Shareholders
Approve Corporate Name Change to
QuesTec.com, Inc. from QuesTec
Imaging, Inc.
Deer Park,
N.Y. Thursday, December 22, 1999
- QuesTec Imaging, Inc.
(NASD-BB: QSTI), announces
that stockholders have approved a
proposal to change the Company's
name to QuesTec.com, Inc. The
Company's Board of Directors had
recommended the name change to
better reflect QuesTec's presence
as the global leader in real-time
sports telemetry content for
today’s emerging digital
media.
QuesTec.com is an
international technology-based
information services provider
leading the way in providing
unique computer-generated,
real-time virtual replays and
in-game digital analysis content
for professional sporting events
on television, during webcasts,
for "Interactive
Television" and video games.
QuesTec’s patented products
use a series of cameras,
computers and sophisticated
military-grade technology to
track moving objects (such as
balls or players) and instantly
reconstruct digital 3D images
which can be replayed in
real-time, viewed from any angle,
compared and analyzed.
QuesTec’s products are
routinely and increasingly used
during coverage of baseball,
tennis and golf around the world,
while development of new products
for other sports continues.
QuesTec’s unique digital
video content has been shown and
used for analysis during coverage
of such high-profile sporting
events as the World Series, the
Major League Baseball All-Star
Game, the French Open, the ATP
World Championships and World Cup
Golf.
"With the
integration of our eSportsTM
technology with the
company’s virtual replay
business, our focus has shifted
more towards providing unique and
informative sports content for
the convergence of today’s
digital media. Our ability to
capture, quantify and transmit
live sports action in real-time
over the internet has catapulted
our presence into the forefront
of providing global
business-to-business live sports
action content. Our eSports
technology allows us to provide
Internet Service and Interactive
Television providers with unique
and informative content that not
only attracts viewers, but holds
them with unique live and sticky
content of mainstream
sports," said Michael W.
Russo, president of QuesTec.com.
"Our market proven ability
to combine real-time sports
action through narrow-band
digital streaming with the
existing Internet infrastructure,
produces the most comprehensive
coverage of sports available
today."
In the U.S. and
Europe, QuesTec.com will market
its unique businesss to business
sports content under the eReplaysTM
(http://www.ereplays.com) brand which was
launched earlier this fall.
Internationally, the QuesTec
brand for virtual replays has
gained prominence in Europe
through the company’s
strategic partnership with Live
Motion Company (LMC) of
Wiesbaden, Germany and through
QuesTec’s direct marketing
efforts in the Far East and South
Africa. The company will continue
to be traded under its current
symbol QSTI, on the OTC:BB.
eReplaysTM
add a new dimension to internet
and web-based TV sports coverage
by providing, for the first time,
real-time digital replays of
professional sporting events.
eReplays capture, transmit and
reconstruct live sports action to
create comprehensive, unique and
informative content. eReplays
allow service providers to
differentiate their content
offerings from that of their
competition. eReplays can boost
web site traffic by providing
clients with compelling
information and a unique viewing
experience. eReplays puts the
"real" back in
real-time.
What is an eReplay?
eReplays are the digital capture,
transmission and re-creation of
live professional sporting
events, through the use of
proprietary and patented data
capture and quantification
technologies owned and operated
by QuesTec.com, Inc. These
digital re-creations are
available today for authorized
licensed providers.
QuesTec’s eSportsTM
is the technology behind the
delivery of this real-time
digital content. eSports-enabled
applications do not require high
bandwidth connections, unlike
many other multi-media sources. A
simple analog dial-up connection
is all that is necessary for a
real-time viewing experience of a
professional sporting event.
While others continue to say that
the future of digital sports
convergence is coming, QuesTec
delivers it now.
How is it done?
eReplays are created through
proprietary tracking systems
developed by QuesTec.com, Inc.
and its partners. These systems
instantly analyze the live game
action and convert that action
into encrypted digital data. This
digital data is then delivered to
the sports information provider
over the Internet by QuesTec's
eSportsTM technology.
The information is then used for
the re-creation of live game
action on your home computer or
web-based TV. All this takes
place in seconds. In fact,
eReplays often arrive on home
computers as quickly or faster
than the live production appears
on your TV.
eSportsTM
and eReplaysTM are
registered trademarks of
QuesTec.com, Inc.
###
Investor Relations Contact:
Michael W. Russo, President (631)
243-1880 or invest@questec.com
For more information on
eReplays(TM) please visit
http://www.eReplays.com. Press releases and
other Questec.com information are
available on their web site: http://www.questec.com/.
###
This news release was prepared by
management and they accept
responsibility for
its contents and forward looking
statements. Michael Russo -
President
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