ESPRE Solutions and Worldwide Media Corp. Sign Partnership Agreement for VUELive Services
ESPRE Solutions, Inc.
PLANO, TX--(Marketwire - July 29, 2008) - ESPRE Solutions, Inc. (OTCBB: EPRT), a video media services company and owner of VUELive, a web-based video distribution platform, announced today that it has signed a partnership agreement with Worldwide Media Corporation. The ESPRE/Worldwide Media Corp. agreement will allow ESPRE to take advantage of WMC's tremendous reputation in the sport of golf worldwide, including its distribution channels, which include the biggest and most recognized outlets in the world. It will also allow WMC to introduce VUELive services using ESPRE technology to a global audience, which will greatly enhance the quality of its programming and demonstrate the leading-edge quality of ESPRE's exclusive technology.
"We are excited with our partnership with ESPRE," said Tom Auclair, WMC's President, and CEO. "We were sold on the technology the instant we saw it for the first time, and from there, working with Pete Ianace and his team was an act of discovery and accomplishment. We're pleased to be with ESPRE as they introduce their revolutionary technology to the markets we serve, and we're excited about the future, about being able to offer ESPRE technology to a wide spectrum of clients of wide diversity and needs.
Mr. Auclair continues, "As innovators, we recognize the uniqueness of ESPRE technology, and we're committed to introducing it to as many companies as possible, and as soon as possible. ESPRE is ahead of the cutting edge and we're convinced that before very long, with ESPRE technology, the Internet will become the new, global source of high quality programming. Worldwide Media Corp. is thrilled to be a key part of that future."
Pete Ianace, CEO of ESPRE Solutions, states, "It is a pleasure to be working with someone with Tom Auclair's reputation and credibility in the world of professional golf. Tom has not missed a PGA Tour event in more than nine years. At each event, Tom conducts video interviews with all of the day's leaders. Each interview is exclusive, which makes it extra special for you, the viewer. Rather than watching a scrum interview as you would see on the nightly sporting news, the goal of ITR is to make you feel as if you are sitting down, shooting the breeze with the likes of Tiger Woods, Phil Mickelson, Vijay Singh, Ernie Els and all the players on the PGA Tour. Our joint goal is to leverage the best of our technology to bring Tom's exclusive content to a much broader global audience and offer live interviews and events in the near future. This partnership goes beyond just professional golf and will leverage Tom's standing with major sponsors and media companies as we together introduce new ways to bring interactive sports content to the web."
Highlights of this partnership agreement include the sharing of revenue generated from the delivery of not only golf, but other professional sports content. It also contains provisions that benefit both WMC and ESPRE should one of WMC's current distribution partners choose to use ESPRE technology for news coverage that goes beyond the sports world.
About ESPRE Solutions, Inc.:
Plano, Texas-based ESPRE Solutions is a public company (OTCBB: EPRT) that is reinventing how enterprises work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions harnesses the power of collaboration with a suite of services, VUELive, a web-based video distribution platform, to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. ESPRE's services are powered by its revolutionary video encoding and decoding (codec) services provided by the patented wavelet based Lightning Strike LSVX™ Codec. ESPRE's business strategy focuses on building strong partnerships with companies that define the leading edge of video collaboration. To learn more about the VUELive suite of services and ESPRE Solutions visit www.espresolutions.com.
About Worldwide Media Corp.:
Worldwide Media Corp. (WMC) is a privately held Rhode Island company that has long been recognized as a leader and innovator in its coverage of golf on a worldwide basis. WMC has established many firsts in Internet coverage of golf and has, through its InsideTheRopes.com website, connected browsers from around the world to high quality one-on-one exclusive interviews with players on the biggest stage in the world of professional golf for more than a decade. WMC continues to find unique ways to bring an "inside" look at players to audiences around the world and intends to introduce new ways for fans to interact with players in the very near future. WMC is a highly respected company in newsgathering from golf tournaments and a leading distributor of golf content around the world. To view exclusive content produced by ITR www.insidetheropes.com.
ESPRE Solutions, Inc.