Ampex Unit iNEXTV Syndicates Targeted Programming to EWRX Internet Systems Inc.; ClassicCar.com and Motorwrx.com to Feature iNEXTV Original Streaming Video
31 October 2000
Ampex Unit iNEXTV Syndicates Targeted Programming to EWRX Internet Systems Inc.; ClassicCar.com and Motorwrx.com to Feature iNEXTV Original Streaming Video
NEW YORK--Oct. 31, 2000--iNEXTV Corporation, the premier producer and distributor of video for the Internet and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC), today announced it signed a syndication agreement with EWRX Internet Systems Inc. (OTC-BB:EWRX), an industry leader building the first-ever portal for the $24 billion specialty automotive aftermarket.EWRX will present iNEXTV Web-specific content on their sites: ClassicCar.com and Motorwrx.com.
This opportunity with EWRX increases iNEXTV's distribution network and advertising inventory while also providing added-value content and additional revenue opportunities to EWRX's websites and their viewership.
EWRX Internet Systems Inc. will use co-branded programming, which will appear on multiple EWRX websites, from iNEXTV's original library of classic cars videos. ClassicCar.com, the award-winning classic car e-Community, will carry iNEXTV's syndicated "Car-rizzma," beginning October 27.
"Car-rizzma" airs daily Monday through Friday and explores the exciting world of classic cars - their beauty, their extraordinary value and the people who own and drive these road-going treasures. iNEXTV's "The Car Show" will be webcast on Motorwrx.com, EWRX's emerging portal for enthusiasts, also beginning October 27.
"The Car Show," which airs daily Monday through Friday, is viewers' portal into the exciting world of cars - future, present and timeless. Viewers can test-drive a Ferrari, lap Monaco in a Grand-Prix car or talk racing with Grand-Prix immortal Stirling Moss. EWRX's multiple websites can be found at http://www.ewrx.com, http://www.classiccar.com and http://www.motorwrx.com.
"We are pleased to join forces with EWRX to syndicate iNEXTV's superior programming," said Peter Boyd, vice president of business development, iNEXTV Corporation. "By immediately video-enabling EWRX's websites, our programming complements their extensive content, bringing the best of the Internet to users today - sight, sound and motion with in-depth information."
"EWRX is constantly looking for content and commerce relationships that enhance the auto enthusiasts' satisfaction on our e-Communities," said Carl LaFlamme, Director of Marketing of EWRX. "Co-branding iNEXTV's video programming delivers exciting new content for our community members and leverages our presence in the market to deliver incremental revenue via sponsorships, banner advertising, and instream video advertising."
All programming is encoded, hosted and streamed via iNEXTV's custom player window streaming and advertising video interface. The player window utilizes Ampex's proprietary video technology to provide high quality video with multi-level advertising and branding opportunities.
All of the programming is accessible to users of Microsoft Media Player and Real Networks Real Player .
About iNEXTV
iNEXTV Corporation, www.inextv.com, headquartered in New York City, is the premier producer and distributor of video for the Internet, and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). iNEXTV and its affiliates produce original Internet video programming in New York, Los Angeles, Washington, D.C. and Munich, Germany.
Programming categories include entertainment, government, business and lifestyles - showcasing iNEXTV's superior technology with content.
(Minimum requirements to view iNEXTV: RealPlayer(R) software Version 6 and above, available for free download at www.real.com or Microsoft Windows Media Player V6 and above available for free download at http://www.microsoft.com/windows/windowsmedia/en/default.asp and at least a 28Kbps connection to the Internet, but 56Kbps or higher is recommended. If you experience problems downloading the software or viewing site content, please send an email to techsupport@inextv.com.)
About EWRX (pronounced e-works)
EWRX Internet Systems Inc. builds e-Community and e-Business web sites in the $24 billion specialty automotive aftermarket. EWRX is building MotorWRX.com, a comprehensive B2B2C vertical Internet portal to unify this market. EWRX owns the largest classic car and classic truck e-Communities on the Net, and an award-winning racing and performance site, SpeedWRX.com.
This release includes forward-looking statements. Such statements are no guarantee of future performance, and involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including changes in general economic conditions and increased or unexpected competition.
Additional risk factors are described in EWRX's SEC filings. The company does not undertake an obligation to update its forward looking statements to reflect future events or circumstances. This release is not an offer of securities for sale.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated.
Potential risks and uncertainties include, without limitation, risks of continuing losses from future operations, risks affecting the Company's Internet strategy, uncertainty as to the timing or terms of any sale of Data Systems and other risks mentioned in the Company's 1999 Annual Report on Form 10-K filed with the SEC, its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2000 and its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2000.