BURNABY, B.C., Feb. 26, 2001 (PRIMEZONE) -- ViaVid Broadcasting, Inc. (OTCBB:VVDB) is pleased to announce a strategic partnership with Essengent, a rapidly growing, Internet-driven communications provider. The relationship allows Essengent to leverage ViaVid's expertise to expand its online meeting offerings with the addition of video and audio streaming. Essengent's new service will take advantage of ViaVid's encoding and compression technologies plus post and live production support.
"ViaVid's webcasting rounds out our online meeting services," said Ray Urrutia, Chief Executive Officer of Essengent. "By adding audio/video streaming, customers can now broaden their reach with live or digitally recorded event broadcasts -- delivering their message in a quick and more cost-effective manner, 24 hours a day."
ViaVid's streaming video/audio can be delivered across a variety of digital platforms from narrow- to broadband Internet. Customers use streaming technology to offer live or pre-recorded content, such as event coverage, participant interviews, news, product information and other pertinent data its clients and targeted distribution sites.
"Typically, companies must conduct a lengthy search and evaluate many vendors to obtain a complete communications program that includes both web-based and traditional telecommunications services," noted Brian Kathler, ViaVid's President. "Essengent is unique because they do the homework for customers by selecting, combining and delivering divergent communications technologies, making many different services easy to find, and fast to obtain, use and support. We're excited to participate in their vision and 'invergent' strategy."
Whether online collaborative meetings, webcasting or high-speed Internet access, Essengent helps companies build successful off-to-online communications programs using technologies that are reliable and can scale to meet the needs of any size business. Adding value by combining services that are needed but rarely offered together, Essengent promotes increased performance by effectively clearing a pathway to efficiency for small and large customers alike.
ViaVid will work with Essengent to offer additional webcasting programs for the future. Both companies will collaborate to introduce new webcasting services with enhanced streaming technologies as they become available.
About Essengent L.L.C.
Essengent, L.L.C., a privately held company, is one of the first communications providers to combine traditional voice and data, plus innovative Internet and wireless services to create a holistic off-to-online communications strategy for business -- Invergence(SM). An independent reseller, Essengent guarantees the best selection of high quality, easy-to-use and cost-effective online meeting, wireless Internet application access, Web hosting and hi-speed access, local and long distance services, and more.
For more information about Essengent and Invergence, go to www.essengent.com or call 1-866-700-1314.
About ViaVid Broadcasting Inc.
ViaVid Broadcasting Inc. is a leading-edge company specializing in streaming media technology over the Internet. The company has developed a state-of-the-art digital video production/broadcast facility that offers live-to-the-Internet broadcasting, 24 hours per day. In addition, the company offers on-site production from numerous remote locations. A pioneer in the streaming media industry, ViaVid serves clients on all aspects of video streaming technology, from construction and maintenance of broadcast networks and servers, to encoding and compression, to post-production/live production services. ViaVid has established numerous strategic partnerships in the industry including IBM, Microsoft's WindowsMedia.com and BestCalls.com. ViaVid's content development expertise and streaming media technology provide clients enhanced coverage and technological capabilities at a fraction of the cost of implementing their own streaming media strategy.
For more information regarding ViaVid Broadcasting, Inc. please visit www.viavid.com or call (604) 669-0047 or 1-888-562-0262 toll-free.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.