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Subject: USVO Enters Into Digital Watermark Partnership - September23, 2004



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Lightning Media and USVO Enter Into Digital Watermarking Partnership...(USVO)


USA Video Interactive (USVO)

USVO is a developer and supplier of Internet media delivery services, systems, and innovative end-to-end solutions. The Company developed its StreamHQ(tm) 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, Italy and Japan. For more information, visit http://www.usvo.com.

Big Hollywood Companies that use Movielink technology are facing a multimillion law suit from US Video Technology, a subsidiary of Video Interactive that alleges it infringes its patents. The action was filed in Delaware and claims Movielink is using systems and services that breach its US patent, 5,130,792. This patent, describes a store and forward video system using commercial phone networks, and was filed in 1992.

Movielink runs a web site that lets people buy movies online but Video Tech claims that this breaches its technology, and the system is being used without its permission. Several huge studios are named in the suit including Warner Brothers, Paramount, Metro Goldwyn Mayer, Universal Studios and Sony Pictures. They are members of a company that operates Movielink and the web site. The suit asks the court to place an injunction on Movielink, pay compensation and treble damages, legal costs and wants the trial to go before a jury. The case can be followed here http://www.usvo.com.


Press Release: Lightning Media and USVO Enter Into Digital Watermarking Partnership...

USVO Inc., a wholly owned subsidiary of USA Video Interactive Corp. (``USVO'') and supplier of the powerful MediaSentinel(tm)digital watermarking technology, has entered into a partnership with Lightning Media, a leading Hollywood provider of new media, post-production and DVD replication services.

By using USVO's MediaSentinel workstation, Lightning Media takes a major step in the ongoing fight against piracy by offering a new set of digital watermarking services for studios, television programmers and other clients. ``Video piracy is a serious problem for the movie industry with billions of dollars in losses every year,'' said Edwin Molina, President and CEO of USVO. ``The partnership of USVO's MediaSentinel technology with Lightning Media's digital video services provides the entertainment industry a solution to help fight the growing piracy epidemic.'' These services will be available from Lightning Media starting in mid-October, 2004.

During the initial phase of the relationship, the companies will promote the MediaSentinel watermarking service to Lightning Media studio clients directly and through advertising. In support of these efforts, the companies will collaborate in the development of educational materials that make clear the benefits of watermarking to Lightning Media clients. Through these efforts, the companies also hope to attract new business.

``Lightning Media is excited about our partnership with USVO,'' states Stephen Buchsbaum, CEO of Lightning Media. ``MediaSentinel is the perfect product to aid us in our continuing quest to eliminate piracy. The timing is also ideal as it coincides with our expansion to a new DVD replication facility in Valencia, California. We are delighted to be able to offer our clientele this new way to protect and track their property.''

About Lightning Media

Lightning Media services all duplication and new media needs from Hi-Def and video duplication to DVD authoring and replication, audio and video compression, and internet design and development. Three full service facilities cater to a vast client base ranging from leading motion picture studios, television production companies, independent filmmakers and web video producers to film students and an array of corporate and consumer clients. Lightning Media is committed to exceptional customer service, quality control and ``lightning-fast'' turnaround; featuring the most advanced and reliable equipment available today. Lightning Media's climate-controlled, triple secure vault is a trusted source for storing master materials. Lightning Media has three full service facilities located in Hollywood, Burbank and Santa Monica, and a new replication facility in Valencia, California. For more information, visit http://www.lightning-media.com/.

To view the full Press Release please visit http://biz.yahoo.com/pz/040922/64278.html


 

 

 

 

Disclaimer

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of USVO, please sign up for our free newsletter, SmallCapReview.com News. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for USA Video Interactive. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com . Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

 









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