(STAW) Streamedia Announces Year-End Results; Public Invited to Hear Management Discuss Corporate Status and Plans.Business Editors/Hi-Tech Writers NEW YORK--(BUSINESS WIRE)--March 31, 2000 Streamedia Communications, Inc., www.streamedia.net (Nasdaq: SMIL (Synchronized Multimedia Integration Language) Pronounced "smile." A format for delivering and synchronizing multimedia content on the Web. Introduced in the summer of 1998 by the W3C, it is a document type (DTD) of XML and provides the timing commands that , SMILW; BOS: STA (STAtion) Shorthand for a client node in a network. In a wireless network, the STA typically communicates with the AP (access point). See wireless LAN. , STAW) today announced that its financial results for the year ended December 31, 1999 are now available. The Company filed its Form 10-KSB with the Securities and Exchange Commission (SEC) on March 30, 2000. The Form 10-KSB can be viewed at the web site www.freeedgar.com. The Company will host an investor conference call at 4:15 PM EST EST electroshock therapy. EST abbr. electroshock therapy on April 5. Investors in the U.S. can access the call by dialing 800/523-6109 prior to the start of the call; international investors should call 847/413-2907. Management is pleased to report that it has been receiving a substantial number of requests for information regarding the Company's status and plans. So that Streamedia can better meet the growing demand for such information, Management strongly encourages participants on the conference call to send questions via e-mail to info@streamedia.net. Appropriate personnel will directly respond to as many investor questions as possible within the timeframes allotted al·lot tr.v. al·lot·ted, al·lot·ting, al·lots 1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame. 2. to the conference call. Questions may be e-mailed at any time between now and Tuesday, April 4, at twelve noon, EST. Questions will be addressed only during the public conference call; we regret that we cannot respond individually to each e-mail. For the convenience of shareholders and all interested parties, a digital replay of the call will be available from 5:15 PM EST April 5 until 11:00 PM EST April 6. U.S. investors can access the replay by calling 800/227-7114, and international investors should call 402/222-9741. The replay passcode number is 2198839. For still further convenience, Streamedia will record the conference call, and make the audio available via streaming media See streaming audio, streaming video and digital media hub. in G2 format from Real Networks (NASDAQ: RNWK RNWK Real Networks (stock symbol) ). The streaming media archives will be posted at www.streamedia.net. About Streamedia Communications Streamedia Communications, Inc. (www.streamedia.net) is a digital media and broadband entertainment company broadcasting via the Internet. Its showcase product, The Streamedia Networks(TM), integrate entertaining, interactive, streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. and video with dynamic, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. news and information feeds delivered via its own StreamWire(TM). Streamedia's professional broadcast producers create original, compelling programming for all audiences. Streamedia has launched the first of its planned networks and their associated channels on the Web including the Streamedia Sports Style Network, CrimeBroadcast, Women on the Edge and the Motion Art Network. The soft launch for these channels may be viewed at http://www.streambroadcast.com. Key enhancements to the technology and viewer experience, as well as a broader range of content and a completely redesigned user interface, will be added during the second quarter. The Streamedia Digital Solutions(TM) umbrella, a set of business-to-business solutions, includes rich media production services, technical services, web development and integration, encoding See encode. , hosting and streaming. A first step for most clients is a media asset analysis, which Streamedia's technical and content experts conduct to determine how a corporation, organization or website can best deploy its resources and outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. options. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Factors that could cause or contribute to such differences include continued acceptance of the Company's products in the marketplace, the timing of significant orders, delays in the Company's ability to develop or ship new products, market acceptance of new products, competitive factors, general economic conditions, currency fluctuations, and other risks detailed in the Company's registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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