suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
SALT LAKE CITY, UT -- (MARKET WIRE) -- 05/10/07 -- Broadcast International (OTCBB: BCST)
and Center 7 today announced that they have signed a Letter of Intent in
which Center 7 will license BI's CodecSys video compression technology for
resale to Center 7's clients. Upon its completion by the IBM/BI joint
development team, Center 7 has also been granted the right to deploy the
first encoder featuring the CodecSys multi-codec software on the IBM®
BladeCenter® QS20 "Cell Blade." This synergistic combination of
technologies will significantly improve performance and reduce costs
associated with video compression.
Customers are demanding the delivery of better quality video over existing
networks. For distribution centers like Lindon, Utah-based Center 7, that
means coming up with efficient storage and compression solutions. With the
deployment of the IBM/CodecSys encoding system, Center 7 will be enabled to
deliver the highest quality video content over the lowest possible
bandwidths. At the same time, storage requirements will also be minimized.
Center 7 anticipates its existing PilotCenter customers in the medical,
education and IPTV markets will quickly take advantage of this new service
offering.
"The CodecSys system provides the answer to our biggest video delivery
challenge: high-quality delivery over existing networks," said Nathan
Hatch, President & CEO of Center 7, Inc. "This partnership will allow our
customers access to the most robust video compression technology available
today."
"Center 7 operates world-class managed hosting facilities and delivers
software-as-a-service and service management platforms that are highly
valued by many prominent clients," said Rod Tiede, Broadcast International
CEO. "We are gratified that Center 7 is convinced, not only of the
powerful compression resulting from the combination of our CodecSys
multi-codec encoding software with IBM's multi-core processor, but also
that the new system will be almost infinitely upgradeable."
About Broadcast International
Broadcast International is a leading provider of video-powered business
solutions, including IP and digital satellite, Internet streaming, and
other types of wired/wireless network distribution. In addition, BI assists
clients with video production, rich media development and a full range of
network support services. BI also possesses a patented technology,
CodecSys, which provides enhanced video at current bandwidths or reduces
the cost of bandwidth while maintaining quality.
Broadcast International was founded in 1984 and is a public company (OTCBB: BCST) headquartered in Salt Lake City, UT. For more information and to
learn more about Broadcast International and CodecSys on the Web go to
www.brin.com and www.codecsys.com
About Center 7, Inc.
Center 7 Inc. is a leading provider of a Software-As-A-Service (SaaS)
platform marketed under the PilotCenter brand. This unique on-demand
software system provides the industry's first end-to-end SaaS framework and
delivery system. Ranging from net-native direct Internet access to an
on-site appliance, the C7 SaaS PilotCenter platform is a complete system
including network migration, information access and managed hosting all
from a single provider. The PilotCenter SaaS suite allows software vendors
the ability to migrate from traditional packaged software distribution
models to network and web-based access and management for rapid deployment,
resulting in increased penetration and decreased costs. Software developers
in the service management automation, enterprise management and medical
infrastructure markets already take full advantage of the PilotCenter SaaS
platform. For more information visit: www.center7.com.
Forward-Looking Statements
All statements in this news release that are not based on historical fact
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and the provisions of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (which Sections were adopted as
part of the Private Securities Litigation Reform Act of 1995). While
management has based any forward-looking statements contained herein on its
current expectations, the information on which such expectations were based
may change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of risks,
uncertainties, and other factors, many of which are outside of our control,
that could cause actual results to materially differ from such statements.
Such risks, uncertainties, and other factors include, but are not
necessarily limited to, those set forth under the caption "Additional
Factors That May Affect Our Business" in the Company's most recent Form
10-K and 10-Q filings, and amendments thereto. In addition, we operate in a
highly competitive and rapidly changing environment, and new risks may
arise. Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. We disclaim
any intention to, and undertake no obligation to, update or revise any
forward-looking statement.
BladeCenter, IBM, QS20 and Power Architecture are trademarks of
International Business Machines Corporation in the United States, other
countries or both.