FOR IMMEDIATE RELEASE
Monday, April 16, 2001
MidStream Technologies Partners with Widevine Technologies To Provide Communications Security Solution For New MidStream High Speed Streaming Appliance
New Pact Combines Widevine Cypher's™ Powerful "Encryption on the Fly"™ Technology With the Revolutionary MidStream Multi-gigabit Streaming Appliance
Seattle, WA, April 16, 2001 – A powerful collaboration of speed, combined with "encryption on the fly"™ security for streaming media, was announced today by MidStream Technologies™ and Widevine Technologies™.
MidStream Technologies™ is the leading developer of flexible hardware for streaming multiple-format narrow and/or broadband digital media. Widevine produces revolutionary new communications security and network technology products.
"Content piracy on the Internet is a big concern for content owners," said Richard Oesterreicher, Chief Technology Officer, MidStream Technologies. "We pride ourselves on proactively implementing new technologies that will revolutionize the economics and scalability of secure and reliable delivery of streaming media. Certainly, incorporating the powerful security solutions provided by Widevine Technologies into our product fits this philosophy. It's an important step toward providing a completely revolutionary product that helps to ensure that our customers' content is safe."
The two companies announced today that their engineering teams are embedding the communications security solution for streaming media - Widevine Cypher™ - into MidStream's innovative multi-gigabit streaming appliance. The combined scalability of the MidStream appliance and the ability of Widevine Cypher technology to uniquely encrypt each individual stream "on the fly" is a perfect match that will result in wire-speed encryption protecting valuable content, the two companies acknowledged as part of the relationship announced today. The relationship between the two companies is non-exclusive.
"Higher quality, faster streaming with a powerful security solution protecting valuable and proprietary content É that's what video and music entertainment companies, large corporations, governments around the world and other entities are demanding from the Internet and from streaming media," said Brian Baker, President and Founder, Widevine Technologies. "As the future of the Internet evolves, we are proud to be providing the streaming security solution technology - Widevine Cypher™ - for MidStream Technologies as they move forward with their innovative new streaming solutions."
About Widevine Technologies, Inc.
A communications security and network technologies company, Widevine Technologies is an emerging leader in the development of Internet infrastructure security products and technologies. The company's products are platform and format independent and provide value-added services and technologies for Internet streaming media and copyright protection. Founded in 1999, Widevine Technologies is based in Seattle, Washington. The core of the company is a world-class team of streaming media and encryption technology developers. For more information about Widevine Technologies, please visit www.widevine.com.
About MidStream Technologies
MidStream Technologies™ has developed the world's first flexible hardware capable of streaming narrow and/or broadband digital media at wire-speed. A single two rack-unit appliance is capable of delivering multi-gigabit sustained throughput. A multiple unit configuration provides built-in load balancing, failover reliability and the power to deliver millions of concurrent streams. MidStream's flexible hardware can support every popular streaming format simultaneously and allows for software and appliance upgrades in the field, extending hardware longevity and promoting cost savings. MidStream's investors include Polaris Venture Partners, ARCH Venture Partners, Cascadia Capital Partners, Fluke Venture Partners, Xilinx, Inc. and Imperial Bank, among others.
Media Contact:
Eric Moser
Ruder Finn Chicago (for Widevine Technologies)
Tel: +1 312 329 3908
mosere@ruderfinn.com
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