Global Triad Acquires Worldwide Rights to Revolutionary Compression Software.Business Editors/High-Tech Writers SARASOTA, Fla.--(BUSINESS WIRE)--May 24, 2004 Technology Is Believed To Be The Best and Most Advanced "Voice Over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. " In The World GLOBAL TRIAD, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Pink Sheets:GTRD GTRD Generalized Transverse Resonance-Diffraction ), traded on the Over The Counter Pink Sheets, announced today that they have acquired the worldwide rights to a revolutionary new Voice Over Internet Protocol (VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a ) from ComPress, Inc., an Ohio based company. John Medico, 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 GTRD, stated, "This is a unique opportunity to propel Global Triad to the forefront of the VOIP competition. Global Triad will be able to provide customers with arguably the best and most advanced software compression in the world." The first application for this compression will be used to reduce the cost of bandwidth required for VOIP. Mr. Tom Terwilliger, Chief Technology Officer for Global added, "This new compression will increase our standard voice capacity by six to eight times without any additional expense. The compression reduces the existing requirement from 8 plus kbps to 1.2 to 2.4kbps, all without packet loss." This gives Global a significant advantage over most, if not all, competitors in the VOIP marketplace. Global also negotiated an additional license for 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. that has been shown to compress as much as one hundred and fifty to one (150 down to 1) without losing data (true lossless compression A compression technique that decompresses data back to its original form without any loss. The decompressed file and the original are identical. All compression methods used to compress text, databases and other business data are lossless. ). According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mr. Medico, Global expects many new revenue streams to now become available and to elevate GTRD to a leader in the video and voice compression field with extreme competitive advantages. The ultimate goal for Global Triad and its utilization of this technology will be to generate significant cost reductions for end users in many technology driven fields including telecommunications, cellular, access servers, gateways, backbones and enterprise networks, just to mention a few. Global Triad is currently finalizing its Marketing and Sales Programs designed to introduce its new and exciting products and services. About Compress, Inc. ComPress, Inc. an Ohio Corporation was recently established to bring to the marketplace a new and never before achieved lossless data compression Lossless data compression is a class of data compression algorithms that allows the exact original data to be reconstructed from the compressed data. This can be contrasted to lossy data compression, which does not allow the exact original data to be reconstructed from the . This new compression algorithm was developed in the former Soviet Union and licensed by and through ComPress. This new compression has been demonstrated to compress data more that 150 to 1, all without data loss. The compression will be used in applications such as, Voice Over Internet Protocol (VOIP), Data Storage, Still Imaging and Voice & Video Streaming. Jim Snyder, Marketing Director of ComPress stated "We are excited about this new relationship with Global Triad and we believe that Global will be able to make significant strides in implementing this new and unique technology in dozens of new products and services." About Global Triad Global Triad Incorporated (GTI GTI Gas Technology Institute GTI Global Taxonomy Initiative GTI Good Time Interval GTI Guelph Turfgrass Institute GTI Green Theme International GTI Gordon Training International GTI Georgia Transportation Institute GTI Group Travel Insurance ) is a holding company with headquarters in Sarasota, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates one subsidiary, Global TV, Inc., (GTV GTV gross tumor volume GTV Gala Television (Taiwan) GTV Ground Test Vehicle GTV Gran Turismo Veloce (automobile specification) GTV Gas Turbine Vessel (Maritime) ) a Florida Corporation. The primary business of GTV is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system utilizing both Internet Protocols (IP) and proprietary digital devices. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video-On-Demand (VOD See video-on-demand. VoD - video on demand ). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames-per-second, the industry standard for television. 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 Global Triad, Inc. is not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global triad and Global TV Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition. Company web site: http://www.Globaltriad.net |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion