Compatibility Enables More Efficient and Cost-Effective OnlineVideo
Encoding and Distribution
STREAMING MEDIA WEST 2001, LONG BEACH, Calif., June 20 /PRNewswire/ --
Virage, Inc. (Nasdaq: VRGE), a leading provider of video content management
and publishing solutions, and partner Telestream, a leading provider of media
encoding and delivery solutions, announced today that they are currently
shipping the FlipFactory(TM) Plug In for Virage VideoLogger(R). The new
plug in, available now from Telestream, seamlessly integrates Telestream and
Virage technology to simultaneously index and encode video into multiple
streaming formats and bitrates, automatically sending all of the output files
to appropriate streaming servers and distribution networks.
"There is a natural fit between Virage's video content management
solutions and Telestream's media encoding and delivery solutions. Our design
teams have worked closely together to develop a seamless solution for content
owners that enables them to easily acquire, encode and deliver searchable
streaming media content to their websites -- all in a simple one-step process
from anywhere in the world," said David Heppe, vice president of marketing and
business development at Telestream.
"We are pleased with Telestream's integration and commitment to the Virage
platform. Telestream has developed a proven set of products that easily
integrate into various video processing workflows," said Dave Girouard, senior
vice president of products and services at Virage. "We feel the joint
solution offers the customer cost-effective and flexible products for their
encoding, transcoding and content management needs."
The Virage platform consists of the SmartEncode(TM) process, which allows
video to be simultaneously encoded and indexed, and the Video Application
Server. The Virage Video Application Server is a powerful set of tools that
allows end-users to search and access large volumes of video content across
multiple video collections, and enables administrators to easily create
powerful tools for managing and monitoring video usage.
Telestream Flipware(TM) is a powerful media encoding and delivery platform
that automates the entire process of content acquisition from pre-processing,
encoding and delivery to streaming servers. When combined with Telestream's
ClipMail Pro(TM) and Telestream's FlipFactory(TM), streaming video can be
automatically delivered to streaming servers, broadcast servers and Content
Distribution Networks (CDNs).
The FlipFactory(TM) Plug In for Virage VideoLogger(R) is available now
from Telestream for $3,500.
About Telestream
Telestream and its award-winning streaming media infrastructure products
simplify the encoding and delivery of broadcast-quality video and streaming
media via the Internet. FlipFactory(TM), the company's newest software
solution, enables content owners to easily encode media in any format/bit
rate, faster than real time, with automated publishing to streaming servers.
Telestream's appliances and automation software eliminate today's
time-consuming, manual process of media acquisition, encoding and delivery to
servers. Simple, fast and reliable are reasons why CNN, NBC, Bloomberg, Time
Warner and other high-profile media companies rely on Telestream technology.
Located in the "video valley" region of Nevada City, California, Telestream is
managed by seasoned video experts. It is privately held and is funded by
Intel, Shaw Venture Partners, Hallador Venture Partners and angel investors.
Contact Telestream at 530-470-1300 (http://www.telestream.net).
About Virage, Inc.
Headquartered in San Mateo, California, Virage is the leading provider of
video content management and publishing solutions. The Virage Video
Application Platform transforms video into an effective online medium that is
easy to publish, manage and distribute on the Internet or corporate intranets.
The Virage platform provides content owners with the complete infrastructure
for seamlessly integrating streaming video into business, entertainment and
information applications. From ABC to Yahoo! over 250 customers across a broad
range of markets have turned to Virage to help them improve production
efficiencies and create new revenue opportunities with video. Contact Virage
at http://www.virage.com/ or 650-573-3210.
This press release contains "forward-looking" statements about the
products and services of Virage and Telestream, as that term is used in
Section 21E of the Securities Exchange Act of 1934. Forwardlooking statements
are denoted by such words as "will allow," and similar terms and phrases.
These types of statements address matters that are subject to risks and
uncertainties which could cause actual results to differ materially. In
addition, our forward-looking statements should be considered in the context
of other risk factors discussed in our filings with the Securities and
Exchange Commission, including our Registration Statement on Form S-1, as
amended, available online at http://www.sec.gov . All forward-looking
statements are based on information available to the company on the date
hereof, and the company assumes no obligation to update such statements.
NOTE: Virage and VideoLogger are registered trademarks and the Virage
logo, Video Application Server and SmartEncode are trademarks of Virage, Inc.
Other company product and service names may be trademarks or service marks of
others, and are hereby acknowledged.
SOURCE Virage, Inc.
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Related links:
http://www.virage.com
CONTACT:
Charlene Chen of Weber/Shandwick,
310-201-8868, or cchen@webershandwick.com, for Virage, Inc.; or
Skip Ferderber of Skip Ferderber & Associates, 425-315-1724, or
skip@skipf1.com, for Virage, Inc.; or Carlos Montalvo of Virage,
Inc., 650-372-2648, or carlos@virage.com
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