Opticality Ventures
Powered by Zope

ARC Systems
Javelin Technologies
Red Oak
Zero G
Zope Corporation

About Us
Executive Summary

Macrovision Acquires Zero G Software!
CNHI Selects Zope4Media
Sophos Acquires ActiveState!


Tuesday September 26, 9:11 am Eastern Time

Press Release

iClips Strikes Partnership With theglobe.com

No. 1 Community Network Teams Up With Leading Streaming Video Provider to Enhance Its Offerings to Members

NEW YORK--(BUSINESS WIRE)--Sept. 26, 2000--iClips, Inc. (www.iclips.com), the leading provider of free Internet-based streaming video messaging, today announced a partnership with theglobe.com (Nasdaq: TGLO - news), (www.theglobe.com), one of the world's leading community networks and providers of community services.

iClips' streaming video communications tools and applications will be fully integrated and promoted throughout theglobe.com's flagship Web site (www.theglobe.com) and its two community products, uPublish! and globeclubs. By using a PC camera or camcorder, theglobe.com's users will now be able to add personal videos to their uPublish! homepages and globeclubs. uPublish! enables Web users to easily create and publish high-quality, multi-page Web sites, without having to learn technical computer languages or graphic design. globeclubs offers users a fun club environment where they can share their passions and interest with other users online.

theglobe.com's users will have access to iClips full suite of tools, including iClips Producer, the easiest way to capture, encode and share streaming video files. In addition, all theglobe.com's members will be provided with 20 MB of free space to store their streaming video messages and have access to a full account management system to administer their files.

``We're thrilled that theglobe.com has selected our streaming video messaging services,'' said Michael Diamant, CEO of iClips. ``This distribution partnership exemplifies how iClips' license-free products integrate seamlessly into a partner site to build further value to a community site and its users. theglobe.com's millions of users will now have access to the easiest, most powerful streaming video service available, greatly enhancing their community activities on the site.''

``Our partnership with iClips will provide our members with the opportunity to utilize streaming video -- one of the most exciting new tools the Internet has to offer,'' said Ira Silverstein, Director of Business Development. ``theglobe.com is always looking for ways to improve the capabilities we offer to our users, to further their experience in our community environment.''

About iClips

iClips mission is to empower every Web user to create, publish and share streaming video messages. iClips provides distribution partner Web sites and end-users with a limited free license to the company's proprietary tools that provide fast and easy solutions for replacing text with streaming video. Internet veteran Michael Diamant, founder and CEO, started iClips, a privately held corporation headquartered in New York, in October 1999. iClips was selected by Silicon Alley Reporter as one of 12 Companies to Watch in 2000. For more information, visit http://www.iclips.com.

About theglobe.com Network

theglobe.com is a network of communities that specializes in bringing people together around shared topics of interest. The Company delivers ``community'' through customized community solutions to major web properties with our best of breed community products (e-mail clubs and web site building tools). The Company also owns the highly targeted leading games information community, games.theglobe.com, comprised of Happy Puppy, Kids Domain, Games Domain, Console Domain, Chips & Bits (e-commerce site), Computer Games Online and Computer Games Magazine. theglobe.com distributes community services and games content to RollingStone.com, CBS Sportsline.com, Time Warner's Road Runner, Deja.com, Alloy.com, AOL UK, Excite UK, Electronics Boutique UK, Netscape UK, DirectHit.com, OneMain.com and others. Advertisers include Disney, Sesame Street, Polaroid, Hewlett Packard, Oxy, Sega USA, Nintendo, Fox, Intel, Office Max and Sprint.

     RLM Public Relations, New York
     Joe Edelson, 212/741-5106, x16

Portfolio Companies | About Us | Home