Fantastic Expands Product Line with Purchase of StarBurst OmniCast from Adero, Inc. Fantastic kauft StarBurst OmniCast Softwarelizenz von Adero
Establishes Fantastic as leader in corporate data distribution market with extensive customer base and proven technology
Zug (Switzerland), 08 June, 2001 - The Fantastic Corporation, a leading provider of software solutions for data broadcasting, today announced that it will significantly expand its product offerings for corporate data distribution software with the purchase of StarBurst software technology from Adero, Inc., a leading provider of content distribution services for e-business. The StarBurst OmniCast and Autosync technologies are highly complementary to current Fantastic products and bring new capabilities such as support for both multicast and non-multicast enabled networks.
"The purchase of StarBurst software allows us to quickly strengthen our data delivery offerings in the enterprise segment, leading to new revenue streams and rapid return on investment," said Reto Braun, Chairman and CEO of Fantastic. "Thanks to the close fit with our existing products, Fantastic and its worldwide partners will be able to offer solutions based on StarBurst software to customers almost immediately." Adero acquired StarBurst software in March 2000 and embedded the software into its GlobalWise Network for content distribution. Fantastic will obtain the StarBurst software, associated technology patents, and customer base from Adero. "Over the past year, OmniCast has successfully allowed us to offer new content delivery services to our customers," said Adero CEO Jonathan Crane. "With its emphasis on software development in this segment, the Fantastic Corporation is well positioned to provide the StarBurst customer base with long-term support and new and exciting content distribution solutions."
Within the Fantastic product set, OmniCast meets the market demand for robust, easy-to-use software for reliably delivering files simultaneously across multiple networks, primarily in corporate environments to hundreds of locations.
In addition, the Fantastic Channel Management Center? provides extended features such as streaming video, subscription and bandwidth management, and scalability to millions of consumers in a data-broadcasting environment. The full range of Fantastic software solutions including OmniCast will be offered through Fantastic's direct channels and through its resellers.
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