NASCAR (DAYTONA, FLA.) - Series announces NASCAR Cam HD In Race Shops
Chip Ganassi Racing With Felix Sabates Becomes First Team To Use Glowpoint’s ‘HD Over IP’
Furthering its commitment to provide the closest access to its competitors and officials while making the sport easier for media to cover, the National Association for Stock Car Auto Racing (NASCAR) today announced an initiative to put NASCAR Cam HD™ – a state-of-the-art HD video communications tool – into race shops to deliver off-track news content to the media nationwide.
Chip Ganassi Racing with Felix Sabates was the first team to adopt the new technology. NASCAR Cam HD™ debuted on Jan 22 with a streaming video interview with driver Dario Franchitti that fans can see on various internet news sites (click here to view an example of the streaming video (http://sports-ak.espn.go.com/rpm/seriesIndex?seriesId=2).
Earlier this year, NASCAR became the first major professional sport to adopt two-way HD video-over-IP, when it signed a multi-year agreement with Glowpoint, Inc. (OTC:GLOW), a leading broadcast-quality, IP-based managed video service provider, to provide a fully-managed service for delivering two-way High Definition (HD) video interviews over Glowpoint’s dedicated IP Network. Glowpoint has been providing its IP-based NASCAR Cam HD™ broadcast solution to several NASCAR industry locations.
“I think this is a great opportunity for both our team and all of our partners,” said John Olguin, vice president of communications for Chip Ganassi Racing with Felix Sabates. “We are in a constant mode of trying to find the latest technology in order to better tell our teams’ and our sponsors’ stories. This gives us the opportunity to get our drivers, teams and sponsors in front of a number of additional media outlets – anywhere in the country – right from our race shop.”
The multi-year agreement with Glowpoint includes service to NASCAR Media Group’s production facilities in Charlotte, N.C., the NASCAR Research & Development Center in Concord, N.C., and other key NASCAR industry locations in North Carolina. Additionally, service will be provided to NASCAR’s main headquarters in Daytona Beach, Fla. NASCAR Cam HD™ will provide the NASCAR industry with the ability to acquire content such as driver interviews in between races, and then distribute that content to key media outlets for television broadcast via Glowpoint or traditional satellite feeds.
“NASCAR believes in using the latest technology to enhance our viewership and public awareness. We have been setting up the infrastructure to work with NASCAR Cam HD™, and it is great to see Chip Ganassi Racing with Felix Sabates embrace this terrific new tool,” said Jay Abraham, chief operating officer, NASCAR Media Group. “We have been talking with other teams and believe they will soon want to have NASCAR Cam HD™ in their shops to generate more exposure for drivers, teams and their sponsors.”
Glowpoint CEO Michael Brandofino added, “NASCAR drivers are so used to working with the latest technology. It is gratifying to see them adopt Glowpoint as a valuable tool. We look forward to this program expanding to more teams and their sponsors as well.”
Glowpoint provides IP-based broadcast solutions for national networks and cable TV providers, featuring always-on exclusive video network connectivity that reduces transport costs by up to 80 percent as compared to traditional satellite feeds. This solution encompasses Glowpoint’s fully-managed video service including NASCAR Cam HD™, which combines HD video and audio components into one fully-integrated solution.
About NASCAR Media Group NASCAR Media Group is a marketing and entertainment company that creates and produces shoulder programming related to the sport, manages its media partnerships, and forges relationships to integrate the sport into mainstream entertainment. As the internal production and creative services company of NASCAR, NASCAR Media Group is the exclusive rights holder of NASCAR event footage. The Group leverages The Sight, Sound and Emotion of NASCAR® through TV and film production, home video, licensed consumer products and premiums for the sports’ sponsors, tracks, teams and fans. In 2007, NASCAR Media Group teamed with CMT Films to produce critically-acclaimed DALE, the first authorized documentary about the late racing icon Dale Earnhardt. After a unique theatrical rollout, DALE aired on CMT and was recently released on DVD. To learn more, visit www.nascarimages.com.
About Glowpoint Glowpoint, Inc. (OTC:GLOW) is a premiere, broadcast-quality, IP-based managed video service provider. Glowpoint offers videoconferencing, bridging, technology hosting, and IP-broadcasting services to a vast array of companies, from large Fortune 100 enterprises to small and medium-sized businesses. Glowpoint’s managed-video services are available bundled with Glowpoint’s quality-network offering or as a value-added managed-video service across other networks. Glowpoint is exclusively focused on quality two-way video communications and has been supporting millions of video calls since its launch in 2000. Glowpoint is headquartered in Hillside, N.J.. To learn more about Glowpoint, visit www.glowpoint.com.
About Chip Ganassi Racing Teams, Inc With 13 wins already in 2007, including the company’s best stretch in history with six victories in 30 days, CGR continues to add to its tally of 89 trips to victory lane. Chip Ganassi created his own one-car IndyCar team in 1990 and established a partnership with a new sponsor, Target. Today, his teams include two IRL IndyCars, one Indy Pro Series car and, along with Felix Sabates, he has three cars in the NASCAR Sprint Cup Series, two entries in the NASCAR Nationwide Series, and two Daytona Prototypes in the world of Grand American Rolex Sports Car Series racing. Ganassi’s IndyCar teams have amassed five championships and 56 wins since 1994; his NASCAR teams have 12 wins and a Rookie-of-the-Year title; and the Grand American team has won two of the last three Rolex Series Daytona Prototype Championships and are the three-time defending champions of the Rolex 24 at Daytona. Chip Ganassi Racing operates out of state-of-the-art race shop facilities in Indianapolis, Ind., and Concord, N.C., with a corporate office in Pittsburgh, Pa.
The statements contained herein, other than historical information, are or may be deemed to be forward-looking statements and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. These factors, risks, and uncertainties include market acceptance and availability of new video communication services; the nonexclusive and terminable-at-will nature of sales agent agreements; rapid technological change affecting demand for our services; competition from other video communications service providers; and the availability of sufficient financial resources to enable us to expand our operations, as well as other risks detailed from time to time in our filings with the Securities and Exchange Commission.