Akimbo Wins Popular Science's Annual Award; Internet-to-TV Video-On-Demand Service Is Honored As ``Best of What's New''.SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- Akimbo(TM) Systems announced today that its Akimbo Service and Player have won a coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. "Best of What's New" award from Popular Science in the Home Entertainment category. The Akimbo Service provides videos from the Internet to any television, allowing consumers to choose the content they want and view it on-demand when they want it. Akimbo's "Queue and View(TM)" feature lets consumers select programs for download to the Akimbo Player through a broadband-Internet connection, and view them on their televisions. Each year, the editors of Popular Science review thousands of products in search of the top 100 technology innovations of the year, breakthrough products and technologies that represent a significant leap in their categories. The winners -- The Best of What's New -- are awarded inclusion in the much-anticipated December issue of Popular Science -- the most widely read issue of the year. "Best of What's New is the ultimate Popular Science accolade, representing a year's worth of work evaluating thousands of products," said editor Mark Jannot. "These awards honor innovations that not only impact the way we live today, but change the way we think about the future." "We are incredibly honored to receive this award from the editors of such a prestigious publication," said Steve Shannon Steve Shannon (b. April 5, 1971 in Berkeley, California) is an American politician. Shannon, a Democrat, has been a state delegate from Virginia representing the 35th District since 2003. , founder and executive vice president of Akimbo. "During the years that we've been creating Akimbo, our goal has been to provide a service that would introduce a new era of much greater choice and control for television users. Having Popular Science recognize Akimbo shows that we are well on the road to achieving what we set out to do." The Akimbo Service works with the Akimbo Player, a stylish set-top box that can store up to 200 hours of video, and provides consumers with viewing controls such as pause, rewind and archive. The Akimbo Player is easy to use, with an intuitive onscreen on·screen or on-screen adj. & adv. 1. As shown on a movie, television, or display screen. 2. Within public view; in public. program guide and a customized remote control. The Akimbo Player utilizes widely adopted technology for playback including Windows Media 9 technologies for audio and video compression, and digital rights management. The Akimbo Player is available exclusively through Amazon at www.amazon.com through the holiday season. The Akimbo Service automatically delivers an onscreen program guide filled with channels, video previews, editorial information and viewer options like parental controls. From the guide, Akimbo subscribers choose which programming they would like to download to the Akimbo Player for later viewing. Then, each time Akimbo Service subscribers turn on their TVs, they have new videos, previews and editorial information waiting for them. The Akimbo Service works with any broadband-Internet connection, either 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 or cable modem, and a home network. Consumers simply connect their wired or wireless home networks to their Akimbo Players, which then connect to their televisions through standard A/V (1) (Audio/Video) Refers to equipment and applications that deal with sound and sight. The A/V world includes microphones, tape recorders, audio mixers, still and video cameras, film projectors, slide projectors, VCRs, CD and DVD players/recorders, amplifiers and cables. The basic Akimbo Service is available at www.akimbo.com and the basis service fee is waived for customers signing up through the end of the year. About Popular Science Founded in 1872, Popular Science is the world's largest science and technology magazine with a circulation of 1.45 million and 6.5 million monthly readers. Each month, Popular Science reports on the intersection of science and everyday life, with an eye toward what's new and why it matters. Popular Science is published by Time4 Media, a subsidiary of Time Inc., which is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Time Warner Inc. (NYSE NYSE See: New York Stock Exchange :TWX (TeletypeWriter eXchange Service) A U.S. and Canadian dial-up communications service that became part of Telex. In 1971, the Bell System sold TWX to Western Union. TWX transmitted 5-bit Murray code or 7-bit ASCII code at up to 150 bps. See Telex. ). About Akimbo With the Akimbo Service, your wish is on demand(TM). The Akimbo Service with the Akimbo Player lets consumers choose from thousands of hours of programs specifically suited to their tastes, so they can watch them whenever they choose. By collaborating with Akimbo, video providers gain a new opportunity to cost-effectively reach targeted audiences with content ranging from special interest to broad appeal, without building new infrastructure. With offices in Los Angeles and San Mateo, Calif., Akimbo is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. funded by Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. , Sprout Group and Zone Ventures. For more information, visit www.akimbo.com. |
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