application Platform as the foundation for an initiative that will allow Iowa citizens to access searchable state digital video content for educational purposes. The 21st Century Learning Infrastructure Initiative will use Virage software to encode, index and catalog digital video and audio assets to allow for their distribution and sharing between K-12 schools, community colleges, universities and other citizens who are looking to utilize information contained within videos compiled and licensed by the state.
The 21st Century Learning Infrastructure Initiative will create a standard instrument for knowledge transfer through a system whereby Iowa citizens can easily search and retrieve archived state video resources. It will serve as a combination of both a digital library and a virtual open campus for all learners and institutions. Using Virage, digital videos ranging from seminars to demonstrations will be encoded into indexed and searchable streaming video clips and simultaneously published onto the Iowa State web site. Upon entering an ID and password, authorized users will be able to efficiently and painlessly access video content for educational purposes. "The Virage platform will allow the state to standardize metadata creation and search ability of the content, so that citizens across Iowa are able to retrieve the content they need anywhere they need it," said Bill Haigh, Public Information Officer of the Information Technology Department for the State of Iowa.
The 21st Century Learning Infrastructure Initiative is an effort to enhance and increase current and future distance learning and digital library offerings thereby enabling all citizens of the state of Iowa the increased opportunity to partake in quality life-long learning. Haigh also believes that its implementation and success could pioneer new ways that educational videos and information in general can be shared between states and citizens nationwide in the future, with Virage playing a critical role at the center of its foundation: "We selected Virage because their experience and customer base has made them the industry standard in video-enhanced learning. Their advanced technology gives us the ability and freedom to do everything that we have envisioned for this state-wide initiative and more."
"Information sharing has always been an important two-way relationship between state schools and universities," said Carlos Montalvo, Chief Marketing Officer at Virage "Iowa's new Virage-enabled initiative not only benefits the broad university community, but any citizen who wishes to directly interact with and access their state government's video archive for information. Virage is pleased to provide the platform that is changing the way people share video-based information with each other."
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 Inktomi, 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 leverage", "will enable", will continue" 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.
Inktomi is a registered trademark of Inktomi Corporation in the United States and other countries.
Virage, and VideoLogger are registered trademarks and Virage Application Server 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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