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ViewCast
Provisions Video Distribution and Conferencing System for
HSBC Bank USA in New York
Viewpoint VBX provides video distribution between US
and Europe, Hong Kong
DALLAS
(Sept. 26, 2001) - ViewCast Corporation (NASDAQ: VCST),
the video communications leader, and Delta Computer Group
announced today the sale of ViewCast Viewpoint(TM) VBX video
distribution and conferencing systems to HSBC Bank USA.
The systems provide video distribution for New York and
New Jersey locations, as well as connectivity to VBX systems
in Europe and Hong Kong.
The
versatile Viewpoint VBX can be used in many popular video
distribution applications, including broadcast, videoconferencing,
corporate communications, video-based training, surveillance,
security, and distance learning applications. The HSBC Bank
USA installation is the latest addition to ViewCast equipment
previously installed to the financial institution's video
network.
"HSBC
Bank USA's use of cutting edge technology like the ViewCast
Viewpoint VBX allows the organization to provide up-to-the-second
financial information and comprehensive financial services
for its clients. Video-based communications provide substantial
cost and time savings, as well as reduce anxieties related
to travel,'' said George Platt, president and chief executive
officer of ViewCast. "This system installation is the
latest in what we anticipate to be an ongoing relationship
with one of the world's leading financial services organizations.''
HSBC
Bank USA is a leading financial services organization with
combined assets of the bank and its US holding company,
HSBC USA Inc., of $85.4 billion. HSBC USA Inc. is the 11th
largest US holding company in total assets and is an indirectly
held, wholly owned subsidiary of HSBC Holdings PLC (NYSE:
HBC
- news),
which is headquartered in London. The HSBC Group has more
than 6,500 offices in 78 countries and territories in Europe,
the Asia-Pacific region, the Americas, the Middle East and
Africa.
Delta
Computer Group, the authorized ViewCast reseller servicing
the HSBC Bank USA account, provides ViewCast's products
including its ViewCast Internet streaming video systems,
Viewpoint(TM) VBX (an enterprise video PBX), Osprey(TM)
video codecs and capture cards, and WorkFone(TM) desktop
conferencing products.
About
Viewcast Corporation
ViewCast
develops products and services that provide video networked
solutions. ViewCast maximizes the value of video through
its core businesses: Osprey® Video provides the streaming
media industry's de facto standard capture cards; ViewCast
Systems integrates turnkey streaming and video distribution
systems; and ViewCast Online Solutions delivers complete
B2B solutions and video delivery for online video communications.
From streaming digital video on the Internet to distribution
of broadcast-quality video throughout the corporate enterprise
plus comprehensive "click, create and view" video
software applications, ViewCast provides the complete range
of video solutions. Visit the company's web sites (http://www.viewcast.com,
http://www.ospreyvideo.com and http://www.viewcastonline.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.
All
trademarks are property of their respective holders.
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