FORM 8-K 3
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USA VIDEO INTERACTIVE LISTED ON THE
FRANKFURT EXCHANGE
USVO
USA VIDEO INTERACTIVE CORP.
MYSTIC, CONNECTICUT, OCTOBER 10, 2001 -- USA Video Interactive (OTCBB: USVO;
CDNX: US; BSE: USF www.usvo.com) has been approved for listing on the Frankfurt
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Stock Exchange and began trading on October 3 under the symbol USF. Berliner
Freiverkehr (Aktien) AG, is acting as a market maker for the Company's stock.
The Frankfurt listing is in addition to the Berlin unofficial regulated market
announced in July. The Frankfurt listing further allows European investors to
buy shares in local currency and helps establish a more significant presence in
Europe for USVO. Makro GMBH prepared the documentation necessary for USVO's
listing on the Frankfurt Stock Exchange, Quotes can be accessed at
www.comdirect.de.
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"We are pleased to be listed on the Frankfurt Stock Exchange and look forward to
the increased exposure the listing will provide," said Edwin Molina, President
and CEO of USVO. "The Frankfurt listing, combined with upcoming conferences in
Germany later this year, at which USVO representatives will speak, should
increase awareness of USVO in Europe and posture the company for significant
growth. With the StreamHQ(TM) launch now complete, this listing comes at an
opportune time."
ABOUT USA VIDEO INTERACTIVE
USVO is a developer and supplier of Internet media delivery services, systems,
and innovative end-to-end solutions. The company has developed its StreamHQ(TM)
architecture to provide a wide range of business customers with value-added
media delivery services. StreamHQ(TM) facilitates the transmission of digitized
and compressed video to the user's desktop via multiple modes that take
advantage of available connectivity. While competitors take a
"one-size-fits-all" streaming approach, StreamHQ(TM) brings unique value
propositions to individual vertical markets with functionality designed
specifically for those markets. Beyond high quality media delivery, USVO gives
its customers media asset management tools and information that provide
accountability and return on investment (ROI) for their streaming expenditures.
USVO has created Zmail, which uses StreamHQ(TM) to deliver rich media emails for
advertising, marketing, corporate communications, and customer service
applications. USVO holds the pioneering patent for store-and-forward video,
filed in 1990 and issued by the United States Patent and Trademark Office on
July 14, 1992; it has been cited by at least 145 other patents. USVO holds
similar patents in Germany, Canada, England, France, Spain, and Italy, and has a
similar patent pending in Japan. For more information, visit www.usvo.com.
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USA VIDEO INTERACTIVE Corporate Headquarters Office: 70 Essex Street; Mystic, CT
06355; (800) 625-2200; (860) 572-1560. Canada Office: 837 West Hastings Street;
Suite #507; Vancouver, B.C. V6C 3N6. Trading symbol on the OTCBB: USVO; Trading
symbol on The Canadian Venture Exchange: US; Trading Symbol on the Berlin Stock
Exchange: USF. Standard & Poors Listed. CUSIP 902924208. The Canadian Venture
Exchange (CDNX) has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release. For more information contact: Kevin Yorio,
860-572-1560; info@usvo.com
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This press release may contain forward-looking statements. Actual results may
differ materially from those projected in any forward-looking statement.
Investors are cautioned that such forward-looking statements involve risk and
uncertainties, which may cause actual results to differ from those described