Editor's Note

It's safe to assume that most of us, certainly most of us investors, are cell phone users and a large portion of that group are also PDA and Pocket PC users as well. If you use either cell phones or wireless computers, we think that today's issue of StockNight will be more than a little intriguing. 

In December of 2000, Bill Machrone, a contributing editor with PC Magazine, stated that "Streaming video to portable devices will change the world as much as cell phones have" and fantasized about the uses of such technology:

"You may be getting a visual check on traffic at those troublesome bottlenecks as you walk to your car in the parking lot, doing a security sweep of your home in your absence, or viewing the relatives' visit to Sea World in real time, or surreptitiously catching up on your favorite soap opera while at your desk. Or any of a hundred applications that no one has thought of yet. "

However, techies have worried for some time about the need to compress streaming video for wireless due to the present difficulties and constraints in sending wireless video applications to cell phones, PDAs and Pocket PCs, as well as low speed modems. Today our StockNight featured company has stated in their press release issued at 6:02 p.m. EST, that they have licensed new patent pending "technology that automatically reduces the size and bandwidth of digital video files" to be sent to wireless devices.

Remember, this press release was issued AFTER THE BELL today so the market at large has not been able to react to this news yet. As part of the StockNight service we bring this information direct to your email as soon as it is made available to us.
 

Breaking News (OTCBB: VZRO)

Vizario Licenses New Patent Pending Digital 
Video Condensing Software Technology.
Patent pending technology automatically and significantly reduces the size of 
digital video files for wireless video applications.

SAN CARLOS, Calif.----July 19, 2001-- Moving to ease the strain that video files place on low-bandwidth wireless networks, Vizario(TM), Inc. (OTCBB: VZRO) www.vizario.com) today announced it is licensing new patent pending software technology that automatically reduces the size and bandwidth of digital video files. Later this year, Vizario will incorporate the new technology in its mobile handheld device software system, which is designed for wireless video applications on cell phones, PDAs and Pocket PCs, as well as for use on low speed modems. 

Vizario Director David Schwartz, Digital Video Systems Engineering Manager Mike Chin and Senior Engineer Mike Tanaka have applied for the U.S. patent on the digital video condensing technology. ``It is clear that many people want digital video over low bandwidth wireless networks,'' Schwartz explained, ``but the sheer size of almost any video over three minutes long makes even previewing them problematic. Our new methods will make it easy for viewers to decide what they want to view or download without wasting time or money.'' Schwartz added, ``For system operators, we can substantially reduce the burden video places on wireless networks.'' 

The new video condensing software technology is being developed by Imaginon, Inc., the parent company of Vizario. The exclusive rights to use the new technology in wireless networks are licensed to Vizario. 

Designed to put new capabilities into wireless mobile devices, Vizario offers both consumers and businesses a completely integrated, end-to-end wireless solution for finding and displaying data - especially rich media like audio and video. The Vizario consumer product features a client/server publishing tool allowing content carriers, promoters and content providers to distribute media assets to end users through the Vizario client. It also incorporates a Web interface where end users personalize their mobile Vizario further to add additional queries that deliver customized content. This solution offers unsurpassed ease of deployment in both Java and .Net-enabled handsets. 

As a vertical application suite, Vizario is a complete solution for companies that require distribution of image-intensive data to mobile devices wherever finding, encoding, decoding and displaying images for decision support in the field is considered critical to the mission's success. 

Vizario is a trademark of Vizario, Inc. The underlying technology is protected under U.S. Patents and a U.S. Patent pending. 

Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the ``safe harbor'' provision of the Private Securities Litigation Reform Act of 1995, or by the Securities and Exchange Commission in its rules, regulations, and releases. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include acceptance of Vizario software by developers and users, the successful development of competitive software to Vizario's, competitive pricing pressures for software and services, and the availability of financing to complete management's plans and objectives. In addition, other risks are detailed in Vizario periodic reports, Form 8-K of Vizario, filed on 5 June, 2001, and Rule 14F-1 Information Statement of Gallagher Research Corporation filed on May 10, 2001. These forward-looking statements speak only as of the date hereof. Vizario disclaims any intent or obligation to update these forward-looking statements. 

Click here for the entire release online: VZRO BREAKING NEWS

Addtional VZRO Links & Data

Machrone's Story on Wireless Video

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All VZRO News

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Disclaimer & Safe Harbor Statement:

SafeHarbor:
This fact sheet contains “forward-looking statements” within the meaning of Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of the 1934.  These forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “could”, “expected to” and “believes.”  Actual events or  performance involve risks and uncertainties that could differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in forward-looking statements include competition, themanagement of our growth and the ability to deliver new products to market on time.  Such forward-looking statements are subject to other risks and uncertainties, which are detailed in the Company’s filings with the Securities and Exchange Commission. 

Disclaimer:
StockNight.com is a property of Market Pathways Financial Relations Incorporated (MP).  The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness.  Any information, opinions or analysis regarding the subject company to which StockNight.com has provided a link or other detail are provided by sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness.  This report is for information purposes only and should not be used as the basis for any investment decision.  MP currently owns 20,000 shares of VZRO common stock for services provided in the preparation and distributiion of this mailer in addition to exposure of the corporate press release in various Internet and conventional mediums/forums. The shares have been provided by JTR Financial. This constitutes a conflict of interest as to MP’s ability to remain objective in its communication regarding the subject company.   Write or call MP for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934.    MP is not an investment advisor and this report is not investment advice.  This information is neither a solicitation to buy nor an offer to sell securities.  Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results.  The opinions contained herein reflect our current judgment and are subject to change without notice.  MP and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned.  Information contained herein may not be reproduced in whole or in part without the express written consent of Market Pathways Financial Relations Incorporated.  Copyright 2001 MP