Business Services Industry
FUSA Capital Corp Positions Itself to Be the Leading International Provider of Video and Audio Search Engine Solutions with the Acquisition of FUSA Technology Investments Corp
Business Wire, March 9, 2005
SEATTLE -- Online Video and Audio Content Growth Creates Need for New Search Engine Technology and Innovations
FUSA CAPITAL CORP (OTCBB:FSAC.OB), a US company with interests in the software and other sectors, has acquired FUSA Technology Investments Corp. which is an early pioneer of Internet based video and audio search engine technologies for the consumer and enterprise markets. Under the terms of the transaction, FUSA Technology Investments Corp. will become a wholly owned and operated subsidiary of FUSA Capital Corp.
FUSA Technology Investments Corp. has developed the next generation video and audio search engine. The multimedia search engine provides the tools to discover, scrape, index and generate metadata in RSS (Really Simple Syndication) format for the syndication of video and audio content to any Internet enabled device including PC's, cell phones and TV set top boxes.
Jenifer Osterwalder, President, FUSA Technology Investments Corp. explained the recent acquisition. "We are very excited about this opportunity. It is clear that the massive adoption of broadband Internet access in North America and around the world has increased the quantity of both video and audio files on the Internet. As the amount of available video and audio content continues to increase, both consumers and enterprises will demand efficient ways to search for it. With our comprehensive video and audio search engine solution, we are well positioned to become the market leader in video and audio search solutions in the eyes of consumers and enterprise customers."
The newly acquired video and audio search engine solution discovers and automatically indexes video and audio content generating metadata in RSS (Really Simple Syndication) format.
"RSS is quickly becoming a standard format for content syndication. Largely used to syndicate text based news headlines, we can now extend RSS to syndicate video and audio content in anticipation of the explosive growth in demand for news, sports, music and movies in video and audio formats," said Jenifer Osterwalder, President, FUSA Capital Corp.
The acquisition enables FUSA to rapidly enhance and market a number of new video and audio search products to consumers and enterprise customers. "We are ready to lead the way for a new generation of search engine solutions specifically designed for video and audio content," confirmed Jenifer Osterwalder, President, FUSA Capital Corp.
With the culmination of this transaction, FUSA anticipates being able to devote the marketing resources necessary to dramatically expand the client base.
About FUSA Capital Corp (OTCBB:FSAC.OB)
FUSA Capital Corp (OTCBB:FSAC.OB) is a leading provider of Internet based video and audio search engine solutions to consumers and enterprises. FUSA has developed the next generation video and audio search engine. The multimedia search engine provides the tools to discover, scrape, index and generate metadata in RSS (Really Simple Syndication) format for the syndication of video and audio content to any Internet enabled device including PC's, cell phones and TV set top boxes.
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