FORM 8-K 1
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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 19, 2001
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USA VIDEO INTERACTIVE CORP.
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(Exact name of registrant as specified in its chapter)
WYOMING 0-29651 06-15763-91
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(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
70 ESSEX STREET, MYSTIC, CONNECTICUT 06355
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(Address of principal executive offices) (Zip Code)
(800) 625-2200
Registrant's telephone number, including area code
Not Applicable
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(Former name or former address, if changed since last report)
FORM 8-K 2
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ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On December 19, 2001 the Registrant announced that it has joined the AT&T
Ecosystem for Media program, a network services platform with a comprehensive
co-marketing and distribution program that enables companies to create, manage
and deliver digital media applications.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99.1 News Release dated December 19, 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 19, 2001 By: /s/ Anton J. Drescher
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ANTON J. DRESCHER,
CORPORATE SECRETARY
FORM 8-K 3
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USVO
USA Video Interactive Corp.
MYSTIC, CONNECTICUT, DECEMBER 19, 2001 - USVO announced that it has joined the
AT&T Ecosystem for Media program, a network services platform with a
comprehensive co-marketing and distribution program that enables companies to
create, manage and deliver digital media applications.
AT&T's Ecosystem for Media helps businesses unleash the power of applications
such as website acceleration, streaming media, distance learning and
media-enriched e-commerce. By combining AT&T's world-class data and Internet
infrastructure, its digital media production capabilities and its broad network
reach with USVO's specialized expertise in Internet media delivery, USVO will be
able to provide its services and solutions to AT&T clients requiring rich media
capabilities.
AT&T's Ecosystem for Media provides its customers with a continuum of content
distribution options. For businesses that want to use the public Internet to
distribute their content, AT&T's Intelligent Content Distribution Services
provide customers with a variety of options for accelerating website
performance, video-on-demand and webcasting capabilities. For businesses with
enterprise-class networking needs that want to distribute their content within a
private, high-performing and highly reliable network, AT&T offers its high-speed
packet services.
"AT&T is always looking for technology providers with unique capabilities to add
to our roster of Ecosystem for Media members, said Mike Jenner, vice president
of global IP network services, AT&T. "Working with companies such as USVO, AT&T
is able to provide the full spectrum of capabilities, from content creation and
distribution to media management, to meet the requirements of customers with
media-rich applications." "AT&T's Ecosystem for Media program presents us with
an opportunity to provide StreamHQ(TM) media delivery solutions to more
customers," said Edwin Molina, USVO's President and CEO. "The program will help
give our products greater visibility."
ABOUT USA VIDEO INTERACTIVE (USVO)
USVO (OTCBB: USVO; CDNX: US; BSE/Frankfurt: USF) 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, media and application hosting, multi-mode content
distribution, and transaction data capture and reporting. 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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FORM 8-K 4
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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.
ABOUT AT&T
AT&T (http://www.att.com) is among the world's premier voice, video and data
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communications companies, serving consumers, businesses and government. Backed
by the research and development capabilities of AT&T Labs, the company runs the
world's largest, most sophisticated communications network and is the largest
cable operator in the U.S. The company is a leading supplier of data and
Internet services for businesses and offers outsourcing, consulting and
networking-integration to large businesses.
AT&T 'SAFE HARBOR'
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The foregoing are "forward-looking statements" which are based on management's
beliefs as well as on a number of assumptions concerning future events made by
and information currently available to management. Readers are cautioned not to
put undue reliance on such forward-looking statements, which are not a guarantee
of performance and are subject to a number of uncertainties and other factors,
many of which are outside AT&T's control, that could cause actual results to
differ materially from such statements. For a more detailed description of the
factors that could cause such a difference, please see AT&T's filings with the
Securities and Exchange Commission. AT&T disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. This information is presented solely to
provide additional information to further understand the results of AT&T.