Piranha Prepares for Launch of Professional Encoding Services for
Entertainment, Sports and Broadcast industries
DALLAS, Oct. 10 /PRNewswire/ -- Piranha, Inc. (OTC Bulletin Board: BYTE),
an innovator in data compression solutions, today announced that it has
selected the SGI(TM) Origin(TM) 3000 series server as the development platform
for a proprietary multiprocessor software encoding system that allows for
real-time, multistream image processing, as well as state-of-the-art video
compression.
"Piranha has developed a state-of-the-art data compression process that
improves the user experience and reduces the overall bandwidth requirements
that are currently strangling the Internet," said Carey Lotzer, Chief
Scientist, Piranha, Inc. "We intend to offer significant increases in
available bandwidth with our compression products while offering an image that
beats all current standards."
"We believe that the real-time quality and dependability of the Piranha
encoding process on the SGI Origin 3000 series server along with the speed of
the Piranha decoding software will be a plus to many existing player
technologies. We fully intend that this unique and innovative system will
power the next generation of Digital Cinema/Video-on-Demand set-top
appliances," said Don Ashley, President and Chief Operating Officer, Piranha,
Inc. "Today's announcement further defines Piranha's position in the
professional, high-end marketplace for streaming media."
SGI Origin 3000 series servers utilize the unique SGI NUMAflex(TM) modular
technology, a brick-like system for constructing small to very large
configurations from a common set of building blocks. The NUMAflex modular
system allows users to build the optimum configuration one component at a time
and adopt new technologies that map to their specific business needs.
"We are pleased that Piranha has selected the SGI Origin 3000 series
server as its primary platform for its innovative video encoding solution,"
said Greg Estes, Vice President and General Manager, Telecommunications and
Media Group, SGI. "As I/O and bandwidth needs continue to grow, the flexible
modular architecture of the Origin 3000 series server is uniquely suited to
meet the expanding needs of Piranha's customers."
About Piranha, Inc.
Piranha, Inc., based in Dallas, Texas, provides digital data compression
technology through its three commercially available products: Piranha
Stream(TM), a real-time streaming video product; Piranha Net(TM), an image
based Web page product; and Piranha Byte(TM), a publishing and printing
product focusing on digital media workflow. Piranha products are available on
Linux(R), Windows(R) and Macintosh systems. More information is available at
http://www.piranha.com .
About SGI
SGI (NYSE: SGI) provides a broad range of high-performance computing and
advanced graphics solutions that enable customers to understand and conquer
their toughest computing problems. SGI Media Commerce(TM) solutions enable
entertainment, media and broadband Internet customers to transact content over
a vast range of networks. Headquartered in Mountain View, Calif., with offices
worldwide, the company is located on the Web at http://www.sgi.com .
SGI, Origin, NUMAflex, SGI Media Commerce and Media Commerce are
trademarks of Silicon Graphics, Inc. Linux is a registered trademark of Linus
Torvalds. Windows is a registered trademark of Microsoft Corporation.
Macintosh is a registered trademark of Apple Computer, Inc.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995:
Included in this press release 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: Edward W. Sample, CEO of Piranha, 214-800-2835, or
edsample@piranhabyte.com, or Michael DiLorenzo or David McKee, both of
Schwartz Communications, 781-684-0770, or pirahna@schwartz-pr.com, or Lisa
Pistacchio of SGI, 650-933-5683, or pistacchio@sgi.com
SOURCE Piranha, Inc.
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Related links:
http://www.piranha.com
CONTACT:
Edward W. Sample, CEO of Piranha,
214-800-2835, or edsample@piranhabyte.com; or Michael DiLorenzo
or David McKee, both of Schwartz Communications, 781-684-0770, or
pirahna@schwartz-pr.com; or Lisa Pistacchio of SGI, 650-933-5683,
or pistacchio@sgi.com
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