Over 125 Partners Drive Broad Adoption of Virage's Video Application Platform
Launch of Video Solution Marketplace Expands Industry-Leading Offerings
STREAMING MEDIA WEST 2001, Long Beach, Calif. - June 20, 2001 - Virage, Inc. [Nasdaq: VRGE], a leading provider of video content management and publishing solutions, today announced the formal launch of its Video Solution Marketplace on the Virage website, bringing together its extensive and broad reaching suite of third-party products that support the Virage Video Application Platform. With over 125 business partners, Virage's platform and VDF metadata format have gained wide market acceptance by providing significant leverage for independent software vendors and system integrators that are helping enterprises and media companies turn video into strategic online applications.
Virage's open architecture and loyal developer support are key accelerators contributing to the rapid growth of the video content management and IP-based video publishing industry. The Marketplace provides a single destination where customers can find products and plug-in modules that extend the capability of Virage's award-winning platform and also allows Virage development partners to showcase their offerings.
"The race is on within the streaming media industry to develop a platform capable of supporting a broad array of multimedia applications. Companies that truly support open architectures, such as Virage, will have the best chance at snaring a long-term leadership position in the development of these platforms that are likely to play a major role in defining how streaming media is adopted in enterprise and consumer-oriented applications," said Steven Vonder Haar, analyst at the Yankee Group. "Just as Quark prospered with an open-architecture that allowed third-party extensions for the print publishing industry, Virage platform adoption by partners and developers mirrors this concept within the video publishing industry."
The Virage platform consists of tools and applications that transform video for online use, and provides an open-ended architecture that can be leveraged by third-party developers to integrate interactive digital video into mission critical enterprise applications, such as e-learning, product development and compliance, brand management, corporate communications, and content syndication on the Web. The developer tools are in their fourth generation and cover every aspect and integration point in the areas of video encoding, indexing, automation, content management, publishing and application hosting. The platform allows partners to leverage and extend Virage's industry-leading feature set and not waste time and scarce engineering resources building out baseline infrastructure to handle and exploit time base media.
"Finally, with Virage Video Application Platform, companies can start realizing the tremendous potential for knowledge transfer inherent in video-based knowledge assets," said Chuck Luce, analyst at the Delphi Group.
"Virage has always stressed an open platform approach to technology combined with a strong developer partnering program. The result has been the enthusiastic and rapid adoption of our platform and expanded offerings for our customers," said Paul Lego, chairman and CEO of Virage. "Companies dedicate many valuable resources to work on the Virage platform. We are pleased that we can, with the help of our partners and developers, offer our customers a broad range of choices and possibilities for their video application needs."
You can visit the Virage Video Solution Marketplace on the Virage partner pages at http://www.virage.com/partners. Click on Marketplace.
What Virage Partners are saying:
"IBM is an active and satisfied Virage development partner. Virage's industry-leading technology has become dominant in the marketplace. The Virage platform's flexibility and open-ended design allows IBM to work easily and comfortably on further developments that extend IBM's existing Media Production Suite asset management solution, while at the same time providing valuable resources for our customers."
--Dave Trumbo, Media Production Suite Product Manager, IBM
"Together, Network Appliance and Virage offer a unique, cost-effective enterprise streaming media solution. The Virage Video Application Platform integrates seamlessly with our Center-to-Edge ™ solutions, giving customers powerful capabilities to encode, index, store, dynamically publish and deliver high quality video throughout corporate networks. This combination helps companies cut costs and increase productivity within their e-learning and corporate communications initiatives."
--Amit Pandey, Senior Director of Content
Delivery Marketing, Network Appliance
"For over 3 years, WebWare has enjoyed a close relationship with Virage. Their technology has consistently been excellent and also a cornerstone of our video-related offerings to our Brand Resource Management customers. While the word "partner" is all too often bandied about in press releases, Virage actually delivers. They say what they're going to do, then actually do it. Their technology works, works well, and provides several paths to its usage that are accessible from people whose skill sets range from "webmaster" to hard-core programmer."
--John C. Fox, Chief Technical Officer, Webware Corporation
"We extensively evaluated several vendors and technologies in the video content management area, and Virage's platform was far and away the most mature, robust and full-featured of them all. The elegant architecture and quality documentation and support allowed us to develop solutions rapidly. It worked exactly like Virage said it would."
--Marzio Laurenti, President and CEO, Telespazio Latin America
"A joint solution combining the intelligence of CacheFlow's Content Delivery Architecture with Virage's Video Application Platform offers a robust, highly scalable and efficient solution to video-enabled corporate networks. The Virage platform combined with CacheFlow's cIQ™ Content Delivery Architecture offers companies a comprehensive end-to-end solution for e-learning and corporate communications."
--Frank Cabri, Director of Marketing, CacheFlow, Inc.
"Virage is a true leader in video solutions. Generic Media is pleased to have partnered with Virage to provide custom streaming services for broadcast and wireless that deliver applications across multiple formats, devices and platforms. With their Video Solution Marketplace, Virage is aggressive both with technology development, and getting those solutions into the hands of top customers."
--Peter Hoddie, CEO, Generic Media
"There is a natural fit between Virage, which delivers powerful online video solutions, and Telestream's automated streaming media publishing products. Virage provided a solid, well-documented SDK which has allowed us to quickly integrate our products with theirs for a complete indexing/encoding/publishing solution. We found Virage to be partner-friendly and highly responsive to our needs and to those of our customers."
--Shawn Carnahan, Chief Technical Officer, Telestream
"Virage's technology was clearly developed with special attention to integrate and add further value to complementary technologies such as Javu's Video Processing Server. Virage software is easy to use and consistently lives up to our customers' expectations."
--Daniel Stein, President, Javu Technologies
"Virage's scalable platform provided X-Art with the opportunity to present our customers with every benefit derived from Virage's industry-leading technology. X-Art is extremely pleased with the ability to develop further aspects of the platform for mutual benefit of both companies, as well as our customers."
--Andreas Pongratz, Chief Technical Officer, X-Art
"The Virage developer program has been one of the most effective means for DSMCi to build over 13 enhancing applications and plug-ins around their numerous applications for the last five years. The stability in their architecture and SDK has allowed us as integrators to develop without the 'fear to re-engineer'. Furthermore, with Virage's consistent business model, great lead generation, and excellent sales and business development support we have grown our customer base dramatically in both entertainment, education and government while enhancing the overall solution set with and for Virage."
--Duane Shugars, CEO, DSMCi
"Virage's partner-friendly architecture allows us to easily integrate leading video indexing technology with TEAMS, giving our customers additional ways to quickly access video for reuse and leverage the value of their video assets. In addition, these capabilities, accessible through an open, easy-to-use interface, provides added convenience for our customers."
--Dipto Chakravarty, Chief Technical Officer, Artesia Technologies
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 250 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 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 serve", "will be" 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 http://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 and VideoLogger are registered trademarks and the Virage logo, Video 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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