[2] PayForView.com Signs Streaming Media Services Agreement With INTERVU Inc.VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 15, 1999-- On behalf of the Board of PayForView.com (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PAYV.OB), Marc Pitcher, President, announced that PayForView.com has entered into an agreement with INTERVU Inc. (Nasdaq/NM:ITVU) of San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. to provide on-demand Internet streaming services, for all of PayForView.com's video and audio content. Under the terms of the agreement, INTERVU will provide the streaming technology for all audio and video content formatted in Microsoft's Windows Media Player Digital jukebox software for Windows from Microsoft that plays a variety of audio, video and streaming formats including MP3, WMA, CD audio and MIDI. Starting with Version 6.2 in 1999, the Windows Media Rights Manager was added for securing copyrighted content. , at 56K, 128K, 300K speeds and above. INTERVU will also provide detailed monthly reporting statistics including the number of streams served and the average length of viewing -- information that PayForView.com will use to establish a sliding scale slid·ing scale n. A scale in which indicated prices, taxes, or wages vary in accordance with another factor, as wages with the cost-of-living index or medical charges with a patient's income. for its banner advertising Banner Advertising A common form of advertising on the internet. The banner is an advertisement of 460x68 pixels, usually placed at the top of the page Notes: For an example, just look at the top of a page on almost any popular web site. and streaming commercial rate card. The move is in preparation for PayForView.com's first quarter 2000 launch. The PayForView.com Web site is currently being redesigned to reflect the company's intention to expand its services and profile in the industry. INTERVU provides services for the delivery or "streaming" of live and on-demand video and audio content over the Internet. INTERVU uses a scalable, patented distribution network comprised of servers strategically located in major Internet hosting centers. INTERVU's current customers include CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. , Microsoft, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. and Turner Broadcasting. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by PayForView.com) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Internet industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. |
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