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Avstar Systems Used by Yahoo! to Deliver Online Financial Programming.


Business Editors & High-Tech Writers

MADISON, Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
.--(BUSINESS WIRE)--March 13, 2000

Avstar(TM) Newsroom Computer System (NRCS NRCS Natural Resources Conservation Service (USDA)
NRCS Nepal Red Cross Society
NRCS Normalized Radar Cross-Section
NRCS Namibia Red Cross Society
NRCS New Ross Consolidated School (Canada) 
) Replicated

for Online Community, Realizing New Markets for

Next-Generation News Programming

Leveraging their heritage and leadership in television broadcast news with more than 700 installations in leading TV and network sites, Avstar Systems LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the worldwide market leader in newsroom computing computing - computer  systems, today announced that Yahoo! is using its Newsroom Computer System (NRCS) 1.2 to help enable the launch of the new online financial programming, Yahoo!(R) FinanceVision. Yahoo!'s deployment of NRCS enables Internet newscasting (i-newscasting(TM)), signaling the trend for online community investment in newsroom computer systems.

This relationship demonstrates Avstar's dedication to extending the parameters of news systems to envelop en·vel·op  
tr.v. en·vel·oped, en·vel·op·ing, en·vel·ops
1. To enclose or encase completely with or as if with a covering: "Accompanying the darkness, a stillness envelops the city" 
 new markets, such as i-newscasting(TM). Yahoo! FinanceVision offers consumers a new way of receiving financial news and information by incorporating live video with financial news text and commentary, stock quotes and personalizable portfolio views.

Avstar anticipates that the deployment of the NRCS in Yahoo!'s online environment will be the first of many similar Internet site installations. "It was only a matter of time before the Internet sites realized the market opportunity in Internet newscasting. Avstar, and our heritage and leadership in delivering digital television broadcast newsroom solutions, is a natural fit for the required features of the online community," said Matthew Danilowicz, Avstar 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.  and president. "As true innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
, we are making a significant move into an untapped market which will surely see outstanding growth in the coming millennium and we are pleased that Yahoo!, a true market leader, is working with Avstar."

Said Eric Scholl, executive producer and director, Yahoo! FinanceVision, "We were aware of Avstar's reputation within the television broadcast newsroom industry, and we were pleased that their product could meet our needs."

Further details regarding Avstar's new solutions for "i-newscasting" will be highlighted during the company's NAB press conference on Sunday, April 9th from 2 - 3 p.m. in the Scenic Room of the Flamingo flamingo, common name for a large pink or red wading bird, similar to the related heron, stork, and spoonbill but with a longer neck, webbed feet, and a unique down-bent bill. Flamingos are tropical birds, although large colonies have been observed high in the Andes.  Hilton in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada. (NAB 2000 Las Vegas, Nevada, April 8th - 13th, 2000)

The Avstar flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , the award winning Newsroom Computer System (NRCS), has been installed in over 250 new sites since NAB 1998, offering a total edit to playback digital newsroom solution. The Avstar NRCS is the heart of the newsroom, and is relied upon for all production, communication and administration. The NRCS is a scalable system that supplies extensive management tools to assist with acquisition, processing, broadcasting and archiving news content. As part of a modular family, the Avstar system lets newscasters upgrade to a complete system as time and budget allows for maximum economy.

About Avstar Systems

Avstar Systems, LLC is dedicated to supporting the world community of internet, television and radio journalists through technological innovation and to ensuring the continued independence of the news media by developing tools that are content-independent. Headquartered in Madison, Wisconsin Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison.

The 2006 population estimate of Madison was 223,389, making it the second largest city in Wisconsin, after Milwaukee, and
 with additional offices worldwide, Avstar products are installed in the world's broadcast facilities and serve more than 80,000 journalists. For more information, see the Avstar Web site at http://www.avstarnews.com or call +1-608-274-8686.

Note to Editors: Avstar is a trademark of Avstar Systems, L.L.C. Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc. All other trademarks contained herein are the property of their respective owners.

Avstar Systems, LLC is not affiliated with Avistar Systems Corporation, which provides networked video products and services and is the owner of the trademarks "Avistar" and "Avistar Systems" and corresponding logo.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 13, 2000
Words:585
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