Piranha's Impact Solutions Division Offers Compression
For Faster Delivery Over Low Bandwidth;
Piranha Science Provides for More Data Storage Without Increased Costs
DALLAS, June 20 /PRNewswire/ -- Piranha, Inc. (OTC Bulletin Board: BYTE),
an innovator in data compression solutions, today announced the first sales of
Piranha Byte(TM) 1.0, a data compression tool for the imaging, publishing and
printing industries. Piranha Byte, which reduces data transfer time and
storage requirements, also provides point-to-multipoint communications,
compressing files at least eight times smaller than their original size.
Quality House of Graphics, a leader in quality imaging for the advertising and
publishing industry, purchased the Piranha science to improve transmission
times and cut storage costs. Time, Inc., Newsweek, Young & Rubicam,
Quad/Graphics and R.R. Donnelley and Sons have been testing the software
throughout the development process.
"Piranha Byte is a software solution that increases efficiency and
profitability for all companies that store and transfer large quantities of
data for reproduction, ink-on-paper or electronic," said Larry E. Greybill,
president of Piranha's Impact Solutions. "The speed of the process is
unparalleled. Piranha has benefited from the guidance of our advisory board
members, who have played a vital role in assuring that Piranha Byte is a
product that fills an industry need in the move to digital workflow."
Piranha Byte is available from Impact Solutions, Piranha, Inc.'s sales and
marketing subsidiary that is focused on the professional imaging and
publishing industries, and Zideo.com, another Piranha subsidiary that
specializes in Internet and entertainment solutions.
Benefits of Piranha Byte
Piranha Byte is a compression suite that enables concurrent compression
and delivery of multiple files over low bandwidth systems. It improves the
throughput of internal networks as well as remote connections, and multiplies
the amount of storage available on existing equipment. Piranha Byte is
available for Windows, Macintosh and Linux platforms. It is not file-format
dependent.
"This type of digital tool is becoming more and more important to the
industry because of the huge volumes of data that must be moved around and the
efficiency that is required to work with these files in the digital world,"
said Nubar Nakashian, executive vice president at Quality House of Graphics, a
major service provider in the New York metropolitan area.
"Lossless compression technology is critical," Nakashian added. "We
regularly get files that are half a gigabyte, sometimes a gigabyte or larger,
and we must have a technology that allows us to efficiently deal with large
files in a cost-effective way. As the move to the digital world continues,
there will be more files that we have to move, and more that we have to store.
How much more do you invest in equipment to store that data when you know the
devices will change in a short amount of time? A compression solution is a
much better choice."
Roy Zucca, senior vice president and manager of Print Technology at
Young & Rubicam, is vice chairman of DDAP (Digital Delivery of Ads for
Publications), and a member of several industry standards committees as well
as a member of Xerox Executive Advisory Forum. He believes Piranha Byte will
make an important contribution to the printing industry.
"As print production professionals are compelled to make key decisions in
'E' time and asked to compress the time and money spent on projects, they are
searching for solutions that will provide them the solid answers they need,"
he said. "One crucial area that I feel we do have a solid answer is in the
management and compression of large graphic arts files. I've reviewed the
Piranha Byte product, and I've seen it work wonders compressing and
decompressing huge files in record time and never losing a byte. If you are
serious about a complete digital workflow and you have to work and make
decisions in 'E' time, you should definitely add the Byte product to your
suite of software tools."
Through a graphical user interface (GUI), users can choose multiple files
for compression and multiple IP addresses for file transmission (executables,
images, EPS files, PDF, TXT, QuarkExpress(TM), HTML, etc.) The GUI shows a
statistics window with the numbers of files, compressed file transmission
time, average compression ratio on Number of Files and uncompressed file
transmission time.
Piranha Byte promises to play a major role in the medical and financial
industries as well. The high compression, "lossless" science provides for the
storage of exacting medical images, including x-rays.
Piranha Byte: Helping the Publishing Industry Turn Digital
Publishers and printers are rushing to adapt to a completely digital
workflow in order to take advantage of computer-to-plate technologies and
eliminate the costs and labor-intensive procedures associated with consumables
used in the traditional film-based process. Some publications are using
digital solutions to produce most, if not all, of their pages. Still, less
than one-fourth of the pages produced by publications such as news magazines
are digital. Cost, and the fast-evolving technology that makes change
efficient in time and money, will drive the rest of the industry to the
digital world in the next three-to-five years.
What is holding back the evolution? File size, storage size, transmission
costs and security concerns. What can hasten the change? An efficient,
easy-to-use compression and encryption solution that reduces costs, is file
format independent, and provides speed, speed and more speed. Piranha Byte
offers this solution.
Pricing and Availability
Piranha Byte 1.0 is available immediately by contacting Impact Solutions,
Inc., at (732) 409-5190. Pricing is on a per seat basis: Five seats/$4,000,
10 seats/$7,500, 15 seats/$10,500, 20 seats/$13,000. Server packages for
medium-size businesses start at $19,500. Enterprise packages for large
businesses start at $40,000. Purchasers of Piranha Byte 1.0 will receive a
free upgrade to Piranha Byte 2.0.
About Piranha, Inc.
Piranha, Inc. (OTC Bulletin Board: BYTE), based in Dallas, Texas, develops
digital compression solutions to produce precise compressed images, sound and
text for e-businesses, publishers and printers. Piranha delivers high-quality
"lossy" and "lossless" data compression management solutions for printing,
publishing, medical imaging, document storage and Internet-related businesses
such as music, video, gaming, e-commerce, photos and advertising. Piranha
solutions increase the speed of Web pages and maximize bandwidth and storage.
Piranha products are available on Linux, Windows and Macintosh systems.
Impact Solutions, Inc., focused on the imaging and printing industries, is
located in Freehold, New Jersey. Zideo.com is located in Richardson, Texas.
More information is available at http://www.piranha.com , http://www.impact-s.com , and
http://www.zideo.com or call Impact Solutions at (732) 409-5190.
Piranha Stream and Piranha Byte are trademarks of Piranha, Inc. Other
companies' names and products are trademarks or registered trademarks of their
respective companies.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995. Included in this company profile are certain "forward looking"
statements within the meaning of the Securities Act of 1933, as amended.
Although the Company believes that the expectations reflected in such forward
looking statements are reasonable, actual results may differ materially from
those anticipated in the forward looking statements as a result of certain
factors including sales levels, retention, competition trends and other market
factors.
CONTACT: Larry E. Greybill of Piranha, Inc.-Impact Solutions,
732-409-5144, or lgreybill@impact-s.com, or Michael DiLorenzo or David McKee
of Schwartz Communications, 781-684-0770, or piranha@schwartz-pr.com, for
Piranha, Inc.
SOURCE Piranha, Inc.
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Related links:
http://www.piranha.com
CONTACT:
Larry E. Greybill of Piranha, Inc.-Impact
Solutions, 732-409-5144, or lgreybill@impact-s.com, or Michael
DiLorenzo or David McKee of Schwartz Communications,
781-684-0770, or piranha@schwartz-pr.com, for Piranha, Inc.
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