ESPRE Solutions, Inc. (EPRT) and Pandora Networks Announce Licensing Agreement for eViewChat.PLANO, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S. -- ESPRE Solutions, Inc. (Pink Sheets:EPRT EPRT Emergency Preparedness and Response Training EPRT Engine Pressure Ratio Transmitter ), a Dallas-based media solutions and technology company with a revolutionary and patented video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. technology, today announced that it has signed a software licensing and integration agreement with Pandora Networks, a provider of On-Demand IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. services, based in Emeryville, California. The agreement between ESPRE and Pandora integrates ESPRE's 'best of breed' 8-way multipoint video conferencing solution, eViewChat, with Pandora's Worksmart(TM) On-Demand IP Communications(TM) solutions. In February 2006, Pandora's Worksmart software was named by the Software & Information Industry Association (SIIA (Software & Information Industry Association, Washington, DC, www.siia.net) A trade organization devoted to the health and welfare of the software and digital content industry by providing support in government relations, business development, education and intellectual property ) as a finalist in the 21st Annual 2006 CODiE Awards in the Best Software category under the subcategory sub·cat·e·go·ry n. pl. sub·cat·e·go·ries A subdivision that has common differentiating characteristics within a larger category. of "Best Communication or Collaboration Solution." Additionally, in January, Pandora Networks received Internet Telephony Magazine's "Product of the Year" Award for 2005. Worksmart(TM) is an IP Communications solution that gives small and medium-sized businesses control over their communications services including voice, video, messaging, and collaboration. Worksmart's low cost of ownership provides the most advanced communication service offering an all inclusive, integrated suite at a fixed monthly cost and 'on demand' self provisioning capabilities to one or many office locations. This agreement marks the second in a series of collaboration partnerships for ESPRE Solutions in which a leader, such as Pandora Networks, will be integrating ESPRE's video solutions to deliver enterprise-level video collaboration into their solutions. Specifically, this agreement integrates ESPRE's eViewChat video conferencing application, which, like that of all other ESPRE's video communication solutions, takes advantage of ESPRE's proprietary video compression to deliver business-quality video communications at far less bandwidth than that of competing video solutions. Additionally, ESPRE will be integrating its eViewNet solution: ESPRE's own virtual private network that allows users to operate through corporate firewalls in order to make seamless video conferencing connections without the need to involve IT or other technical resources. "ESPRE is very excited to announce this partnership with Pandora Networks and to provide them with the video communication solutions necessary to offer their customers with industry leading business-quality video applications. The integration of these two technologies provides a 'best in class' solution for today's small to mid-sized businesses. We believe that this combination will offer SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. users the first true, high quality video solution seamlessly integrated into a professional IP communications service," states ESPRE Solutions' 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. , Pete Ianace. "After an exhaustive search looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. video solutions to integrate into our Worksmart(TM) On Demand platform we came to the conclusion that ESPRE was the easiest to use, and provides far greater video quality than that of standard video formats using 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). compression", said Walter Snell, President and CEO of Pandora Networks. "Our resellers and their direct SMB customers have grown to expect superior quality and functionality at a competitive and predictable monthly price. With ESPRE's 8-way multipoint video conferencing solution, eViewChat, Pandora Networks can offer the highest quality video conferencing service available in the On Demand IP communications market. We expect to release the ESPRE solutions video conferencing service in our next major release scheduled for Q3 of this year." About ESPRE Solutions, Inc.: Plano, Texas-based ESPRE Solutions is a public company (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets:EPRT) and groundbreaking media collaboration solutions provider that fulfills the promise of TV-quality streaming video over the Internet -- even at dial-up speeds as low as 28Kbps. ESPRE Solutions intends to be the video applications provider of choice for Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , Fortune 1000 corporations, and institutions worldwide, adding both narrowband and broadband video to traditional voice and data applications. ESPRE Solutions' eView product suite provides an integrated solution for business and personal communications. To learn more about ESPRE Solutions, or to experience the company's pioneering eView technology, visit www.espresolutions.com. About Pandora Networks Pandora Networks is a leading provider of advanced IP communications solutions for the small to medium sized business market. It's Worksmart(TM) On Demand IP Communications(TM) solution integrates voice and IP calling, operator switchboard and call-distribution services, instant messaging and conferencing, with options for advanced collaboration and call-center support. Service-based On-Demand delivery keeps capital investment low and aligns operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. with business value. Pandora Networks sells its services exclusively through service providers, distributors and resellers under their private labels, the Company's Worksmart brand, or co-branded. Pandora Networks is privately held and headquartered in Emeryville, California. For more information, please visit (www.pandoranetworks.com) or call (800) 805-0558. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance. |
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