VIRAGE TO LAUNCH NEXT GENERATION VS ARCHIVE™, VS WEBCASTING™, VS NEWS MONITORING™ AND SMARTENCODE™ AT IBC 2004
Enhancements Provide Advanced Security, Customization and Flexibility for Managing Rich Media Content
SAN FRANCISCO, Calif. - September 8, 2004 - Virage, Inc., a division of Autonomy Corp. (Nasdaq: AUTN; LSE: AU.) and a leading provider of rich media communication and content management software, today announced feature enhancements to its VS Archive, VS Webcasting, VS News Monitoring and SmartEncode products. Virage will demonstrate these solutions at the Virage booth #8.430 at the Amsterdam RAI at IBC 2004.
"Our customers are able to manage the full range of structured and unstructured information including video, voice and text using the Virage suite of products," said Stouffer Egan, CEO North America, Autonomy. "These latest enhancements provide advanced security, customization and flexibility in retrieving, categorizing and delivering rich media communications and content."
"Today's organizations need to index and manage more then just text," said Joshua Duhl, Analyst for IDC. "Video, audio and image files are becoming an increasing part of their corporate digital resources. Virage's infrastructure, based on Autonomy's IDOL platform, enables companies to access and use information stored across the range of formats that are part and parcel of conducting business successfully in the digital age."
VS Archive, a software solution used by enterprises to store, categorize, manage, retrieve and distribute video, audio and other rich media content, has a new enhanced Software Developer's Kit (SDK), which offers a complete set of tools and interfaces built around the open architecture of VS Archive. The SDK provides developers and systems integrators access to the full range of VS Archive functions for custom integration of searchable video into any enterprise solution. In addition, the latest version of VS Archive adds support for Active Directory service, providing Virage customers with another security option for centrally managing policy-based access control to assets, and rounding out Virage's existing support for a range of security platforms including LDAP.
VS News Monitoring is a real-time monitoring and content management solution used by enterprises and government agencies such as the U.S. Department of Defense, U.S. Army, U.S. Navy, and Center for Disease Control, to automatically track content for time sensitive, strategically significant events. The next generation VS News Monitoring includes full support for Real Network's Media format to provide output with metadata.
VS Webcasting is an enterprise software solution that simplifies and streamlines the entire workflow for producing live Webcast events and on-demand or re-broadcast presentations for large audiences. New features to VS Webcasting include run-time support for SCORM (Sharable Courseware Object Reference Model), the unifying standard for reusability and portability of eLearning content. In addition VS Webcasting now includes support for Active Directory service to further expand Virage's security compatibility.
Virage SmartEncode software works simultaneously and in real-time to control, automate and integrate video workflow and enable customers to capture, encode and index video and other rich media. VideoLogger forms the heart of the SmartEncode process, allowing simultaneous, automatic encoding and indexing of video and other rich media in real time. The next generation of Virage VideoLogger adds support for the capture of audio and video from any Windows Driver Model (WDM) device, including audio video (AV) and timecode information from IEEE1394 digital video (DV) devices using Microsoft's DV Camera and VCR driver.
For more information about VS Archive, VS Webcasting, VS News Monitoring and SmartEncode, please go to http://www.virage.com/.
About Virage
A division 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 450 customers and more than 100 partners. Virage customers include Cisco Systems, CNN, Empire Blue Cross Blue Shield, Harvard University, NASCAR, Oracle Corporation, Pfizer, the United States Senate, Xerox and many more. Headquartered in San Francisco, California, Virage has offices throughout the United States and Europe. For more information about the company, its products, and customers, please visit http://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. 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.
The Autonomy Group of companies includes: Aungate, a leading supplier of electronic communications management technology for regulatory compliance in the enterprise; Audentify, a leading supplier of next-generation contact center technology; and Virage, a leading provider of rich media communication and content management software.
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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