REDWOOD CITY, Calif., Feb. 27 /PRNewswire-AsiaNet/ –
ViDeOnline, a Digital Media Networking Company Delivering Secured
Licensed Digital Content over Internet and Mobile Networks
for China and the Asia Market
ViDeOnline Communications, Ltd. (VDO), a premier digital media networking
company, aggregating premium quality content over its O8 Media platform, to
carriers, Internet Service Providers, IPTV and Digital TV providers as well as
mobile carriers throughout Asia, today announced that it closed on its $12
million in funding led by Intel Capital, the venture investment arm of Intel
Corporation.
"ViDeOnline is uniquely positioned in aggregating licensed media content
with its patented O8 Media security network in the Asia market through major
carriers and service providers," said Dr. Priscilla M. Lu, Founder, Chairman
and CEO of ViDeOnline Communications Inc. "We are very pleased to have Intel
Capital Corporation who has significant presence in the Asia market, especially
China, to be one of our key investors."
"ViDeOnline sees a huge opportunity to become the industry leader in
digital media distribution in Asia by offering to carriers, licensed premium
quality content from leading Hollywood and Asia studios as well as music from
major record labels to local carriers, Internet service providers and IPTV
companies," asserts Dr. Lu. As one of the providers of licensed Hollywood
content for Digital Media Distribution in China, ViDeOnline sees tremendous
potential in offering compelling licensed content at competitive prices in a
market plagued with piracy. Over the past two years, ViDeOnline has been
working with local authorities in China to address how international quality
content, compliant with China’s regulations for censorship and media licenses
can be offered legally over an IP digital network. Through joint partnerships
with government entities, ViDeOnline will enter the China market with licensed,
censor approved content for delivery to consumers through carriers and local
IPTV or Digital TV and Internet service providers.
About ViDeOnline Communications Ltd
ViDeOnline Communications, Ltd aggregates digital media content for
distribution over its secured O8 Media network to Internet Service Providers,
broadband carriers, IPTV and Digital TV providers and mobile phone carriers.
ViDeOnline’s initial market focus is Asia, specifically China. The Company
secures the content by enhancing industry standard Digital Rights Management
technologies for delivery to PCs, set top boxes, mobile phones and DRM
supported portable players. Its full end to end network capabilities include
content management with a full suite of ingestion tools for a wide range of
consumer viewing devices, content security management with industry approved
DRM and watermarking, subscriber management with billing and real time
transaction record reporting, as well as network management to monitor server
and network congestion, transaction integrity and content flow. As one the
technology pioneers in this digital media network space in Asia, ViDeOnline is
able to secure licenses for distribution of major Hollywood studio content, as
well as music from the major record labels, and is uniquely positioned to
becoming one of the leading providers of digital media content in Asia.
For more information, please visit www.videonline.com, or call
1-650-587-1000.
NOTE: ViDeOnline Communications Ltd., and O8Media and/or the logos and
icons associated with each of these names are trademarks of ViDeOnline
Communications, Inc. and may be registered in certain jurisdictions. All other
trademarks are the property of their respective owners.
SOURCE: ViDeOnline Communications Ltd
CONTACT: Eric J. Kmiec,
Vice President of Marketing and Product Development
of ViDeOnline Communications,
info@videonline.com
Web site: http://www.videonline.com
February 27, 2007
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