Onstream Strengthens Autonomy Partnership to Provide Rich Media Services to Fortune 1000 Clients
Onstream Extends Virage Implementation With IDOL to Deliver Faster and Better Digital Media Services
Jun 19, 2007
CAMBRIDGE, England and SAN FRANCISCO, June 19 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that Onstream Media ( OTC: ONSM) has selected its IDOL enterprise infrastructure platform as an integral part of Onstream Media's Digital Media Services Platform. This advanced technology extends Onstream's current implementation of Autonomy's suite of software applications including the Virage VS Archive solution to Onstream's rich media communications solutions, including webcasting, audio and web conferencing, and webinars. The IDOL technology enables the automated capture, encoding, indexing and retrieval of audio and video based files created though Onstream's Webcasting and other communications services.
Onstream Media is a leading online service provider of live and on-demand, digital media communications and applications. The company provides global organizations with a rich set of tools and services that facilitate the integration of data, video, and voice to offer true media management and online communication services across multiple geographies and platforms. The Virage VS Archive solution has enabled Onstream Media to automate the capturing, encoding and indexing of thousands of videos for Fortune 1000 companies, such as AOL and Dell. VS Archive is a content management solution that allows organizations to store, categorize, manage, retrieve and distribute audio, video and other rich media content quickly and efficiently.
Onstream Media plans to implement Autonomy's IDOL technology into its Visual Webcaster platform to expedite the analysis, retrieval and delivery of media intelligence from a range of content sources, including video, audio, Powerpoint slides and text, for its customers. IDOL will provide advanced capabilities, including contextual search, content indexing, clustering, and profiling.
"Currently, one of the challenges facing the digital creative world is managing the overwhelming amount of digital media being created, distributed and stored on a daily basis," Randy Selman, president and chief executive officer of Onstream Media. "Onstream Media's Digital Media Services Platform provides a powerful set of tools that enable Fortune 1000 companies to easily create, search, access, share, and distribute assets - all within a secure hosted platform. We believe that Autonomy's IDOL technology with its automated rich indexing capability will enable our customers to effectively conduct detailed searches on archived videos for compliance and/or corporate communications purposes in a highly-effective manner."
"We are proud to have successfully helped Onstream Media to provide state-of-the-art video solution to its customers from around the world," said Stouffer Egan, chief executive officer of Autonomy, Inc. "We believe that Onstream Media's latest investment in IDOL will give the company a suite of next-generation media management capabilities that can be rapidly deployed to meet its customers' requirements as they evolve in the future."
About Onstream Media Onstream Media Corporation ( OTC: ONSM) is a leading online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content on the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds. Onstream Media also provides live and on-demand webcasting, webinars, web and audio conferencing services. Almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Dell, Disney, MGM, Deutsche Bank, Rodale, Inc., Televisa, Thomson Financial/CCBN, PR Newswire and the U.S. Government. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
About Autonomy Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, compliance and litigation solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises more than 16,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Kraft Foods, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 350 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Stellent, Sybase, Symantec, TIBCO and Vignette. The company has offices worldwide.
The Autonomy divisions include: Aungate, specialist in real-time enterprise governance; Virage, a visionary in rich media management and security and surveillance technology; etalk, award-winning provider of enterprise-class contact center products and Cardiff, a leader in content capture and business process management solutions.
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