January 12, 2001
Houston Texas-- Infomedia Network and
Tao group have formed a closer relationship to
deliver Infomedia's TVision product for the Java
embedded space. This product will go into production late January,
and will be delivered for beta testing at more than 20 major
corporations. TVision has 15 thousand units that will be
implemented in the first quarter. We are forecasting to
deliver 400 thousand units before the end of Q3.
Francis
Cherig, Chairman of Tao group stated,
"Infomedia Network, has completed its product TVision, it is
without a doubt a first class product.
TVision is the first fully Java embedded
product to be delivered for the
Interactive Television
market. We here at Tao are most excited to see such a product
enter into the market place. TVision will pave the way for
many new and progressive technologies and a host of applications
and content."
JD
Ray , President / COO of Infomedia
stated, "Although we are ready for beta testing TVision, we are
also in negotiation with several major corporations on branding
issues. TVision was developed to be non-exclusive to any
single operating system, and directed to the, Cable, Satellite, and
the Telecommunications companies. Non-exclusivity has been our main
policy for relationships. TVision addresses such areas as,
DSL, VDSL, XDSL, with functionality using blue tooth, other in home
wireless networking applications, and TVision is a computer as
well. Those parameters allow all corporations to take
advantage of such a diversified product. We can not allow any
one company to have exclusivity, thus we are working with several
corporations on non-exclusive arrangements."
Infomedia
Network, Inc. has many surprises for the interactive
arena, yet to be announced. They are planning several major
press releases with a number of major corporations in the very near
future
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