|
CLEAR CHANNEL INTERACTIVE SELECTS EQUILIBRIUM MEDIARICH IMAGING TECHNOLOGY FOR ITS AFFILIATE WEB SITES
San Rafael, Calif. June 4, 2001 - Equilibrium, a leading Internet infrastructure company and majority-owned operating company of CMGI, Inc. (NASDAQ: CMGI), today announced that Clear Channel Interactive, a division of Clear Channel Communications, Inc. (NYSE: CCU), has selected MediaRich to automate the creation and delivery of images to its Internet network, which includes more than 1,000 local entertainment Web sites. MediaRich will streamline Clear Channel Interactive's image production process giving each affiliate radio station the ability to create its own unique web identity on a more frequent basis rather than on a quarterly or semi-annual basis.
MediaRich is a fully automated image production system. MediaRich changes the way image assets are prepared and deployed by having all of the editing, optimization, and delivery occur at the server-level, saving valuable time and labor resources. With the power of MediaRich, Clear Channel Interactive will be able to set up templates to rapidly perform all of the image processing functions normally done off-line by a team of resources. As a result, projects that once took weeks or months can now be accomplished in minutes or days.
"Developing and deploying rich content to America's largest network of local entertainment Web sites can be a daunting task," said Kevin Mayer, CEO of Clear Channel Internet. "Equilibrium MediaRich streamlines our image processing workflow, reducing production expenses and increasing our ability to provide site visitors with a fresh, entertaining online experience."
About Clear Channel Interactive Clear Channel Interactive is America's largest network of local entertainment Web sites. It is a division of Clear Channel Communications Inc., which is headquartered in San Antonio, Texas and is a global leader in the out-of-home advertising industry with radio and television stations, outdoor displays, and entertainment venues in 40 countries around the world. Clear Channel operates approximately 1,170 radio and 17 television stations in the United States and has equity interests in over 240 radio stations internationally. Clear Channel also operates approximately 700,000 outdoor advertising displays, including billboards, street furniture and transit panels across the world. For further information visit www.clearchannel.com.
About Equilibrium Equilibrium develops and markets dynamic imaging technologies that help increase Web site profitability for today's e-businesses. MediaRich is a highly scalable infrastructure solution that automates the production and deployment of media assets to the Web, enabling companies to both reduce production time and expenses and create a more engaging customer experience. Founded in 1990, Equilibrium is a recognized leader in automated graphics processing. Equilibrium is headquartered in Marin County, California and is a majority-owned operating company of CMGI, Inc. For additional information, contact Equilibrium at 415.451.7600 or visit http://www.equilibrium.com
# # #
This release contains forward-looking statements that address a variety of subjects including, for example, the expected benefits, features, functionality and availability of MediaRich and MediaRich Studio Express (together "MediaRich"). The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: the MediaRich technology may not successfully interoperate with the technologies and products of third parties; Equilibrium's growth depends upon continued and increased demand for and market acceptance of its offerings; and increased competition and technological changes in the markets in which Equilibrium competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's Annual Report on Form 10-K for the most recently ended fiscal year.
Press Contact: Equilibrium +1 415.332.4343 pr (at) equilibrium.com
©2004-2006 Automated Media Processing Solutions, Inc. d/b/a Equilibrium. All rights reserved. U.S. Patent Numbers 6,792,575 and 6,964,009 for automated media processing and dynamic on-demand delivery. Equilibrium, MediaRich and DeBabelizer are trademarks of Equilibrium. Equilibrium is the exclusive worldwide provider of MediaRich, MediaRich Merchandizer and MediaRich for SharePoint. All other company, product or service names mentioned herein are trademarks or registered trademarks of their respective owners.
|