The revenue sharing license agreement provides for the complete integration of CSC’s video compression technology into the miOffice suite, as well as the ability for miNetwork to launch video services in a stand alone application. The initial service offering to be embedded into the miOffice Suites will be the personal edition of video conferencing and the service will be branded as miVideo. “The video and audio codec provided by CSC delivers compression ratios that are simply the best that we have tested”, stated Dan Pacholik, President & CEO of the corporation. “Bandwidth utilization in the delivery of content is the single biggest concern for our distributors and customers, from a global perspective. The CSC technology allows miNetwork to provide the miVideo Conferencing over dial-up Internet access, high speed cable or DSL connections. This is vital to our distributors in countries outside North America where high speed internet access is just now emerging and often only in highly developed urban areas,” added Mr. Pacholik.
“miNetwork will begin loading demonstration users on the miVideo service effective immediately and plans to launch the video conferencing in the miOffice suites by early June, 2005” stated Mr. Pacholik.
“CSC has developed a very strong working relationship with miNetwork over the past year and we are pleased that they have selected our compression technology,” commented Mr. Gary Saundh, President of CSC. “ We are actively working with miNetwork to launch other video services that are being embedded inside the miOffice suites, utilizing our proprietary technology” added Mr. Saundh.
Customers wishing to activate their miVideo simply need to visit miNetwork’s website, select a distributor near their location, complete the registration application and purchase a web cam if they do not already have a camera and they can begin video conferencing with their friends, business associates or other acquaintances, globally.
About CSC Global Technologies Inc.
CSC Global Technologies Inc. (CSC) is a privately held, Calgary company with a revolutionary video and audio compression technology that the company has found no equal, globally. These technologies provide:
• Compression of pre-recorded video files with compression ratios up to 2000:1,
• Compression of live video streams in real time with direct broadcast over the Internet
• Transmission of video streams over a wide range of Internet bandwidths (10 kbps – 1,000 kbps), from dial-up to high speed.
About miNetwork Group Inc.
About miNetwork Group Inc. is an Internet based marketing and distribution company focused on the migration of real world Internet products and services from a fixed location service to the wireless devices and access points now being deployed globally.
On Behalf Of The Board
of miNetwork Group Inc.
President - Dan Pacholik
For investor relations and corporate information:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially form those anticipated or implied in the forward-looking statements.