USA Video Interactive Corp. Update on Major Studio Contract; Delivery of MediaEscort(TM) Watermarking Technology
NIANTIC, CT, Feb 22, 2008 - USA Video Interactive Corp. (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt: USF.F) reports USVO's delivery of the MediaEscort™ digital watermarking technology product to a major Hollywood customer has been completed. MediaEscort™ has been successfully installed in the customer's video server facility.
"USVO has executed the implementation of MediaEscort; a server-based, on-demand watermarking product for a specific enterprise within that business. It replaces what had previously been an analog media delivery of content for that particular business unit," stated Patrick Gregston, Business Development for USVO.
He went on to say, "This deployment is on a non-exclusive basis and we are confident once our watermarking technology has been proven effective with a major studio, it will open up global opportunities for our technology."
Reference Nov. 2006; May 2007 press releases: http://biz.yahoo.com/iw/070508/0249390.html.
MediaEscort is a software application that resides on customers' video servers. It automatically and seamlessly embeds SmartMarks -- invisible forensic information in every frame of video content -- during Internet delivery, providing the proof courts need to protect intellectual property rights, indicting and convicting the individuals who steal the original material.
About USVO:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort™ MediaSentinel™ and SmartMark™ digital watermarking technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 206 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com.
USA Video Interactive Corporate Headquarters Office: 8 West Main Street, Niantic, Connecticut, 06357 Telephone (860) 739 - 8030; Facsimile (860) 739 - 8070; Canada Office: 507 - 837 West Hastings Street, Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP 902924208. For more information contact (860) 739 - 8030 or contact@usvo.com.
This press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described.
MediaEscort, MediaSentinel and SmartMark are trademarks of USA Video Interactive Corp.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
USVO is a featured Company on DigitalMediaStocks.com and TechSectorStocks.com For full details, click here: http://www.DigitalMediaStocks.com/CO/USVO/Default.asp
Contact: USVO Investor Relations Contact: (860) 739 - 8030
Source: USA Video Interactive Corp.
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