AMENDED FORM 8-K
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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) OCTOBER 6, 2003
USA VIDEO INTERACTIVE CORP.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHAPTER)
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WYOMING 0-29651 06-15763-91
(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION FILE NUMBER) IDENTIFICATION NO.)
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83 HALLS ROAD, OLD LYME, CONNECTICUT 06371
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
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(860) 434 - 5535
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE
NOT APPLICABLE
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On October 6, 2003, the Registrant announced that, after two years of core
software development, it plans to release MediaSentinel , its proprietary
patent-pending core Digital Rights Management technology (DRM), toward the end
of 2003. MediaSentinel is a digital watermark based technology that deters video
content piracy. MediaSentinel embeds an encrypted identifier into original
authorized video content, which is preserved in any unauthorized copies.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
EXHIBIT 99.1 NEWS RELEASE DATED OCTOBER 6, 2003.
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: NOVEMBER 3, 2003 BY: /S/ ANTON J. DRESCHER
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ANTON J. DRESCHER,
CORPORATE SECRETARY
USA VIDEO INTERACTIVE NEARS COMPLETION OF MEDIASENTINEL DRM TECHNOLOGY
OCTOBER 6, 2003 - OLD LYME, CONNECTICUT - USA Video Interactive Corp. (OTCBB:
USVO; TSX: US; BSE/Frankfurt: USF; http://www.usvo.com)
USA Video Interactive Corporation (USVO) is pleased to announce that, after two
years of core software development, it plans to release MediaSentinel , its
proprietary patent-pending core Digital Rights Management technology (DRM),
toward the end of 2003.
MediaSentinel is a digital watermark based technology that deters video content
piracy. MediaSentinel embeds an encrypted identifier into original authorized
video content, which is preserved in any unauthorized copies.
Attributes of MediaSentinel technology:
- - Invisible to human perception
- - Does not interfere with the content
- - Virtually impossible for pirates to remove without rendering the video
content useless
- - Enables pirated copies to be traced back to the original source
Initial products to be deployed utilizing the MediaSentinel technology are a
Media Encoder (fingerprint generator), a Decoder (fingerprint reader) and a
Software Developer's Kit (SDK) which will enable licensees, serving end user
markets, to implement MediaSentinel technology within their own products.
Upon final release of MediaSentinel , USVO will issue a subsequent announcement,
containing further product and technology details.
ON BEHALF OF THE BOARD OF DIRECTORS
"Edwin Molina"
Edwin Molina,
President
ABOUT USA VIDEO INTERACTIVE CORP.
USVO is a developer and supplier of Internet media delivery services, systems,
and innovative end-to-end solutions. The Company developed its StreamHQ
architecture to provide a wide range of business customers with value-added
media delivery services. 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 165 other patents. USVO holds
similar patents in Germany, Canada, England, France, Spain, and Italy. For more
information, visit www.usvo.com.
USA Video Interactive Corporate Headquarters Office: 83 Halls Road, Old Lyme,
Connecticut, 06371 Telephone (860) 434 - 5535 Facsimile (860) 434 - 5782;
Canada Office: 507 - 837 West Hastings Street, Vancouver, BC V6C 3N6.
Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange
US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP
902924208. For more information contact Edwin Molina (860) 434 - 5535;
info@usvo.com
The press release may contain forward-looking statements. Actual results may
differ materially from those projected in any forward-looking statements.
Investors are cautioned that such forward-looking statements involve risk and
uncertainties, which may cause actual results to differ from those described.
The TSX Venture Exchange (TSX) has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.