Virage Announces Next Generation Server for Enterprise Rich-Media Applications
SAN MATEO, California - February 13, 2002 - Virage, Inc. [NASDAQ: VRGE], today announced the release of the Virage Solution Server™ 4.0, the latest generation of its rich-media server. The new server includes best-of-breed search technology from Verity and now supports a wide range of data formats including images and documents. Virage is a leading provider of enterprise rich-media application software.
"The release of the new server strengthens Virage's solutions significantly," said Paul Ritter, an enterprise-streaming analyst at the Yankee Group. "More corporations are using streaming media for mission-critical applications such as corporate communications, employee training, and marketing. The Virage platform and packaged solutions for webcasting and publishing provide companies with a capability to improve efficiency by developing and managing rich-media applications. These applications support video as well as the wide range of other data types that almost every corporation uses today."
The Virage Solution Server incorporates Verity's new K2 Developer tools. By adding Verity's latest search technology, the new server provides improved search capability and gives customers greater efficiency and scalability in managing large repositories of video, audio, images and text. This new version allows organizations to better implement mission-critical applications such as corporate communications, training and security.
"The Virage Solution Server provides us with an integrated platform on which to build end-to-end solutions for more complex video-based applications," said Joe Gordon, CEO of Leading Edge Design Systems, a certified Virage systems integrator. "With Virage Solution Server and the Virage SmartEncode™ family of products, we can now work with one product suite and build systems for our government and corporate customers who work primarily with video content and also need to manage related media, such as text and images."
Virage Solution Server 4.0 comes with a complete set of developer tools for third parties to develop their own customized solutions. Integrators or customers, for example, can build customized reporting tools and create highly personalized end-user experiences. The latest server version strengthens Virage's powerful rich-media application software platform, which includes the company's SmartEncode™ family of products and the Virage Solution Server 4.0.
"Just last quarter, we introduced user management, folders, and playlists into our server platform," said Dave Girouard, senior vice president of marketing and corporate strategy for Virage. "This quarter, we're adding the world's best search technology, support for a wide array of image and document types, and significantly improved scalability and reliability. We're happy to say that all Virage solutions will benefit enormously from the improvements we've made to our core server platform."
Virage Solution Server 4.0 also comes with improved security capabilities, allowing customers to better integrate with their existing network security infrastructure and protect their valuable corporate assets.
New search features include stemming, thesaurus search, and improved support for non-Latin languages like Chinese and Japanese. In addition to commercially available streaming video formats, Virage Solution Server 4.0 also supports other document types including ASCII, MS Excel, MS Word, Microsoft Works, MS PowerPoint, Word Perfect, HTML, Unicode, Rich Text (.rtf), GIF, JPEG, and many others.
About Virage
Established in 1995, Virage is a leading provider of enterprise rich-media application software. Virage builds integrated rich-media business solutions for corporations, media & entertainment companies, universities and government agencies worldwide. Headquartered in San Mateo, California, Virage (www.virage.com) has offices throughout the United States, Europe and Asia-Pacific.
Forward-Looking Statements
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 enable,""will make" and "intends to," 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, but not limited to, our annual report on Form 10-K and Form 10-Q filings, 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. The determination of when Virage Solution Server 4.0, will be made available for general distribution, if ever, remains at the sole discretion of Virage, Inc.
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Virage and VideoLogger are registered trademarks. The Virage logo, SmartEncode and Virage Solution Server r are trademarks of Virage, Inc. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged. Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.
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