The World's First Set-Top Box For Linux And Wavelet Video-On-Demand Produced By Urbana.ca Enterprises, Eagle Wireless, And USA Video Interactive
Urbana.ca Inc.'s (OTC BB: URBA) wholly-owned subsidiary Urbana.ca Enterprises Corp., Eagle Wireless (OTC BB: EGLW), and USA Video Interactive (OTC BB: USVO; CDNX: US), three leaders in video and Internet innovation, Wednesday announced their intentions to produce a set-top box that incorporates both the Linux operating system and USA Video Interactive's Wavelet Video-on-Demand(tm) system. The new set-top box is set to launch in early 2000 and will open the world of quality video, video-on-demand, Internet access and television broadcast to a vast market of residences and multiple dwelling units, such as apartments and condominiums. ""We are extremely pleased to join forces with Urbana.ca Enterprises and USA Video Interactive, two firms offering superior quality and impressive reputations. Our alliance will produce a revolutionary set-top-box that will offer consumers greater conveniences and enhanced capabilities. We estimate the demand for these set-top-boxes will be phenomenal, representing a potential market in the hundreds of millions of dollars,"" stated Dr. H. Dean Cubley, President and Chief Executive Officer of Eagle Wireless. Urbana.ca Inc. President Jason Cassis commented, ""We are excited to begin our project with Eagle Wireless and USA Video Interactive. USA Video Interactive's compression technology Wavelet is highly adaptable to several projects we have underway. Utilizing a Linux platform will provide the necessary flexibility and high reliability to create the optimal set-top-box that should appeal to thousands of consumers."" ""Linux is one of the most important, fastest growing platforms in the world today, and it is having a huge impact on the future of the Internet,"" said Edwin Molina, President of USA Video Interactive. ""By combining our technologies with those of Eagle and Urbana, we are creating a set-top box with unequalled capabilities just as the market opens up for a device that truly achieves convergence of the many communications technologies existing today and under development for the future."" About Eagle Wireless Eagle Wireless International, Inc., is a leading supplier of telecommunications equipment to the paging, specialized mobile radio (SMR), one- and two-way wireless messaging, remote data acquisition, Set-Top Box, Internet access, and IWWC product markets. The Company is headquartered in Houston, Texas. For further news updates on Eagle, visit www.eglw.com, www.otcfn.com/eglw, and www.compasspointgroup.com. About USA Video Interactive USA Video Interactive is an international designer and supplier of high-tech Video-on-Demandô systems, services and solutions. The USA Video Interactive technology allows users to view streaming video or to access digitized video libraries, including movies, sports, other entertainment, educational resources, corporate training seminars and other archives. The USA Video Interactive technology gives users full-motion video; the unique flexibility of standard, VCR-like controls of play, fast-forward, reverse and pause; and the convenience of a standard internet-browser format for access. USA Video Interactive can utilize MPEG-1, MPEG-2 or MPEG-4 compression techniques but prefers its Wavelet compression technology. The USA Video Interactive Wavelet technology allows direct streaming and download and play options; provides video images significantly faster and at a higher degree of resolution than with previously available methods; significantly overcomes bandwidth restriction's; and eliminates the blockiness and slowness of current technologies, all at a lower cost. An essential feature of the USA Video Interactive technology is that it allows extremely high compression ratios while retaining near-broadcast quality. For more information on USA Video Interactive, contact Tony Castagno, 860 572 1560. About Urbana.ca, Inc. Urbana.ca Inc. is an e-commerce, transaction and content company that creates Intranet and Internet-based systems in conjunction with local area governments and high profile corporations. Delivered through a set-top-box, local communities can be provided with community-based entertainment and information services widely used in all facets of everyday life. The Company's headquarters are located in Ontario, Canada.