Hugh Downs to Join Ampex's iNEXTV Internet Video Network; Icon of American Television to Develop Programming for Leading Provider of Audio/Visual Content for the Internet.NEW YORK--(BUSINESS WIRE)--July 13, 1999-- Bringing an icon of American television to the exciting world of Internet video, iNEXTV Corporation, a wholly-owned subsidiary of Ampex Corporation (Amex:AXC AXC Chief Aviation Antisubmarine Warfare Technician (Naval Rating) AXC Add Cross-Connect Card ), announced today that Hugh Downs will be joining its Internet video network. Downs will be developing programming for iNEXTV's Internet video affiliates. He is expected to begin work on a number of projects this fall. "We are delighted that one of America's most prestigious television figures is joining our Internet video network as a provider of content," said Edward J. Bramson, President of iNEXTV and Chairman of Ampex Corporation. "A broadcasting veteran, Hugh Downs participated in the transition from radio to television and witnessed the explosive growth of that medium. Internet video represents the coming of age of a new and dynamic vehicle for advertisers. An important part of our strategy is to work with talented independent content providers to develop compelling programming for iNEXTV's affiliates. Our partnership with Hugh Downs is an excellent example of our approach to setting new standards and exploring the unlimited audio/visual opportunities that the web affords." Hugh Downs is currently co-anchor of ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. News' 20/20, the prime-time weekly television newsmagazine program. His over 50 years in television This page indexes the individual year in television pages. Each year is annotated with a significant event as a reference point. 2000s - 1990s - 1980s - 1970s - 1960s - 1950s - 1940s - 1930s - 1920s - 1900s 2000s
 `nĭsĕf'), the United Nations Children's Fund, an affiliated agency of the United Nations. and has served as a member of the NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. Advisory Council. iNEXTV Corporation, www.inextv.com, headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , is one of the world's largest providers of audio/visual content for the Internet and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). iNEXTV produces Internet video programming in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Los Angeles, Reston, Virginia, Washington, D.C. and Munich, Germany, and has announced that it will expand its European operations to include Berlin next year. The iNEXTV network of affiliated video web sites currently includes TV onthe WEB, www.tvontheweb.com, Reston, Virginia, a leading Internet video provider; Alternative Entertainment Network Television, www.aentv.com, Los Angeles, California, one of the largest on-demand streaming video sites, and TV1 Internet Television, www.tv1.de, Munich, Germany, one of Europe's top webcasters. The Company is developing Executive Branch TV, www.exbtv.com, Washington, D.C., which will provide coverage of executive agency activities and the White House over the Internet and a premier channel, iSTYLETV, both of which are scheduled for launch this fall. iNEXTV is also working with its parent company, digital video pioneer Ampex Corporation, on the development of enhanced video technology to be used by iNEXTV and its affiliates. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated. Potential risks and uncertainties include, without limitation, those mentioned in the Company's 1998 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC and its quarterly report on Form 10-Q for the quarter ended March 31, l999. |
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