Virage Announces Technology and Sales Alliance with EMC
SAN MATEO, Calif. -- April 29, 2002 - Virage, Inc. (NASDAQ: VRGE) today announced it has entered into a technology agreement with EMC Corporation to integrate the Virage software platform with the newly announced EMC Centera content addressed storage (CAS) solution. EMC's Centera represents a new software-driven storage architecture built to address the unique information storage requirements of long-lasting, unchanging digital objects such as video. Virage is a leading provider of video and rich media communication software.
As part of the agreement, Virage will integrate its core platform with EMC's Centera to provide scalable, high-performance storage for each Virage software solution: VS Webcasting, VS Learning, VS Publishing and VS Production. The integration combines market-leading applications for digitizing, managing, retrieving and distributing video and other rich media assets with a storage infrastructure that can meet the high security, performance, and reliability demands they require. Integrated product solutions will be available in May 2002 through Virage professional services.
"Given the nature of our software solutions, it's not surprising that Virage customers are generating enormous collections of digital media," said Dave Girouard, senior vice president of marketing and strategy at Virage. "For many customers, this content will continue to grow into multiple terabyte or even petabyte-sized collections. We know that many of our customers are asking for a reliable solution like Centera that will allow them to preserve and re-use these mission critical assets in the future."
The combined solution provides improved communications and productivity, significant cost savings, and secure and reliable digital content management for corporations, media & entertainment companies, universities and government agencies worldwide.
"Virage is providing some of the most exciting enterprise rich media software applications available," said Tom Heiser, vice president and general manger, Content Addressed Storage at EMC. "Centera's ability to provide fast access to content, while still maintaining its integrity makes Virage applications even more practical and scalable today."
Virage software solutions include:
VS Webcasting™ - a solution for planning and producing interactive, live webcasts as well as on-demand searchable events
VS Learning™ - allows organizations to create, manage, publish and view rich-media training courses, online learning applications, presentations and briefings
VS Publishing™ - allows media & entertainment companies and others with branded content to turn their video and other rich-media content into compelling Internet programming
VS Production™ - a solution for professional video production that streamlines the production workflow from content acquisition to distribution
About Virage
Established in 1995, Virage is a leading provider of video and rich media communication 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 and Europe.
About EMC
EMC Corporation (NYSE: EMC) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at www.EMC.com.
Forward Looking Statements
This press release contains "forward-looking" statements about the products and services of Virage and EMC and, 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 integrate,""will continue", "will be available", "will allow" 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 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.
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Virage and the VideoLogger are registered trademarks. The Virage logo, SmartEncode and the Virage Solution Server are trademarks of Virage, Inc., as are VS Webcasting, VS Publishing, VS Learning and VS Production. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged
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