May 25, 2000 05:12am
New Frontier Media's ITN Subsidiary Chooses iBEAM as Broadcast Streaming Media Partner
Source: New Frontier Media, Inc.
by: Company Press Release
(BOULDER, CO) -- Interactive Telecom Network, Inc. (``ITN''), a leading Broadband Internet Service Provider (BSP) and wholly owned subsidiary of New Frontier Media, Inc. (Nasdaq: NOOF - news) announced that it has signed an agreement with iBEAM Broadcasting Corporation (``iBEAM''), a leader in streaming media broadcasting. Under the agreement, ITN will utilize iBEAM's state-of-the-art technology to deliver content in an uninterrupted high-quality stream over iBEAM's satellite-based delivery network.
``Our decision to use iBEAM was based on their unique ability to deliver media-rich content to the end user over an infrastructure designed to replicate broadcast quality video and CD quality audio on a global basis,'' stated Dean Church, Vice President Network Services for ITN. ``Through deployment of content via satellite to servers based at the edge of the network, iBEAM bypasses congestion on the major Internet backbones. This state of the art distribution technology will enable ITN's customers to deliver massive streams of content to the end-user,'' added Church.
The contract represents a milestone in the expansion of ITN. ITN is currently preparing to market its ISP/BSP services and related Web-based services to include additional entertainment-centric customers who require leading engineering and infrastructure expertise to deliver broadcast quality content over the Internet.
About Interactive Telecom Network, Inc.
Founded in 1994 in Los Angeles, ITN is a pioneer of mission-critical, entertainment-based Internet applications. Currently, ITN serves as a single source for a comprehensive range of high-performance Internet products and services, including dedicated access, web hosting, co-location, e-commerce application development, streaming media, bandwidth management, and security. Through its broadband services division the Company continues to pioneer innovative solutions utilizing best-of-breed technologies for e-commerce web hosting and content delivery in a broadband environment. Today, the Company's infrastructure supports the delivery or ``streaming'' of thousands of live and on-demand audio and video programs over the Internet. Ultimately, the Company expects to develop a platform that will support the delivery of IP-based Video-on-Demand.
About New Frontier Media, Inc.
New Frontier Media, Inc. is a leader in the electronic distribution of adult entertainment with an unparalleled library of content. Through its programming subsidiary, the Company distributes adult entertainment via pay-per-view and subscription cable/satellite video networks. Cable/DBS networks include Pleasure(TM), the most-edited standard available in the category; TeN, The Erotic Network(TM) and ETC, Erotic Television Clips(TM), which incorporates a partial-editing standard and Extasy(TM), the least-edited standard.
Through its Internet subsidiaries, New Frontier Media designs, creates and implements Company-owned subscription/membership-based web sites for the adult Internet consumer markets. It also operates Internet traffic sales and acquisition programs for the adult webmaster community. In addition, the Company is also a payment services processor that provides various Internet billing options and a full range of secure, fully automated credit card payment processing technologies.
For more information about ITN, contact Keely Hawk, VP Corporate Communications for ITN's parent company, New Frontier Media, Inc., at 303-444-0900, extension 145.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of Securities & Exchange Act. The Company intends forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. All statements regarding the Company's expected business strategy its financing plans and the outcome of any contingencies are forward-looking statements. The forward-looking statements are subject to risks, and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements.