Monday August 21, 7:00 am Eastern Time
SOURCE: Virage, Inc.
LEXIS(R)-NEXIS(R) Teams With Virage(R) to Add Video to Its Universe Of
Leading Provider of Credible, In-Depth Information Turns to Virage To Make
Video as Easy to Access and Use as Text
SAN MATEO, Calif. and DAYTON, Ohio, Aug. 21 /PRNewswire/ -- Virage, Inc.
(Nasdaq: VRGE - news), a leading provider of software products and
application services that enable video for the Internet, and
LEXIS(r)-NEXIS(r), a leader in online information solutions for business,
government, academic and legal professionals, today announced the
availability of searchable video content as part of the vast
LEXIS(r)-NEXIS(r) services through the Virage(r) platform. The integration
of Virage-enabled video, in the form of the Campaign 2000 Video Search
Engine available today on www.lexis-nexis.com and on August 22nd via
LEXIS(r)-NEXIS(r) Political Universe, represents a major step toward making
valuable video content as easy to access as text information.
The NEXIS business unit is using Virage Application Services and Virage's
Internet video infrastructure to integrate video seamlessly into its site,
enabling viewers to easily locate the televised speeches of presidential
candidates quickly by any topic or keyword. Visitors to the LEXIS-NEXIS home
page at www.lexis-nexis.com are able to quickly browse and view video clips
based on pre-selected topics, such as gun control or education, or simply
watch the latest coverage dynamically published to the site. Viewers are
also able to search through hundreds of hours of unfiltered C-SPAN footage
using a familiar search-engine style interface. By incorporating Virage's
Campaign 2000 Video Search Engine, LEXIS-NEXIS provides its users with
comprehensive Internet video coverage of leading political candidates on the
road to the White House.
NEXIS is providing access to this new video-based decision support tool in
their booth at the Democratic National Convention. The Campaign 2000 Video
Search Engine is also accessible from a NEXIS research page installed on
computers dedicated to members of the press covering the convention.
NEXIS products and services provide direct access to a vast information
universe. Millions of documents are added weekly to the more than 2.5
billion documents on the LEXIS(r)-NEXIS(r) services. The NEXIS service alone
offers more than 18,800 sources of news and business information and is
unmatched in depth and breadth of information. The LEXIS-NEXIS services are
distinguished from all other electronic information sources, including the
World Wide Web, by the scope and quality of its online content.
``Searchable and interactive video is revolutionizing the way NEXIS can
unleash the power of our web products,'' said Bill Pardue, president and CEO
of NEXIS. ``Video is a very valuable and widely-used information source, and
by joining with Virage, we now have the capability to turn it into easily
searchable information. The Campaign 2000 Video Search project provides a
glimpse at the future of information search and retrieval on NEXIS. We're
excited about the opportunity to strengthen our offerings with the addition
of technologies that allow searching of rich media.''
``NEXIS continues to set the industry standard for high quality
information,'' said Paul Lego, chairman and CEO of Virage. ``We are pleased
to be working with them to extend the reach of their content database to
include video, a very powerful information resource. Our alliance validates
the position of video as a first-class data type on the Internet and
significantly expands the scope of high-quality information available to
users of LEXIS-NEXIS services.''
NEXIS is a leading provider of online information to the business,
government and academic markets. NEXIS offers targeted information solutions
that can be integrated into its customers' business processes and systems.
Combining searchable access to over 2.5 billion documents from thousands of
sources with leading edge systems and tools for managing this content, NEXIS
delivers a high quality resource with which to build knowledge-management
solutions for the entire enterprise. NEXIS is an operating unit of
LEXIS-NEXIS, part of the global publisher and information provider Reed
Elsevier, Inc. For more information about NEXIS, please visit
About Virage, Inc.
Headquartered in San Mateo, CA, Virage is a leading provider of software
products and application services that enable owners of video content to
publish, manage and distribute their video assets over the Internet or
corporate intranets. Virage Application Services provide content owners with
the complete infrastructure for seamlessly integrating Internet-compliant
video into their web sites. Virage VideoLogger(TM) and Video Application
Server(TM) software set the standard for real-time indexing, publishing and
distribution of video across the Internet and corporate intranets. From ABC
News to Yahoo!, Virage has over 150 customers worldwide in a range of
markets including media and entertainment, large enterprise, education,
government and Internet destinations. Contact Virage at
http://www.virage.com/ or 650-573-3210.
This press release contains ``forward looking'' statements about the
products and services of Virage and LEXIS-NEXIS, as that term is used in
Section 21E of the Securities Exchange Act of 1934. Phrases such as ``will
demonstrate'' and `` will use'' denote forward-looking statements. These
types of statements address matters that are subject to risks and
uncertainties, which could cause actual results to differ materially. In
addition, our forward-looking statements should be considered in the context
of other risk factors discussed in our filings with the Securities and
Exchange Commission, including our Registration Statement on Form S-1, as
amended, available for viewing on our web site. (To access this, please
click on ``Investor Relations,'' ``SEC Filings'').
NOTE: Virage and the Virage logo are registered trademarks and VideoLogger,
Internet Video Guide, Virage Application Server and SmartEncode are
trademarks of Virage, Inc. LEXIS and NEXIS are registered trademarks of Reed
Elsesvier Properties Inc. Other company product and service names may be
trademarks or service marks of others, and are hereby acknowledged.
CONTACT: Jonathan Hirshon of Horizon Communications, 408-969-4888, or
firstname.lastname@example.org, for Virage, Inc.; or Carlos Montalvo of Virage, Inc.,
650-372-2648, or email@example.com; or Kelly Soden of NEXIS, 301-951-4692,
SOURCE: Virage, Inc.
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Caroline M. Bordinaro
Pasadena City College