SOURCE: USA Video Interactive Corp.

April 28, 2008 09:00 ET

USVO Co-Sponsors 12th Annual Gilder/Forbes Telecosm Conference, Telecosm 2008: The Exaflood

NIANTIC, CT--(Marketwire - April 28, 2008) - USA Video Interactive Corp. (OTCBB: USVO) (TSX: US) (BERLIN: USF) (FRANKFURT: USF) co-sponsors the 12th Annual Gilder/Forbes Telecosm Conference, Telecosm 2008: The Exaflood, taking place May 27 - May 29, 2008 at The Sagamore Resort in Lake George, New York. Event hosts George Gilder, Steve Forbes, and Forbes publisher, Rich Karlgaard, will be joined by the world's leading scientists, engineers, technology executives, entrepreneurs and public policy decision makers to promote investment in innovation.

For three days, Telecosm 2008 hosts, speakers and attendees will debate, discuss, decode and decipher the digital and communications technologies and policies vital to the build-out of the global Internet infrastructure, the next phase of which is estimated to entail total new investments of some $137 billion worldwide by 2010. The conference will be attended by 250-300 senior VP and C-level executives, engineers, strategists, technologists, sales representatives, serial entrepreneurs and government representatives, as well as business leaders from technology and communications companies, institutional investment advisors, and high-net-worth private investors, accompanied by media and trade press and leading public policy officials.

"The Gilder/Forbes Telecosm Conference is the high point of our year, when our favored technologies face intense scrutiny, new potential investment opportunities are analyzed, and the major issues confronting the tech industry are rigorously debated. USVO is a valuable addition to the Telecosm 2008 program," stated George Gilder, Chairman of Gilder Publishing, LLC.

"This event gives USVO the opportunity to share the scientific research and development of our content protection technology, which can help advance the speed to market for rich media," said Tom Perovic, Chief Engineer of USVO. "We know that a trust based enforcement strategy is the right approach to security in the exaflood, enabling more prosperity from technology."

About Gilder/Forbes Telecosm:

For twelve years, the Gilder/Forbes Telecosm Conference -- the world-famous technology conference hosted annually by George Gilder and Steve Forbes -- has been recognized as one of the most prestigious venues in the world for breaking information on breakthrough technologies and forward-thinking companies and investment strategies. It is an exclusive gathering of engineers, entrepreneurs, investors, public policy decision makers, and the top thought leaders and business executives from the world's leading technology and communications companies. Website: http://www.telecosmconference.com/

For further information about the market USVO is focused on with its anti-piracy products, please go to: http://blog.usvo.com/.

About USVO:

USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort™, MediaSentinel™ and SmartMark™ digital watermarking products and technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com.

USA Video Interactive Corporate Headquarters Office: 8 West Main Street, Niantic, Connecticut, 06357 Telephone (860) 739 - 8030 Facsimile (860) 739 - 8070; Canada Office: 507 - 837 West Hastings Street, Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP 902924208. For more information contact (860) 739 - 8030 or contact@usvo.com.

The press release may contain forward-looking statements. Actual results may differ materially from those projected in any forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which may cause actual results to differ from those described.

MediaEscort, MediaSentinel and SmartMark are trademarks of USA Video Interactive Corp. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • For Investor Relations Contact:
    (860) 739 - 8030