|
RETURN TO NEWSROOM
Multicast Media Networks and
NEURON Broadcasting Explore Co-development for New Streaming Media
Technologies for Internet Broadcast Network
The Companies Plan To Change The Way The World Watches
Broadcasting On The Internet…
North Palm Beach, FL - (July 16,
2001) - Neuron Broadcasting, a
foremost content hosting and distribution company providing
streaming solutions for Internet broadcasting; and Multicast Media
Network, the world’s first provider of a true 24/7, real-time
digital broadcast network, have announced they have reached a
Memorandum of Understanding to co-develop and integrate on-demand
and live encoding technologies for use in Multicast Media’s
comprehensive broadcast network. The companies will also explore
revenue opportunities to augment their rich media content
management and distribution solutions.
“Neuron boasts significant
streaming performance advantages in both live and on-demand
applications, and the portability of its DVS units is very
compelling for our national growth plans.” stated Louis
Schwartz, CEO and Chairman of Multicast Media. “By combining the
two companies’ proprietary technologies we bring the best of
breed to the market. The result will be a more inviting
environment for the general public in adopting and implementing
interactive television. People must be comfortable with the
technology before they will be comfortable adopting it. The plan
here is to make the streaming process as simple as possible while
delivering the best quality possible.”
“We look forward to exploring the
blending of our first-rate technologies to create an exceptional
enterprise solution for broadcasting on the Web 24/7,” said R.P.
Cropper, President and CEO of NEURON Broadcasting Technologies.
“If we are able to enhance the traditional broadcasting
experience for the Internet user by integrating rich VOD, video
e-mail, an e-commerce transactional envelope and other streaming
media services, Multicast Media and NEURON Broadcasting will
generate an excitement not yet achieved in this space.”
About Multicast Media Networks:
Multicast Media Networks (www.multicastmedia.com)
provides broadcasters, corporations, institutions of higher
learning, on-line retailers and independent content providers the
ability to operate their own global digital broadcast network. As
developer of the world’s first digital broadcast network, the
LaGrange, Georgia, based company has a state-of-the-art broadcast
facility utilizing its proprietary Digital Media Management System
(DMMS™) and Active Digital Broadcast System (ADBS™), that
fully manages, stores, schedules and distributes video and audio
assets to a global audience in an interactive platform.
About NEURON Broadcasting:
NEURON Broadcasting Technologies (www.neuronbroadcasting.com)
provides hardware, software, technology and infrastructure
solutions that enable our clients and partners to quickly, easily
and affordably broadcast content over the Internet. NEURON is a
technology company specializing in end to end, easy to use
rich-media streaming video and audio products for live Internet
broadcasts, video on-demand, video e-mail, corporate
communications, entertainment and distance learning. Headquartered
in North Palm Beach, Florida, NEURON Broadcasting Technologies'
proprietary Media Director technology detects the speed of a
user's Internet connection, auto-sizes the player, then delivers a
media stream that has been encoded or digitized for that specific
connection. This enables the user to view the optimal stream with
one-click simplicity. NEURON is a Microsoft Authorized Windows
Media Service Provider.
In compliance with the Private
Securities Litigation Reform Act of 1995 that provides safe harbor
for forward-looking statements, the company notes that a variety
of factors could cause the company's actual results to differ from
the results anticipated in the Company's forward-looking
statements.
Contact: Public Relations @
Multicast Media, 404.525.3055
Reg Miller @ NEURON Broadcasting,
561.842.3100
RETURN TO NEWSROOM
|
