Video Without Boundaries, Inc. (OTC Bulletin Board: VDWB), a leading provider of interactive, media-convergent home entertainment devices, today announced it has successfully been re-listed on the OTC Bulletin Board(R). In addition, the company continues to focus on delivery of its key initiative strategy. The previously announced initiatives provide a strategic framework for execution in the areas of portable media devices, OpenCable-compliant high definition media centers and Consumer Electronics Software, Applications, and Content.
"VWB has successfully filed all necessary financial reports and has resumed trading on the OTC Bulletin Board," said Video Without Boundaries, Inc. President and CEO Jeffrey Harrell. "We greatly appreciate the patience and confidence our shareholders have exhibited over the past year. The Company enjoyed a very successful exhibition at the 2006 International Consumer Electronics Show in Las Vegas and has heard from the industry that our products are innovative, cost- and feature-competitive, and that we continue to be a thought leader in the most exciting technology market."
Portable Media Update
Leading into this year's International Consumer Electronics Show in Las Vegas, VWB has announced both the Flyboy HD and CoPilot products. These products were demonstrated at the show and very well received by the industry, retailers, and journalists in attendance.
The CoPilot features video playback and recording on an internal 512MB flash drive. The unit memory is also expandable via its SD card slot enabling the CoPilot to store more than 6 hours of video at 320 x 240 @ 30f/s resolution. The CoPilot also supports MP3, WAV, and WMA formats and Line In Audio for simple playback and recording of music. Additional features include: internal microphone for voice recording, photo viewing, video output for playback of video onto TV, games, calendar, clock, built-in speakers, and FM radio tuner.
The Flyboy HD is a breakthrough in video quality for entertainment lovers on the go. Featuring an innovative 960 x 234 pixel backlit LCD display, the Flyboy HD plays home video, recorded TV programs, movies, video podcasts and more, with a clarity and brightness that rivals screens many times its size.
The company is also continuing development on wireless Internet capability or WiFi, Bluetooth, Web browsing, video capture, video conferencing, games, personal organization, increased storage capacity, GPS, satellite radio reception, and increased battery life.
OpenCable-Compliant High Definition Media Centers
In November, VWB announced its plans to make interactive two-way digital cable products a retail certainty by entering into agreements with CableLabs(R) that enable VWB to implement OpenCable(TM) Application Platform (OCAP(TM))-compliant middleware on its next generation MediaREADY media centers. The agreements, available to any interested consumer electronics manufacturer, grant certain intellectual property rights required for building interactive devices in compliance with CableLabs' OpenCable(TM) hardware and software specifications. The two-way agreement is called CableCARD(TM) Host Interface Licensing Agreement (CHILA).
The company also announced its first product to incorporate this new technology, the MediaREADY 6000 which was demonstrated to much acclaim at the CES show. The MediaREADY 6000 combines DVD/MP3/CD recording and playback with an Internet browser, email, media jukebox and more, now includes onboard CableCARD(TM) digital cable tuning and dual ATSC/NTSC/PAL tuners for watch- record, AAC/iPod support, HD MPEG 2-4 (H.264)/DivX/WMV/VC-1 codecs, and VoIP/video conferencing support among other features.
Consumer Electronics Software, Applications and Content
VWB has also made great progress in the area of third-party software support for the MediaREADY line of products. At the CES show, VWB demonstrated support for an array of new applications and services including: iTunes, Google Video, AOL Optimized 9.0, voice over IP, as well as transfer of video and audio to the Apple iPod.
For more information about the VWB MediaREADY line, visit http://www.vwbinc.com.
CableLabs(R), DOCSIS(R), CableHome(R), PacketCable(TM), OpenCable(TM), OCAP(TM), CableCARD(TM), Go2Broadband(SM) and CableNET(R) are marks of Cable Television Laboratories, Inc. Flyboy, MediaREADY and Video Without Boundaries are trademarks of Video Without Boundaries, Inc. All other trademarks or registered trademarks are the property of their respective owners.
About Video Without Boundaries:
Video Without Boundaries (OTC Bulletin Board: VDWB) is a leader in digital media-on-demand, enhanced home entertainment, and interactive products that connect people simply. VWB is focused on delivering flexible Consumer Electronics-based products and services that are affordable, easy to use, and simple to understand.
Forward-Looking Statements:
Forward-looking statements and comments in this document are made pursuant to the safe harbor provision of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, maintain current sales levels, add new products and services and develop new Web sites are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for the company's products and services, competition, and availability of capital.
VWB CONTACT:
Belinda Banks
S&S Public Relations, Inc.
212-946-2823
Belinda@sspr.com
VWB INVESTOR RELATIONS:
Video Without Boundaries, Inc.
Robert Gartzman
954-527-7780
vwbinvestor@vwbinc.com
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