NewsTakes Inc. of
Burlingame, Calif., has signed a Letter of Intent with AMAC
Corporation, a Division of Matsushita Electric Industrial Co., in a
move that will give its products, such as its latest offerings
Content Adapt™ and Bandwidth Adapt™, exposure to "mature
and Internet data markets throughout the world."
Under the terms of the letter of intent, AMAC will have exclusive distribution
rights to offer and support NewsTakes’ products to the Matsushita
group and to customers in Japan and their overseas affiliates.
In addition, the California-based company announced two new
products, Content Adapt and Bandwidth Adapt, which optimize the
delivery of video and rich content over any network, to any Internet
device, wired or wireless, using any media player software, the
company said.
Both products are ideal for portals, networks, content providers,
and business customers seeking to transform proprietary content into
a compelling and rich user experience. AMAC will be officially
launching the availability of the Content Adapt and Bandwidth Adapt
at its Annual National/Panasonic — Corporate Systems Solution
Division Showcase, next month in Tokyo.
Commenting on NewsTakes’ offerings, AMAC executive vice
president Stan Yamamoto, said, "NewsTakes’ products will
bring dramatic value to the rich media landscape of Japan. Content
Adapt and Bandwidth Adapt will provide seamless, cost-effective ways
for content producers, wireless portals, and private networks to
migrate the risk of content obsolescence in the evolution of the
Japan’s 2G to 3G infrastructures. For Matsushita enterprise
customers, the same rich media unleashes tremendous gains in user
productivity and efficiency."
The senior vice president of business development and marketing
for NewsTakes Steve Rand said, "AMAC’s experience, expertise,
and leadership position is certain to provide NewsTakes with the
best possible channel to this critically important market. Japan is
leading the world in mobile Internet data usage, and it is our hope
that with AMAC Corporation, NewsTakes’ products will bring even
more value to these advance users. "
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