FORM 8-K 1
- --------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest reported) December 3, 2001
------------------------------------
USA VIDEO INTERACTIVE CORP.
(Exact name of registrant as specified in its chapter)
- --------------------------------------------------------------------------------
WYOMING 0-29651 06-15763-91
- ---------------------------- ------------- -----------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
70 ESSEX STREET, MYSTIC, CONNECTICUT 06355
- ------------------------------------------------ -----------------------
(Address of principal executive offices) (Zip Code)
(800) 625-2200
Registrant's telephone number, including area code
Not Applicable
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
FORM 8-K 2
- --------------------------------------------------------------------------------
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On December 3, 2001 the Registrant announced that Phenomedia AG
(www.phenomedia-usa.com), a leading company in the interactive entertainment
----------------------
market, has signed a contract with USVO (OTCBB: USVO; CDNX: US; BSE/Frankfurt:
USF www.usvo.com) to stream four promotional videos showing footage from the
------------
up-coming New Line Cinema hit film The Lord of the Rings.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99.1 News Release dated December 3, 2001
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
USA VIDEO INTERACTIVE CORP.
Date: December 3, 2001 By: /s/ Anton J. Drescher
--------------------- ----------------------------------
ANTON J. DRESCHER,
CORPORATE SECRETARY
FORM 8-K 3
- --------------------------------------------------------------------------------
USV
USA Video Interactive Corp.
MYSTIC, CONNECTICUT, DECEMBER 3, 2001 - Phenomedia AG (www.phenomedia-usa.com),
----------------------
a leading company in the interactive entertainment market, has signed a contract
with USVO (OTCBB: USVO; CDNX: US; BSE/Frankfurt: USF www.usvo.com) to stream
------------
four promotional videos showing footage from the up-coming New Line Cinema hit
film THE LORD OF THE RINGS.
These promotional clips will be accessible online in conjunction with a
collection of interactive games developed by Phenomedia AG as part of a European
marketing campaign.
Phenomedia AG is the creator of web-based games that have attracted wide
audiences of Internet users. Previous Phenomedia AG successes in this arena
include the on-line game Moorhen, which attracted more than 250,000 simultaneous
players for an Internet tournament it promoted and hosted.
"We're glad to see our relationship with Phenomedia AG expand into new territory
with this deployment," said Daniel E. Kinnaman, USVO's Senior Vice President of
Sales and Marketing. "Our suite of StreamHQ(TM) solutions are designed to
support a wide range of rich media initiatives, and our premium encoding
services ensure the quality of movie trailers and other important video content
distributed via the Internet."
ABOUT PHENOMEDIA
Phenomedia of Bochum, Germany creates entertainment content for interactive
television, the Internet, and mobile device platforms. Phenomedia has been
strengthening its role as a key supplier in the dynamically growing market of
interactive entertainment through investments and acquisitions in Germany and
abroad, and was the first publicly traded entertainment software company on the
Neuer Exchange (symbol: PNM). Phenomedia also created the Moorhen online games
championships, which have attracted hundreds of thousands of players from
throughout Europe. The championship solidified Phenomedia's role in designing
extremely entertaining games as highly effective promotional tools. Phenomedia
recently co-founded MobileScopeAG in Dusseldorf to develop software - and game
software in particular - for mobile devices. Some of Phenomedia's other clients
include Deutsche Telekom, Mercedes-Benz, Panasonic, Sony Music Publishing, and
RTL New Media. For more information, visit www.phenomedia-usa.com or contact
----------------------
Miguel Oliveira 415-8240860, info@phenomedia-usa.com.
-----------------------
ABOUT USA VIDEO INTERACTIVE (USVO)
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
content delivery services. StreamHQ(TM) facilitates the transmission of
digitized and compressed video to the user's desktop via multiple modes that
take advantage of the 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 content delivery, USVO
gives its customers media asset management tools and information that provide
accountability and return on investment (ROI) for their streaming expenditures.
StreamHQ(TM) encompasses a range of end-to-end services from source to viewing,
including content production, content encoding, asset management and protection,
FORM 8-K 4
- --------------------------------------------------------------------------------
media and application hosting, multi-mode content distribution, and transaction
data capture and reporting. 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.
------------
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
-------------
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.