America Online, Inc. (AOL) Chooses Autonomy's Virage Technology For Video Broadcast Platform
SAN MATEO, Calif. December 09, 2003 -- Virage, Inc. a wholly owned division of Autonomy Corp. (Nasdaq: AUTN; LSE: AU.) and a leading provider of video and rich media communication software, today announced that America Online, Inc., the world's leading interactive services company, had chosen Virage to power its video content delivery platform through the AOL(r) Broadband service.
AOL will use Virage Application Services to provide content processing for Video@AOL, a powerful new global video hub with a broad collection of broadband content, including news, music, movies, television, sports, local weather, games, travel, and original programming. Video@AOL is a premier, one-stop, on-demand video destination. Together with built-in safety and security features, advanced communication tools, custom spam filters, and "anywhere, anytime" AOL features, Video@AOL makes AOL for Broadband the most complete broadband experience that can be added to any basic cable or DSL connection.
America Online is also using Virage's built-in capabilities to assemble content reels and assign them to AOL channels. For high-volume content such as breaking news, AOL is using the software's auto-packaging feature to make 3rd party content feeds immediately available on Video@AOL. Using Virage, AOL producers can program more timely and relevant broadband content for AOL members. AOL is the industry's leading Internet broadcaster, according to Arbitron.
"Our goal is to deliver the industry's best broadband experience to our members while also providing superior branding, advertising and commerce opportunities to our content partners," said George Escobar, executive director of broadband services for AOL Broadband. "After looking at a variety of solutions, we decided that Virage has the right combination of experience and technology to meet our needs."
"We are processing a wide variety of content feeds automatically and adding hundreds of new video assets per week. So far, we've created an index of thousands of videos on our hosted servers. There is certainly a lot of content available to the AOL programmers and the AOL for Broadband end users," reports John Krull, senior director of Application Services at Virage.
"We're proud to be working with a broadband leader such as AOL," said Paul G. Lego, chief executive officer of Virage. "The time is right for content services dedicated to broadband consumers, and we're excited to work alongside AOL to provide the best consumer experience."
About Virage
A wholly owned subsidiary of Autonomy Corporation plc (LSE:AU., NASDAQ:AUTN), Virage is a leading provider of rich media communication and content management software for corporations, media and entertainment companies, universities and government agencies worldwide with more than 400 customers and more than 125 partners. Virage customers include Cisco Systems, Empire Blue Cross Blue Shield, Harvard University, NASCAR, Oracle Corporation, Pfizer, the United States Senate, Xerox and many more. Headquartered in San Mateo, California, Virage has offices throughout the United States and Europe. For more information about the company, its products, and customers, please visit www.virage.com.
About Autonomy
Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including call center, customer relationship management, knowledge management, enterprise portals, enterprise resource planning, online publishing and security applications. The Autonomy group of companies includes Aungate, a leading supplier of electronic communications management for regulatory compliance in the enterprise; Audentify, a leading supplier of next-generation contact center technology and Virage, a leading provider of video and rich media communication software. Autonomy's customer base includes more than 1000 global companies including BAE Systems, Ford, Ericsson, Royal Sun Alliance, Sun Microsystems and public sector agencies including the U.S. Department of Defense, NASA and the U.S. Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Brio, Citrix, Computer Associates, EDS, IBM Global Services, iManage, Novell, Novient, Vignette and Sybase. The company has offices worldwide.
Caution Concerning Forward-Looking Statements
With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, technology risks, including dependence on core technology; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors, which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Annual Report on Form 20-F and Registration Statements on Form F-1.
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