FORM 8-K 3
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USV
USA Video Interactive Corp.
MYSTIC, CONNECTICUT, DECEMBER 12, 2001 - USA Video Interactive Corp. (OTCBB:
USVO; CDNX: US; BSE/Frankfurt: USF; www.usvo.com) today announced that EMC
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Corporation (NYSE: EMC), the world leader in information storage, has recognized
USVO as an EMC Proven(TM) E-Infostructure(TM) certified company.
The EMC Proven program identifies businesses that have employed best practices
for enterprise storage and information systems. The certification signifies
that a company has implemented an IT infrastructure able to support the
operational needs of brick and mortar companies and Internet-based businesses or
services. Customers of and investors in EMC Proven companies have confidence in
knowing that the necessary enterprise storage resources have been implemented to
operate at peak efficiency, adapt to a constantly changing business climate, and
easily manage growth.
USVO has uniquely adapted an EMC information storage solution to the
requirements of rich media delivery over the Internet. Within the StreamHQ(TM)
infrastructure, an EMC Symmetrix(R) Enterprise Storage system is used to store
all of the transactional and asset management data associated with client Zmail
campaigns or other media delivery projects. Furthermore, the Symmetrix system
stores encoded rich media files and, via fiber connectivity to the StreamHQ(TM)
streaming servers, delivers this content to the Internet with maximum efficiency
and minimum latency.
"Storage is an essential element of our end-to-end StreamHQ(TM) services
offering," said Robert Smith, Chief Operating Officer of USVO. "Considering the
investment our clients make in their marketing, corporate communications, or
customer service media campaigns, reliability and security of storage for their
intellectual property is assumed. Expanding our relationship with EMC by
meeting the stringent criteria of their Proven program provides these clients
with the confidence that their valuable media content and data is readily
accessible and resides within a secure environment."
"With an EMC Proven E-Infostructure, USVO can offer its customers the highest
levels of information availability," said Chuck Hollis, Vice President of
Markets and Products at EMC. "The EMC Proven program is a standard upon which
investors and customers can measure commitment to future success and the promise
of customer satisfaction."
ABOUT STREAMHQ(TM)
StreamHQ(TM) introduces unprecedented technological and business advantages to
Internet media users by providing media delivery solutions customized to
specific markets. Value-added features such as detailed user transaction
tracking and viewer authentication/entitlement, combined with superior security
of client content and data, set StreamHQ(TM) apart from competing services.
StreamHQ(TM) serves a wide variety of business models and delivers a range of
revenue-producing and cost-saving rich media applications such as Zmail, which
can fit the business goals and budgets of almost any organization. StreamHQ(TM)
services can also be seamlessly integrated into any existing corporate web
property, making it easy to add the power of rich media to any site and measure
the results. Finally, StreamHQ(TM) is a scalable and customizable streaming,
web, and data management architecture that can be designed, built, and delivered
as a turnkey enterprise-level media delivery platform.
FORM 8-K 4
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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 and
Frankfurt Stock Exchanges: 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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EMC and Symmetrix are registered trademarks and EMC Proven and E-Infostructure
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are trademarks of EMC Corporation
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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.