Excalibur Joins Leading Technology Companies In International ASP Consortium.SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 7, 1999-- Excalibur Leads Video Content Management Charge Into Expanding Web-based Video Hosting Marketplace Excalibur Media Services Group, a division of Excalibur Technologies Corp. (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 :EXCA EXCA Exchangeable Card Architecture EXCA European Expanded Clay Association (Brussels, Belgium) ), and a leading provider of video content management enabling technologies for the Internet and corporate intranets, today announced that it has joined forces with 240 leading technology companies as part of an international advocacy group dedicated to fostering the development of the fast-emerging Application Service Provider (ASP) segment of the computer industry. Based in Massachusetts, the Application Service Provider Industry Consortium (ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. ) will sponsor research, foster standards and work to articulate the measurable benefits of the evolving ASP delivery model. "Excalibur has been working with ASPs to deliver advanced Internet and intranet-based video analysis and retrieval, since the introduction of our advanced video analysis engine two years ago," said Pat Condo, President & 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 Excalibur. "The subsequent launch of Screening Room(TM) and our growing alliances with organizations such as INTERVU and AT&T are important parts of our strategy to create and set the standard for an end-to-end video solution running in a hosted environment. Screening Room will enable ASP's to expand their streaming video services to include video content management capabilities. End users, such as media, entertainment, broadcast, and advertisers benefit through the economies of scale provided by outsourcing streaming video services." Recently, Excalibur affirmed its commitment to and focus on the growing ASP opportunity by forming a dedicated business unit that will specialize in developing, marketing, and selling the Screening Room product line, and will focus on establishing the standard for end-to-end video solutions. It will concentrate on opportunities associated with ASPs hosting Screening Room and will feature a dedicated channel management team. In the coming months, Excalibur expects to announce formal programs for ASPs as well as product and technology directions in support of ASP and Internet market demands. In addition to Excalibur, ASP Industry Consortium members include AT&T, AristaSoft Corporation, Boundless Technologies, Inc., Cisco Systems, Inc., Citrix Systems, Inc., 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/. , Cylex Systems, Inc., Ernst & Young LLP LLP - Lower Layer Protocol , Exodus Communications, Inc., FutureLink Corporation, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , Great Plains Software, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation, JAWS Technologies, Marimba, Inc., Onyx Software Corporation, SaskTel, Sharp Electronics Corporation, Sun Microssearch, fostering standards, and articulating tA) is the pioneer of innovative Knowledge Retriemore easily share all enterprise knowledge asse visit our web site at www.excalib.com. This release contains comments about our future expectations, Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. Actual results may differ materially from our expectations as the result of various important factors including, but not limited to, the success of our relationships with strategic partners, Excalibur's ability to continue to develop competitive products and make timely product releases, effects of competition, and the rapidly changing marketplace. These and other risks relating to Excalibur's business and product development efforts are set forth in the Company's respective Form 10-K and Form 10-Qs as filed with the Securities and Exchange Commission. The Excalibur logo and the following are worldwide registered trademarks of Excalibur Technologies Corporation: Excalibur Technologies Corp.(R), RetrievalWare(R), Excalibur Visual RetrievalWare(R), EFS EFS Encrypted File System (Microsoft Windows 2000) EFS Event Free Survival (survival rates in clinical trials) EFS Evangeliska Fosterlandsstiftelsen (Sweden) (R), and APRP APRP Adaptive Pattern Recognition Processing (Convera) APrP A Priori Probability (R). Excalibur Internet Spider(TM), Excalibur Video Analysis Engine(TM), Excalibur Screening Room(TM), The Excalibur Edge(TM) partners program, and their respective logos are trademarks of Excalibur Technologies Corporation. |
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