BBVISION LICENSES FANTASTIC'S TECHNOLOGY TO OFFER NEW DATA BROADCASTING SERVICES IN HONG KONG
HONG KONG, 12 July 2000 - The Fantastic Corporation (Fantastic) and BBVision today jointly announced that BBVision has licensed Fantastic's Broadband Multimedia software known as Channel Management Center (CMC) to offer a new generation of data broadcasting services in Hong Kong
BBVision is an integrated solutions provider, and the first to focus on data broadcasting services for the B2B and consumer markets over any IP Broadband networks in Hong Kong. Its visionary leadership and expertise in multimedia content and services, combined with cutting-edge technology from Fantastic will enable BBVision to offer broadband applications and services relevant to the local market, pioneering the way for a broadband era.
Corporations in Hong Kong from financial institutions, retailers, high-tech companies to educational institutions will be able to leverage powerful data broadcasting applications over their preferred broadband networks as a competitive tool in their business. Such broadcasting applications include multimedia corporate communication, distance learning, data distribution and interactive kiosks. End-users will be able to enjoy an enhanced media experience, combining the interactivity of the Internet with the richness of Television.
Fantastic's unique solution enables customers to Aggregate, Broadcast and Consume multimedia content using point-to-multipoint distribution over networks such as cable, satellite, DSL and digital terrestrial. Customers can book, track and subscribe to sets of broadband multimedia services, and pay for the distribution on a per-transaction basis. All types of digital media can be scheduled and broadcast via package delivery, caching, or audio and video streaming.
Mr Thomas Dijohn, Fantastic's Vice President, Asia Pacific said, "We are extremely pleased about BBVision's choice of our end-to-end solution as the core technology for the data broadcasting services in Hong Kong. Media companies and corporations can enjoy the seamless communication with their customers and employees, linking the communities closer and bringing them greater competitiveness."
"We have the shared vision to bring multimedia content and the Internet to the next stage, where users can experience video, sound, animation and interactivity at enhanced speeds, free from the limitations of the narrow band. We are excited to take this step forward to offer our local users a world of visual, audio and interactivity with easy access and fast delivery," said Mr Ashley Lo, CEO of BBVision.
About The Fantastic Corporation The Fantastic Corporation (Zug, Switzerland) is the leading provider of end to end software solutions for broadband data broadcasting. This is an emerging communications technology which combines point-to-multipoint digital broadcasting with point-to-point Internet connectivity, in order to deliver rich interactive media content to PCs, digital set-top boxes or handheld devices (including 3G mobile phones) over any broadband IP network.
By merging the inherent bandwidth and speed benefits of broadcasting technologies with the interactivity of the Internet, broadcast data provides superior content distribution and interaction in an increasingly IP-centric world. Fantastic's end to end software supports the rapid growth of the "data broadcast" industry.
Fantastic's customers are typically in two categories. The first includes network operators, satellite companies and any other company providing broadband data transmission services. The second category is content providers, such as media or entertainment companies, or any organisation wishing to transmit large volumes of digital data to target receiver groups quickly and efficiently.
Fantastic is a public company, quoted on the Frankfurt Stock exchange the symbol: FAN.
About BBVision BBVision is the leading provider of e-commerce and broadband multimedia broadcasting solutions in Hong Kong and Macau. BBVision offers broadband content delivery, networking and applications services to help businesses and content providers to create broadcast quality multimedia content for their customers. BBVision's strategic partners include leading broadband network operators, content providers and corporations.
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For further information, please contact:
The Fantastic Corporation Fang Yoke Ling Director of Marketing, Asia Pacific Yokeling.fang@fantastic.com
Occasions Corporate and Financial Communications Limited (PR Agency) Arthur Hung / Grace Sek grace@occasions.com.hk
BBVision Ashley Lo CEO Lo.ashley@bbvision.com
Or visit our web site at www.fantastic.com
The Fantastic Corporation is a registered trademark. Channel Management Center (CMC), Channel Editorial Center (CEC), CEC Master, and MediaSurfer are trademarks of The Fantastic Corporation.
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