Intersect Technologies & Piranha, Inc. Announce Technology and Co-Marketing Venture.Business/Technology Editors MILLINGTON, N.J.--(BUSINESS WIRE)--Feb. 9, 2001 Piranha piranha: see characin. piranha or caribe Any of several species of deep-bodied, carnivorous fishes in the genus Serrasalmus (family Characidae), abundant in rivers of eastern and central South America and noted for voracity. , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BYTE) and Intersect Technologies Inc. have signed an agreement to integrate Piranha image compression Noun 1. image compression - the compression of graphics for storage or transmission compression - encoding information while reducing the bandwidth or bits required technology into Intersect's commerce product, the Constable(TM) Server, and co-market the product. The Piranha Byte(TM) Server is a 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. technology, which in the Intersect solution, will intelligently compress/decompress image files on-demand for transmission of digital advertising to pre-press and publishers. The two products working in concert will create the ultimate automated processing and delivery environment. Using server applications, production people no longer must wait for humans to decompress To restore compressed data back to its original size. (compression, data) decompress - To reverse the effects of data compression. and process ad image files. This is conveniently done automatically and reliably by the Constable Server. Piranha compression science is very fast and lossless See lossless compression. (algorithm, compression) lossless - A term describing a data compression algorithm which retains all the information in the data, allowing it to be recovered perfectly by decompression. Unix compress and GNU gzip perform lossless compression. . There is no image degradation The reduction of the inherent optimum potential of individual sensor systems caused by error in sensor operations, processing procedures or incorrect film handling. Reduction in quality caused by unavoidable factors not associated with the sensor system, i.e. with the use of the Piranha Byte product. Tests of the software generally yield a 20:1 compression ratio compression ratio Degree to which the fuel mixture in an internal-combustion engine is compressed before ignition. It is defined as the volume of the combustion chamber with the piston farthest out divided by the volume with the piston in the full-compression position ( and a 100 Megabyte ad file can be compressed in just minutes. This product, when combined with the automated and monitored application sequence within the Constable Server files, are processed, logged and placed on image servers in a ready to publish state. The security measures of encryption, site authorization and digital certificates along with decompression have been automatically handled by the Constable Server. These critical steps have been removed from the tasks of production staffs everywhere. "Speed and automating tasks created fewer production mistakes and impact the bottom line," said Craig C. Shrader, president of Intersect Technologies. "Piranha software is really fast and has been proven by partnering publications to have excellent re-productivity in recent bench tests. Improvements to the repetitive tasks in production reduce errors made and save tremendous amounts of time. It is a great benefit to use intelligent servers to monitor and process ad image files and to link these files to business databases, thereby, alerting production personnel that such files are in-house." "Linking our product with Intersects Constable Server produces an intelligent and automated capability not previously available in the market place," said Larry Greybill, president of Piranha, Inc. We believe the project with Intersect Technologies in connection with GCA GCA, ground-controlled approach: see instrument-landing system. has great promise for the print and publishing world." About Intersect Technologies Inc. Intersect is the leading provider of standard commerce software solutions to the advertising and publishing industries. The electronic insertion order process, delivered through the Constable(TM)Server, is based on the Graphic Communications Association (GCA) standard, called SPACE. Additionally, Intersect has a long term contract with GCA to deliver a universal numbering system for ad materials and insertions (unadi.org), which is presently being launched. The two products illustrate Intersects commitment to standard common practices and a leadership for setting industry standards. Intersect is headquartered in Millington, NJ U.S.A. For more information contact us at (908) 647-8484 or sales@intersecttech.com. About Piranha, Inc. Piranha, is based in Dallas, TX and develops digital compression solutions to produce precise compressed images, sound and text for e-businesses, publishers and printers. Piranha delivers high-quality "lossy See lossy compression. (algorithm) lossy - A term describing a data compression algorithm which actually reduces the amount of information in the data, rather than just the number of bits used to represent that information. " and "lossless" data compression management solutions for printing, publishing, medical imaging, document storage and Internet-related businesses such as music, video, gaming, e-commerce, photos and advertising. Piranha solutions increase the speed of Web pages and maximize bandwidth and storage. More information can be found at www.piranha.com or call (214) 800-2835. Piranha Stream and Piranha Byte are trademarks of Piranha, Inc. Other companies' names and products are trademarks or registered trademarks of their respective companies. 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. Statement under 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. Included in this company profile are certain "forward looking" statements within the meaning of the Securities Act of 1933, as amended. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, actual results may differ materially from those anticipated in the forward looking statements as a result of certain factors including sales levels, retention, competition trends and other market factors. |
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