ACTV And Qpass Sign Inter-Operability Agreement.Business Editors The Western Show 2000 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 & SEATTLE--(BUSINESS WIRE)--Nov. 30, 2000 Qpass Commerce Technology to be Integrated with ACTV's SpotOn(sm) Digital iTV Advertising Service ACTV ACTV Active ACTV Activate ACTV Azienda del Consorzio Trasporti Veneziano (Venice Public Transport Company, Italy) ACTV Advanced Compatible Television , Inc. (Nasdaq: IATV), a pioneer of interactive digital TV (iTV) and enhanced media programming and services, and Qpass, a global leader in digital commerce services, today announced an agreement to integrate Qpass' Connected Commerce Platform and eWallet transaction services with the SpotOn(sm) iTV advertising service from ACTV subsidiary Digital ADCO ADCO Abu Dhabi Company for Onshore Oil Operations ADCO Alcohol and Drug Control Officer ADCO Air Defense Control Center ADCO Alcohol & Drug Control Office ADCO Air Defense Communications Office ADCO Air Defense Coordination Organization , Inc. As part of the inter-operability agreement, the companies will integrate ACTV's proprietary software-based technologies that serve as the foundation of the SpotOn service with Qpass' digital commerce transactional infrastructure applications. Incorporating the two technologies will enable network operators who deploy SpotOn to have access to a secure commerce infrastructure to support TV-commerce transactions between integrated online merchants and their customers for the sale of content, goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , as well as couponing cou·pon·ing n. The sending out or turning in of coupons, especially the regular redemption of a manufacturer's coupon for cash. and other permission-based marketing initiatives, via current generation digital set-top boxes 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. and advanced set-tops. "Addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be , interactive TV advertising represents a huge, untapped revenue opportunity for network operators, marketers, and merchants," said Chase Franklin, co-founder 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 Qpass. "At Qpass, we're committed to enabling next-generation commerce on the interactive TV platform. ACTV's SpotOn service offers a powerful, end-to-end system for delivering compelling and valuable advertising content in a digital world. The synergy between the two is obvious. We're excited to be working with them to provide a commerce infrastructure for interactive television that will make it as easy as possible for digital subscribers to buy goods and services directly from the ads they see on their TV." "The integration with Qpass is another significant step in the development of SpotOn as the most robust iTV advertising service available," said Kevin Liga, iCEO of Digital ADCO, Inc. and ACTV's chief technology officer. "Together, we are helping to move traditional TV advertising into the digital age, and are offering viewers an exciting, easy and secure way to shop and interact as they play an active role in this TV advertising revolution." The Qpass commerce services will eliminate the need for digital subscribers to enter personal or credit card information with each transaction, or with each individual merchant advertiser. Qpass securely stores and manages subscriber data and payment-related information, delivers the relevant information directly into the merchant's order processing system, and captures and stores a digital receipt for future review by the subscriber. Qpass also provides a unified customer service and account management experience that will be accessible to digital cable subscribers through their cable set-tops or via the Internet. In contrast to other new technologies that allow viewers to zap A command that typically deletes the data within a file but leaves the file structure intact so that new data can be entered. See wipe. 1. (language) ZAP - A language for expressing program transformations. ["A System for Assisting Program Transformation", M.S. out TV commercials, SpotOn, the advertising application of ACTV's One To One TV software, focuses on making TV advertising more meaningful and useful for viewers. SpotOn is designed to deliver targeted commercials based on viewers' interests, allowing them to see ads that are truly relevant while providing access to value-added information and special offers from the advertisers. Its goal is to dramatically improve the effectiveness of TV advertising and, for the first time, bring real accountability to an advertiser's media buy. SpotOn can be delivered via digital cable, digital satellite, or digital broadcast television. About Qpass (www.qpass.com) The global leader in digital commerce services, Qpass provides the commerce infrastructure for next-generation transactions across the Internet, broadband and mobile networks and devices. Integrating its flagship Digital Commerce Service, a cross-site transactional solution for the sale of content and services via IP networks, with its industry-leading electronic wallet See digital wallet. technology, the Qpass Connected Commerce Platform enables the sale of content, goods and services across a full range of networks and devices - including personal computers, wireless phones, PDAs and interactive television - by providing persistent, portable payment credentials, a consistent purchase experience and universal account management capabilities. Founded in 1997, Qpass is based in Seattle, WA. The company is privately held. About SpotOn(sm) ACTV created its Digital ADCO, Inc. subsidiary with Motorola Broadband Communications Sector to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties" define, delimit, delimitate, delineate, specify - determine the essential quality of 2. traditional TV advertising. Digital ADCO's SpotOn service is founded on an array of system technologies, including ACTV's patented One To One TV(sm) software and Motorola's digital interactive platform. SpotOn allows viewers to choose and interact with television commercials; it empowers advertisers to deliver commercials to households most likely to respond to them; and it allows television network operators to generate new advertising and TV commerce revenues. SpotOn is compatible with all of the leading digital interactive platforms and set-top terminals, including those currently deployed. SpotOn services are provided to cable and satellite system providers, advertising interconnects, broadcast and cable television networks and programmers, and leading consumer product advertisers, advertising agencies, and media buyers. For more information, visit http://www.spoton.tv. About ACTV, Inc. ACTV, Inc.'s (Nasdaq: IATV) patented enhanced media technologies are incorporated into the company's Enhanced Media Services, Inc. subsidiary. The enhanced media technologies are marketed under the brand names HyperTV(R) (http://www.hypertv.com) and Bottle Rocket A bottle rocket is a very small skyrocket. A typical bottle rocket consists of a rocket engine attached to a stabilizing stick. The user can place the stick in an empty bottle (hence the name), and ignite the rocket engine; the mouth of the bottle guides the stick, stabilizing the (http://www.bottlerocket.com), among other products and services. ACTV also created interactive, one-to-one digital television with its proprietary One To One TV(sm) software and programming capabilities. SpotOn(sm), the advertising application of One To One TV, is a service of ACTV subsidiary Digital ADCO, Inc (http://www.spoton.tv). ACTV has developed an extensive patent portfolio that broadly covers the core methodologies for enhancing television, radio and other audio visual programming with an array of synchronous Refers to events that are synchronized, or coordinated, in time. For example, the interval between transmitting A and B is the same as between B and C, and completing the current operation before the next one is started are considered synchronous operations. Contrast with asynchronous. and non-synchronous Internet-based functions, and for the creation and delivery of interactive, one-to-one digital television. Based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , ACTV has key strategic relationships with many of the dominant players in the Internet, television and digital technology fields, including Liberty Digital, Inc. (Nasdaq: LDIG), Motorola (NYSE NYSE See: New York Stock Exchange : MOT) Broadband Communications Sector, OpenTV (Nasdaq and AEX AEX See: Amsterdam Exchange : OPTV), and Liberty Livewire Corporation (Nasdaq: LWIRA). For more information, visit http://www.actv.com. This news release contains 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. as defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the companies, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the companies disclaim dis·claim v. dis·claimed, dis·claim·ing, dis·claims v.tr. 1. To deny or renounce any claim to or connection with; disown. 2. To deny the validity of; repudiate. 3. any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion