24/7 Media Catapults Past Broadband Competition to Bring New Opportunities to Interactive TV.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 22, 2001 Company Signs Agreements With SeaChange International  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . and Pace Micro Technology to Integrate its e.merge Suite of Digital Applications With Innovative Technologies 24/7 Media Inc. (Nasdaq:TFSM), the global leader in multi-platform interactive marketing, today continued its aggressive push into the broadband space by announcing agreements with two leading companies in the interactive television industry, SeaChange International (Nasdaq:SEAC SEAC Student Environmental Action Coalition SEAC Spongiform Encephalopathy Advisory Committee SEAC Southeast Archeological Center (National Park Service) SEAC South East Asia Command (Allies WWII) ) and Pace Micro Technology. 24/7 Media, Broadband & Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. (formerly IMAKE Software & Services Inc.) will integrate its e.merge suite of back office digital applications with SeaChange's ITV (1) See interactive TV. (2) (iTV) The code name for Apple's video media hub (see Apple TV). System, the world's most widely deployed video-on-demand (VOD See video-on-demand. VoD - video on demand ), and with Pace's set-top box The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. . The integration of e.merge provides increased ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). opportunities for distributors of digital entertainment by enabling centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. management and distribution of media assets (such as movies), real-time billing, the bundling and packaging of broadband services See broadband and broadband service provider. , as well as the ability to add commercial slots in front or back of video-on-demand streams. With SeaChange's top-selling media server, and Pace's set-top boxes, which are offered across all digital platforms, as well as Pace's status in the global market for pay television, distributors of digital entertainment can now support subscribers in real-time and open up valuable new revenue streams. "With the acquisition of IMAKE by 24/7 Media earlier this year, 24/7 Media inherited inherited received by inheritance. inherited achondroplastic dwarfism see achondroplastic dwarfism. inherited combined immunodeficiency see combined immune deficiency syndrome (disease). an eight-year heritage in interactive TV, and we're excited about these two partnerships which open up new opportunities for distributors of digital entertainment. The overall power of e.merge joined with SeaChange's exceptional media serving capabilities and Pace's world-renowned set top boxes will provide unprecedented one-stop shopping for the digital delivery market," said Mark Schaszberger, president of 24/7 Media's Broadband & Professional Services division. 24/7 Media recently boosted its broadband capabilities by integrating its e.merge suite of back office digital components with 24/7 Connect, the company's next-generation ad server, bringing its dynamic real-time targeted marketing application to the forefront of interactive television. As the most comprehensive back-office system, 24/7 Media's e.merge solves the growing problem of how to manage and monetize Monetize 1. To convert into money. 2. To convert from securities into currency that can be used to purchase goods and services. Notes: For example, you'll often hear Internet marketers talk about "monetizing website visitors. content in a digital age, providing the complex management of assets, contracts, scheduling and packaging for video-on-demand offerings, all operating from a single database. "In the increasingly complex world of broadband entertainment, distributors need a comprehensive solution to manage their assets and to deploy new broadband offerings. We are partnering with 24/7 Media to meet that need and offer new opportunities for revenue-generating services on a global scale," said Yvette Gordon, vice president, interactive technologies, SeaChange International. "We look forward to working closely with 24/7 Media to maximize the opportunities in the rapidly expanding interactive television market which is now open to a whole new world of marketing opportunities as well," said Helen Kettleborough, Pace Micro Technology. "As the viewing experience moves from a passive one to an active one, we now offer advertisers an opportunity to creatively capture this more engaged and more valuable audience with the power of our combined next generation tools." 24/7 Media's e.merge is hardware independent and supports video-on-demand services regardless of the distribution pipe. About Pace Micro Technology Identified by independent research analyst Dataquest, as Europe's largest digital set-top box manufacturer, Pace Micro Technology plc is one of the major players in the worldwide digital television market. Pace's Americas base is in Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla., and its headquarters is in Saltaire, Yorkshire. Pace's export activity earned it a Queen's Award last year. By August 1999 Pace had manufactured over 2.5 million digital set-top boxes that were delivered to 19 international (18 of whom launched their service with Pace product) broadcasters in the UK, Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Australasia and the Far East. Pace has also manufactured 6.5 million analog set-top boxes since it entered the pay television market in 1987. Pace is the only company to offer a complete digital solution across all five platforms: digital satellite, terrestrial, cable, MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. and xDSL. Despite the fact that Pace was competing against the major consumer electronics heavyweights in the UK, it was the sole launch supplier of digital receivers to SkyDigital for its launch of digital satellite in the UK in October 1998. It was also the launch partner for Cable & Wireless Communications' rollout of digital cable TV in the UK and one of the first to supply to ONdigital for its digital terrestrial TV launch in November 1998. Year-end 1999, NTL NTL Nevertheless NTL National Transportation Library NTL Norsk Tjenestemannslag NTL National Training Laboratories NTL Never Too Late NTL Nothing to Lose NTL National Training Laboratory NTL None the Less NTL Number Theory Library and Telewest successfully launched digital cable using Pace's digital cable technology. About SeaChange International SeaChange International Inc. is the world leader in digital video systems. The company creates powerful server and software systems that manage, store and distribute professional-quality digital video for interactive, play-to-air and advertising applications. SeaChange's innovative products are based on a scalable, distributed software architecture and standard technology components to continually deliver exponential 1. (mathematics) exponential - A function which raises some given constant (the "base") to the power of its argument. I.e. f x = b^x If no base is specified, e, the base of natural logarthims, is assumed. 2. improvements in digital video cost-performance. As a result, SeaChange enables broadband, broadcast, satellite and new media companies to streamline operations and reduce costs, allowing for expanded services, new applications and increased revenues. SeaChange is headquartered in Maynard, Mass., and has product development, support and sales offices throughout the world. Visit www.seachangeinternational.com. About 24/7 Media Inc. 24/7 Media Inc. is a leading global provider of end-to-end advertising and marketing solutions for Web publishers, online advertisers, advertising agencies, e-marketers and e-commerce merchants. 24/7 Media provides a comprehensive suite of media and technology products and services that enable Web publishers, online advertisers, advertising agencies and e-marketers to attract and retain customers worldwide, and to reap the benefits of the Internet and other electronic media. The company's solutions include advertising and direct marketing sales, ad serving, promotions, e-mail list management, e-mail list brokerage, e-mail delivery, data analysis, loyalty marketing and convergence solutions, all delivered from the company's industry-leading data and technology platforms. The company's 24/7 Connect ad serving technology solutions are designed specifically for the demands and needs of advertisers and agencies, Web publishers and e-commerce merchants. 24/7 Media is a global company headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . For more information, visit www.247media.com. |
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