FREEHOLD, N.J., Sept. 11 /PRNewswire/ --
Piranha, Inc. (OTC Bulletin Board: BYTE), an innovator in data compression
technology, has received orders for the Piranha Net(TM) compression software
solution from Imaging Consortium, a leading service provider for companies
re-purposing images for use on the internet, and DDB Worldwide, one of the
world's leading advertising agencies.
Piranha Net(TM) enables companies such as the Imaging Consortium and DDB
Worldwide to create smaller, higher-quality files that allow web pages to
download much faster than normal. In some cases, Piranha Net enables
end-users to download web pages at eight times the rate that is typical.
Both companies also have purchased Piranha Byte(TM), a compression
solution for the publishing, printing, medical and financial industries, from
Impact Solutions, Inc., a wholly owned subsidiary of Piranha.
Imaging Consortium, a full service provider of digital pre-media, creative
concept execution and Internet-enabled advertising production solutions, is a
member of The LTC Group.
The LTC Group is a global leader in digital advertising and marketing
solutions. Dedicated to increasing clients' profitability and market share,
LTC specializes in creative services, digital media production, eMarketing and
strategic consulting. Their clients are among Fortune 500 companies and span
across such diverse industries as retail, consumer and commercial products as
well as the world's leading advertising agencies. The LTC Group has more than
2,000 professionals working at over 60 worldwide locations.
DDB Worldwide has the largest agency network in the U.S. and the third
largest in the world with billings of $15.4 billion in 1999. The company has
206 offices in 98 countries around the globe.
"The Imaging Consortium delivers media over the Internet for some of the
leading agencies in the world," said Robert Guida, Chief Engineer at Imaging
Consortium. "Current tools for producing the pages is fairly good but the
better quality and more efficient compression offered by Piranha Net reduces
our costs and improves the workflow and productivity for our clients."
"Consumers on the web have myriad choices of where to view content or shop
for goods and services. In many cases, it's the overall experience that will
win or keep customers," said Larry Greybill, president of Impact Solutions.
"PiranhaNet technology makes web pages load faster so consumers spend more
time shopping and less time waiting for pages to load."
About Piranha, Inc.
Piranha, Inc., based in Dallas, Texas, provides digital data compression
technology through its three commercially available products: Piranha
Byte(TM), a publishing and printing product focusing on digital media
workflow, Piranha Net(TM), an image-based Web page product, and Piranha
Stream(TM), a real-time, streaming video product. Piranha products are
available on Linux, Windows and Macintosh systems. Impact Solutions, Inc. is
located in Freehold, NJ. More information is available at http://www.piranha.com and
http://www.impact-s.com or by calling Impact Solutions (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,
732-409-5190, or lgreybill@impact-s.com; or Michael DiLorenzo or
David McKee, both of Schwartz Communications, Inc., for Piranha,
781-684-0770, or piranha@schwartz-pr.com.
SOURCE Piranha, Inc.
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Related links: http://www.piranha.com http://www.impact-s.com
CONTACT: Larry E. Greybill of Piranha, Inc. and Impact Solutions, 732-409-5190, or lgreybill@impact-s.com; or Michael DiLorenzo or David McKee, both of Schwartz Communications, Inc., for Piranha, 781-684-0770, or piranha@schwartz-pr.com
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