SmartVideo and IMC Announce Joint Venture.Business Editors/High-Tech Writers ATLANTA & JENKINTOWN, Pa.--(BUSINESS WIRE)--March 6, 2003 SmartVideo Technologies, Inc. ("SmartVideo")(OTCBB OTCBB See OTC Bulletin Board (OTCBB). : SMVD) and IMC (Internet Mail Consortium, Santa Cruz, CA, www.imc.org) An industry trade association founded in 1996 by Paul Hoffman and Dave Crocker that promotes Internet e-mail standards and features. (Internet Marketing See Internet advertising. Consortium) today announced a Joint Venture for the promotion and marketing of SmartVideo's products to IMC's partners and worldwide clientele. Beryl beryl (bĕr`ĭl), mineral, a silicate of beryllium and aluminum, Be3Al2Si6O18, extremely hard, occurring in hexagonal crystals that may be of enormous size and are usually white, yellow, green, blue, Wolk, the Marketing Genius behind IMC, stated, "We are in the business of enhancing our clients' bottom lines by giving them a competitive edge in today's marketplace. SmartVideo's technologies and products give our clients that edge. I eventually expect to see IMC's clients utilizing SmartVideo's technologies and products to generate more than $1.5 million in revenues per month." "We are excited about the exposure this relationship will provide to SmartVideo. IMC's vast experience with all types of media provides an incredible value to their clients and to us," 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. Richard E. Bennett, Jr. 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 SmartVideo. IMC continues to develop rapidly expanding relationships with businesses that have both an online and off-line presence. IMC has more than 346 online members collectively receiving more than 1 billion hits each and every month. SmartVideo Technologies is a leading provider of solutions allowing live or on-demand high-quality video presentations to be streamed over the Internet at speeds as low as 23K. About SmartVideo Technologies SmartVideo designs, develops, sells, and markets technology solutions, which delivers full-motion, 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. content to a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. using an Internet connection. SmartVideo's proprietary technologies allow video content to be viewed via both broadband and dial-up Internet connections. These technologies enable live video broadcast, with viewer interactivity, to more than 95% of all Internet users. SmartVideo addresses the ever increasingly important role that delivery of rich media content plays in Internet communications. SmartVideo products and services deliver, live or pre-recorded, rich media content, combining traditional web-based text, graphics, and hyper-links with smooth, real-time video, and high-quality audio. Companies around the world are looking to harness the power of video and audio on their websites and in other corporate applications. SmartVideo believes that the demand for, and use of, its services will grow at a faster rate than most other Internet applications. More information and application Demos can be found at SmartVideo's web site: www.smartvideo.com. Additionally, any prospective clients or shareholders can log into the SmartVideo website on most Thursdays at 1 p.m. EST to see live demos of the SmartVideo application. About IMC and Mr. Beryl Wolk Beryl, a Wharton School graduate, is a leader in the Cable TV Industry and co-founder of the Cable Advertising Bureau; he also co-founded the fifth largest magazine in the States: The Cable Guide. (Cable Guide recently merged with TV Guide). Mr. Wolk markets the IFPA IFPA Institute for Foreign Policy Analysis IFPA International Fresh-Cut Produce Association (now United Fresh Produce Association) IFPA International Footbag Players' Association IFPA International Flipper Pinball Association , the Association of Weekly Newspapers in the U.S. that has a circulation of over 40 million readers. Beryl has access to $25 million of radio time; $50 million of TV time on a pay per performance basis and access to over 800 catalogs and at least 77 magazines. Additionally, Mr. Wolk has access to 12,000 hotel rooms, via VATV VATV Vietnamese American Television VATV Value Added Television and Video (Philadelphia, PA) for broadcasting infomercials, as well as access to the college market (3.7 million students) by way of "ULT College Consortium." Beryl's World (http://www.berylsworld.com/) is an influential Internet company that consists of 109 consortia worldwide. This news release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Words such as "intend," "expects," "anticipates," "estimates," "eventually," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning plans, objectives, future events or performance and assumptions and other statements that are not statements of historical fact. Although the company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. |
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