BitPass Teams With Content Delivery Networks Abacast and Fast-Serv Technologies

BitPass Teams With Content Delivery Networks Abacast and Fast-Serv Technologies

Content Providers Gain Distribution Infrastructure, Revenue Models for Premium Streaming Content

MENLO PARK, Calif., May 10 /PRNewswire/ -- BitPass, Inc., the commerce platform for digital content and services, announced partnerships with Abacast, Inc. and Fast-Serv Technologies under which BitPass will integrate its payment system with the streaming infrastructure of the content delivery networks (CDNs) to facilitate the distribution of premium streaming content.

The rising demand for music, video, games and other premium content coupled with the significant bandwidth costs tied to fulfilling that demand have created a pressing financial challenge for content providers. BitPass' partnerships with CDNs put in place a turnkey solution that can be deployed in as little as a day with no upfront cost and no monthly minimum fees, enabling content providers to quickly introduce a-la-carte and subscription pricing to the rich-media, video and audio content that consumers increasingly seek.

"We're excited about our partnership with BitPass because it gives content creators a great deal of control over pricing and distribution of their content without excessive streaming costs," said Michael King, Vice President of Marketing, Abacast.

"Fast-Serv brings a highly scalable and redundant network of streaming appliances for uninterrupted service and BitPass is the first name in content-driven commerce," said Randy McAnally, President and CEO, Fast-Serv. "Our partnership tilts the economics more in favor of content providers seeking secure, subscription-based streaming while integrating seamlessly with our existing technologies."

"BitPass has the only payment system that supports multiple price points for streaming media and enables immediate access to that content for a seamless user experience," said Kurt Huang, Vice President of Products, BitPass. "By integrating with CDNs like Abacast and Fast-Serv, we expand the footprint that was established with Bean-Net/EGI Hosting and make it financially attractive for content providers to offer engaging streaming content that consumers will willingly pay for."

About Abacast

Abacast, Inc. provides a full range of streaming technology and services on their Tier-one infrastructure, with the highest quality support, at the absolute lowest prices in the industry. Abacast's unique difference lies in its proprietary live streaming technology that allows for the highest quality live stream at the lowest prices. This competitive advantage allows Abacast to price all of its streaming products more affordably and add in the extras at no charge. Each streaming package includes complete end-users statistics, full end-user support, around-the-clock 24 X 7 premier customer support, real-time audience count and duration, and all the most popular streaming formats. For more information, visit www.abacast.com.

About Fast-Serv Technologies

Founded in April 2003, the Fast-Serv CDN has grown to serving more than 500 live and on-demand media streams to clients in over 13 countries. Fast-Serv specializes in providing low cost, highly available Windows Media, SHOUTcast and other streaming solutions, saving many up to 75% in recurring bandwidth costs over mainstream CDNs. Large bandwidth commitments with multiple Tier-one transit carriers ensure optimal delivery of streaming content to any location on the Internet, while at the same time lowering recurring bandwidth costs significantly. For more information, visit www.fast-serv.com.

About BitPass

BitPass was founded in December 2002 to address the growing demand among digital content providers to efficiently monetize their online offerings through a-la-carte and subscription-based payment models. Since the company's production release of its service in December 2003, BitPass has signed more than 2,500 vendors of videos, streaming music, photos, news, patents and other content and services. The company has received venture funding from Worldview Technology Partners, Steamboat Ventures, RRE Ventures, First Data Corp., Garage Technology Ventures, Cardinal Venture Capital, Amicus Capital and others. For more information, visit www.bitpass.com.

Source: BitPass, Inc.

CONTACT: Johnny Wong of BitPass, Inc., +1-650-291-2440, or
johnny@bitpass.com

Web site: http://www.bitpass.com/

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