Ojo Personal Video Phones To Be Available in Latin America; WorldGate and Alta Vista Management, Inc. Reach Agreement for Distribution Beginning this Summer.PANAMA & TREVOSE, Pa. -- Alta Vista See AltaVista. (World-Wide Web) Alta Vista - A World-Wide Web site provided by Digital which features a very fast Web and Usenet search engine. As of April 1996 its word index is 33GB in size. Management, Inc. and WorldGate Communications, Inc. (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 :WGAT) announced today that they have entered into a resale and supply agreement for WorldGate's Ojo(TM) Shadow personal video phone and the Ojo video phone service for Panama, Columbia and Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. . The agreement provides for the companies to work together to initiate sales at the retail and wholesale levels. "I have taken Ojo to a variety of potential customers in Panama and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , who were impressed with Ojo's ease of use and high quality," says Ernest Viola, President of Alta Vista. "The retail and wholesale trade as well as government officials see Ojo as a way to move the communications revolution to be on a par with the most sophisticated countries around the world and ahead of many. The market in Latin America is ready for this new technology with its pervasive broadband networks You can assist by [ editing it] now. ." Ojo is the first broadband video phone to feature a friendly and intuitive display that facilitates realistic, face-to-face personal communications experiences over DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary and cable broadband networks. The consumers will be able to connect their Ojo to the broadband network after registering their Ojo service to experience true-to-life video phone calls around the world. "We are excited to see Ojo's expansion into Latin America where we believe the combination of broadband networks and the distribution expertise of Alta Vista will help to ensure Ojo's success," says Jim McLoughlin, Senior Vice President of WorldGate. "The exposure we expect in this important part of the world will lay a great foundation for further expansion in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. ." Alta Vista will begin distribution immediately with the first orders and deliveries expected in the coming weeks. For more information on WorldGate and Ojo Personal Video Phones, visit http://www.wgate.com/. ABOUT WORLDGATE COMMUNICATIONS, INC. WorldGate Communications, Inc. designs, manufactures, and distributes personal video phones. WorldGate's products will be marketed to consumers through cable, DSL, VoIP and satellite service providers as well as through retail stores worldwide under the Ojo brand name. Ojo personal video phones offer high quality, real-time, two-way video communications with video messaging and an optional cordless handset. Ojo is easy to install, and is as easy to operate as a regular telephone; it plugs into a broadband connection See broadband and wireless broadband. , no PC is required, and uses the existing phone number. Ojo (PVP See portable video player. 1000) also makes conventional (or VoIP) voice-only phone calls using the existing household telephone service. Ojo's iconic and functional design features an eye-level screen and camera, a self-viewer, a full-duplex speakerphone, photo-based caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. and phonebook and one-touch controls for video and voice privacy. Ojo video phone is designed to conform to Verb 1. conform to - satisfy a condition or restriction; "Does this paper meet the requirements for the degree?" fit, meet coordinate - be co-ordinated; "These activities coordinate well" industry standard protocols (SIP) and utilizes enhancements to the latest technology for voice and video compression (H.264) to achieve superior quality at data rates as low as 100 Kbps. WorldGate has been awarded a patent for its distinctive design and has patents pending for its specialized technology. This unique combination of functional design, advanced technology and use of broadband networks provides real-time video communication experiences that bring families and friends closer together, and for the first time provides consumers with a high-quality, affordable video phone. More information on WorldGate and the Ojo video phone can be accessed at http://www.wgate.com/. WorldGate is traded on NASDAQ under the symbol WGAT. WorldGate and Ojo are trademarks of WorldGate Service Inc. Any other trademarks used in this document are the property of their respective owners. ABOUT ALTA VISTA MANAGEMENT, INC. Alta Vista is privately held and is in the business of importing and exporting products and Internet-based services in Panama and surrounding Latin American countries. The company is currently distributing a variety of electronic platforms and services. Alta Vista sells to a wide range of retail, wholesale and government customers and is actively expanding its product lines. This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions 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. Expressions of future goals and similar expressions including, without limitation, expressions using the terminology "may", "will", "believes", "plans", "expects", "anticipates", "predicts", "forecasts", and expressions which otherwise reflect something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to fund operations or raise additional capital if needed and the other factors described in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. No obligation is undertaken to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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