UBID SELECTS EQUILIBRIUM MEDIARICH™ TO DYNAMICALLY UPDATE AND DELIVER ALL PRODUCT IMAGES ON AUCTION SITE
Equilibrium MediaRich Image Server to Dynamically Generate, Update and Deliver Millions of Image Views Per Day for uBid's Auction Site
SAN RAFAEL, CA., JANUARY 23, 2002 - Equilibrium, a leading provider of automated imaging solutions and majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI), today announced that uBid, a leading online auction and e-commerce marketplace, has selected MediaRichTM to automate the creation and delivery of all product images for their new site scheduled to go live at the end of January 2002.
"We are implementing Equilibrium MediaRich to dynamically deliver two versions of every single product image on our auction site," said Pablo Ugaz, chief information officer at uBid. "MediaRich will also allow our customers to inspect each product image up-close, which improves the likelihood of a purchase."
MediaRich is server-based imaging software that automates image production and enables the dynamic delivery of images to virtually any output device. With the power of MediaRich, companies are able to set up templates to rapidly perform the gamut of image processing functions normally done off-line by a team of technical resources. MediaRich has the dynamic imaging features such as zoom/pan, colorization, mixing and matching, 360-degree rotations and text overlays. MediaRich streamlines image production workflow, resulting in dramatically reduced costs and faster time-to-market for producing rich visual content.
"Equilibrium is pleased to expand our relationships with uBid and integration partner Tallán," said Ron Wood, vice president of sales and support for Equilibrium. "MediaRich is ideal for automating the image processing and dynamic delivery for uBid's over 12,000 product shots."
About uBid
uBid, a majority-owned operating company of CMGI Inc., is a leading retail auction and e-commerce marketplace that offers consumers and businesses three ways to buy and sell. The company's Internet auctions feature a rotating selection of more than 12,000 products daily in 16 different product categories, providing consumers and small to midsized businesses with the opportunity to purchase a wide range of brand-name merchandise, often at greatly reduced prices, through live-action bidding. Product categories include computers; computer peripherals; computer components; home office; housewares; sports and hobbies; jewelry and gifts; accessories; off-lease computers; consumer electronics; digital cameras and video; apparel and linens; home improvement; travel and events; collectibles; and everything else. In addition to uBid's own auction listings or uBid Direct, uBid features uBid Preferred Partner auctions in which consumers will find products listed by uBid-approved businesses and backed by uBid or brand warranties. Users can also buy or sell products through uBid's Consumer Exchange, in which consumers list their items for auction with no listing fee.
With more than 3 million registered users, uBid is committed to providing its customers with the highest quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid also meets Better Business Bureau Online standards, which gives customers the confidence and security to bid safely online. More information can be found at the company's Web site www.ubid.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 and wireless devices, 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 www.equilibrium.com.
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This release contains forward-looking statements that address a variety of subjects including, for example, the expected benefit of the agreement between Equilibrium and uBid, the features and functionality of MediaRich, and the expected ability of uBid to auction products. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: MediaRich may not successfully interoperate with the technologies and products of uBid or other third parties; Equilibrium's growth depends upon continued and increased demand for and market acceptance of its offerings; uBid's success depends on the continued and increased acceptance of its website and the Internet as a medium; consumer preferences for the products offered by uBid may change rapidly; and increased competition and technological changes in the markets in which Equilibrium and uBid compete. 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 most recent Quarterly Report on Form 10-Q.
Press Contact:
Equilibrium
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©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. |
