Los Angeles, California – (The Hosting News) – October 11, 2005 – Internet startup, vidiLife, has developed a new video hosting platform allowing users to load, store and share unlimited video clips for use on the site and to link with other online sources.
Brad Greenspan, the founder of Intermix Media and CEO when Myspace was launched, has provided initial capital for the site. The new social networking system allows users to instantly share video along with other social networking functionalities such as blogging, photo sharing and messaging. vidiLife’s real-time video streaming technology makes it easy for users to video blog.
vidiLifeTV, one of the unique features of the site, provides a platform for independent film producers, comedians, commentators, entertainers and bands to showcase their talents by hosting their own TV shows with full control over content to reach out to fans and other web surfers. The site is based on proprietary software developed by Toan Nguyen, a former employee of Intermix that consulted with the Myspace team during the initial development.
According to Mr. Greenspan, ”As broadband Internet access becomes the standard nationwide, the ability to quickly and easily load and manipulate video will become a key factor in the success of new sites. Toan Nguyen has developed a site with a proprietary encoding process that makes it unique in the space. His vision and abilities as an innovator on the web will make this property another success.”
vidiLife’s automated encoding process allows users to upload video in different formats and converts these to Windows media server video streaming format. This allows for near real-time delivery of streaming video and eliminates the need to download multiple video players. A one-minute video will play as fast as a 30-minute video, and the real-time streaming technology allows users full control over the video. Similar to playing a DVD, users can fast forward or reverse to any segment.
Nguyen commented on the new product offering, “vidiLife takes social networking in an entirely new direction by letting users share even more with their network of friends. Users are encouraged to take advantage of the powerful video hosting and real time streaming feature of the site for business purposes. For example, eBay sellers are beginning to take advantage of this feature to add videos to enhance their product pages.”
Greenspan and Nguyen first worked together at Intermix Media. Nguyen, who has guided the overall development of the vidiLife site, has spent several years in the social networking space.
For further information, please visit: www.vidilife.com.