InterVision Network Corporation (IVNet) Announces the Development of a World-Class Solution Touted As “the H.264 of Live Streaming Global Broadcasting”
COLORADO SPRINGS, COLORADO - May 29, 2008 - InterVision Network Corporation (IVSW.PK) (see website
www.ivnet.tv)
announced today that the company will begin offering its revolutionary
solution for Live Streaming Global Broadcasting. The company expects
the solution to change the face of multimedia delivery by allowing the
dissemination of live streaming content to computers and to Internet
Protocol-enabled cell phones and televisions.
The backbone of the solution is IVNet’s custom-built,
globally-distributed servers, which are built from the ground-up to be,
first and foremost, a streaming network. This means that IVNet can
support a live stream that is broadcast across the globe to potentially
tens of millions of users with minimal signal degradation and no
buffering.
IVNet has collected several individuals with the computer engineering
expertise to change the game as far as live multimedia is concerned.
“The sine qua non for evaluating multimedia delivery companies going
forward will be the amassed engineering talent present,” said Richard
A. Luthmann, EVP of Marketing and Development for IVNet. “Our engineers
have made it possible to offer something that will allow for live
Internet protocol cross-platform multimedia content delivery. What we
have can be likened to the H.264 of live streaming global
broadcasting.”
Luthmann continued, “Going forward we will be happy to deliver live
streaming global multimedia in our own right for our clients, but we
really see the market opportunity in enhancing the existing offering of
so-called traditional CDNs. If the other guys could deliver live
multimedia content simultaneously to tens of millions world-wide, don’t
you think they would be doing it right now? We are the group that can
make the Superbowl, the Olympics or the World Cup final available live
via IPTV to the entire planet, and we can do it on computers, cell
phones and televisions.”
IVNet plans on applying their proprietary technology both to
traditional live broadcasting as well as to several other several other
broadcasting and telepresence opportunities in media, business and
elsewhere in the marketplace.
ABOUT INTERVISION NETWORK CORPORATION (IVNET)
IVNet, the world leader in Internet Protocol broadcasting development
and related technologies, is the first and only truly Global Online
Broadcasting Network. Founded in 2005 and publicly traded as of
January 2008 as InterVision Network Corporation (IVSW.PK), IVNet
specializes in the live streaming global broadcasting of multimedia
content, and also develops original programming and distributes canned
content.
Central to IVNet is the unparalleled world-wide multimedia delivery
network, several proprietary content delivery processes and related
software and hardware. These processes support real-time streaming
services to several user mediums, including cell phones, computers and
IP-enabled televisions in high definition broadcast quality to any
global location. To facilitate multimedia delivery, IVNet has also
developed IP-enabling components for HD televisions and aims to develop
that technology with a production partner in Shenzen, China.
To meet the needs of our clients and corporate partners, IVNet operates as two interrelated divisions:
InterVision Network Corporation (IVNet)
IVNet.tv is the product offering of parent company IVNet. The premier
site for global content, IVNet.tv collects general interest media from
around the world, supports user content submissions, and hosts original
paid programming and advertisements. With 3.5 million unique users
each month, IVNet.tv delivers an established and loyal customer base to
our corporate partners.
InterVision Streaming Corporation (iStream)
iStream is the corporate division and brand name of IVNet’s exclusive
Multimedia Delivery Network. Specifically designed to deliver live high
definition content without the limitations of typical online
broadcasting, iStream’s live streaming global broadcasting solution
offers live multimedia streaming capabilities superior to all
competitors in the space. Live Streaming Multimedia can be broadcast
globally to user computers, cell phones, and IP-enabled televisions.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking information.
Statements that are not descriptions of historical facts are
forward-looking statements provided under the "safe harbor" protection
of the Private Securities Litigation Reform Act of 1995. These
statements are made to enable a better understanding of our business,
but because these forward-looking statements are subject to many risks,
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currently available to us, and the expectations and assumptions that
were deemed reasonable by us, at the time the statements were made. We
do not undertake any obligation to update any forward-looking
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as required by law, and all such forward-looking statements should be
read as of the time the statements were made, and with the recognition
that these forward-looking statements may not be complete or accurate
at a later date.
Tcdrunner@aol.com
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