[0] Inetcable.com Places Initial Order With USA Video Interactive For North America Deployment.Business/Technology Editors MYSTIC, Conn.--(BUSINESS WIRE)--Sept. 13, 2000 Inetcable.com (www.inetcable.com) has placed the first in a series of orders with USA Video Interactive (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : USVO; CDNX CDNX See Canadian Venture Exchange (CDNX). : US; www.usvo.com) for the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. deployment of its video application service. The North American deployment is the first step by Inetcable.com in an aggressive worldwide plan that includes at least 4,500 satellite downlink units and 100 satellite uplink units over the next three years. This initial order is for eight encoding suites equipped with 1-gigahertz processors and for upgrades of ten previously supplied encoders. The order is worth approximately half a million dollars. In recent testing, USA Video Interactive and Inetcable.com engineers achieved broadcast-quality results at the 200k level (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary and cable modems) and 1MB level (high speed DSL), and very high quality, 30 frames per second video at the 56k level (home modems). "In this joint venture with USA Video Interactive, we believe we are the first in the world to achieve such high frame rates over the Internet," said Ted Boyle, President of Inetcable.com. "Now we need to speed up our schedule for deployment to bring this product to a ready and anxiously-waiting market." "The technical results are especially significant because we are getting good-quality, full-motion video Video transmission that changes the image 30 frames per second (30 fps). Motion pictures are run at 24 fps, which is the minimum frequency required to eliminate the perception of moving frames and make the images appear visually fluid to the eye. at 56k - the best I've seen. This is very good news indeed to the more than 100 million people in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. with 56k dial-up modems," said Boyle. "But at the 200k and 1 Meg levels, the quality is absolutely astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, , like cable TV through the Internet and improving all the time." "With a worldwide market in excess of 200 million, and with Inetcable.com's worldwide satellite distribution capabilities, we are embarking on a landmark project of almost limitless proportions," said Boyle. "The faster we can deploy our systems, the better. We are first to market with this innovative system, and there is strong demand for it from ISPs and search engines." "This is further confirmation that true convergence The angle at which one meridian is inclined to another on the surface of the Earth. See also convergence. of Internet and broadcast TV is here today and we have the technology and the technical experts to bring it to reality now," said Edwin Molina, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of USA Video Interactive. The companies have a technology partnership for design and delivery of streaming broadcast video and live TV via the Internet. USA Video Interactive and Inetcable.com have designed a system that incorporates multicast video encoding, archiving and delivery as well as unicast video-on-demand utilizing USA Video Interactive technology and equipment via Inetcable.com's satellite network platform to Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. and other users around the world. The systems are based on a system demonstrated earlier this year at the North American Broadcaster's Association annual meeting in Florida. The concept behind the system is to avoid latency and other problems inherent in the Internet network itself by bypassing the "backbone" and delivering signals directly to ISPs. Live TV broadcast signals are routed to USA Video Interactive's WebcasterLive(TM) encoding engines where they are compressed using the latest state-of-the-art technologies, coupled with Inetcable.com's broadband viewer and caching software, then routed through USA Video Interactive Hurricane Mediacaster(TM) video servers to be broadcast via Inetcable's satellite distribution system. About Inetcable.com Inetcable.com is a video application service provider whose convergence backbone and portal delivers content via satellite in high quality, full motion video, to the worldwide population of Internet users. Inetcable.com delivers cable broadcast, cable specialty and pay per view services for broadband users in an effort to create the world's first Internet cable See cable Internet. television service. The Company's unique technology solution, industry relationships, and strategic partnerships will give it first mover advantage and put Inetcable.com in position to capture a significant portion of both North American and international market for streaming media. Though not publicly traded at this time, Inetcable plans an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. later this year. For more information about Inetcable.com, visit www.inetcable.com. About USA Video Interactive USA Video Interactive is an international designer and supplier of high-tech Internet streaming video and video-on-demand systems, services and innovative end-to-end solutions. The USA Video Interactive patented video technology gives users full-motion video; the flexibility of standard, VCR-like controls; and the convenience of a standard internet-browser format for access. It provides video images significantly faster and at a higher degree of resolution than with previously available methods; significantly overcomes bandwidth restrictions; and eliminates the blockiness and slowness of current technologies -- all at a lower cost and at or near broadcast quality. USA Video Interactive is nearing completion of a patented Wavelet compression technology that will further enhance the company's ability to deliver Internet video to home modem users and reduce storage and download-time requirements for all users, including those with broadband connections. For more information on USA Video Interactive, visit http://www.usvo.com Inetcable Inc. Corporate Headquarters Office: 2211 Thurston Drive; Ottawa, Ontario K1G 6C9, Canada. For more information: Heidi Horwat, Director of Marketing and Sales, (613) 248-1000, Extension 209 hhorwat@inetcable.com USA Video Interactive Corporate Headquarters Office: 70 Essex Street; Mystic, CT 06355; (800) 625-2200; (860) 572-1560. Canada Office: 837 West Hastings Street; Suite #507; Vancouver, B.C. V6C 3N6. Trading symbol Trading symbol See: Ticker symbol on the OTCBB: USVO; Trading symbol on The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) : US. Standard & Poors Listed. CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. 902924208; USA Video, USA Video Interactive, Video-On-Demand and Video Yellow Pages are trademarks of USA Video Interactive. The Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For more information contact: Tony Castagno, Media Relations, 860-572-1560; Kevin Yorio, Investor Relations Investor relations The process by which the corporation communicates with its investors. , 860-572-1560; info@usvo.com This press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described. |
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