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Squidcast Debuts New Consumer Service for Transmitting High-Quality Personal Video at DEMO 08
Jan 28, 2008 (08:01 AM EST)


PALM DESERT, Calif. and SAN FRANCISCO, Jan. 28 /PRNewswire/ -- DEMO 08 -- Squidcast, Inc. today unveiled a new service that enables consumers to send friends and family high-definition personal video and other high-quality content over the Internet for free. Squidcast recipients can download or stream content at quality levels dramatically higher than what is currently possible. It utilizes the capabilities of its Collaborative Relay Network, the only secure platform optimized for the private interchange of high-quality personal media.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080128/AQM085LOGO )

Current offerings, such as email and video sharing Web sites, cannot offer similar capabilities without charging users a premium because infrastructure costs are too high.

"Personal video is going high-definition, yet consumers have no way of sending movies to friends and family without compromising quality," said Daniel Putterman, founder and chief executive officer of Squidcast, Inc. "For the first time, users can experience personal media over the Internet without compromising quality."

The Collaborative Relay Network is a form of cloud computing that temporarily utilizes small amounts of end-user storage and bandwidth to form a personal distribution network. The system uses advanced cryptographic and self-healing technologies to provide a service that is highly available, secure, and always on. The design of the platform dramatically reduces operating expenses compared with traditional hosted systems.

"Squidcast has developed a unique way to transmit high-quality personal multimedia," said Chris Shipley, executive producer of the DEMO conferences. "There is huge demand for sending high-quality personal video and Squidcast solves this problem."

The service is launching in beta simultaneously in the United States and Japan.

Squidcast Features and Benefits -- Send unlimited high-definition video and high resolution photos -- Supports any size and format for uncompromised quality -- Recipients can preview, stream, or download with a single click -- Fast, private, and secure -- Free

Sales and Partnership Inquiries

For those interested in advertising and partnership information, contact Squidcast sales and business development at sales@squidcast.com.

About DEMO

Produced by Network World Events and Executive Forums, the semi-annual DEMO conferences focus on emerging technologies and new products, which are hand-selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, and have served as launch pad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. Each DEMO conference features approximately 70 new companies, products and technologies. For more information, visit http://www.demo.com .

About Squidcast, Inc.

Squidcast is a free service that lets consumers transmit high-definition video and other high-quality personal media to friends and family over the Internet. The service is powered by the company's Collaborative Relay Network, the only secure platform optimized for the private interchange of personal media. Founded in 2007 by experienced entrepreneurs from the digital media and security industries, Squidcast is located in San Francisco, California. For more information, please visit our Web site, http://www.squidcast.com .

CONTACT: Alicia V. Nieva-Woodgate of Squidcast, Inc., +1-415-515-0866, media@squidcast.com

Web site: http://www.squidcast.com/ http://www.demo.com/