Virage Will Showcase Latest Content Management Software at IBC 2002 Conference

Software Provides End-to-End Workflows for Webcasting, Video Publishing, and Professional Video Production; Live Demonstration at Booth #2.131


SAN MATEO, Calif., Sept. 5, 2002 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE), a leading provider of video and rich media communication software, today announced that it will showcase its newest software solutions for professional video production, Internet publishing, and webcasting at the IBC 2002 Conference in Amsterdam, September 13-17 at the RAI Convention Center. Located in Booth #2.131, Virage will demonstrate its VS Production(tm), VS Publishing(tm), VS Webcasting(tm), and VS Learning(tm) applications for media & entertainment companies, corporations, government agencies and universities.

VS Production is a fully integrated software solution for professional video production that streamlines the video production and archiving workflow from content acquisition to distribution. The software solution automates critical workflow functions to help broadcasters and other video production professionals reduce operating costs, improve programming quality, preserve assets and speed time-to-air. VS Production creates a structured video index while simultaneously controlling multiple encoders, including the Grass Valley Profile(r) XP Servers to simultaneously create multiple high- and low-resolution video formats, such as MPEG-2, MPEG-1 and streaming formats. Users can search for specific content throughout the entire video repository, including Grass Valley Content Share(tm) compliant servers, by entering keywords or time code to quickly locate and assemble frame-accurate video segments in preparation for editorial or other purposes.

VS Publishing automates packaging, distribution and publishing of video and rich media content to the Internet and corporate Intranets. Virage developed VS Publishing to enable small production teams to deliver large volumes of content to diverse audiences. Anyone involved in the website publishing process has control over content throughout the entire publishing lifecycle -- from digitization and creation to delivery of finished packages, to usage tracking and reporting. The new software is designed to support new business opportunities involving advertising, subscription services and content syndication.

VS Webcasting is the first comprehensive webcasting application that empowers organizations to efficiently and easily manage the entire workflow related to producing live, rebroadcast and on-demand events. The webcast solution is utilized today for executive, human resource, online learning, training, sales and marketing communications. In addition to its interactive features, VS Webcasting includes audio and video synchronization with slide presentations, documents, polls and Q&A. VS Webcasting is aimed at facilitating communication anywhere, anytime for enterprises, educational institutions and government agencies to promote knowledge delivery via the Internet and corporate Intranets.

All Virage applications are built upon the company's award-winning rich media application platform, which includes the Virage SmartEncode(tm) and Virage Solution Server(tm). The Virage solutions support the Oracle9i Database to deliver the highest levels of security, reliability, and scalability. For maximum flexibility, optional software developer's kits (SDKs) enable custom application development and integration with other enterprise applications.

To schedule an appointment with Virage to see its IBC demonstrations of VS Production, VS Publishing, VS Webcasting and VS Learning, located in Booth #2.131, please call +1 (650) 372-3496.

About Virage

Established in 1995, Virage is a leading provider of video and rich media communication software. Virage builds integrated rich media business solutions for corporations, media & entertainment companies, universities and government agencies worldwide. Headquartered in San Mateo, California, Virage (www.virage.com) has offices throughout the United States and Europe.

Forward-Looking Statements

This press release contains "forward-looking" statements about the products and services of Virage, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "will showcase" and "will demonstrate" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.

Virage and VideoLogger are registered trademarks. The Virage logo, SmartEncode, Virage Solution Server, VS Webcasting, VS Learning, VS Publishing and VS Production are trademarks of Virage, Inc. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged.



            

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