SANTA ANA, Calif., March 25, 2008 (PRIME NEWSWIRE) -- Teresis Media Management, Inc., the developer of the first and only complete video production asset management solution, today announced its technology has been adopted by more than 100 television shows. Hitting the 100th show milestone validates the strength and value of the Teresis production asset management service, which offers a unique opportunity for producers to cut budgets and significantly reduce post-production time while raising the quality of the final product.
Film and television producers are under constant pressure to compete by reducing overhead and budgets while delivering top quality products. Reality show producers, in particular, must be mindful of budgets while quickly sifting through thousands of hours of footage to edit and wrap post production under very tight deadlines. To alleviate much of this strain on production companies, the browser-based Teresis platform offers a broad spectrum of pre and post production tools that enable producers, directors, writers, editors and production companies to create scripts and storyboards, and digitize, log, transcribe, search, annotate and edit footage collaboratively and remotely using a MAC or PC.
Teresis has been successfully delivering these features and benefits to the entertainment industry through its software version for several years. 44 Blue, a top supplier of reality, documentary, lifestyle and action-adventure programming, effectively uses Teresis for many of its productions, including the History Channel's "Mega Movers," the A&E Network's "Find & Design," the Discovery Channel's "Survive This," the Style Network's "Split Ends," and MSNBC's "Lockup RAW" and "Lockup Extended Stay." The company's Vice President, Stuart Zwagil, explained, "Teresis has completely sped up and streamlined our processes. I don't think we could exist without having Teresis as part of our post process."
Last year, Teresis launched Teresis Online(tm), which harnesses the full power and benefits of Teresis technology in a "software as a service" business model, making it even more affordable and accessible to a wide variety of customers from the independent film producer to the largest entertainment production companies. By subscribing to Teresis Online(tm), production companies and their staffs can quickly and easily access all of these features and tools over the Internet, thereby eliminating analogue equipment, reducing logging and transcription expenses, decreasing office space, staff and overhead, and enabling staff to work remotely.
"Teresis Online(tm) offers the entertainment industry's first and only service to instantly provide video, audio and timecode without a tape just by simply hopping onto the Internet," said Keri DeWitt, president and CEO of Teresis. "With the click of a mouse, users get instant access to digitized tapes for offline editing."
LMNO, one of the foremost providers of reality, documentary, informational and entertainment programming for network, cable and syndicated television, has experienced the many benefits of using Teresis Online(tm) on all of its productions. The LMNO staff, which uses Teresis Online(tm) primarily for digital dailies and transcription, can access the service from anywhere at anytime to work on productions such as SOAPnet/ABC's "Wanna Be a Soapstar," HGTV's "Over Your Head," Discovery Health's "National Body Challenge" and the Military Channel's "MY War Diary."
"Teresis allows our producers and writers to do an incredible amount of work from home and on the road," said LMNO's Senior Vice President of Post Production, Jeff Rice. "It also gives our editorial staff a way to search the dailies they can't get from the editing software. The service is cost effective, provides many benefits and is a very good fit with how we like to work."
"Teresis offers something that is rare in the entertainment production industry -- the unique ability to be tapeless in a software and Internet-based world," added DeWitt. "This enhances the production workflow to make both pre and post production processes easier to manage. Productions that use Teresis save time and money by eliminating redundancy and promoting collaboration, quick decision-making and faster turnaround."
In addition to saving time and money, Teresis helps productions yield better quality productions and enables turnkey delivery to television networks, Google, MSN, iTunes, cell phone carriers and websites for easy distribution. Producers can also use Teresis to take advantage of new emerging markets such as VOD, YouTube and MobileTV.
About Teresis
Teresis Media Management Inc. is the leading provider of tapeless automation, digital workflow and asset management technologies for the entertainment and broadcast industries. The Teresis system is a browser-based platform of tools that enable producers, directors, writers, story producers, editors and production companies to create scripts and storyboards, and digitize, log, transcribe, search, annotate, and edit footage collaboratively and remotely using a MAC or PC. It is the first platform to offer the potential for producers to diversify their products, repurpose their assets, and generate new revenue streams all from a single production.
As part of its overall vision and strategy, Teresis bridges the gap in film and video production between camera and distribution by completing the supply chain between content creators and new emerging distribution channels in the VOD market space. Its patent-pending technology functions as both a cost center reduction system for producers and production companies to manufacture their shows cheaper and faster. For additional information about Teresis, please visit www.teresis.com.