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ENRON SIGNS AGREEMENTS WITH ETERNITV AND IPIX
TO ENHANCE THE DELIVERY OF RICH MEDIA CONTENT
FOR IMMEDIATE RELEASE: Tuesday, October 24, 2000
HOUSTON -- Enron Broadband Services, a wholly owned subsidiary of Enron Corp. (NYSE: ENE), announced today agreements to deliver broadband content for eterniTV and Internet Pictures Corporation (“iPIX”).
eterniTV and iPIX will use the Enron Intelligent Network™ to distribute their unique content offerings, including business-to-business application and video services and interactive video content. The Enron Intelligent Network is designed to provide the scalability necessary to deliver secure, high-bandwidth content to a large population of simultaneous users. Enron’s broadband delivery platform includes a distributed server architecture, software intelligence, and network monitoring and control.
eterniTV is a leading business-to-business video service, providing high quality streaming content to e-business web sites, in the form of Snapshorts™ – short videos which can be easily added to websites. eterniTV creates Snapshorts on hundreds of topics covering around twenty different broad themes (such as travel, home improvement, financial services, sports, automotive etc) from programs originally made for television by eterniTV's content partners – leading broadcasters and producers from all over the world. eterniTV's turnkey service adds focused,high quality video to clients' web sites, enabling almost any web site to benefit from the value of relevant streaming video.
iPIX is using Enron to help deliver high quality broadband video streaming services to their customers. iPIX Movies® make use of this distribution capability to deliver live and on-demand, interactive product promotion, entertainment, and distance learning, in ways not possible with still pictures or traditional video. iPIX is the leader in dynamic imaging. iPIX’s end-to-end dynamic imaging solutions enable the capture, processing, hosting and distribution of rich media to thousands of Internet sites and millions of Internet enabled wired and wireless devices. A broad array of industries including real estate, online auctions, e-retail, automotive, travel and hospitality, and entertainment are capitalizing on iPIX® imaging solutions to give viewers more information, more interaction and a richer online experience.
“By leveraging Enron’s broadband network, eterniTV and iPIX are able to provide a superior level of quality and reliability to their viewers, ” said Ken Rice, chief executive officer of Enron Broadband Services. “By choosing Enron for content delivery services, these companies are helping to accelerate the broadband market and provide an enhanced viewing experience for customers.”
Enron Broadband Services is a leading provider of high quality, high bandwidth delivery and application services. The company offers broadband solutions to fundamentally improve the experience and functionality of the Internet. Enron’s Broadband Operating System allows application developers to dynamically provision bandwidth on demand for the quality of service necessary to deliver broadband content. Enron is also creating a market for bandwidth that will allow network providers to scale to meet the demands required by increasingly complex applications. Enron Broadband Services can be found on the Web at www.enron.net.
Enron is one of the world’s leading electricity, natural gas and communications companies. The company, with revenues of $40 billion in 1999 and $60 billion for the first nine months of 2000, produces electricity and natural gas, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine has named Enron “America’s Most Innovative Company” for five consecutive years, the top company for “Quality of Management” and the second best company for “Employee Talent.” In addition, Enron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America.” Enron’s Internet address is www.enron.com. The stock is traded under the ticker symbol “ENE.”
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For additional information please contact:
Shelly Mansfield
(713) 853-4589
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