|
|
|
FOR IMMEDIATE RELEASE
Wednesday, July 18, 2001
Communications Security for Streaming Media Partnership with Verio, Inc. Announced
Joint Technical, Sales and Marketing Initiative Speeds Access To Communications Security for Enterprise Customers
Seattle, WA, July 18, 2001 – As streaming media continues to revolutionize the manner in which enterprise customers communicate and create new e-business models, the demand for communications security is skyrocketing.
To address this increasing demand for communications security, Widevine Technologies, Inc. announced a partnership with Verio, Inc. today, launching joint technical, sales and marketing initiatives among the two companies. This agreement is non-exclusive.
"Integrating Widevine Cypher into the services and products offered by Verio provides a powerful technology to IT professionals serving the enterprise market," said John Beyer, chief executive officer, Widevine Technologies. "IT professionals adopting streaming technology are saving their companies a great deal of money, while improving their capacity to communicate and distribute information efficiently. Integrating the powerful security technology of Widevine Cypher enables customers of Verio to move ahead of their competition in a manner that is secure and efficient. At the same time, Widevine is able to speed access to services offered by Verio' for our customers."
Widevine Cypher is a patent-pending communications security product that enables shared encryption for streaming media on the Internet and private networks. Among its existing and planned capabilities are:
- Complete transparency on both the server and client end, allowing customers to continue using the hardware and software they already own.
- Full compatibility with all current standards-based streaming media technologies, including RealMedia (NASDAQ: RNWK), Windows Media (NASDAQ: MSFT), QuickTime (NASDAQ: AAPL), and MPEG.
- Client-side security and monitoring prevents streams from being captured by network stack hacking, screen-scraping, and other common techniques by shutting down streams automatically when such attacks are detected.
- Modular client shim design allows easy development and instant deployment of new encryption algorithms, enhanced client side security technology, custom back-channel data communication and much more.
Skyrocketing Demand for Secure Streaming Media
The enterprise streaming market in North America will grow from a base of $140 million in 2000 to $2.8 billion in 2005, according to a recent report by Jupiter Media Metrix, March 2001. The report states: "Early adopters who have rolled out streaming to most of their employees are now considering their options for how to deliver secure streaming to partners and distributors."
Demand for secure streaming media will increase as use of streaming expands among enterprises. An alarming number of Fortune 1000 Information Technology professionals limit their use of streaming technology because of security concerns, according to a recent study by Market Decisions Corporation, a top technology and industry trend research firm.
"According to the survey, more than 20 percent of FORTUNE 1000 companies currently using streaming limit their use of this technology, with their lead information technology officials citing security concerns as an important barrier to expanding their use of streaming," said Bill Svendsen, Ph.D., a principal in Market Decisions. "In addition, the survey found that lead information technology officials at these companies anticipate security being a growing part of their budget and use of staff expertise and time in the near and long-term future."
Highlights from the survey of 100 information technology professionals at FORTUNE 1000 companies:
- Security Concerns Limit Streaming: One in five (21%) of the companies currently using streaming limit their use of streaming media because of security concerns.
- Use of Streaming Technology Will Continue to Expand: Among companies that do not currently use streaming, nearly two-thirds (64%) anticipate initiating the use of streaming technology, with more than half of them planning to do so within two years.
- Security Is a Growing Challenge for Information Technology Professionals: The information technology professionals surveyed estimate that security will demand 15% or more of their budgets over the next three years. Nearly 10% of their staff time and resources are currently dedicated to addressing security-related matters.
About Widevine Technologies, Inc.
Widevine Technologies is a leading developer 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 Verio, Inc.
Verio Inc. (www.verio.com) is a wholly owned subsidiary of NTT Communications (www.ntt.com), which provides long distance and international telecommunications reaching over 200 countries worldwide. Verio is the world's largest operator of Web sites for businesses and a leading provider of comprehensive Internet services. The company offers customers a broad range of Internet solutions, including Web-hosting, e-commerce, virtual private networks and managed service offerings, among other enhanced services. Verio supports its operations with highly reliable and scalable global infrastructure and systems including a Tier One network, and provides Web-hosting services to customers in more than 170 countries. The combination of Verio and NTT Com offers services to meet the growing and diverse needs of all businesses, including large global enterprises, multi-national corporations and small to medium enterprises.
Media Contact:
Eric Moser
Ruder Finn Chicago (for Widevine Technologies)
Tel: +1 312 329 3908
mosere@ruderfinn.com
All trade names, trademarks, and/or service marks appearing herein are owned by their respective holders. |
|
|
|