Onstream Media Corporation (ONSM) a leading online service provider of live and on-demand digital media communications, announced the following recent developments:
1) Webinar Service – The Company has completed the development of their new lead generation webinar service. As an enhancement to their existing Visual Webcaster platform, this new service will provide a means to hold a virtual seminar on-line in real time.
2) Quickcast- Onstream is currently beta-testing this product and will release this product to the general market shortly. In particular, this product will enable users to self-deploy dynamic PowerPoint presentations online, equipped with uploading, viewing, editing, storage, and customization features.
3) Webcasting Platform – Onstream has also completed additional enhancements to their proprietary webcasting software platform. As a result, the company is now developing several additional upgrades that include a Flash based player, embedded Flash video and animations, rapid CD-ROM creation, storage and search of webcasts in the Digital Media Services Platform (DMSP) and both audio and video editing capabilities.
4) Encoding Group Expansion – The Company has made significant encoding system hardware and software upgrades, increasing their San Francisco facility by approximately 2,400 square feet.
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