July 8, 2009 (Mt. Laurel, NJ) – TelVue Corporation (OTC.BB: TEVE) announced today that it will leverage Akamai’s Media Delivery solutions to support live and video-on-demand streaming for the latest release of TelVue’s PEG.TV™ product. Akamai (NASDAQ: AKAM) is the leader in powering rich media, dynamic transactions and enterprise applications online, with more than 48,000 servers in 70 countries. The expanded use of Akamai’s services will enable TelVue customers to benefit from superior quality live and VoD Flash video services scalable to a virtually unlimited number of simultaneous web viewers.
About TelVue Corporation TelVue Corporation is a broadcast technology company that helps hyperlocal television channels achieve professional results at affordable prices. TelVue achieves these results by using our proprietary digital media software and today’s open technologies to simplify professional broadcast equipment and workflow. As a result, our customers benefit from improved programming, reduced costs and are better positioned to meet the new challenges of a rapidly changing industry. For more information on TelVue products and services, please visit http://www.telvue.com. TelVue Corporation is a public company trading on the OTC Bulletin Board as TEVE.OB. Cable television pioneer and philanthropist H.F. "Gerry" Lenfest is chairman of the company’s board of directors. The Akamai Difference Akamai
PEG.TV™
is TelVue’s Internet based Flash Media Video-on-Demand and Live Streaming Video service developed specifically for Community and Hyperlocal broadcasters. According to TelVue, the PEG.TV™ service enables organizations to easily add important video programming, such as meetings, events, sports and information to their website without additional investment in technology and infrastructure. PEG.TV™ provides customers with complete control over how their content will look on the web through a searchable, custom branded Flash Media video player.
Commenting on the Akamai relationship, Paul Andrews, TelVue SVP, Sales & Marketing commented, "Akamai understood our customer’s needs from day one. TelVue’s PEG.TV™ service is a completely turnkey Internet video solution for customers who need to move video to the web quickly. Our customers want to leverage the Internet and not try to master web technology. With the support of Akamai, TelVue’s PEG.TV™ customers know that their content will be reliably available with superior viewing quality everywhere and whenever.
Tim Napoleon, Chief Strategist for Digital Media at Akamai adds, "When TelVue came to us several years ago to discuss PEG.TV™, we recognized they had a clear vision for providing Internet video services to a market segment with a real need. We’re thrilled that Akamai’s service is providing a critical value add for their customers."