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 22, 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 23, 2002 the Registrant announced the latest expansion of its
StreamHQ(TM) Internet media-delivery architecture, with the unveiling of
mediaClix(TM).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99.1 News Release dated January 23, 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 23, 2002 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
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USVO, INC. EXPANDS STREAMHQ(TM) INTERNET MEDIA SERVICES WITH LAUNCH OF
MEDIACLIX(TM)
INNOVATIVE SOLUTION OFFERS INCREASED EFFECTIVENESS AND INTELLIGENCE FOR ALL
"CLICK-THROUGH" WEB MODELS.
MYSTIC, CONNECTICUT, JANUARY 22, 2002 - USA Video Interactive Corporation
(OTCBB: USVO; CDNX: US; BSE/Frankfurt: USF; www.usvo.com) announced the latest
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expansion of its StreamHQ(TM) Internet media-delivery architecture, with the
unveiling of mediaClix(TM). Billed as "the power behind the click,"
mediaClix(TM) empowers under-performing "click-through" models with the
unprecedented power of StreamHQ(TM) rich media and the intelligence of its
advanced data capture and reporting.
mediaClix(TM) is the second commercial product announced under the StreamHQ(TM)
media-delivery architecture, and was designed to provide a higher return on
investment (ROI) to web-based business models that use click-through activities
as an integral part of online marketing.
"Getting prospects to click on a web element and then directing their engagement
with your company are two different things," said USVO's President and CEO Edwin
Molina. "mediaClix(TM) puts new power behind the click by giving our clients a
much more dynamic and targeted interaction with their prospects than has been
possible previously. Essentially, mediaClix(TM) lets our clients integrate the
elements of a TV commercial with the elements of a print ad and make the whole
thing interactive. mediaClix(TM) introduces an incredibly accessible and
powerful approach to generating value from click-throughs, and represents
another step in fulfilling USVO's commitment to continuously create new value
for our clients and our shareholders."
USVO's first signed mediaClix(TM) customer is World Vacations, Inc., which just
completed a contract with USVO for an initial combined Zmail and mediaClix(TM)
campaign. Founded in 1995, World Vacations, Inc. specializes in web-based
vacation marketing, and offers access to a variety of travel values, including
preferred pricing from more than 2900 top resorts, hotels, and condominiums
worldwide through its joint venture with Qualycon.
"Our on-line vacation services are already experiencing tremendous growth," said
World Vacations, Inc. President Rooney Castellon. "With the launch of our Zmail
and mediaClix(TM) promotions we expect to accelerate our growth even further,
and create new and innovative value for our business model."
ABOUT WORLD VACATIONS, INC.
Founded in 1995, World Vacations Inc. specializes in vacation, tourism, and
time-share marketing. Through its joint venture with Qualycon, World Vacations,
Inc. offers a sophisticated web-based model for vacation club membership to a
worldwide audience. With more than 15,000 members already enrolled, and with
global relationships including more than 2900 resorts, hotels, and condominiums
providing members with on-line air line reservations, car rental services,
cruises, and entertainment attractions at preferred pricing, World Vacations,
Inc. is in the forefront of Internet innovations servicing the travel industry
in Latin America and worldwide.
FORM 8-K 4
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ABOUT USA VIDEO INTERACTIVE CORPORATION
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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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.