Ivast And Paradyne Combine Forces To Deliver Mpeg-4 Based Services To Hospitality And Education Markets

Nov 19, 2002

iVAST, a provider of MPEG-4 software, and Paradyne Networks, Inc., a provider of broadband voice, data, and video network access solutions, will partner to support the sale of MPEG-4 based On-Demand services, including video-on-demand (VOD) and interactive educational programs, to the hospitality and education markets. Paradyne and iVAST's combined capabilities are intended to provide the hardware and software infrastructure to cost-effectively deliver advanced interactive video services over broadband. Paradyne's carrier-class solutions offer the speed, function, reach, and scalability to deliver a new class of video services over broadband networks, enabled by iVAST's MPEG-4 software. The iVAST MPEG-4 Platform is a suite of content production, distribution, and playback tools using advanced compression technology and interactive media delivery. The iVAST MPEG-4 solution reduces bandwidth and storage requirements making possible the cost-effective deployment of interactive media services such as VOD, SVOD, NVOD, enhanced DVDs, and electronic programming guides (EPG) with integrated copyright protection.

(http://www.ivast.com), (http://www.paradyne.com)