IRVINE, Calif., July 9, 2002 (PRIMEZONE) -- iLive Inc. (OTCBB:ILVE) is pleased to announce the release of Version 3.0 of its platform. The new iLive website features ISP pricing and sign-up, improved navigation, integrated e-mail and a host of other improvements. The new site also features iLive's Peer-to-Peer marketing program which encourages its members and content producers to share content by paying them through a uniquely structured referral system. iLive looks to deliver a great user experience to its customers and allow them to move forward quickly into the next generation of Internet Media Content.
Commenting on the new site, Scott Henricks, the Company's President, added, "We have found there is an unfulfilled need for content on demand, so we are delighted to be rolling out a new version of our website to enhance our users' experience. With the new site we have substantially vertically integrated our business model by adding the ISP and content sharing initiatives. The new website gives users a much-improved platform to take advantage of all iLive has to offer."
About iLive:
Located in Irvine, California, iLive is one of the only publicly traded companies to offer consumer video on demand services over the Internet. Video on demand gives consumers complete control over their viewing, allowing them to watch what they want, when they want. Episodes are accessed via the Internet on a pay-per-view basis and viewers can stop, pause, fast forward and rewind them just as they would a video or DVD. With the point and click of a mouse, viewers can watch a huge collection of Films, How-To's, Classic TV, Comedy, Documentary, and much more. For the first time with iLive you can create your own television schedule and revolutionize the way you view entertainment.
This press release contains forward-looking statements. The words `estimate', `possible' and `seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Executive Summary http://www.ilive.com/execSummary.html
Corporate Video: http://www.ilive.com/corpVideo.html