VeriSign and Entriq Team to Offer Media Companies a Comprehensive Platform to Create, Deploy and Manage High-Quality, Broadband Media Businesses
Market Wire, February, 2007
VeriSign, Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure for the networked world, today announced that it has entered into a strategic alliance with Entriq, Inc., a company that provides pay media solutions to manage, protect, and monetize multimedia content worldwide.
The new joint offering combines Entriq's rights-management and commerce solutions with the VeriSign® Intelligent Content Delivery Network (CDN) to offer media companies a comprehensive and cost effective solution for managing, monetizing, and delivering their media assets online. Entriq's services include customer care, billing, content geographic controls, download controls and support for a wide variety of business models. VeriSign's Intelligent CDN, introduced in December 2006, is a market leader in delivering high-quality video over the Internet in a secure, scalable manner utilizing patented peer-assisted technology.
The combined solution offers media and entertainment companies a variety of delivery options for monetizing their valuable media assets, including streaming, download and progressive download, with the additional advantage of leveraging secure and legitimate peer to peer when delivery speed and cost advantages are critical business drivers.
"The market for online video is growing at an explosive pace, but we keep hearing customers ask for less complex ways to publish and distribute content online," said Jeff Richards, vice president and general manager of Broadband Content Services for VeriSign. "The combination of the VeriSign and Entriq solutions takes the complexity out of this equation. The Entriq/VeriSign offering utilizes two of the market's leading content platforms to enable the broadest range of market participants -- from large media networks to small startups -- to deliver and monetize video online."
Entriq COO Scott Crowder said: "Posting Internet video is relatively simple, as anyone who has visited YouTube knows, but delivering high-quality video cost effectively -- and then verifying that the digital rights of the publisher are protected and enforced while also offering customers excellent customer care -- is another story. By integrating Entriq's pay media solution with VeriSign's Intelligent CDN we're providing entertainment and media businesses of all sizes a chance to build scaleable new media business. We've made it easy and affordable to produce and generate revenue from high-quality Internet video."
According to analyst firm eMarketer, Internet video is exploding. In the United States alone, the Internet video audience will grow 45.8 percent from 107.7 million in 2006 to 157 million by 2010.
The VeriSign Intelligent CDN combines the attributes of a traditional CDN with the efficiencies of peer-to-peer technology as an end-to-end managed service. The scale of VeriSign's global intelligent infrastructure, combined with the patented and proven Kontiki peer-to-peer technology, enables media and entertainment companies to offer a superior download experience for end users.
Entriq is also launching the 3.6 version of the Entriq Download Manager which along with incorporating the Verisign Intelligent CDN components has been upgraded to include:
-- Transfer to PlaysForSure Devices -- Entriq Download Manager supports
discovery of devices attached to the PC through USB ports. It also supports
transfer of appropriate media and licenses to a PlaysForSure device.
-- Configurable Delay in Auto-Deletion -- customers can now determine the
interval for auto-deletion of the media file.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN) operates digital infrastructure services that enable and protect billions of interactions every day across the world's voice and data networks. Additional news and information about the company is available at www.verisign.com .
About Entriq, Inc.
With over 20 years of pay media experience, Entriq, Inc. powers new media business models by providing solutions for protecting, selling and delivering content to broadband, mobile and IPTV connected devices worldwide. Entriq gives content and service providers the tools needed to manage and protect valuable media assets they wish to track and/or sell. Entriq clients include some of the largest companies in the pay media industry, including MTV Networks, World Wrestling Entertainment (WWE), NBC Universal, Viacom, Major League Baseball, UEFA, Channel 4 (U.K.), BT Media and Broadcast, and Intel. Entriq is based in San Diego, Calif., and has offices in the U.K., France, China, the Netherlands, Germany and Australia. Entriq is a division of MIH Ltd., a wholly owned subsidiary of Naspers (NASDAQ: NPSN).
Trademarks
VeriSign, Kontiki and other trademarks, service marks, and logos are registered or unregistered marks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners. Copyright © 2007 VeriSign, Inc. All rights reserved.
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