NEW YORK, April 13, 2000 (PRIMEZONE) -- Medium4.com(tm) (OTCBB:MDMM), the leading internet broadcaster specializing in the production and aggregation of global streaming media content, and Japan Digital Publishing (JDP) have launched Medium4.com's(tm) first network affiliate, ForeignTVJapan (http://www.ftv.co.jp). The new network affiliate will broadcast from Japan in Japanese and English and features a range of Japanese content channels ranging from news to animation. This is the first of many networks affiliate, channels and superchannels that are planned for launch in the coming year.
The Network is accessible directly from the ForeignTV.com network (http://www.ForeignTV.com) as well as through the Medium4.com homepage.
"We're very excited about the launch of Medium4.com's first network affiliate, ForeignTVJapan. The launch of ForeignTVJapan represents a key step forward in implementing our revenue models," said Jonathan Braun, CEO of Medium4.com. "ForeignTVJapan demonstrates the global application of our InternetOnlyTV programming model and the new value we are able to deliver to our worldwide audience and our advertisers."
The two companies announced their joint venture to create ForeignTVJapan November 1999 and launched the new network affiliate in beta test late in March of 2000.
Medium4.com(tm) spearheaded the design of ForeignTVJapan, while Japan Digital Publishing is supplying the majority of the content, including music and fashion videos, cultural pieces, interviews, and more. "We're delighted to be working with Medium4.com in building ForeignTVJapan as an Industry-leading streaming media destination," said Tadashi Yamaguchi, President, ForeignTVJapan. "As part of the Medium4.com Network, ForeignTVJapan delivers video programming that provides Internet viewers around the world a unique opportunity to experience Japan's culture and lifestyle."
The Medium4.com(tm) name reflects the transformation of the Internet into the fourth medium for television broadcasting -- after over-the-air TV, cable TV and satellite delivery systems. Across the Company's five networks, and over 40 distinct channels, Medium4.com(tm) is the Internet's leader in creating, producing, aggregating and broadcasting rich, in-depth, on-demand video content unavailable on traditional, cable or satellite television. The Medium4.com(tm) (http://www.medium4.com) InternetOnlyTV(tm) networks include StreamingUSA.com(tm) (http://www.streamingusa.com), NicheTV.com(tm) (http://www.nichetv.com), Medium4Music(tm) (http://www.medium4music.com), ForeignTV.com(tm) (http://www.foreigntv.com) and a recently announced Medium4Latino(tm) (http://www.medium4latino.com). Each of these utilizes Medium4's proprietary encoding technology creating a seamless streaming video experience.
Medium4.com's(tm) networks are market leaders in delivering original and aggregated streaming video, on-demand, from across the United States and countries around the world including targeted niche programming, music videos and interviews, city-focused entertainment and information, exclusive features and interviews as well as full-length feature films. The Medium4.com(tm) audience watches at work and at home, it includes businesspeople, business and leisure travelers, music, fashion, film and animal lovers and a growing community of armchair globetrotters seeking on-demand access and engagement with the world's people, places, ideas and cultures.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Medium4.com's business, which are not historical facts, are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the 10-K.