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Compaq supplies Deskpro PCs for CNNfn -- the financial network; Compaq PCs connect CNNfn journalists with guests nationwide.


HOUSTON--(BUSINESS WIRE)--Feb. 7, 1996--Compaq Computer Corporation (NYSE NYSE

See: New York Stock Exchange
:CPQ CPQ Compaq
CPQ Conseil du Patronat du Québec (Canada)
CPQ Configure-Price-Quote
CPQ Conseil de Presse du Québec (Québec Press Council, Canada)
CPQ Companion Parrot Quarterly
) today announced it is supplying personal computers and monitors to CNNfn, Turner Broadcast System, Inc.'s new financial news network.

Compaq Deskpro The Compaq Deskpro was a line of business-oriented personal computers manufactured by Compaq, discontinued after the merger with Hewlett-Packard.

The original Compaq Deskpro, available in several disk configurations, was equipped with an 8MHz 8086 CPU and Compaq's unique
 XL personal computers equipped with specially customized Intel ProShare(t) video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
 systems will be used as part of a breakthrough technological application called "inter.face" that will enable guests to be interviewed live, via their desktop PC, by CNNfn journalists.

"Inter.face" creates for CNNfn a 'virtual newsroom,' eliminating the constraints of television studios and microwave trucks traditionally needed to interview guests on camera for live television. CNNfn anchors will interview financial analysts, economists, management experts and CEOs on business and financial news as it happens, using Compaq computers and monitors positioned in their places of work. CNNfn debuted on December 29, with 12 hours of original programming each weekday.

The Compaq Deskpro XL PCs and 21-inch (19.5-inch viewable) high-performance QVision monitors supplied to CNNfn will be linked via a high-speed, fiber-optic network from MFS MFS Medicare fee schedule  Datanet.

The Compaq Deskpro XL PCs will allow experts from business, technology and commerce centers including 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
, Chicago, Boston, Houston, and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , to talk with CNNfn correspondents and each other from a "mini-studio" in their places of work. This mini-studio is complete with a camera and monitor set up on the computer.

"Personal computers continue to expand their reach, and CNNfn's 'virtual newsroom' is an ideal example of the PC's ever-increasing potential," said John T. Rose, Compaq's senior vice president and general manager, Commercial Desktop Division.

"Compaq is proud to partner with CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
 as it again redefines the way news and information is disseminated, putting state-of-the-art computer technology to work to open a whole new avenue to the business and financial community. This is only the beginning of a broader technology sharing relationship," Rose added.

"With the new 'inter.face' technology, the business world is our studio," said CNN executive vice president Lou Dobbs Lou Dobbs (born September 24 1945), is the CNN anchor and managing editor for Lou Dobbs Tonight. He is also an editorial columnist and syndicated radio show host. Lou Dobbs Tonight attracts CNN's second-largest audience after Larry King Live . "We chose Compaq to provide the Deskpro XL personal computers for CNNfn because of the company's solid reputation for reliable, superior products. Inter.face will enable us to provide viewers with expert commentary and analysis of the news as it happens, which is fundamental to the success of this network."

The leading provider of desktop PCs to businesses worldwide, Compaq has continued to break new ground in delivering innovative and practical technology in its family of Deskpro and ProLinea products. Compaq and Intel have been working together for more than a year to enable Compaq PCs to take advantage of ProShare technology.

"Intel and Compaq share a vision of delivering high-performance, value-based conferencing solutions. By fully integrating video conferencing capabilities into Compaq personal computers, we can deliver real-time communications to the world through venues like CNNfn," said Pat Gelsinger Pat Gelsinger was the first Chief Technology Officer of Intel Corporation. He is currently a Senior Vice-president and General Manager of the Digital Enterprise Group. , vice president and general manager, Intel Personal Conferencing Division.

CNNfn Company Background

CNNfn provides 12 hours of original programming each day from 7 a.m. to 7 p.m. (ET) and is the first network designed to launch with distinct but complimentary content on the Internet, on networked desktop computers, and on-line as well as on cable and satellite. Lou Dobbs is executive vice president of CNN and the executive in charge of CNNfn. William Tucker William Tucker is the name of several people, among them:
  • William H. Tucker, a professor of psychology
  • William Tucker (musician), a twentieth century guitar player
  • William Tucker (settler), a settler of Otago
 is vice president of CNNfn and Eric Scholl is executive producer. Helen Whelan is vice president of new business development for Business News.

Compaq Company Background

Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
 is the world's largest supplier of personal computers, offering desktop PCs, portable PCs, servers and options. Compaq products are sold and supported in more than 100 countries throughout the world. Compaq also sells directly to customers through Compaq Direct Plus at 1-800-888-5858. Compaq provides 24-hour customer support and can be reached through the Compaq forums on America Online, CompuServe, Internet (http://www.compaq.com), and Prodigy, or by calling 1-800-345-1518.

-0-

Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. Innovate Forum is a service mark of Compaq.

CONTACT: Compaq Computer Corporation

Yvonne Donaldson, Nora Hahn

713-514-0484

or

CNNfn

Karen Kemp

212-852-6846

or

Miller/Shandwick Technologies

Lisa Gilbert

617-536-0470

lgilbert@millercom.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 1996
Words:695
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