ESPRE Announces That Its Technology Has Been Deployed by Baidu, China's Leading Internet Search Engine
Market Wire, June, 2008
ESPRE Solutions, Inc. (PINKSHEETS: EPRT), a Dallas-based video media solutions and technology company with a revolutionary and patented video compression technology, announced today that Baidu.com, Inc., the number one Chinese language Internet search engine, will launch its instant messaging application with real-time video chat based on the GIPS Video Engine solution integrated with the ESPRE LSVX(TM) Codec.
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In GIPS' June 5, 2008 press release Emerick Woods, Global IP Solutions CEO, stated, "GIPS developed its reputation in voice, and we've been successfully solving real-time video complexities for the last three years. Video conference/chat users are increasingly demanding better network speeds, quality, reliability and consistency, and developers are challenged with adding more features. While most video chats suffer from freezing, bad lip synchronization and postage stamp video images, Baidu now offers one great application which delivers GIPS quality serving the single largest market in the world," added Woods.
"In 2006 ESPRE licensed its LSVX(TM) codec to GIPS as part of a partner strategy to get global acceptance of our technology," said Pete Ianace, ESPRE's CEO. "We licensed our codec to GIPS because they had a great reputation in the VoIP world with a who's who customer list that wanted to migrate from a voice only company to one that offered both voice and video in an integrated platform." Mr. Ianace noted, "The license is limited to live video chat and doesn't allow GIPS to offer the full array of our ESPRE Live platform. Our goal was to use their global technical credibility and user base to get broad deployment of our core technology, which would help address one of the biggest obstacles facing a small company attempting to be successful convincing a crowded market there might be a better alternative to the traditional approach. GIPS have integrated our codec into their Video Engine and have started to win major accounts. This is the strongest possible endorsement of both of our technology and our strategy to get global acceptance of it."
Baidu is the Google of China servicing the largest single market in the world. They have selected and deployed a LSVX(TM) based solution over the industry standard H.264 that is dominant in all of Asia. This is the second big win in Asia for GIPS. In March, they announced that PIVOTEC, a major Korean ICT service provider, had become the first implementer of GIPS Voice Engine(TM) Multimedia in Asia.
ESPRE reported that this same technology is at the core of its new service offering VUELive, announced at NAB on May 1, 2008, which will launch over the summer. Additionally, this technology is integrated into ESPRE's spin out, OpenACircle.com that will be launched within the same period.
About ESPRE Solutions, Inc.:
Plano, Texas-based ESPRE Solutions is a public company (PINKSHEETS: EPRT) that is reinventing how enterprises and individuals work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions' newest offering, a Java-based ASP, VUELIVE.com delivers broadcast-quality interactive, collaborative video to consumer and B2B content providers. ESPRE harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. ESPRE Solutions' ESPRE Live(TM) media engine provides an integrated toolkit for solutions integrators and developers to create applications for business and personal communications. ESPRE's business strategy focuses on building strong partnerships, investing in companies that define the leading edge of video collaboration, and developing businesses to bring its growing suite of SDKs and APIs to the market.
To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.espresolutions.com .
Forward-looking statements made in this release made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance.
About Baidu
Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, are currently trading on the NASDAQ Global Select Market under the symbol "BIDU."
About Global IP Solutions
GIPS provides best-in-class voice and video in end-to-end IP communications with robustness against packet loss for service providers, enterprises, applications developers, network equipment, gateway and chip manufacturers. GIPS' customer list includes Nortel, Samsung, WebEx, Yahoo!, AOL, EarthLink and other key players in the VoIP market. GIPS is a member of the Intel® PCA Developer Network, Motorola Design Alliance, Symbian Platinum Partner Program, and Texas Instruments' third-party developer network. GIPS is headquartered in San Francisco, with offices in Stockholm, Boston and Hong Kong. For more information, please visit http://gipscorp.com .
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