Piranha Stream(TM) Real Time Encoding Compresses Films from RKO Pictures and
The Brooklyn Tabernacle Choir: Compression Rates and High Quality Make
Piranha Stream(TM) The Industry's Leading Video Compression Technology
DALLAS, Aug. 18 /PRNewswire/ -- Piranha, Inc. (OTC Bulletin Board: BYTE),
an innovator in data compression solutions, demonstrated the power of its new
Piranha Stream(TM) streaming video technology at its annual shareholders
meeting. Until now, high quality encoded theatrical movies could only be
viewed on a computer desktop using DVD technology.
Piranha CEO Ed Sample demonstrated the first Piranha Stream(TM) CD-ROM
that contained a high quality RKO Pictures 90-minute theatrical movie, and a
7-minute promotional piece. Sample also provided shareholders with a second
CD-ROM demonstration that contained a 70-minute concert featuring the Grammy
Award winning Brooklyn Tabernacle Choir (BTC) as well as several music videos
and movie trailers.
"I have seen the compression technology of tomorrow today, and its name is
Piranha Stream," states Jeff Moseley, president of music label M2.0 and
20-year veteran of the Christian music industry. "Never before have I seen
this level of quality and clarity in concert with this large leap in
technology. I feel privileged to be among the first to utilize the Piranha
Stream technology on behalf of the world renowned Brooklyn Tabernacle Choir
and other artists who desire to be at the forefront of video and audio. As
far as I am concerned, all other compression technologies have a long swim
upstream."
"Compressing a 162 gigabyte movie onto a 650 megabyte CD-ROM in 'real
time' is a great achievement, but delivering it in broadcast quality is an
amazing feat," said Nate McClintock, President and Chief Operating Officer of
Piranha's Zideo.com subsidiary, which markets Piranha products. "Until now,
it couldn't be done because the picture quality was not up to par when
compressed at those rates. Piranha Stream has changed all that with our 'real
time' encoding and unique science. This product will have a significant
impact on the streaming video industry."
About RKO Pictures
RKO Pictures occupies a unique place in the history of filmmaking.
Founded in 1929, it is the oldest continuously operating studio with a rich
past and an exciting future. In its heyday (during the Golden Age of
Hollywood), RKO released an average of 40 movies per year and had some of
film's most talented artists under contract. These included such luminaries
as Katharine Hepburn, Cary Grant, Ingrid Bergman, Orson Welles, Robert
Mitchum, Bette Davis, Lucille Ball, John Ford and Alfred Hitchcock, while the
studio produced such classics as King Kong, Citizen Kane, It's a Wonderful
Life, The Hunchback of Notre Dame, The Bells of St. Mary, The Best Years of
Our Lives, as well as a host of Astaire-Rogers musicals.
"Milk and Money" and the RKO Pictures promotional piece were provided to
Piranha courtesy of RKO Pictures, Los Angeles, CA.
About The Brooklyn Tabernacle Choir
The 275-voice choir has recorded two videos and numerous albums. The
choir's latest album is called "God is Working." Their concert venues in New
York City have included Carnegie Hall, Radio City Music Hall, the Paramount
Theater, and a sold-out performance in the large arena of Madison Square
Garden. The Choir has been blessed to receive three Grammy Awards and
two Dove Awards. Carol Cymbala serves as director of the choir. "God is
Working" was provided to Piranha courtesy of The Brooklyn Tabernacle Choir.
About Jeff Moseley
Jeff Moseley is a 20-year veteran of the Christian music industry who
started his own label M2.0 in 1999 after most recently serving as president of
Benson Records. Moseley currently serves as the Chairman of the Gospel Music
Association.
About Piranha, Inc.
Piranha, Inc., an eight-month-old company based in Dallas, Texas, provides
digital data compression technology that enhances the speed of the Web and
maximizes bandwidth and storage for publishing and e-commerce industries. In
June, Piranha, Inc. launched its Piranha Byte(TM) "lossless" compression
technology for the publishing and printing industry. Piranha Byte(TM) was
developed in cooperation with Piranha's Advisory Board members Time, Inc.,
Newsweek Magazine, R.R. Donnelley and Sons, Quad Graphics, Young & Rubicam and
Federated Consulting, Inc. and has already been purchased by such industry
giants as McCann-Erickson, DDB Worldwide, and Quebecor, the world's largest
printer. In July, Piranha launched Piranha Net(TM) and on August 1st
introduced Piranha Stream(TM).
Piranha solutions increase the speed of Web pages, and maximize bandwidth
and storage. Piranha products are available on Linux, Windows and Macintosh
systems. More information is available at http://www.piranha.com .
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.
Please contact
Edward W. Sample, C.E.O. Michael DiLorenzo/David McKee
Piranha, Inc. Schwartz Communications
214-800-2835 781-684-0770
edsample@piranhabyte.com piranha@schwartz-pr.com
SOURCE Piranha, Inc.
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Related links:
http://www.piranha.com
CONTACT:
Edward W. Sample, C.E.O. of Piranha, Inc.,
214-800-2835, or edsample@piranhabyte.com; or Michael DiLorenzo,
or David McKee, both of Schwartz Communications, 781-684-0770, or
piranha@schwartz-pr.com
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