Viewcast Enters Australian Market, Signs Reseller Agreement With Lako Vision
Agreement Puts Viewcast Products and Services in Australia, Expands Pacific Rim Presence
DALLAS (Nov. 8, 2000) - Viewcast, Inc. (Nasdaq: VCST), a leading provider of Internet and networked video solutions, today announced that it has entered into a reseller distribution agreement with Lako Vision, a leading distributor in multimedia and desktop video editing products in Australia.
"Viewcast and its knowledge of the video streaming market will allow us to expand into new areas of the fast-growing market of Digital Video add-ons cards for the PC,� said Lako Vision Business Development Manager Nicolas Jouan. �We believe the Internet is the future of video broadcasting and with the Osprey products we will take a predominant share of that growing sector in Australia and New Zealand.
Lako Vision will carry the new Osprey-500 family, which has been designed specifically for the capture of broadcast-quality digital video for streaming media. The Osprey-500 product line has been optimized exclusively to support the Microsoft Windows Media Format with cooperation from Microsoft�s Digital Media Division. In addition, Lako Vision will sell and support the full line of Viewcast's streaming industry-leading Osprey products, including the Osprey-100, recommended by RealNetworks for use with the latest RealSystem 8.
"The dynamic growth of broadband applications in Australia and the Pacific Rim make it an essential market for Viewcast's networked and steaming video systems, solutions and products," said Brian Dean, Viewcast vice president of marketing. "Lako Vision is a respected company and is well-positioned to expand the presence of Viewcast products and services in this rapidly expanding market."
About Lako Vision
Lako Vision, Kew, Victoria, a division of Pineapplehead Ltd. (ASX: PNH), is a leading distributor in multimedia and desktop video editing products in Australasia. Established in 1986, Lako Vision have serviced the non-linear video editing & multimedia industry with the latest advancement in technology with industry leading products and suppliers such as Ulead Systems, Data Translation, Vine Micros, Orange Micros, Sigma Designs and Video Logic. For more information contact Lako Vision on (03) 9852 7444 or visit their web site at http://www.lakovision.com.au.
About Viewcast
Viewcast enables video communication over the Internet and corporate networks through its components, systems, and turnkey solution products. The company is known as a leading global 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 has the 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 the Viewcast Web site (http://www.viewcast.com) for more information.
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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