World Wide Video Catches Eye of High-Level Government Officials.Business Editors CULPEPER, Va.--(BUSINESS WIRE)--December 4, 2001 World Wide Video, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WWVD), whose products were recently featured at the Government Video Technology Show in Washington D.C., has generated interest on behalf of high-level government agencies in both the U.S. and abroad. Since the September 11th attacks On September 11, 2001, in the deadliest case of domestic Terrorism in the history of the United States, a group of 19 terrorists hijacked four U.S. airliners for use as missiles against targets in New York City and Washington, D.C. in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , WWV WWV Wagner Werk-Verzeichnis (cataloging prefix for works of composer Richard Wagner) WWV World Wide Vacuum WWV Walla Walla Valley Railway Company has been called upon by the U.S. government to present its technology before top federal decision makers from the U.S. Department of Transportation, U.S. Department of State, NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. , U.S. Army, and the U.S. Navy. These senior officials are considering an expansion of WWV's existing presence within the government. In addition to this expansion, response to the new version of the Digital Video Bank (DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. ), the Audio Video Multiplexer See multiplexor and multiplexing. multiplexer - multiplexor , the Centurion, and WWV's line of video cameras have led to the following requests: -- A foreign government agency has ordered Centurion and DVB units for testing. -- A company in India has asked for DVB units to be used for security and surveillance on the train systems in that country. -- Calvert County, Maryland is considering the DVB for security surveillance in parks and other public areas. -- The Superintendent of a Virginia School System is considering deploying the DVB in schools for monitoring halls, lunchrooms, computer labs, playgrounds, parking lots and other school areas. -- ADT Technologies is considering the use of WWV's equipment for protection in the home and business environment. For a private demonstration of WWV's line of products, please call (540) 727-7551. Limited appointments are now available for December 12, 13 and 14, 2001. WWV designs and manufactures technology and products for the video communication market. The Centurion(TM) product line is built on WWV's remote audio/video (RAV)(R) technology and is a stand-alone video, audio and data bi-directional CoDec, which allows the transmission of video telecommunications between two or more points using the "plain-old-telephone-system" (POTS)- without computers. The DVB(TM) is a self-contained, compact system that combines proprietary compression technology with image quality and storage capabilities to provide continuous 24-hour video coverage for up to an entire month. After 30 days, the DVB(TM) will automatically start overwriting Overwriting An options strategy that involves the sale of call or put options on stocks that are believed to be overpriced or underpriced. The options are not expected to be exercised. Notes: Also referred to as overriding. the oldest data; downloading any critical images that the user selects to selected peripherals as a permanent archive. Look for WWV in this month's issue of "Airport Business" (page 20). Airport Business is a magazine that provides the aviation industry with the very latest in technology. Additional information on World Wide Video and their host of products can be located on the Web at www.wwv-usa.com . 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. Statement The foregoing press release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The Federal securities laws provide a limited safe harbor for certain forward-looking statements. Forward-looking statements in this prerelease pre·re·lease n. Something released before an official or scheduled date. adj. Of or relating to an interval preceding an official or scheduled release: relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc product development, business prospects, and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with any new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well, as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason. |
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