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) January 10, 2002
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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 January 10, 2002 the Registrant announced that it has signed a sales and
marketing partnership agreement with Ministry of Media GmbH
http://www.ministry.de/, a leading web advertising agency, media consulting and
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technology provider, and production and marketing company headquartered in
Hamburg, Germany.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99.1 News Release dated January 10, 2002
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: January 10, 2002 By: /s/ Anton J. Drescher
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ANTON J. DRESCHER,
CORPORATE SECRETARY
FORM 8-K 3
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USVO ESTABLISHES SALES &
[GRAPHIC OMITTED] MARKETING PARTNERSHIP WITH
GERMANY'S PREMIERE DIGITAL
ADVERTISING AGENCY
MYSTIC, CONNECTICUT, JANUARY 10, 2002 - USA Video Interactive (OTCBB: USVO;
CDNX: US; BSE/Frankfurt: USF; http://www.usvo.com/) has signed a sales and
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marketing partnership agreement with Ministry of Media GmbH
http://www.ministry.de/, a leading web advertising agency, media consulting and
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technology provider, and production and marketing company headquartered in
Hamburg, Germany. The agreement creates a new sales and marketing channel for
USVO's products and services. Ministry of Media GmbH's client list includes
Warner Brothers, MTV Europe, Deutsche Bank 24, Bertelsmann AG and Deutsche Bahn
AG.
"Our relationship with Ministry of Media GmbH provides USVO a strategic position
from which to build our sales activity in Germany, and then in other European
markets," said USVO's President and CEO Edwin Molina. "We are confident that
this partnership represents a new and important step in fulfilling the global
promise and potential of our StreamHQ(TM) architecture and our Zmail
application."
"USVO's sophisticated Internet media solutions provide us with a competitive
advantage, and with new potential for establishing our company as a leader in
its core businesses," said Ministry of Media GmbH Managing Director Marco
Luschnat. "The cost effectiveness and market intelligence of USVO's Zmail
application will help us succeed in the quickly expanding marketplace for
digital media services."
ABOUT MINISTRY OF MEDIA GMBH
Ministry of Media GmbHH, a Hamburg, Germany-based company provides digital
advertising, media consulting, media production, web design, and creative
services. Through a synthesis of these strengths and capabilities, Ministry of
Media GmbH helps its customers achieve success in the digital marketplace, with
an emphasis on the individual needs and requirements of each customer's business
model.
ABOUT USA VIDEO INTERACTIVE
USVO (OTCBB: USVO; CDNX: US; BSE/Frankfurt: USF; WWW.USVO.COM) 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
FORM 8-K 4
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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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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.