India’s Growth Story; Spending and Innovation in PC Markets, Cell Phone Markets, Green Technology and Digital Media & Entertainment
USA Video Interactive Corp.'s (OTC BB: USVO), (TSX.V: US) Digital Watermarking Technology Deployed
In Bollywood
POINT ROBERTS, Wash., Delta B.C., May 7, 2008 -www.IndiaStockMarket.com a global investor website for investing in India within Investorideas.com reports on the rapid economic growth story in India and some of the key sectors that are impacted. With an economy growing at nine percent, spending and innovation in technology across personal computers, cell phones, greentech and digital media is on the rise.
India’s Media and Entertainment is accelerating and according to industry stats, was worth INR402.43 billion (USD9.12bn) in 2006, a growth of 13.98% over 2005, which is higher than GDP growth rate.
“It is expected that the industry will grow at a CAGR of 34.17% during 2006-10. “
Source: (http://www.allbizreport.com/indexer_eng/Indian_Media_Entertainment_50730.html)
At the Seoul Digital Forum, Sumner Redstone , Chairman of Viacom and CBS Corporation ( Market, News ) stated in his keynote,” Governments in China and India are starting to take an active interest in reinforcing copyrights, "if only to protect their own home grown content."
USA Video Interactive Corp.'s (OTC BB:USVO), (TSX.V:US) recently announced that four production and distribution companies in Bollywood, the world's largest film and entertainment industry, based in Mumbai, India, will be deploy their unique digital watermarking product, MediaSentinel™, to protect against piracy domestically and internationally. The companies will begin using MediaSentinel™ through PIO TV Pvt. Ltd. (www.pioTV.com), India's only digital integrated media Platform Company.
Shemaroo Entertainment, an Indian company and distributor of Indian films, recently reported it expects to grow at a compounded annual growth rate (CAGR) of 30 to 35 per cent over the next three years but also raised concerns over video-piracy, which causes the company Rs 650 crore in revenue-losses.
In the cellular sector, Reliance Communications Limited,( BOM:532712 ) an integrated communications service provider with an individual, enterprise and carrier customer base of over 30 million announced Financial results for the year ended March 31, 2008 with net profit up by 70.8% and revenue higher by 31.8 %. Reliance is the most profitable integrated telecom company in India, which has grown to become the world's second biggest cell phone market, following China. India grew to a 200-million cellular subscriber mark as of September 2007.
In the tech sector, according to recent reports at http://www.idcindia.com/, “India’s information technology and IT-enabled Services (ITeS) industry will more than double in size by 2012.”
IDC also announced data earlier, “ During calendar year 2007 the overall India Server market factory revenue grew by 24% over calendar year 2006 to touch US$ 727 million* and unit shipments grew by 19% to 135,615 during the same period. Apart from traditional sectors like telecom, BFSI and manufacturing, 2007 also saw the emergence of retail and construction as key demand drivers.”
Other research from IDC India notes, “The India Client Personal Computer (PC) market crossed yet another milestone to ship nearly 6.5 million PCs in a calendar year, thereby recording 20% year-on-year growth in unit shipments (compared to 5.4 million units in CY2006).”
From Tech to greentech, business leaders at a US-India renewable energy conference in Washington noted that
” India's role as a hub for US technology companies could be mimicked in the renewable energy market”, calling for greater deregulation and a global price on carbon emissions to help spur growth in alternative fuel sources.
With rapid economic growth, rising incomes, an increasing number of Billionaires and Millionaires, Forty-four per cent of the Top 100 Fortune 500 companies setting up offices in India, just like China, is a force to be reckoned with.
Facing challenges of rising food costs and oil costs as challenges, India looks ahead to innovation and technology for answers.
India Showcase Company:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM), MediaSentinel(TM) and SmartMark(TM) digital watermarking products and 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 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. Visit www.usvo.com or the company showcase on Investoideas.com at:
http://www.investorideas.com/CO/USVO/Default.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp - Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: USA Video Interactive Corp., (OTCBB: USVO; TSX: US.V) $4000 per month and 200,000 options (renewal as of April 3, 2008)
For more information contact:
Dawn Van Zant: 800.665.0411
Email: dvanzant@investorideas.com
Source: Investorideas.com, USA Video Interactive Corp
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Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
Wednesday, May 7, 2008
Thursday, April 17, 2008
Four Bollywood Production and Distribution Companies to Use Usvo's MediaSentinel Anti-Piracy Product
Four Bollywood Production and Distribution Companies to Use Usvo's MediaSentinel Anti-Piracy Product
NIANTIC, CT., Apr 17, 2008 - Four production and distribution companies in Bollywood, the world's largest film and entertainment industry, based in Mumbai, India, will begin using USA Video Interactive Corp.'s (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt:USF.F - News) unique digital watermarking product, MediaSentinel™, to thwart piracy domestically and internationally. The four companies will begin using MediaSentinel™ through PIO TV Pvt. Ltd. (www.pioTV.com <http://www.piotv.com/> ), India's only digital integrated media platform company.
Munish Gupta, Chairman & CEO of PIO TV, announced today that in continuation of PIO TV's use of MediaSentinel™, his company was now working with leading production and distribution studios in Mumbai: Prachar Communications Ltd., Time Multimedia Pvt. Ltd., Baba Films Ltd., and Gold Entertainment Pvt. Ltd. Together these four companies, two of which are public companies, control thousands of feature films that they produce, acquire the rights of, and distribute, including hundreds of hours of television content.
Speaking on behalf of the four companies, Managing Director of Prachar Communications Ltd., Mr. Ratan Jain, said a solution like MediaSentinel™ "was long awaited." India and the overseas market for Bollywood are "fraught with piracy that causes billions of dollars in lost revenues." Jain added "for years we have wondered how to combat this (piracy) menace and bring in more revenues to produce and distribute more and better films. The biggest issue facing us is how to deter pirates and produce evidence for law enforcement to help us shut down pirates. MediaSentinel™ has provided us the means to that end." Jain said he and his associates were convinced the MediaSentinel™, digital watermarking product from USVO for offline use, and MediaEscort™, now deployed by Twentieth Century Fox Home Entertainment in Hollywood, for online use, represent "a turning point for the protection of our copyright content. It makes tremendous sense to use this technology to digitally watermark a full length feature film and the cost is very economical versus the tens of thousand of dollars lost to piracy."
"For four years we've been hard at work establishing ourselves as a player in anti-piracy technology to the film industry," stated Edwin Molina, CEO of USVO. "We're building momentum as this month we announced a deal with Twentieth Century Fox Home Entertainment. And now through our relationship with PIO TV, we're beginning to establish ourselves in Bollywood too, starting with these four production houses."
The four Bollywood production and distribution houses will begin using the PIO TV deployed MediaSentinel™ workstation currently installed at Prachar Communications' office in Ville Parle, Mumbai, India. For further information on USVO's relationship with PIO TV, please see USVO's press release dated February 21, 2008.
About USVO:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM), MediaSentinel(TM) and SmartMark(TM) digital watermarking products and 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 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com <http://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 <mailto:contact@usvo.com> .
The 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 <http://www.digitalmediastocks.com/> and TechSectorStocks.com <http://www.techsectorstocks.com/>
For full details, click here: http://www.DigitalMediaStocks.com/CO/USVO/Default.asp <http://www.digitalmediastocks.com/CO/USVO/Default.asp>
Contact:
USVO Investor Relations Contact:
(860) 739 - 8030
Source: USA Video Interactive Corp.
NIANTIC, CT., Apr 17, 2008 - Four production and distribution companies in Bollywood, the world's largest film and entertainment industry, based in Mumbai, India, will begin using USA Video Interactive Corp.'s (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt:USF.F - News) unique digital watermarking product, MediaSentinel™, to thwart piracy domestically and internationally. The four companies will begin using MediaSentinel™ through PIO TV Pvt. Ltd. (www.pioTV.com <http://www.piotv.com/> ), India's only digital integrated media platform company.
Munish Gupta, Chairman & CEO of PIO TV, announced today that in continuation of PIO TV's use of MediaSentinel™, his company was now working with leading production and distribution studios in Mumbai: Prachar Communications Ltd., Time Multimedia Pvt. Ltd., Baba Films Ltd., and Gold Entertainment Pvt. Ltd. Together these four companies, two of which are public companies, control thousands of feature films that they produce, acquire the rights of, and distribute, including hundreds of hours of television content.
Speaking on behalf of the four companies, Managing Director of Prachar Communications Ltd., Mr. Ratan Jain, said a solution like MediaSentinel™ "was long awaited." India and the overseas market for Bollywood are "fraught with piracy that causes billions of dollars in lost revenues." Jain added "for years we have wondered how to combat this (piracy) menace and bring in more revenues to produce and distribute more and better films. The biggest issue facing us is how to deter pirates and produce evidence for law enforcement to help us shut down pirates. MediaSentinel™ has provided us the means to that end." Jain said he and his associates were convinced the MediaSentinel™, digital watermarking product from USVO for offline use, and MediaEscort™, now deployed by Twentieth Century Fox Home Entertainment in Hollywood, for online use, represent "a turning point for the protection of our copyright content. It makes tremendous sense to use this technology to digitally watermark a full length feature film and the cost is very economical versus the tens of thousand of dollars lost to piracy."
"For four years we've been hard at work establishing ourselves as a player in anti-piracy technology to the film industry," stated Edwin Molina, CEO of USVO. "We're building momentum as this month we announced a deal with Twentieth Century Fox Home Entertainment. And now through our relationship with PIO TV, we're beginning to establish ourselves in Bollywood too, starting with these four production houses."
The four Bollywood production and distribution houses will begin using the PIO TV deployed MediaSentinel™ workstation currently installed at Prachar Communications' office in Ville Parle, Mumbai, India. For further information on USVO's relationship with PIO TV, please see USVO's press release dated February 21, 2008.
About USVO:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM), MediaSentinel(TM) and SmartMark(TM) digital watermarking products and 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 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com <http://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 <mailto:contact@usvo.com> .
The 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 <http://www.digitalmediastocks.com/> and TechSectorStocks.com <http://www.techsectorstocks.com/>
For full details, click here: http://www.DigitalMediaStocks.com/CO/USVO/Default.asp <http://www.digitalmediastocks.com/CO/USVO/Default.asp>
Contact:
USVO Investor Relations Contact:
(860) 739 - 8030
Source: USA Video Interactive Corp.
Thursday, February 21, 2008
USVO's SmartMarks to Be Used to Fight Piracy in India and Online
USVO's SmartMarks to Be Used to Fight Piracy in India and Online
Update on Major Studio Contract
NIANTIC, CT., Feb 21, 2008 - USA Video Interactive Corp. (OTCBB: USVO) (CDNX: US.V) (Frankfurt: USF.F) (Boston: USF) reports it has signed a memorandum of understanding with PIO TV Pvt. Ltd. based in India (PIO TV) to deploy USVO's SmartMark™ watermarking technology. PIO TV is the first digitally integrated media platform for People of Indian Origin around the world.
Following testing of USVO's MediaSentinel™ digital watermarking platform, PIO TV commits to deploy USVO's SmartMark™ technology to watermark and protect PIO TV's online content distributed through its www.pioTV.com <file://www.pioTV.com> digital media platform. PIO TV is in the process of uploading 2,000 hours of TV content and 3,000 hours of movie content (approximately 1,000 Bollywood feature films). www.pioTV.com <file://www.pioTV.com> will derive significant entertainment content through a major content partnership with a group of very dynamic individuals, production houses, labels and banners from Bollywood, the world's biggest entertainment industry.
"India is one of the hottest spots in the world for piracy and online media is subject to manipulative ways of piracy," said PIO TV Director and Chief Editor, Mr. K N Gupta. To thwart piracy, PIO TV is employing USVO's SmartMark™ on special content it places in its Content On Demand and Archives, to track it during distribution and protect the intellectual property of the original content owners. Embedding SmartMarks -- invisible forensic information in every frame of video content -- provides proof the courts need to protect intellectual property rights, indicting and convicting the individuals who steal the original material.
Last August, India's Union Minister for Overseas Indian Affairs, Mr. V Ravi, unveiled www.pioTV.com <file://www.pioTV.com> . The event was attended by representatives of nearly all large national and regional media and widely reported. Mr. Ravi said, "www.pioTV.com <file://www.pioTV.com> serves both India and the PIO community by connecting the two, whilst being a platform for the PIO community that is spread across the globe," adding that, "the information, culture, entertainment and lots of other functions of the platform will help keep the Indian connection and roots alive." Since its launch, PIO TV has become the first platform to live web telecast the Pravasi Bharatiya Divas (Expatriates' Day) celebrations on January 8th and 9th, 2008, from New Delhi to reach as many of the 35 million Indian Diaspora worldwide. On February 18th, 2008, PIO TV relayed the live web telecast of Mauritius Prime Minister, Dr. Naveen Raamgoolam, a Person of Indian Origin (PIO), who visited his forefathers' home State of Bihar in India on that day and received a state-wide felicitation. The February 18th telecast was particularly emotional for PIOs in Mauritius and those in other parts of the world that hail from the Indian State of Bihar.
Edwin Molina, CEO of USVO, said, "Our relationship with PIO TV has been, and is, an opportunity for USVO to be a player overseas. As we're moving in the domestic market, we are simultaneously moving in the global arena. With PIO TV we have a footprint for SmartMark™ to become established in India, one of the fastest growing multimedia regions in the world."
Besides its own bureaus creating exclusive content, www.pioTV.com <file://www.pioTV.com> has forged many other alliances in India, among them with the leading media groups such as Positiv Television and Positiv Radio in northeast India, PBC channel from Punjab State, Shakti, Sanskar, Yo Music, Jhankar TV, 7-Star Health Channel and 25 such television channels from India. Affiliates will provide select visual, text and audio content for PIO TV news, entertainment and features sections from India and around the world. PIO TV will, as possible, provide content to global and Indian broadcasters thereby playing a catalyst role in bringing PIO community achievements and issues to the fore through global media.
IN OTHER NEWS, USVO's delivery of its MediaEscort™ product to its major Hollywood customer (reference Nov. 2006; May 2007 press releases) 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.
About PIO TV Pvt. Ltd.:
PIO TV is the first of its kind digital integrated media platform for any expatriate community. PIO TV platform comprises a free 24-7 live television stream with significant news from India tailored for approximately 40 million People of Indian Origin worldwide. PIO TV's goal is to connect the PIOs worldwide by covering news and events from and of relevance to the community. This channel through its centers around the world, which could be called its points of coverage, will report on the developments, events, businesses, celebrations, achievements of PIOs (People of Indian Origin) in North America, UK, Europe, Middle East, Southeast Asia, Far East, Australia-South Pacific, South & Eastern Africa, South America and the Caribbean.
About USVO:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM) MediaSentinel(TM) and SmartMark(TM) 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 <http://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 <mailto:contact@usvo.com> .
PIO TV Pvt. Ltd. Corporate Headquarters Office: D 47 Gulmohar Park, New Delhi 110049, India. Telephone +91-11-26536221 For more information contact knguptas@piotv.com <mailto:knguptas@piotv.com> , kuldeepibl@gmail.com <mailto:kuldeepibl@gmail.com> .
The 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 <http://www.DigitalMediaStocks.com> and TechSectorStocks.com <http://www.TechSectorStocks.com>
For full details, click here: http://www.DigitalMediaStocks.com/CO/USVO/Default.asp <http://www.DigitalMediaStocks.com/CO/USVO/Default.asp>
Contact:
(310) 295 - 0157
USVO Investor Relations Contact:
(860) 739 - 8030
Source: USA Video Interactive Corp.
Update on Major Studio Contract
NIANTIC, CT., Feb 21, 2008 - USA Video Interactive Corp. (OTCBB: USVO) (CDNX: US.V) (Frankfurt: USF.F) (Boston: USF) reports it has signed a memorandum of understanding with PIO TV Pvt. Ltd. based in India (PIO TV) to deploy USVO's SmartMark™ watermarking technology. PIO TV is the first digitally integrated media platform for People of Indian Origin around the world.
Following testing of USVO's MediaSentinel™ digital watermarking platform, PIO TV commits to deploy USVO's SmartMark™ technology to watermark and protect PIO TV's online content distributed through its www.pioTV.com <file://www.pioTV.com> digital media platform. PIO TV is in the process of uploading 2,000 hours of TV content and 3,000 hours of movie content (approximately 1,000 Bollywood feature films). www.pioTV.com <file://www.pioTV.com> will derive significant entertainment content through a major content partnership with a group of very dynamic individuals, production houses, labels and banners from Bollywood, the world's biggest entertainment industry.
"India is one of the hottest spots in the world for piracy and online media is subject to manipulative ways of piracy," said PIO TV Director and Chief Editor, Mr. K N Gupta. To thwart piracy, PIO TV is employing USVO's SmartMark™ on special content it places in its Content On Demand and Archives, to track it during distribution and protect the intellectual property of the original content owners. Embedding SmartMarks -- invisible forensic information in every frame of video content -- provides proof the courts need to protect intellectual property rights, indicting and convicting the individuals who steal the original material.
Last August, India's Union Minister for Overseas Indian Affairs, Mr. V Ravi, unveiled www.pioTV.com <file://www.pioTV.com> . The event was attended by representatives of nearly all large national and regional media and widely reported. Mr. Ravi said, "www.pioTV.com <file://www.pioTV.com> serves both India and the PIO community by connecting the two, whilst being a platform for the PIO community that is spread across the globe," adding that, "the information, culture, entertainment and lots of other functions of the platform will help keep the Indian connection and roots alive." Since its launch, PIO TV has become the first platform to live web telecast the Pravasi Bharatiya Divas (Expatriates' Day) celebrations on January 8th and 9th, 2008, from New Delhi to reach as many of the 35 million Indian Diaspora worldwide. On February 18th, 2008, PIO TV relayed the live web telecast of Mauritius Prime Minister, Dr. Naveen Raamgoolam, a Person of Indian Origin (PIO), who visited his forefathers' home State of Bihar in India on that day and received a state-wide felicitation. The February 18th telecast was particularly emotional for PIOs in Mauritius and those in other parts of the world that hail from the Indian State of Bihar.
Edwin Molina, CEO of USVO, said, "Our relationship with PIO TV has been, and is, an opportunity for USVO to be a player overseas. As we're moving in the domestic market, we are simultaneously moving in the global arena. With PIO TV we have a footprint for SmartMark™ to become established in India, one of the fastest growing multimedia regions in the world."
Besides its own bureaus creating exclusive content, www.pioTV.com <file://www.pioTV.com> has forged many other alliances in India, among them with the leading media groups such as Positiv Television and Positiv Radio in northeast India, PBC channel from Punjab State, Shakti, Sanskar, Yo Music, Jhankar TV, 7-Star Health Channel and 25 such television channels from India. Affiliates will provide select visual, text and audio content for PIO TV news, entertainment and features sections from India and around the world. PIO TV will, as possible, provide content to global and Indian broadcasters thereby playing a catalyst role in bringing PIO community achievements and issues to the fore through global media.
IN OTHER NEWS, USVO's delivery of its MediaEscort™ product to its major Hollywood customer (reference Nov. 2006; May 2007 press releases) 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.
About PIO TV Pvt. Ltd.:
PIO TV is the first of its kind digital integrated media platform for any expatriate community. PIO TV platform comprises a free 24-7 live television stream with significant news from India tailored for approximately 40 million People of Indian Origin worldwide. PIO TV's goal is to connect the PIOs worldwide by covering news and events from and of relevance to the community. This channel through its centers around the world, which could be called its points of coverage, will report on the developments, events, businesses, celebrations, achievements of PIOs (People of Indian Origin) in North America, UK, Europe, Middle East, Southeast Asia, Far East, Australia-South Pacific, South & Eastern Africa, South America and the Caribbean.
About USVO:
USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM) MediaSentinel(TM) and SmartMark(TM) 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 <http://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 <mailto:contact@usvo.com> .
PIO TV Pvt. Ltd. Corporate Headquarters Office: D 47 Gulmohar Park, New Delhi 110049, India. Telephone +91-11-26536221 For more information contact knguptas@piotv.com <mailto:knguptas@piotv.com> , kuldeepibl@gmail.com <mailto:kuldeepibl@gmail.com> .
The 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 <http://www.DigitalMediaStocks.com> and TechSectorStocks.com <http://www.TechSectorStocks.com>
For full details, click here: http://www.DigitalMediaStocks.com/CO/USVO/Default.asp <http://www.DigitalMediaStocks.com/CO/USVO/Default.asp>
Contact:
(310) 295 - 0157
USVO Investor Relations Contact:
(860) 739 - 8030
Source: USA Video Interactive Corp.
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