StockNight - Vizario Licenses New Software Technology
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bounce-stocknight-163101 at lyris.stocknight.com
Thu Jul 19 16:31:51 PDT 2001
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Issue 10 July 19, 2001
Editor's Note [Image]
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) [Image]
[Image]
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
More VZRO info
All VZRO News
Vizario Home Page
Ask VZRO Investor Relations a Question
Receive More VZRO Info & Updates by Email
Question of the day: Should Greenspan Lower Rates Again?
Click here to comment on this and other Issues!
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 Companys 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
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provided by JTR Financial. This constitutes a conflict of interest
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regarding the subject company. Write or call MP for detailed
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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
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