Vancouver, BC – June 19, 2008 – Even Technologies Inc. (“Even” TSX-V: ETI), a leader in advanced video compression solutions, announces the release of the PSI_V® 100 Software Encoder. This software encoder features the latest advancements in Even Technologies’ PSI® core compression. The PSI_V® Software Encoder enables high quality low bitrate encoding for user generated content, video on demand applications and online video rentals and purchases.
The PSI_V® Software Encoder is a video on demand encoder for personal and professional video applications. From user generated content on the home PC to professional video encoding at the studio level on Intel®Xeon® processors, the Evenencoder provides higher visual quality while creating smaller file sizes resulting in lower bitrates for video delivery. This technology enables a 66% cost savings in file transfers over H.264 and an 800% improvement over MPEG-2. Enabling a range of new media revenue opportunities that were economically not viable before, the encoder facilitates profitable delivery of video on demand content, social networking video, gaming, file sharing, community events and advertising. With QuickTime Player, Windows Media Player, Flash Player and Carbon Coder integration, the encoder expands mass market opportunity.
Designed for sharing content with the world, the software encoder allows home users to create broadcast quality video experiences on their laptops and distribute them over Internet connections.
For commercial operators, the PSI_V® Software Encoder offers key competitiveadvantages by maximizing the high margin video services that can be delivered over any wireless, IP or satellite network.
For Even Technologies, this product represents entry into the $10 billion video on demand market with applications into a wide range of new media revenue opportunities including mobile video, personalized online channels, video on demand, user generated content and time shifted television.
The release is also the first opportunity for personal users to create content using Even Technologies’ high performance PSI_V® video compression. With user generated content expected to reach 65 billion downloads by 2010, this represents mass market opportunity for Even Technologies.
Any content, anywhere, anytime.
On Behalf of the Board of Directors:
(signed) "Nick Ringma"
Nick Ringma
President and CEO
+1 604 689 1858
Even Technologies Inc.
Even Technologies is a Vancouver, Canada based company, specializing in advanced solutions for profitable video delivery. Even Technologies’ compression product portfolio includes the dme™ 900 HD Encoder to allow operators and broadcasters to introduce multiplatform video applications by distributing high quality video content over existing wireless, satellite and IP networks. The PSI® Smart Compression technology enables real time high definition broadcast at sub 3 Mbps. Even Technologies’ PSI® Smart Compression allows service providers to deliver standard definition video and high definition video for streaming and IPTV applications. Built into a complete system including real time encoders, middleware and upgradeable set-top boxes, the PSI® technology provides the telecommunications sector with a new alternative for delivering interactive digital television. The Company has also implemented the PSI® technology into a range of applications for medical imaging, security identification photos and media streaming to the PC and mobile environment. For more information, please visit www.eventechnologies.com.
Copyright © 2008 Even Technologies Inc.™, EVEN™, PSI®, dme™ and other marks, names, logos and icons identifying Even Technologies Inc. and Even Technologies’ products and services referenced herein are trademarks or registered trademarks of Even Technologies Inc. All other company, product and/or brand names or marks are the trademarks of their respective owners.
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