SAN MATEO, Calif., April 3, 2003 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE) today announced that it will demonstrate its latest technology offerings at the National Association of Broadcasters (NAB) 2003 Conference in Las Vegas, April 7-10, Virage booth No. SL1854. At the show, Virage will announce two major new product releases and will demonstrate these products publicly for the first time. In addition, EDS and EMC Corporation will be in the Virage booth demonstrating their latest technologies.
EDS will demonstrate its new Digital Asset Management (DAM) architecture in the Virage booth. This new end-to-end asset management solution from EDS can be implemented in increments, allowing customers to accelerate their return-on-investment. EDS has chosen Virage's technology for its new DAM architecture. EDS, the leading global services company, provides strategy, implementation, business transformation and operational solutions for clients managing the business and technology complexities of the digital economy.
In addition, EMC will be in the Virage booth demonstrating interoperability of its newest Centera storage product line and Virage's video and rich media applications. The demonstration will highlight how enterprises can easily and efficiently manage, store and distribute their content to maximize the value of their media assets. EMC is the leader in information storage systems, software, networks, and services.
On Monday, April 7 at NAB, Virage, EDS and EMC will host a cocktail event to launch two new Virage products and to discuss its new relationships. Customers, partners and the media will hear from Paul G. Lego, Chairman and CEO of Virage, Michael R. Harris, Global Media and Entertainment Industry Leader at EDS Solutions Consulting, and Carl Washington, Global Alliance Manager at EMC.
For details of the cocktail event, please contact Amy Lee at +1 (650) 581-8596 or PR@virage.com. To schedule an appointment with Virage at NAB to see demonstrations of its new applications and EDS and EMC technologies, please call +1 (650) 372-3496. Virage will be located at NAB booth No. SL1854.
About Virage
Established in 1995, Virage is a leading provider of video and rich media communication software. Virage builds integrated rich media business solutions for corporations, media and entertainment companies, universities and government agencies worldwide. Headquartered in San Mateo, California, Virage (www.virage.com) has offices throughout the United States and Europe.
Forward Looking Statements
This press release contains "forward-looking" statements about the products and services of Virage, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "will demonstrate", "will announce", "will be", "will highlight", "will host", "will hear", and similar terms and phrases. 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 but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.
Virage and VideoLogger are registered trademarks of Virage, Inc. The Virage logo, SmartEncode, VS Webcasting, VS Publishing, VS Production, MediaSync, Virage ControlCenter and Virage Solution Server are trademarks of Virage, Inc. Other company product and service names may be trademarks or service marks of others, and are hereby acknowledged. The determination of when Virage makes its new major product releases available, if ever, remains at the sole discretion of Virage, Inc.