Shareholders Approve Corporate Name
Change to QuesTec.com, Inc. from QuesTec Imaging,
Inc.
Deer
Park, N.Y. Thursday, December 22, 1999 -
QuesTec Imaging, Inc. (NASD-BB: QSTI), announces
that stockholders have approved a proposal to
change the Company's name to QuesTec.com, Inc.
The Company's Board of Directors had recommended
the name change to better reflect QuesTec's
presence as the global leader in real-time sports
telemetry content for todays emerging
digital media.
QuesTec.com is an
international technology-based information
services provider leading the way in providing
unique computer-generated, real-time virtual
replays and in-game digital analysis content for
professional sporting events on television,
during webcasts, for "Interactive
Television" and video games. QuesTecs
patented products use a series of cameras,
computers and sophisticated military-grade
technology to track moving objects (such as balls
or players) and instantly reconstruct digital 3D
images which can be replayed in real-time, viewed
from any angle, compared and analyzed.
QuesTecs products are routinely and
increasingly used during coverage of baseball,
tennis and golf around the world, while
development of new products for other sports
continues. QuesTecs unique digital video
content has been shown and used for analysis
during coverage of such high-profile sporting
events as the World Series, the Major League
Baseball All-Star Game, the French Open, the ATP
World Championships and World Cup Golf.
"With the
integration of our eSportsTM technology with the companys
virtual replay business, our focus has shifted
more towards providing unique and informative
sports content for the convergence of
todays digital media. Our ability to
capture, quantify and transmit live sports action
in real-time over the internet has catapulted our
presence into the forefront of providing global
business-to-business live sports action content.
Our eSports technology allows us to provide
Internet Service and Interactive Television
providers with unique and informative content
that not only attracts viewers, but holds them
with unique live and sticky content of mainstream
sports," said Michael W. Russo, president of
QuesTec.com. "Our market proven ability to
combine real-time sports action through
narrow-band digital streaming with the existing
Internet infrastructure, produces the most
comprehensive coverage of sports available
today."
In the U.S. and
Europe, QuesTec.com will market its unique
businesss to business sports content under the
eReplaysTM (http://www.ereplays.com) brand which was launched
earlier this fall. Internationally, the QuesTec
brand for virtual replays has gained prominence
in Europe through the companys strategic
partnership with Live Motion Company (LMC) of
Wiesbaden, Germany and through QuesTecs
direct marketing efforts in the Far East and
South Africa. The company will continue to be
traded under its current symbol QSTI, on the
OTC:BB.
eReplaysTM add a new dimension to
internet and web-based TV sports coverage by
providing, for the first time, real-time digital
replays of professional sporting events. eReplays
capture, transmit and reconstruct live sports
action to create comprehensive, unique and
informative content. eReplays allow service
providers to differentiate their content
offerings from that of their competition.
eReplays can boost web site traffic by providing
clients with compelling information and a unique
viewing experience. eReplays puts the
"real" back in real-time.
What is an
eReplay? eReplays are the digital capture,
transmission and re-creation of live professional
sporting events, through the use of proprietary
and patented data capture and quantification
technologies owned and operated by QuesTec.com,
Inc. These digital re-creations are available
today for authorized licensed providers.
QuesTecs eSportsTM is the technology behind the
delivery of this real-time digital content.
eSports-enabled applications do not require high
bandwidth connections, unlike many other
multi-media sources. A simple analog dial-up
connection is all that is necessary for a
real-time viewing experience of a professional
sporting event. While others continue to say that
the future of digital sports convergence is
coming, QuesTec delivers it now.
How is it done?
eReplays are created through proprietary tracking
systems developed by QuesTec.com, Inc. and its
partners. These systems instantly analyze the
live game action and convert that action into
encrypted digital data. This digital data is then
delivered to the sports information provider over
the Internet by QuesTec's eSportsTM technology. The
information is then used for the re-creation of
live game action on your home computer or
web-based TV. All this takes place in seconds. In
fact, eReplays often arrive on home computers as
quickly or faster than the live production
appears on your TV.
eSportsTM and eReplaysTM are registered trademarks
of QuesTec.com, Inc.
For more information on QuesTec Imaging, Inc.
contact Michael Russo at (516) 243-1880 or visit http://www.questec.com.
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