Digital Rapids Chosen by Starwin Media Holdings as Media Content Processing Technology Partner
April 17th, 2006 -Digital Rapids Corporation is pleased to have been chosen to provide media content processing technology to Starwin Media Holdings Inc. (OTC/SWMD), a U.S.-based satellite and IPTV service for the ethnic media market worldwide.
Digital Rapids and Starwin have entered into a partnership agreement under which Digital Rapids will provide hardware and software solutions to support future deployment of media content via satellite and IPTV platforms. The companies are also partnering for product development in support of satellite and IPTV set-top-box distribution, and for marketing of their collaborative efforts. Starwin has recently acquired Strategic Media International (SMI). The acquisition allows Starwin to step directly into the China media sector through an ownership stake in SMI subsidiary Stellar Mega Media, the largest private media corporation in mainland China. Starwin and Digital Rapids will work together to leverage existing brand equity and global market presence to address new opportunities and broaden penetration in the Asia Pacific and worldwide markets. Planned elements of the Starwin & Digital Rapids partnership include:
* Participation in the building of a super head-end, master control studio center in the U.S. and mainland China to produce, process (ingest and encode) and distribute content programming from Asia Pacific countries to the ethnic media market globally.
* Conversion (ingest, encoding and transcoding) of the intended 300 (plus) aggregated channels to be ready for distribution on IPTV and satellite platforms.
* On-going research & development to produce new technology products that meet the requirements of the media entertainment and broadcast industry.
For more information on Digital Rapids products, please visit http://www.digital-rapids.com
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