Viewcast Announces MPEG Capabilities for Viewpoint VBX� System
OEM Agreement with Minerva Networks Gives Viewcast Industry-Leading Flexibility
Dallas, Texas, February 9, 2000 - Viewcast, Inc. (Nasdaq:VCST), a leading provider of Internet and networked video solutions, today announced that it had concluded an OEM agreement with Minerva Networks, Inc. whereby Viewcast will integrate the Minerva Video Network Platform (VNP�) MPEG-2 CODEC as part of its Viewpoint VBX� video communication system. The agreement enables Viewcast to support the growing demand for carrier-quality video conferencing and immediately addresses a strategic selling opportunity.
The Viewpoint VBX System provides a flexible video PBX architecture that video-enables hundreds of desktops throughout an enterprise. A single Viewpoint VBX System in your switch room controls video connections anywhere in your building or campus. With the Viewpoint VBX� Codec Array, users from remote sites can use the system as easily as the local staff. Virtually every telephony and networking protocol is supported through the codec array. The Minerva VNP is a carrier-quality MPEG-1&2 network appliance optimized for video distribution over IP networks and corporate Intranets.
"This addition of MPEG codecs to the Viewpoint VBX will give Viewcast customers tremendous flexibility in addressing their video needs," said Viewcast President and CEO George Platt. "The Viewpoint VBX� extends the reach of video communication, so that users can access high-quality video communication tools � in a cost-effective manner � from the desktop or from the conference room."
"Minerva has been offering carrier-quality and open-standards products and we are pleased that Viewcast has chosen Minerva�s VNP technology to complement their VBX system," said Patrick Sweeney, Vice President of Marketing at Minerva Networks.
Platt said that the agreement is consistent with the company's strategy to service multiple standards.
"The Viewpoint VBX offers customers their choice in video quality � whether it's H.323 via an IP network, H.320 over ISDN lines, H.324 over analog phone lines or, now, the broadcast quality of MPEG," Platt said.
The addition of MPEG-2 capability builds on Viewcast�s incorporation of H.323 standard support based on the industry-leading H.323 protocol stack from RADvision, Inc. As a result, companies that have invested in high bandwidth TCP/IP networks can now leverage that investment to enable video communication at a choice of quality levels with the Viewpoint VBX.
Utilizing the Viewpoint VBX integrated conference bridging facility enables meetings to be distributed to multiple parties simultaneously by integrating multiple video communication standards, including communications standards H.323, H.320, H.324 and/or compression standard MPEG.
The Viewpoint VBX also offers very high-quality video distribution for applications in enterprise television distribution, videoconferencing and corporate security.
About Viewcast
Viewcast enables video communication over the Internet and corporate
networks through its components, systems, and turnkey solution products. The
company is known around the world as the leading provider of enterprise-wide,
digital video communications solutions for both real-time and on-demand
applications. Osprey� video capture cards and codecs, ViewCast� Streaming
Video Solutions and Viewpoint VBX� System products deliver a wide array of
video solutions for both analog and digital video communication systems.
Viewcast�s "Your Video on the Web�" is the first consumer
product and hosting service that brings streaming media capabilities to home
users and allows small businesses to easily add video to their Web sites.
Viewcast is unique in its ability to deliver cutting edge networked video
solutions while delivering systems to transition legacy video communication
equipment. Viewcast products are available either directly from the company,
or from leading OEMs, system integrators, leading resellers and application
developers worldwide.
Visit our Web site (http://www.Viewcast) for
more information.
About Minerva Networks, Inc.
Minerva Networks, Inc. is an established leader in the digital video industry. Minerva�s mission is to provide carrier quality video networking products for the deployment of next generation e-commerce, communications and entertainment applications over IP networks. Minerva video networking products are used by systems integrators and OEMs to implement a wide range of solutions including distance learning, corporate training, video conferencing, telemedicine, business-to-business e-commerce, digital television, and video on-demand systems for enterprises and broadband network service providers. For more information, visit the Minerva Web site at http://www.minervanetworks.com or send an e-mail to [email protected].
Minerva Networks is headquartered at 2111 Tasman Drive, Santa Clara, CA 95054 tel: (408) 567-9400; fax: (408) 567-0747.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors which could cause actual results to differ materially are described in the Company's reports on Form 10-KSB and 10-QSB on file with the Securities and Exchange Commission.
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