Steeplechase Media, Inc. and Internet Cable Corporation to Test Interactive TV.SANTA MONICA, Calif.--(BUSINESS WIRE)--March 2, 1999-- Steeplechase steeplechase Either of two distinct sporting events: (1) a horse race over a closed course with obstacles, including hedges and walls; or (2) a footrace of 3,000 m over hurdles and a water jump. Media Inc. and Internet Cable Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ICBL ICBL International Campaign to Ban Landmines ICBL Irish Credit Bureau LTD ) have reached an agreement to use the Keswick Project as a test-bed for its PC/TV convergence and broadband content development activities. Internet Cable is working with Intermark Management Corporation, the Keswick developer, to deliver cable television, high-speed Internet access, advanced video telephone conferencing, and emerging "smart home" technologies. Steeplechase Media will develop TV applications for residents to get customized stock, weather and sports data, all from the Internet without having to change channels or leave the TV show they are watching. Internet program enhancements will be simulcast through the vertical-blanking interval of each show, or as a data stream in the case of digital network. The Keswick Project located in Columbia, S.C. will be one of the first test-beds for enhanced TV content in North America. This groundbreaking project will serve as a model for interactive television projects to come. By combining cable TV feeds with cable modems, Steeplechase will be able to create interactive viewing experiences, as well as specialized programs that utilize capabilities of high speed Internet. "Steeplechase Media is without question a leader in the burgeoning field," remarks Timothy Karnes, 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. of Internet Cable Corporation. "With its unmatched expertise, we will be able to deliver only the very best in entertaining and interesting content to the viewers in Keswick." Larry Namer, Chairman of Steeplechase and founder of E! Entertainment Television comments, "Our goal is to offer quality content that is entertaining, interactive and informative to all enhanced TV viewers. What we learn in Keswick will allow us to further explore the full potential of this new medium." Pacific Motion Pictures, part of The Rainmaker Rainmaker An employee of a brokerage firm who brings a large amount of wealthy individuals or corporations to the brokerage firm's client base. Notes: Rainmakers are usually compensated very well for their efforts (or connections). Entertainment Group, (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : RNK RNK Republic of Nagorno-Karabakh (Nagorno-Karabakhskay Respublica, Former USSR) ) a publicly traded production company, will work with Steeplechase Media to create broadband content to test in this market. Steeplechase Media is also working with 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 ) WebTV, and several Hollywood production companies in developing interactive TV content. Enhanced television, the convergence of the Internet content and traditional television programming, refers to interactive television systems that can display graphics on top or alongside of a broadcast video image. Viewers can access enhanced programming through interactive television systems that seamlessly integrate standard television shows with Internet content for a more interactive and in-depth viewing experience. The programs will have an added edge with the addition of digital enhancements via WebTV Plus Network service and WebTV for Windows technology. Internet Cable Corporation Internet Cable Corporation, headquartered in Charleston, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , is in the business of developing and administering high-speed Internet access for cable TV companies on a revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. basis. Internet Cable's first broadband plant is in the exclusive Wild Dunes suburb of Charleston, S.C. Steeplechase Media, Inc. Steeplechase Media, Inc. was formed in 1995 to create content and technology for PC/TV convergence and is one of the only new media production companies specializing in creating interactive TV programming. For any further information or updates, please contact our web-sites at: www.cablewave.net www.steeplechase.net Except for the historical information contained herein the matters discussed in this press release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, and other risk factors. |
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