Covad Communications and INTERVU to Enhance Broadband Delivery of Audio and Video Content Over the Internet.SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 7, 1999-- Pilot Program Will Bring Broadcast Quality Streaming Media to Participating Covad 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 End-Users Covad Communications (Nasdaq:COVD COVD College of Optometrists in Vision Development COVD Covad Communications Group (stock symbol) ), the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL) technology, launched a broadband content pilot program today with INTERVU Inc. (Nasdaq:ITVU), a leading service provider of Internet audio and video delivery solutions, to optimize the delivery of streaming audio and video utilizing Covad's end-to-end broadband network. The two companies are working together to deliver live and on-demand TV quality video and CD quality audio content to Covad's broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a end-users. "The combination of Covad's high-speed, 'always on' broadband Internet access and INTERVU's solution for delivering high quality streaming audio and video content will enable a true broadband experience," said Rob Davenport, executive vice president, Corporate Development for Covad. "We're looking forward to working with INTERVU and their content partners throughout this pilot program to provide participating residential and business users with multimedia content to the desktop." By co-locating an INTERVU Media Delivery Center (MDC (1) (Mobile Daughter Card) See riser card. (2) See Meta Data Coalition. ) on Covad's broadband-optimized network, Covad will have the ability to provide end-users with direct and immediate access to rich content from well-known sources, such as CNN, CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. , MSNBC MSNBC Microsoft/National Broadcasting Company , NBC, House of Blues House of Blues (HOB) is a chain of music halls and restaurants founded in 1992 by Hard Rock Cafe founder Isaac Tigrett and his friend and investor Dan Aykroyd. It is a home for live music and southern-inspired cuisine, whose clubs celebrate African-American culture, specifically , Quokka quokka a small, nocturnal wallaby (Setonyx brachyurus) which is especially sensitive to nutritional myopathy. Called also Rottnest quokka. Sports and Turner Broadcasting. "Our new relationship with Covad is an important element of INTERVU's streaming media network expansion to the edges of the Internet," said Ed Huguez, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of INTERVU. "This alliance will enable the delivery of high-quality streaming to Covad's broadband Internet access end-users by moving compelling top tier multimedia content from INTERVU's content customers closer to the end-users." The pilot program between Covad and INTERVU is a major component to INTERVU's overall Fast Forward Broadband program, which was also announced today at the Streaming Media West conference being held in San Jose, Dec. 7-9. About Covad Covad Communications is the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. It offers DSL services through Internet Service Providers, telecommunications carriers, enterprises, PC OEMs and ASPs to small and medium-sized businesses and home users. Covad services are currently available across the United States in 56 of the top Metropolitan Statistical Areas (MSAs) and will be available in 100 MSAs by the end of 2000. At that time, Covad's network will reach more than 40 percent of all U.S. homes and 45 percent of all U.S. businesses. Covad Communications and its affiliates, doing business as Covad Communications Company, are wholly owned subsidiaries of Covad Communications Group, Inc. (Nasdaq:COVD). Corporate headquarters is located at 2330 Central Expressway, Santa Clara, CA, 95050. Telephone: 888/GO-COVAD. Web Site: www.covad.com. Safe Harbor Statement under 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: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements, including but not limited to statements regarding the intention to deploy Covad's network in new and existing MSAs and the timing and breadth of coverage in each MSA, and Covad's ability to provide high-quality multimedia content. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, the company's dependence on third parties to market and resell Covad's services, dependence on incumbent local exchange carriers for collocation, unbundled network elements, transport and other facilities, development of necessary technologies and operations, ability to manage growth of Covad's operations, and the need to raise additional capital. For other risks and uncertainties applicable to Covad's business refer to the Company's Securities and Exchange Commission filings. |
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