Ampex Unit iNEXTV Announces Content Syndication Agreement With Yahoo!Business Editors NAB2001 NEW YORK--(BUSINESS WIRE)--April 24, 2001 iNEXTV Corporation, a premier producer, aggregator and syndicator of video for the Internet and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC AXC Chief Aviation Antisubmarine Warfare Technician (Naval Rating) AXC Add Cross-Connect Card ), today announced it has signed a content syndication agreement with Yahoo! Inc. (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), a leading global Internet communications, commerce and media company, to distribute iNEXTV's streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. programming on Yahoo!(R) Broadcast (http://broadcast.yahoo.com). iNEXTV's more than 25 original streaming video series available on Yahoo! Broadcast The former Webcasting division of Yahoo! that broadcast live and archived TV and radio shows as well as on-demand movies, sports and other audio and video material. It also offered organizations Webcasting for private meetings such as conferences and distance learning. includes CONVERSATIONS WITH HUGH DOWNS Hugh Malcolm Downs (born February 14, 1921) is a retired American broadcaster, television host, producer, and author. He served as anchor of 20/20, host of The Today Show, announcer for the Tonight Show with Jack Paar, host of Concentration , a weekly show featuring some of the country's brightest and most influential thinkers in politics, media, literature and entertainment getting candid with Hugh Downs; DESTINATIONS WITH SHARI BELAFONTE, a weekly travel show featuring celebrity/photographer Shari Belafonte spanning the globe to uncover some of the most fascinating people, places and things People, Places and Things is an unpublished collection of short stories by US author Stephen King, written in 1960 together with his friend Chris Chesley and published using their own press. ; ZERO TO 60 WITH TED WEST, a weekly automobile show where Ted West, award-winning contributor to Road & Track, gets behind the wheel of today's hottest and most sought after cars and puts them to the test on the open road; and THE HOLLYWOOD REPORTER MINUTES, a daily entertainment show covering the latest entertainment news, straight from the industry's most respected magazine - The Hollywood Reporter. Yahoo! unveiled Yahoo! Broadcast, an enhanced rich media destination where consumers can easily access interactive audio, video and other multimedia content from leading providers available in real time and on-demand, at the National Association of Broadcasters Convention held yesterday in Las Vegas. Ampex Data Systems, a division of the Ampex Corporation, is also exhibiting at NAB this week. The booth number is L365. About iNEXTV iNEXTV Corporation is the premier producer, aggregator and syndicator of video for the Internet, and is a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). iNEXTV and its subsidiary have a syndication network that reaches more than 20 million unique monthly users via its distribution partnerships with AskJeeves, Juno, Qwest's Online Avenue, TravelNow Inc. and ClassicCars.com among others. Headquartered 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. , iNEXTV produces and syndicates original Internet video programming from its production facilities 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 , Los Angeles and Munich, Germany. Programming categories include politics and business, exotic travel, fashion, automotive and entertainment - showcasing iNEXTV's superior streaming technology with content. For more information about iNEXTV and its programming, syndication and advertising offerings, please visit us at www.iNEXTV.com. (Minimum requirements to view iNEXTV webcasts: RealPlayer(R) software, available for free download at www.real.com and at least a 28Kbps connection to the Internet, but 56Kbps is recommended. If you experience problems downloading the software or viewing site content, please send an email to techsupport@inextv.com.) Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners. This news release contains forward-looking statements within the meaning of 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 that involve risk and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated. Potential risks and uncertainties include, without limitation, risks of continuing losses from future operations, risks of declining liquidity, risks affecting the Company's Internet strategy; ability to sell advertising, and to obtain additional distribution; uncertainty as to the timing or terms of any sale of Data Systems and other risks mentioned in the Company's 2000 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC, and its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the fiscal quarter ended March 31, 2000, which is expected to be filed shortly. |
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