USVO Appoints Investor Relations Agent
Vancouver, BC (PRWEB via PR Web
Direct) August 30, 2005 -- USA Video Interactive Corp. (OTCBB: USVO; TSX:
US; BSE/Frankfurt: USF), is pleased to announce that it has appointed Blue-Sky
Solutions, LLC as its investor relations agent for North
America.
Blue-Sky will help in communicating to the investor community
the company's position on the potential market for MediaSentinel and the
proceedings on the appeal process with our VOD patent. They will communicate
with investors, prospective investors, and members of the professional
investment community, assist with the creation of written materials, provide
counsel to the company with respect to investor relations initiatives, and work
to achieve a greater level of corporate transparency and public
awareness.
Significant and ongoing developments within USVO have made the
implementation of a comprehensive communications plan essential for the company.
"Our number one priority now, as it always has been, is simple – to maximize
shareholder value," says Edwin Molina, USVO President and CEO. "The experience
and range of investor relations solutions provided by Blue-Sky will go a long
way to help achieve that goal."
"It is my privilege to work with Mr.
Molina and the rest of the USVO team. Their leadership team and technology
presents an exciting opportunity for us. We look forward to communicating their
message and assisting in shareholder outreach," said Stephanie Soleas, IR Rep,
Blue-Sky Solutions, LLC.
In consideration of Blue-Sky's services, USVO
will pay a monthly fee of $4,000 US per month during the six month contract.
About Blue-Sky Solutions, LLC:
Blue-Sky Solutions, LLC is a
traditional boutique investor relations firm based in Annapolis, MD. Their
expertise is in the representation of emerging public companies to the
individual and professional investment communities. Blue-Sky assists with the
creation of written corporate materials, composes media submissions, helps
expose its clients to the investment community, serves as corporate liaison to
shareholders and inquirers, and offers strategic assistance and consulting in a
number of practice areas.
About USVO:
USVO is a developer and supplier
of Internet media delivery services, systems, and innovative end-to-end
solutions. USVO developed its MediaSentinel digital watermarking technology and
its StreamHQ architecture to provide a wide range of business customers with
value-added media delivery services. USVO holds the pioneering patent for
store-and-forward video, filed in 1990 and issued by the United States Patent
and Trademark Office on July 14, 1992; it has been cited by at least 165 other
patents. USVO holds similar patents in Germany, Canada, England, France, Spain,
Italy and Japan. For more information, visit www.usvo.com.
On behalf of the Board of Directors
of
USA Video Interactive Corp.
"Anton J. Drescher,"
Corporate
Secretary
USA Video Interactive Corporate Headquarters Office: 83 Halls
Road, Old Lyme, Connecticut, 06371 Telephone (860) 434 - 5535
Facsimile
(860) 434 - 5782; Canada Office: 507 – 837 West Hastings Street, Vancouver, BC
V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture
Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF.
CUSIP 902924208. For more information contact (860) 434 – 5535, Extension 125;
e-mail protected from spam bots
The press release may contain
forward-looking statements. Actual results may differ materially from those
projected in any forward-looking statements. Investors are cautioned that such
forward-looking statements involve risk and uncertainties, which may cause
actual results to differ from those described.
The TSX Venture Exchange
(TSX) has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
For Investor Relations:
Blue-Sky Solutions,
LLC
Stephanie Soleas
(877)4-BLUE-IR
Contact:
USA Video
Interactive Corp.
Phone: 860 434 5535 - Ext 125
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Source : http://www.prweb.com/releases/2005/8/prweb278850.htm