Launch of Video Solution Marketplace Expands Industry-Leading Offerings
STREAMING MEDIA WEST 2001, LONG BEACH, Calif., June 20 /PRNewswire/ --
Virage, Inc. (Nasdaq: VRGE), a leading provider of video content management
and publishing solutions, today announced the formal launch of its Video
Solution Marketplace on the Virage website, bringing together its extensive
and broad reaching suite of third-party products that support the Virage Video
Application Platform. With over 125 business partners, Virage's platform and
VDF metadata format have gained wide market acceptance by providing
significant leverage for independent software vendors and system integrators
that are helping enterprises and media companies turn video into strategic
online applications.
Virage's open architecture and loyal developer support are key
accelerators contributing to the rapid growth of the video content management
and IP-based video publishing industry. The Marketplace provides a single
destination where customers can find products and plug-in modules that extend
the capability of Virage's award-winning platform and also allows Virage
development partners to showcase their offerings.
"The race is on within the streaming media industry to develop a platform
capable of supporting a broad array of multimedia applications. Companies that
truly support open architectures, such as Virage, will have the best chance at
snaring a long-term leadership position in the development of these platforms
that are likely to play a major role in defining how streaming media is
adopted in enterprise and consumer-oriented applications," said
Steven Vonder Haar, analyst at the Yankee Group. "Just as Quark prospered
with an open-architecture that allowed third-party extensions for the print
publishing industry, Virage platform adoption by partners and developers
mirrors this concept within the video publishing industry."
The Virage platform consists of tools and applications that transform
video for online use, and provides an open-ended architecture that can be
leveraged by third-party developers to integrate interactive digital video
into mission critical enterprise applications, such as e-learning, product
development and compliance, brand management, corporate communications, and
content syndication on the Web. The developer tools are in their fourth
generation and cover every aspect and integration point in the areas of video
encoding, indexing, automation, content management, publishing and application
hosting. The platform allows partners to leverage and extend Virage's
industry-leading feature set and not waste time and scarce engineering
resources building out baseline infrastructure to handle and exploit time base
media.
"Finally, with Virage Video Application Platform, companies can start
realizing the tremendous potential for knowledge transfer inherent in
video-based knowledge assets," said Chuck Luce, analyst at the Delphi Group.
"Virage has always stressed an open platform approach to technology
combined with a strong developer partnering program. The result has been the
enthusiastic and rapid adoption of our platform and expanded offerings for our
customers," said Paul Lego, chairman and CEO of Virage. "Companies dedicate
many valuable resources to work on the Virage platform. We are pleased that
we can, with the help of our partners and developers, offer our customers a
broad range of choices and possibilities for their video application needs."
You can visit the Virage Video Solution Marketplace on the Virage partner
pages at http://www.virage.com/partners . Click on Marketplace.
What Virage Partners are saying:
"IBM is an active and satisfied Virage development partner. Virage's
industry-leading technology has become dominant in the marketplace. The
Virage platform's flexibility and open-ended design allows IBM to work easily
and comfortably on further developments that extend IBM's existing Media
Production Suite asset management solution, while at the same time providing
valuable resources for our customers."
-- Dave Trumbo, Media Production Suite Product Manager, IBM
"Together, Network Appliance and Virage offer a unique, cost-effective
enterprise streaming media solution. The Virage Video Application Platform
integrates seamlessly with our Center-to-Edge(TM) solutions, giving customers
powerful capabilities to encode, index, store, dynamically publish and deliver
high quality video throughout corporate networks. This combination helps
companies cut costs and increase productivity within their e-learning and
corporate communications initiatives."
-- Amit Pandey, Senior Director of Content Delivery Marketing, Network
Appliance
"For over 3 years, WebWare has enjoyed a close relationship with Virage.
Their technology has consistently been excellent and also a cornerstone of our
video-related offerings to our Brand Resource Management customers. While the
word "partner" is all too often bandied about in press releases, Virage
actually delivers. They say what they're going to do, then actually do it.
Their technology works, works well, and provides several paths to its usage
that are accessible from people whose skill sets range from "webmaster" to
hard-core programmer."
-- John C. Fox, Chief Technical Officer, Webware Corporation
"We extensively evaluated several vendors and technologies in the video
content management area, and Virage's platform was far and away the most
mature, robust and full-featured of them all. The elegant architecture and
quality documentation and support allowed us to develop solutions rapidly. It
worked exactly like Virage said it would."
-- Marzio Laurenti, President and CEO, Telespazio Latin America
"A joint solution combining the intelligence of CacheFlow's Content
Delivery Architecture with Virage's Video Application Platform offers a
robust, highly scalable and efficient solution to video-enabled corporate
networks. The Virage platform combined with CacheFlow's cIQ(TM) Content
Delivery Architecture offers companies a comprehensive end-to-end solution for
e-learning and corporate communications."
-- Frank Cabri, Director of Marketing, CacheFlow, Inc.
"Virage is a true leader in video solutions. Generic Media is pleased to
have partnered with Virage to provide custom streaming services for broadcast
and wireless that deliver applications across multiple formats, devices and
platforms. With their Video Solution Marketplace, Virage is aggressive both
with technology development, and getting those solutions into the hands of top
customers."
-- Peter Hoddie, CEO, Generic Media
"There is a natural fit between Virage, which delivers powerful online
video solutions, and Telestream's automated streaming media publishing
products. Virage provided a solid, well-documented SDK which has allowed us
to quickly integrate our products with theirs for a complete
indexing/encoding/publishing solution. We found Virage to be partner-friendly
and highly responsive to our needs and to those of our customers."
-- Shawn Carnahan, Chief Technical Officer, Telestream
"Virage's technology was clearly developed with special attention to
integrate and add further value to complementary technologies such as Javu's
Video Processing Server. Virage software is easy to use and consistently lives
up to our customers' expectations."
-- Daniel Stein, President, Javu Technologies
"Virage's scalable platform provided X-Art with the opportunity to present
our customers with every benefit derived from Virage's industry-leading
technology. X-Art is extremely pleased with the ability to develop further
aspects of the platform for mutual benefit of both companies, as well as our
customers."
-- Andreas Pongratz, Chief Technical Officer, X-Art
"The Virage developer program has been one of the most effective means for
DSMCi to build over 13 enhancing applications and plug-ins around their
numerous applications for the last five years. The stability in their
architecture and SDK has allowed us as integrators to develop without the
'fear to re-engineer.' Furthermore, with Virage's consistent business model,
great lead generation, and excellent sales and business development support we
have grown our customer base dramatically in both entertainment, education and
government while enhancing the overall solution set with and for Virage."
-- Duane Shugars, CEO, DSMCi
"Virage's partner-friendly architecture allows us to easily integrate
leading video indexing technology with TEAMS, giving our customers additional
ways to quickly access video for reuse and leverage the value of their video
assets. In addition, these capabilities, accessible through an open,
easy-to-use interface, provides added convenience for our customers."
-- Dipto Chakravarty, Chief Technical Officer, Artesia Technologies
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, as that term is used in Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements are denoted by
such words as "will offer," 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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