Telepresence Announces Internet Advisory Board.BURNABY, British Columbia--(BUSINESS WIRE)--March 25, 1999-- International Telepresence Meaning "long distance presence," it refers to videoconferencing applications that feel like a live meeting. Notable features are larger screens that may approach a virtual reality environment and sensors that keep at least one window focused on whomever is speaking at the moment. (Canada) Inc. (ITLP), which announced last week an active intent to pursue Internet applications for its proprietary 3D imaging technology, today announced the establishment of an Internet Advisory Board to help the company seek out Internet related opportunities. The Board's first recommendation has been to unveil a 3D 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. application at the RealNetworks Exhibition in San Francisco, May 5-7, 1999, which the company confirmed last week. "Streaming video is one of the Internet's fastest growing technologies and is becoming particularly pervasive and mainstream as high speed Internet access becomes the norm. As a result, Telepresence is proud to announce the appointment of a four (4) member hands-on advisory board, including some of the most experienced and respected Internet entrepreneurs in Canada. We have, for several years, been a medical company, and we've assembled this board to investigate the numerous opportunities which may exist on the Internet for our proven 3D technology," said Morden Lazarus, Telepresence President. The Telepresence Advisory Board will be made up of Rory Olson, Joel Leonoff, Gary Oberman and Mitchell Garber. Rory Olson is currently the Executive Vice President of Business Development of BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Emergis, a subsidiary of Bell Canada Enterprises, and a world leader in electronic commerce. He is co-founder of Totalnet, one of Canada's first and largest Internet Service Providers 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. ), a company he built from the ground up and sold to Mpact Immedia Inc. in 1997. Under his direction, Mpact Immedia concluded several large Internet deals with Fortune 500 companies. Mpact Immedia was subsequently purchased by Bell Emergis in 1998, an acquisition in which he also played a key role. Joel Leonoff is an Executive Vice President of BCE Emergis and is one of the leading figures in the Internet industry. Mr. Leonoff has honed his marketing and financial skills in the dynamic Internet service business since 1988. In that year, he founded Bizware Computer Systems (Canada) Ltd., which he sold in 1994 to a large publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Between 1994 and 1997, before becoming Executive Vice President of Mpact Immedia, Leonoff was co-founder and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of TotalNet Inc., one of North America's most successful Internet service providers. Leonoff has been the driving force behind successful Internet applications in several countries. Gary Oberman is the President of INTUNIX INC., a Canadian corporation involved in the distribution and manufacturing of high quality data product solutions founded in early 1991. INTUNIX INC. is major supplier to the Canadian high technology marketplace. INTUNIX INC. currently supplies products and services in the field of computer workstations and data peripherals including Sun workstations, Winchester disks, high end RAID solutions, tape subsystems, optical subsystems, memory upgrades and others. Oberman is the founder of the company whose valued customers include; Hydro Quebec, Allied Bendix Avelex, CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. Electronics, Noranda Mines, Ontario Hydro, Bombardier, Discreet Logic, LSI LSI: see integrated circuit. (Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI. Logic, Merck Frosst, Via Rail, Concordia University, Queens University, Statistics Canada, Canadian Space Agency The Canadian Space Agency (CSA or, in French, l'Agence spatiale canadienne, ASC) is the Canadian government space agency responsible for Canada's space program. It was established in March 1989 by the Canadian Space Agency Act and sanctioned in December 1990. , and others. Mitchell Garber has been a gaming attorney since 1991 and represents more than 20 large publicly traded companies in the gaming industry. As an Internet commerce consultant, Garber has concluded deals with the founders and principals of companies including Hotmail Inc., CBS (Cell Broadcast Service) See cell broadcast. Sportsline, Broadcast.com, Intertops.com and several others. He is also in part responsible for the start-up of the Sports and Leisure Division of BCE Emergis (a subsidiary of Bell Canada Enterprises), one of the world's leading electronic commerce companies. Garber has also authored a number of articles on Internet gaming and on electronic commerce. Lazarus concluded,"Telepresence will continue to pursue opportunities in the medical field and in other areas where interest in our technology has been expressed. In naming this Internet Advisory Board, we are confident that if significant Internet related opportunities and revenue streams exist, this every strong group will best lead our efforts." The Canadian Dealing Network Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. Inc. has neither approved nor disapproved the contents of this release. International Telepresence (Canada) Inc. 8604 Commerce Court, Burnaby, BC, Canada V5A 4N6 |
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