Investor Angels.com Brings Streaming Video 'Due Diligence' to Its Internet Investment Website Using USA Video Interactive Technology.HOLLYWOOD BEACH, Fla.--(BUSINESS WIRE)--Oct. 06, 1999-- Internet virtuoso David Cook The name David Cook may refer to:
n. pl. wiz·ard·ries 1. The art, skill, or practice of a wizard; sorcery. 2. a. A power or effect that appears magical by its capacity to transform: as founder, chairman 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 Investor Angels (www.investorangels.com) is redefining the science of creating, capitalizing and managing visionary business ideas, today announced a contract with USA Video Interactive Corp. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :USVO) (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :US) (www.usvo.com) to supply servers and web broadcasting services for live 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. on the Investor Angels website. Cook, whose metier is harnessing novel applications to Internet power, will use USA Video Interactive's technology help to bridge the gap between innovators of promising business ideas and the funding, organizational, administrative and managerial expertise necessary to bring their ideas to fruition - quickly and effortlessly through the Internet. "We are proud to apply our leading-edge streaming video technology to the Investor Angels process, which itself identifies and nurtures other leading-edge ideas and concepts," said Edwin Molina, the president of USA Video Interactive. "Our commitment is to provide the levels of quality and flexibility in streaming video that surpass the competition. Investor Angels' selection of USA Video Interactive proves that when it comes to streaming video on the Internet, the difference is clear." Cook said Investor Angels chose USA Video Interactive's technology because it outperforms all other current technologies. "Our applications deserve and demand the best technology available," Cook said. "This is why we chose USA Video Interactive." USA Video Interactive is an international designer and supplier of high-tech Video-on-Demand(tm) systems, services and solutions. The USA Video Interactive technology allows users to view streaming video or to access digitized video libraries, including movies, sports, other entertainment, educational resources, corporate training seminars and other archives. The USA Video Interactive technology gives users full-motion video; the unique flexibility of standard, VCR-like controls of play, fast forward, reverse and pause; and the convenience of a standard internet-browser format for access. USA Video Interactive can utilize MPEG-1, MPEG-2 or MPEG-4 compression techniques but prefers its Wavelet compression technology. The USA Video Interactive Wavelet (mathematics) wavelet - A waveform that is bounded in both frequency and duration. Wavelet tranforms provide an alternative to more traditional Fourier transforms used for analysing waveforms, e.g. sound. technology allows direct streaming and download and play options; provides video images significantly faster and at a higher degree of resolution than with previously available methods; significantly overcomes bandwidth restrictions; and eliminates the blockiness and slowness of current technologies, all at a lower cost. An essential feature of the USA Video Interactive technology is that it allows extremely high compression ratios while retaining the highest available quality. Investor Angels is an "Internet Community" revolutionizing the creation, capitalization, and management of Internet innovation. Shareholders of Investor Angels use proprietary, patentable technologies to evaluate and score business ideas submitted by Internet "Visionaries." Promising business opportunities are then packaged to allow investment by Investor Angels shareholders, who perform "due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. " on investment opportunities by using an array of information sources - including USA Video Interactive streaming video of the "Visionaries' own presentation of their ideas over the Investor Angels website. The visionaries gain by obtaining guidance and financing at Internet speed and Investor Angels shareholders gain through pre-IPO purchase of shares of the packaged ideas. Visit www.investorangels.com for more information. Investor Angels is profiled in an upcoming issue of Entrepreneur Magazine's Business Start-Ups (www.entrepreneurmag.com/bizstarts.hts) and is planning a December IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . Cook pioneered IP telephony in 1994 and recently sold www.cook.net to Idealab's (www.idealab.com) Cooking.com. The Cook family recently sold the Internet service provider 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. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) www.denver.net to undisclosed parties. |
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