New Orleans NATPE 2000 - (January 25, 1999) - Following
recent successes in the international market through the acquisition of new customers and
strategic relationships, MediaSite, Inc., the technology leader in navigational video
products and services, announces the formation of an international business unit. The
objective of this unit is to support MediaSites position as the worldwide leader in
navigational video for Web applications.
The international business unit will expand all MediaSite overseas activities,
including acquiring customers, building relationships with strategic partners and content
owners, plus developing distribution channels, local subsidiaries and joint ventures.
International customers and relationships for MediaSites international business
unit include Kamera Interactive, of Stockholm Sweden; Enformatica and Digeo, both of the
U.K.; and R, a Spanish broadband portal.
Howard D. Wactlar, founder, chairman and CEO of MediaSite, says, "We find the
international market very rewarding, and, going forward, we see significant business
opportunities beginning to surface."
Per Sjofors, vice president and general manager of MediaSites international
business unit, says, "There are no doubts that a focused effort on the international
market will further increase our penetration into the video tools market for Internet
applications."
About MediaSite
MediaSite Inc. is the technology leader in enabling the interactive video economy.
Video content providers increase their revenues and extend their brands by creating
searchable and interactive video websites using MediaSite products and professional
services. MediaSite offers a total solution through its Publisher Suite software to
deliver a flexible, automated approach for publishing searchable and interactive video on
the Web. Users can easily browse, search and navigate specific video segments and view
video summaries faster than real time. MediaSite's V-commerce (Video e-commerce)
capabilities offer content providers the ability to convert their content to currency
through targeted advertising, syndication, direct sales, and subscription.
Mediasite customers include: Time Warner Cable (NY1), Warner Brothers, CBS
Affiliates (WCBS, KDKA), Internet Broadcast Systems, US Air Force, US Holocaust Museum,
and HealthInfo. MediaSite solutions are based on patented ISLIP technologies
Integrated Speech, Language and Image Processing developed in conjunction with
Carnegie Mellon University, one of the world's top universities in computer and
information sciences.
For more information, visit www.mediasite.com.
MediaSite, the MediaSite Digital Library System,
MediaSite Logger, MediaSite LoggerPlus, MediaSite Builder, MediaSite BuilderPlus,
MediaSite Finder, MediaSpeak Solo, MediaSpeak Chorus, Full-Media Indexing, and
"Unlocking the value of video" are trademarks of MediaSite. All other
brands or product names are trademarks or registered trademarks of their respective
holders.