The new joint offering combines Entriq's rights-management and commerce solutions with the VeriSign® Intelligent Content Delivery Network (CDN) to offer media companies a comprehensive and cost effective solution for managing, monetizing, and delivering their media assets online. Entriq's services include customer care, billing, content geographic controls, download controls and support for a wide variety of business models. VeriSign's Intelligent CDN, introduced in December 2006, is a market leader in delivering high-quality video over the Internet in a secure, scalable manner utilizing patented peer-assisted technology.
The combined solution offers media and entertainment companies a variety of delivery options for monetizing their valuable media assets, including streaming, download and progressive download, with the additional advantage of leveraging secure and legitimate peer to peer when delivery speed and cost advantages are critical business drivers.
"The market for online video is growing at an explosive pace, but we keep hearing customers ask for less complex ways to publish and distribute content online," said Jeff Richards, vice president and general manager of Broadband Content Services for VeriSign. "The combination of the VeriSign and Entriq solutions takes the complexity out of this equation. The Entriq/VeriSign offering utilizes two of the market's leading content platforms to enable the broadest range of market participants -- from large media networks to small startups -- to deliver and monetize video online."
Entriq COO Scott Crowder said: "Posting Internet video is relatively simple, as anyone who has visited YouTube knows, but delivering high-quality video cost effectively -- and then verifying that the digital rights of the publisher are protected and enforced while also offering customers excellent customer care -- is another story. By integrating Entriq's pay media solution with VeriSign's Intelligent CDN we're providing entertainment and media businesses of all sizes a chance to build scaleable new media business. We've made it easy and affordable to produce and generate revenue from high-quality Internet video."
According to analyst firm eMarketer, Internet video is exploding. In the United States alone, the Internet video audience will grow 45.8 percent from 107.7 million in 2006 to 157 million by 2010.
The VeriSign Intelligent CDN combines the attributes of a traditional CDN with the efficiencies of peer-to-peer technology as an end-to-end managed service. The scale of VeriSign's global intelligent infrastructure, combined with the patented and proven Kontiki peer-to-peer technology, enables media and entertainment companies to offer a superior download experience for end users.
Entriq is also launching the 3.6 version of the Entriq Download Manager which along with incorporating the Verisign Intelligent CDN components has been upgraded to include:
-- Transfer to PlaysForSure Devices -- Entriq Download Manager supports discovery of devices attached to the PC through USB ports. It also supports transfer of appropriate media and licenses to a PlaysForSure device. -- Configurable Delay in Auto-Deletion -- customers can now determine the interval for auto-deletion of the media file.About VeriSign
VeriSign, Inc. (
About Entriq, Inc.
With over 20 years of pay media experience, Entriq, Inc. powers new media
business models by providing solutions for protecting, selling and
delivering content to broadband, mobile and IPTV connected devices
worldwide. Entriq gives content and service providers the tools needed to
manage and protect valuable media assets they wish to track and/or sell.
Entriq clients include some of the largest companies in the pay media
industry, including MTV Networks, World Wrestling Entertainment (WWE), NBC
Universal, Viacom, Major League Baseball, UEFA, Channel 4 (U.K.), BT Media
and Broadcast, and Intel. Entriq is based in San Diego, Calif., and has
offices in the U.K., France, China, the Netherlands, Germany and Australia.
Entriq is a division of MIH Ltd., a wholly owned subsidiary of Naspers
VeriSign, Kontiki and other trademarks, service marks, and logos are registered or unregistered marks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners. Copyright © 2007 VeriSign, Inc. All rights reserved.
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign Intelligent Content Delivery Network; the possibility that this service may not result in additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2005 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.