Virage Selected by the Industry Standard to Bring Net Returns 2000 Conference to the Web

Business Wire, Nov 16, 1999

SAN MATEO, Calif.--(BUSINESS WIRE)--Nov. 16, 1999--

The Leading Information Resource for the Internet Economy Selects

Virage Interactive(TM) Services to Make the Complete Video Library

of Net Returns 2000 Conference Searchable on the Internet

Virage, Inc., the leading provider of products and services that make video searchable and interactive, announced today that The Standard, the leading resource for news and information on the Internet Economy, is using Virage Interactive(TM) services to provide video search capability to its recent Net Returns 2000 conference.

This partnership heralds the future for the conferences industry and other videotaped events by providing a level of Internet searchability, content customization and 24-hour worldwide access to events previously limited to a single location, date and audience size.

"As a leading information provider for the Internet Economy, we are always looking for ways to utilize cutting-edge Internet software and services to foster community with our readers," said Michael Romoff, business development manager for The Standard. "Not only do Virage's video application services allow us to give our readers access to valuable information from our conferences, they make it easy for us to turn events into ongoing revenue streams, as well."

The Standard is using Virage's comprehensive Internet video service to transform their three-day summit about the information economy into a searchable videoconference. With video search capabilities provided by Virage, users of The Standard's premium web subscription service will be able to watch the conference, any time day or night, in a way that conforms to their interests. Visitors will be able to search the conference in a variety of ways, for example doing a search to pull up specific video from a particular panel, speaker, company or topic, such as "technology integration" and "Marimba." Or, the viewer will be able to perform broad searches to find every instance a topic is covered, such as "e-business opportunities and policy." Virage's video service allows The Standard to leverage its conference material over the World Wide Web by deploying it as on-demand, interactive video to conference subscribers.

About The Standard

Headquartered in San Francisco and located on the Web at www.TheStandard.com, The Standard is the essential source for intelligence on the Internet Economy. Through The Industry Standard, its weekly newsmagazine, TheStandard.com, its business intelligence portal, its conference and event division, and its online newsletter, research, recruiting and market-making offerings, The Standard provides a new breed of business leaders with the information and resources they need to succeed in the Internet Economy. The Standard has bureaus in New York, Washington, D.C., and London, and is owned by Industry Standard Communications, Inc., a subsidiary of IDG.

About Virage Interactive Services

Virage Interactive provides content originators, such as media and entertainment companies, enterprise customers, and premiere event and conference producers, with a complete solution for integrating searchable and interactive video into their web sites. Powered by Sun Microsystems' Enterprise servers and Solaris Operating Environment, the service translates video content from television, satellite or tape directly into a hosted and private-labeled video search engine. By providing a hosted index of searchable video, Virage Interactive allows site producers to weave video search throughout their site, retaining complete control over the functionality as well as the look and feel of the web pages.

About Virage, Inc.

Virage is the leading provider of products and services that maximize the value of video by making it searchable and interactive. Virage's award-winning VideoLogger and AudioLogger software set the standard for real-time indexing and distribution of video across the Internet or corporate intranets/extranets. Virage has been named the market winner by industry analyst group Frost & Sullivan. Virage customers include ABC News, AltaVista, Associated Press, BBC, Carlton Communications, CBS, CNET, CNN, CNN Interactive, Compaq, C-SPAN, Energy Film Library, Federal Bureau of Investigation, Fox Sports, General Electric, General Motors, Harvard Business School, iVillage.com, Lockheed Martin, Lucent, NASA, NBCi/SNAP.com, Network Espana, New York Stock Exchange, Reuters, Swiss Radio-TV, Telecinco, washingtonpost.com and several classified U.S. government agencies. Headquartered in San Mateo, California, Virage was incorporated in 1994 to provide organizations with advanced methods for accessing and leveraging media assets. For more information, see the Virage web site at http://www.virage.com or call 650/573-3210.

Virage and the Virage logo are registered trademarks and VideoLogger, AudioLogger and Virage Interactive are trademarks of Virage, Inc. All others are trademarks of their respective companies.