SmartVideo to Launch Live and on-Demand National Content on January 6 at CES International 2005.ATLANTA -- Using The Microsoft Media Platform, Television On Your Cell Phone Is Finally Here! SmartVideo Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : SMVD.OB), a Microsoft (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 : MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) Windows Media Microsoft's audio and video framework for Windows, which embraces playback, encoding and streaming. Windows Media Player is the digital jukebox and media player that comes with every version of Windows. (R) 9 Series Certified Hosting Provider, today announced that the Company will launch its premier 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. service on January 6 at the world's largest consumer electronics show, CES International 2005, to be held in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . As part of the launch, SmartVideo will announce its specific national content and distribution partners and will demonstrate the Company's state-of-the-art, high quality mobile video application. SmartVideo's initial content package, targeting mainstream consumers, will include live news, weather, sports, entertainment, children's programming, and a host of other content genres. SmartVideo's robust delivery of fully synced live video and audio to media mobile devices, including cell phones and mobile PDAs, at a minimum of 15 frames per second, provides a unique outlet for owners and distributors of live and on-demand video content to deliver their programming to any audience, anytime, anywhere around the world. CES is expected to attract over 120,000 attendees from more than 110 countries, nearly 2,500 exhibitors and 3,500 journalists. CES is the single most important mainstream consumer electronics and show in the world and is a place where manufactures, developers and suppliers of consumer hardware and content convene to showcase the latest industry developments. SmartVideo has developed applications for virtually all mobile platforms. The Company's media rich video can be viewed on handsets installed with a Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. Mobile player and others; covering most smartphones and PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). devices connected via cellular or WiFi. With worldwide smartphone video use expected to exceed 50 million in 2005 and reach nearly 250 million users in 2008 (as projected by the ARC Group The ARC group formed in the early 1980s. Some members of the group met at the Slade School of Art while others were studying architecture. All were interested in making site-specific installation works mostly with recycled material, partially influenced by the DIY culture of groups ), SmartVideo is launching the world's first cross platform/cross carrier media service directly to mainstream consumers. Streaming video is no longer reserved for the niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. technophile A person who enjoys learning about and using electronics and computers. See computerphile, hacker and dweeb. Contrast with technophobe. or the gadget conscience. With SmartVideo consumers around the globe can now enjoy the ultimate in mobile television. SmartVideo is the only company with the technology to deliver live full-motion, fully synched video and audio on smartphones. Program packages include live and on-demand content from major networks, local affiliates, news, weather, sports, children's programs, music videos, and a host of other entertainment choices. On January 6, 2005, in addition to launching its mobile video service, SmartVideo will premier its new mobile video Web site along with the Microsoft Windows Media Portal. For additional information and to subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; SmartVideo's amazing new Live TV service, beginning January 6, 2005, visit www.smartvideo.com or to view content samples and subscribe on your smartphone enter www.windowsmedia.com/mobile on your handset to start enjoying your mobile video experience today. "With an estimated 250 million smartphones to be in use in 2008, streaming video is taking the industry by storm. We are extremely excited to be launching our enhanced streaming video services at CES this year. Being the single most important mainstream consumer electronics show in the world, we are here to bring live TV to mobile consumers around the globe. SmartVideo will enable millions of consumers to view their favorite TV programs live no matter where they are as long as they have a mobile media enabled device," said Richard E. Bennett, Jr., SmartVideo's President 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. . SmartVideo has also been invited to support Microsoft in its MCX See Media Center Extender. Partner Pavilion. Only companies that have demonstrated innovative and unique consumer applications for Microsoft products are invited into its Partner Pavilion. As one of the select participants, SmartVideo will be demonstrating its robust consumer centric mobile streaming technology on Microsoft Windows Mobile enabled SmartPhones and mobile PDAs inside the Pavilion. "Based on my 40 plus years in the entertainment industry, SmartVideo will impact the entertainment consumer probably as much as television impacted radio. The key difference being it took 50 years for television to reach 100 million households and the cellular industry passed that mark in less than 7 years," commented Herman Rush, former CEO of the Columbia Picture Television Group and a member of the Board of Directors of Columbia Pictures Industries, Inc. (now Sony Pictures). Mr. Rush, a member of the SmartVideo Board of Advisors, is CEO of MCA MCA in full Music Corporation of America Entertainment conglomerate. It was founded in Chicago in 1924 by Jules Stein as a talent agency. In the 1960s it bought Decca Records and Universal Pictures, and today it produces films, music, and television shows. , a leading entertainment consultancy specializing in content distribution, placement and production. MCA is based in Los Angeles. About SmartVideo Based in Norcross, Georgia, SmartVideo Technologies, Inc., a Microsoft (NASDAQ: MSFT) Windows Media(R) 9 Series Certified Hosting Provider, is a leading provider of turnkey digital media solutions that allows for the management and distribution of live, on-demand, or the downloaded and play of high quality video to mobile devices. SmartVideo now offers the world's first cross platform/cross carrier service for aggregating live content and download and play programming for consumers around the globe. SmartVideo's robust library of content includes national networks and local affiliates, news, weather, sports, children's programming, movies, music videos and many other content genres. SmartVideo's mobile video solutions provide exceptional image quality on all existing 2.5g and Edge cellular networks, as well as future 3g networks. SmartVideo clearly provides great value to both consumers and carriers. The Company's stock is traded on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol SMVD.OB. Beginning January 6, 2005, for additional information and to subscribe to SmartVideo's Live TV content packages visit our Web site at www.smartvideo.com or using your smartphone visit www.windowsmedia.com/mobile. Forward Looking Statements This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect," or similar expressions. These statements are made pursuant to the 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. 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. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the inability of SmartVideo to obtain the additional financing needed to fund operations, the failure of SmartVideo to convert its present and future customer contracts into profitable arrangements for SmartVideo, unexpected costs, delays and other difficulties related to the timing and success of product development and marketing plans, adverse changes in the market for the delivery of full-motion, streaming video content, the failure of SmartVideo's hosting infrastructure, the complexity of SmartVideo's services and delivery network, pricing and other activities by competitors, difficulties involved in retaining and motivating key personnel and other risks detailed in SmartVideo's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, SmartVideo undertakes no obligation to update these statements for revisions or changes after the date of this release. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion