Linius Technologies Limited (ASX: LNU) (Linius) pressed play on its video revolution with the launch of a global demonstration of its transformative Video Virtualization Engine™ (VVE).
In a world first, Linius has indexed and virtualised millions of public videos from Instagram. These virtual videos are available to the world where users can search and edit the video content on the fly. The users can then broadcast their new ‘virtual’ videos.
Linius has undertaken this activity, which it’s calling VVE Play, to raise awareness of and demonstrate the patented Video Virtualization Engine, which it believes has the power to transform many multi-billion dollar video industries.
According to CEO Chris Richardson, “we believe the VVE transforms the world of video, so we thought we would undertake a high profile demonstration of its unique power. To date we have indexed millions of videos and made them available as virtual video files.
“VVE Play is a world’s first and demonstrates the functionality and scalability of our Video Virtualization Engine which we believe can transform our four initial target markets of search, personalized advertising, anti-piracy, and defense. We are aggressively taking our product to market off the back of this global demonstration with targeted sales activity to high potential clients in the US and around the world.“
Linius’ patented Video Virtualization Engine™ converts cumbersome, static legacy video into agile, interactive, virtual video. Creating that virtual video file is like splitting the atom of traditional video, unleashing the many monetization opportunities locked within.
Linius believes the world’s video should be managed with virtual files. With VVE Play, anyone can experience the power of Linius with its underlying 3-step process:
Anyone who wants to play with virtual video can do so at vveplay.com
where they will have access to the rapidly expanding library of virtual content from Instagram, TED talks, and others; as well as the ability to virtualize their own videos.
People who create their own virtual videos are encouraged to submit them by sending a link to Linius at firstname.lastname@example.org. The best submissions will be highlighted by Linius at South-by-Southwest.
Linius Technologies Limited (ASX: LNU) has cracked the code of content intelligence and created the next evolution of video streaming. We transform cumbersome, static video files into agile, dynamic files that can be easily manipulated on the fly, in order to deliver an enhanced, custom experience for both broadcasters and end-users in any way imaginable, and some as yet to be imagined.
This is a new paradigm for video streaming, something we call intelligent content. It’s a solution set to disrupt entire industries that rely upon or leverage video content streaming.
Based in Melbourne, Australia, we seek to commercialise our patented Video Virtualization Engine™ — to transform many market segments, initially focusing on 1. Delivering personalised advertising solutions for broadcasters, 2. video security and reduced piracy, 3. enhancing search engine monetisation, and 4. security-service applications.
Chief Executive Officer
T: +61 3 9607 8234
Media: Rod North
Bourse Communications Pty Ltd
T: +61 3 9510 8309 M: +61 408 670 706