Pinnacle Systems Announces StreamGenie Presenter

Alliance With sofTV.net Brings Rich Media Streaming to Corporations,

ISPs and Educators Worldwide



Apr 12, 2001, 01:00 ET from Pinnacle Systems, Inc.

    MOUNTAIN VIEW, Calif., April 12 /PRNewswire/ --
 Pinnacle Systems, Inc. (Nasdaq:   PCLE), a leader in streaming media solutions,
 today announced a major addition to its webcasting solutions lineup.
 StreamGenie Presenter(TM) enables synchronized, rich media presentations for
 corporate, ISP and e-learning markets, including Microsoft PowerPoint(R)
 integration. Through a development, marketing and distribution alliance with
 sofTV.net of Ottawa, Canada, the combined solution unleashes the power of
 broadband communications, allowing corporations to communicate to their
 employees, channel partners and customers on a regular basis -- without
 stepping foot on an airplane.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20001027/PCLELOGO )
     "We worked closely with Pinnacle Systems to tightly integrate sofTV.net
 technology into Pinnacle Systems' award-winning StreamGenie portable
 webcaster," said Dale Gantous, CEO of sofTV.net. "The combined solution allows
 anyone doing live or on-demand webcasts to harness the power of interactive
 rich media, supporting both Microsoft and Real formats simultaneously -- as
 well as Internet Explorer and Netscape browsers."
     This broad alliance provides Pinnacle Systems with worldwide
 manufacturing, licensing and distribution rights to sofTV.net's line of rich
 media development tools. The product suite simplifies authoring of streaming
 media web sites with interactive content synchronized to the video stream, and
 requires no programming or plug-ins.
     "StreamGenie Presenter significantly broadens our streaming business,"
 said Greg Lowitz, general manager of webcasting solutions for
 Pinnacle Systems. "Now, electronic business communications for promotional,
 informational and motivational messaging can be as compelling as 'being there'
 -- significantly boosting communications efficiencies while reducing travel
 costs."
 
     Price and Availability
     Effective June 1, 2001, the U.S. List Price for StreamGenie Presenter will
 be $19,995 and $24,995 for the single and dual CPU models, respectively. All
 registered StreamGenies ordered after March 15, 2001 are eligible for an
 upgrade to the StreamGenie Presenter software for $1,000, which is expected to
 ship in early summer. All customers who purchased StreamGenie prior to
 March 15, 2001 can upgrade to StreamGenie Presenter for $1,995. An optional
 "rich media template authoring upgrade" compatible with leading web-page
 development tools, called sofTV.Author, is $2,495.
     For non-StreamGenie users, a stand-alone bundled version of the presenter
 and authoring software is available for $4,995 and is compatible with most
 streaming cards and encoders, including StreamFactory.
 
     About sofTV.net
     sofTV.net Inc. is a leader in the emerging webcasting market, providing
 streaming media authoring and Web page synchronization software. sofTV.net
 exploits rich media to revolutionize Internet broadcasting, e-commerce,
 corporate presentations and e-learning, helping customers reduce costs and
 generate revenue online. sofTV.net may be reached at 919-387-6781, via email
 at press@softv.net or at www.softv.net.
 
     About Pinnacle Systems
     Pinnacle Systems' streaming, broadcast, and consumer products provide
 video professionals and consumers cutting-edge digital video tools to create,
 store, distribute and view web enabled digital video easier and more
 affordably than ever before. Pinnacle Systems may be reached at 650-526-1600
 or at www.pinnaclesys.com.
 
     NOTE:  All trademarks and registered trademarks are the property of their
 owners and are used for identification or reference purposes only, with no
 intent to infringe on copyrights.
 
 

SOURCE Pinnacle Systems, Inc.
    MOUNTAIN VIEW, Calif., April 12 /PRNewswire/ --
 Pinnacle Systems, Inc. (Nasdaq:   PCLE), a leader in streaming media solutions,
 today announced a major addition to its webcasting solutions lineup.
 StreamGenie Presenter(TM) enables synchronized, rich media presentations for
 corporate, ISP and e-learning markets, including Microsoft PowerPoint(R)
 integration. Through a development, marketing and distribution alliance with
 sofTV.net of Ottawa, Canada, the combined solution unleashes the power of
 broadband communications, allowing corporations to communicate to their
 employees, channel partners and customers on a regular basis -- without
 stepping foot on an airplane.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20001027/PCLELOGO )
     "We worked closely with Pinnacle Systems to tightly integrate sofTV.net
 technology into Pinnacle Systems' award-winning StreamGenie portable
 webcaster," said Dale Gantous, CEO of sofTV.net. "The combined solution allows
 anyone doing live or on-demand webcasts to harness the power of interactive
 rich media, supporting both Microsoft and Real formats simultaneously -- as
 well as Internet Explorer and Netscape browsers."
     This broad alliance provides Pinnacle Systems with worldwide
 manufacturing, licensing and distribution rights to sofTV.net's line of rich
 media development tools. The product suite simplifies authoring of streaming
 media web sites with interactive content synchronized to the video stream, and
 requires no programming or plug-ins.
     "StreamGenie Presenter significantly broadens our streaming business,"
 said Greg Lowitz, general manager of webcasting solutions for
 Pinnacle Systems. "Now, electronic business communications for promotional,
 informational and motivational messaging can be as compelling as 'being there'
 -- significantly boosting communications efficiencies while reducing travel
 costs."
 
     Price and Availability
     Effective June 1, 2001, the U.S. List Price for StreamGenie Presenter will
 be $19,995 and $24,995 for the single and dual CPU models, respectively. All
 registered StreamGenies ordered after March 15, 2001 are eligible for an
 upgrade to the StreamGenie Presenter software for $1,000, which is expected to
 ship in early summer. All customers who purchased StreamGenie prior to
 March 15, 2001 can upgrade to StreamGenie Presenter for $1,995. An optional
 "rich media template authoring upgrade" compatible with leading web-page
 development tools, called sofTV.Author, is $2,495.
     For non-StreamGenie users, a stand-alone bundled version of the presenter
 and authoring software is available for $4,995 and is compatible with most
 streaming cards and encoders, including StreamFactory.
 
     About sofTV.net
     sofTV.net Inc. is a leader in the emerging webcasting market, providing
 streaming media authoring and Web page synchronization software. sofTV.net
 exploits rich media to revolutionize Internet broadcasting, e-commerce,
 corporate presentations and e-learning, helping customers reduce costs and
 generate revenue online. sofTV.net may be reached at 919-387-6781, via email
 at press@softv.net or at www.softv.net.
 
     About Pinnacle Systems
     Pinnacle Systems' streaming, broadcast, and consumer products provide
 video professionals and consumers cutting-edge digital video tools to create,
 store, distribute and view web enabled digital video easier and more
 affordably than ever before. Pinnacle Systems may be reached at 650-526-1600
 or at www.pinnaclesys.com.
 
     NOTE:  All trademarks and registered trademarks are the property of their
 owners and are used for identification or reference purposes only, with no
 intent to infringe on copyrights.
 
 SOURCE  Pinnacle Systems, Inc.

RELATED LINKS

http://www.pinnacle.com