Vyvx Wins NAB Award for Innovation in Media
NAB Attendees Recognize Vyvx’s Leading Media Distribution inVSM Service Platform
Tulsa, Okla., May 3, 2006, Vyvx, a market leader in providing fiber-optic and satellite transmission solutions to the media and entertainment industry for 17 years, announced today that it received an NAB Award for Innovation in Media (AIM) at the NAB 2006 Conference & Exhibition. As one of the five companies receiving the highest number of votes by peers in the Content Delivery category during the second annual AIM program, Vyvx received AIM recognition for its inVSM Service platform for the enhanced electronic delivery of long form and high-definition television (HDTV) content. The AIM program honors groundbreaking products that exceed expectations for boosting efficiency, increasing user flexibility and creativity in content delivery. Vyvx was selected for an AIM Award in 2004 when it launched its Vyvx® HD VenueNet® solution which provides HDTV content delivery for live event and sports broadcasters.
“As the professionals who are using broadcasting technologies day in and day out, NAB attendees are in a unique position to recognize the hottest products emerging into the marketplace. The NAB would like to extend its congratulations to all of the 2006 AIM winners who received this esteemed recognition,” said NAB Senior Vice President, Conventions & Expositions, Chris Brown.
The top five products within each of the Content Creation, Content Management and Content Delivery categories received recognition with a 2006 AIM. Each winning product also will be eligible for further recognition when a judging panel composed of key industry editors reviews the AIM-winning technologies and other new products at the exhibition to select an overall winner within each product category. The 2006 Editors’ Choice Award winners will be announced on Thursday, May 4.
Derek Smith, senior vice president and general manager of Vyvx, accepted the AIM Award at the NAB Technology Luncheon held at the Las Vegas Convention Center on Wednesday, April 26. “Vyvx solutions continue to receive endorsements from NAB attendees through the AIM awards, which demonstrates their recognition of our commitment to developing innovative solutions that support the electronic delivery of any type of content to various destinations,” Smith said. “Vyvx inV is an unmatched service for media content owners like advertisers, agencies and studios who need a single distribution provider to reach an increasing number of destinations through a variety of delivery options.”
The Vyvx inV service reaches the current network footprint of nearly 13,000 destinations and provides long-form content owners, such as direct-response marketers and syndicators, with a fully encrypted, efficient electronic delivery alternative to physical tape distribution. The platform can reduce turnaround time for direct-response marketers by nearly 50 percent, allowing shorter lead times and the ability to quickly adapt to changing market conditions. It also provides syndicators and station groups with new levels of flexibility and value, eliminating the need to schedule multiple live video satellite feeds, while reducing the lead time required to deliver the content.
Vyvx is the industry leader in gathering and distributing broadcast-quality live and non-live video for the media and entertainment industry. Using its network reach and innovative solutions, Vyvx delivers nearly 250,000 fiber and satellite video feeds and more than 5 million ads and promotional media content around the world each year. Offering both HD and standard-definition digital services to the sports, cable, and broadcasting industries, Vyvx supplies its customers with the broadest range of flexible and reliable services in the industry.
About Vyvx, LLC
Vyvx provides video delivery solutions over fiber optics and satellite to global advertising, sports, news, and entertainment customers. Vyvx offers a wide range of dedicated and occasional services and its electronic footprint reaches more than 13,000 online television and radio stations, networks and cable head-ends, as well as more than 100 professional sports venues and all major media centers, movie studios and production facilities. Vyvx is a subsidiary of Level 3 Communications, Inc. (NASDAQ: LVLT).
The Vyvx logo and Vyvx HD logo are trademarks and Vyvx and Venuenet are registered trademarks of WilTel Communications Group, LLC, a wholly-owned subsidiary of Level 3 Communications, LLC.
Level 3 Forward-Looking Statement
Some of the statements made by Level 3 in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Level 3 believes that its primary risk factors include, but are not limited to: developing new products and services that meet customer demands and generate acceptable margins; increasing the volume of traffic on Level 3’s network; overcoming the softness in the economy given its disproportionate effect on the telecommunications industry; integrating strategic acquisitions; attracting and retaining qualified management and other personnel; successfully completing commercial testing of new technology and information systems to support new products and services, including voice transmission services; ability to meet all of the terms and conditions of our debt obligations; overcoming Software Spectrum’s reliance on financial incentives, volume discounts and marketing funds from software publishers; reducing downward pressure of Software Spectrum’s margins as a result of the use of volume licensing and maintenance agreements; and reducing rate of price compression on certain of the Company’s existing transport and IP services. Additional information concerning these and other important factors can be found within Level 3’s filings with the Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors.
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