Data Translation's Broadway to offer VDOnet's Software.LOS ANGELES--(BUSINESS WIRE)--March 12, 1997--Spring Internet World '97 Booth no. 6028, LA Convention Center-- Broadway Will Bundle VDOLive Software In A Complete, Easy-To-Use Solution For Creating And Delivering Streaming Internet Video Video material obtained from the Internet. It may refer to streaming video from real time broadcasts, streaming archival material or downloading video files for watching later, all of which are viewed on the computer. Data Translation Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DATX) today announced that it has signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with VDOnet Corp. to include trial versions of VDOLive software with the Broadway video system. This agreement will provide Broadway users with a complete creation and delivery solution for streaming Internet video for under $1,000 (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). Data Translation has also agreed to resell a full version of VDOLive with additional streaming capabilities. Following the announcement of this strategic alliance here today at Spring Internet World '97, Data Translation began demonstrations at their booth of Broadway-created video streamed in real time with VDOLive software. Broadway is Data Translation's award-winning, easy-to-use MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). video creation solution for adding full-motion video Video transmission that changes the image 30 frames per second (30 fps). Motion pictures are run at 24 fps, which is the minimum frequency required to eliminate the perception of moving frames and make the images appear visually fluid to the eye. on web sites and in presentations and computer-based training See CBT. (application) Computer-Based Training - (CBT) Training (of humans) done by interaction with a computer. The programs and data used in CBT are known as "courseware." . By bundling VDOnet's technology, Broadway delivers the capabilities for web site authors to produce full-motion, streamable video at an affordable price point of $995 (suggested US list). Broadway bundled with VDOLive gives users the added flexibility to create both 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. for real-time Internet or corporate intranet viewing. This combination of options affords web clients the luxury of previewing video clips in real time via streaming technology. After this real-time preview, web clients can then decide if they want the full file of VHS-quality video, then actually download that file for more detailed viewing and local storage. "We are pleased to have the opportunity to combine the award-winning products of both companies into a solution that makes web video easy," said Fred Molinari, president of Data Translation. "Leveraging VDOnet's expertise in video for networks with the Broadway video system will continue to propel Data Translation's leadership position in the Internet video revolution. This alliance underscores Broadway's commitment to supporting the burgeoning multimedia delivery methods for the web as well as a demonstration of our active role in fostering the convergence of video, voice, and data on the Internet." "VDOnet is commited to enabling producers to easily offer video content on the Web," said Asaf Mohr, chairman of VDOnet. "Partnerships with companies like Data Translation are an important part of this strategy." The Broadway/VDOnet bundle will also include a trial VDOnet server for offering streamed video on demand over the Internet, which will allow limited streaming capabilities. Users will be given an upgrade path for adding more VDOLive server functionality at an additional cost. Broadway will be available bundled with the trial version of VDOLive for no additional cost beginning in the third quarter of 1997. BROADWAY BACKGROUND The award-winning Broadway video capture/encode and edit system is the first truly easy-to-use, cost-effective tool for the creation of full-motion, 30 frames per second video for Internet and intranet sites on the World Wide Web, multimedia business presentations, CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). titles, and kiosks. Broadway's plug-and-play half-size PCI card, intuitive user interface, and $995 (USD) suggested price make it simple to produce quality MPEG video in less time and at a fraction of the cost of other MPEG encoding systems. Broadway product information is obtainable via the World Wide Web at http://www.b-way.com . DATA TRANSLATION BACKGROUND Data Translation Inc. (NASDAQ: DATX) is a world leader in the design, manufacture and marketing of high performance digital video, multimedia, digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). and data acquisition hardware, software and systems. Founded in 1973 and headquartered in Marlboro, Mass., the company is at the forefront in the development of standards-based digital video editing and playback systems that offer significant price and performance advantages over competing products. VDOnet BACKGROUND VDOnet Corporation, based in Palo Alto, Calif., has developed both fundamental technology and compelling products for video broadcasting and video telephony over computer networks of any bandwidth, and for use over public internets or private intranets. VDOnet was founded in 1995 and today has offices in the U.S., Israel, and Japan. Its investors are Microsoft Corporation, U.S. WEST Media Group, NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange , Battery Ventures, and private sources. VDOnet's URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. is http://www.vdo.net . -0- Broadway is a trademark of Data Translation Inc. All other products mentioned are trademarks or registered trademarks of their respective holders. CONTACT: Data Translation Rich Teplitsky 508-481-3700 x583 rteplitsky@datx.com http://www.b-way.com or LNS LNS L2TP Network Server (terminates L2TP tunnels & provides PPP and network termination) LNS Laboratory for Neutron Scattering LNS Laboratori Nazionali del Sud (Italy) LNS Logarithmic Number System Communications (for Data Translation) Leigh Dally 617-577-9777 ldally@lnscom.com or Roeder-Johnson Corporation (for VDOnet) Abigail Johnson/Mike Brogan 415-802-1850 abigail@roederj.com mike@roederj.com |
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