ESPRE Solutions, Inc. and MyE Networks Sign License Agreement to Distribute ESPRE's JAVA-based Video Solutions.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 video 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 entered into a marketing and license agreement with MyE Networks, a technology and mobile marketing company based in Denver, Colorado. Under the agreement, ESPRE Solutions will license MyE Networks ESPRE's latest JAVA-based video media toolkit. The agreement calls for revenue share on application deployment and increased advertising usage. Additionally, ESPRE will be responsible for hosting all video content and video advertising using the ESPRE video format on the MyE Networks community network. Under the license agreement, MyE Networks will create unique video messaging and video streaming See streaming video and video stream. solutions for their subscribers and media partners. MyE Networks has successfully developed products for the education, media, business-to-business, business-to-consumer and professional sports The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. markets. Specifically, MyE Networks provides online community tools to schools and local media groups and, since 2004 has captured in excess of one million users. This partnership will allow MyE Networks to video enable their product solutions for these online communities and continue to increase the time its users spend online searching local content such as movies, yellow pages, restaurant guides, high school events, etc. "We've researched dozens of video solutions. ESPRE has proven to be 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. With ESPRE's technology, MyE Networks can develop market-specific, interactive multimedia solutions for its audience made up of local media companies, students, teachers and parents. Specifically, ESPRE was chosen for their technology's ease of use, quality and long-range interactive video capabilities," states Greg Jablonski, President and 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 MyE Networks. Pete Ianace, ESPRE Solutions' CEO, adds, "ESPRE is very excited about the possibilities that this relationship offers. MyE Networks is one of the leading online community builders for local high schools and their demographic is one of the leading users of online video. As this audience becomes much more accustomed to online video, we expect their demand for better quality video to increase. This partnership allows ESPRE to introduce its high-quality video solutions to some of the most advanced and discreet users online - teenagers and media providers." About MyE Networks: MyE Networks is a technology company based in Denver, Colorado. MyE Networks has developed products for the educational, media, business-to-business, business-to-customer and professional sports markets. Products include communication engines that allow an entity to instantly and simultaneously communicate with large groups of people via all vital communication platforms and an online business listing service. For more information, please visit MyE Networks website at www.myenetworks.com. 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 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. 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. 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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