BarterItOnline.com Teams With Clipscom to Deliver Streaming Video To Its Customers; New Tools Enable Consumers and Businesses to Affordably Create Video Online.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers DALLAS--(BUSINESS WIRE)--Aug. 9, 2000 Clipscom, Inc., an Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the video-on-demand company, today announced an alliance with BarterItOnline.com, an e-marketplace where entrepreneurs and businesses barter barter: see exchange. barter Direct exchange of goods or services without the use of money or any other intervening medium of exchange. Barter is conducted either according to established rates of exchange or by bargaining. products, skills, and services using a common, 'e-dollar' currency. BarterItOnline.com will offer Clipscom'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. services to its customers. Through its alliance with Clipscom, BarterItOnline.com is making it simple and affordable for its customers to use streaming video to exchange products and services. Whether it is office furniture or real estate or professional skills in its "Barter Talent" program, BarterItOnline customers can add powerful video clips A short video presentation. to enhance the way potential customers make buying decisions about the products or services from which they have to choose. "We are trying to take online bartering sites to the next level, and with the ability to move far beyond conventional simple listings of products, BarterItOnline starts to achieve one of the great potential innovations of Internet e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. -- true interactivity. By supplying video-on-demand, we are giving our buyers confidence in their purchasing decisions and sellers the ability to position what they're selling in a completely new and advanced way," said Richard Cravatts, 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 BarterItOnline. "With Clipscom's best-of-breed technology, we are one step closer to redefining online bartering sites." Rather than using standard digital photos to display products and services being bartered, users can now take any existing video of their product or service and turn it into streaming video for the Internet. Using the proprietary ClipsCorder(TM) software, users can easily place and update video clips on BarterItOnline.com, in e-mail messages, and even on their own Web sites. "With Clipscom, BarterItOnline.com's customers can add more than just static photos of their products. Video will help those customers sell their products. Clipscom makes adding video easy and affordable for individual users," said Greg Granello, CEO of Clipscom. "Anyone can display videos inexpensively in·ex·pen·sive adj. Not high in price; cheap. in  ex·pen sive·ly adv. and without any technology burdens." About BarterItOnline.com Founded in September 1999, BarterItOnline.com is a privately held, Boston-based e-marketplace for barter. Its management team, with members from top financial, advertising, cultural and high-tech posts, has been active in using bartered media to leverage the growth of regional businesses, while helping them to conserve cash and optimize optimize - optimisation sales. BarterItOnline is located at: www.barteritonline.com About Clipscom.com Clipscom, Inc., an Internet video-on-demand company, provides total solution streaming video content collection and delivery services for consumers, small businesses and corporate users. Using its ClipsCorder(TM) software, the company seamlessly automates the collection, storage and placement of streaming video clips on any existing Web site and in e-mail presentations. Founded in May 1999, Clipscom's unique offerings enable e-commerce merchants, online advertisers, corporate users and individuals to inexpensively and reliably convey their messages via video over the Internet. |
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