Wednesday, February 27, 2008

Ted Leonsis joins Bridgevine Board of Directors


AOL Vice Chairman Emeritus, Internet visionary underscores value of new consumer web site for bundled services

ATLANTA, Georgia and VERO BEACH, Florida — February 27, 2008 — Bridgevine, Inc., the trusted source for consumers looking to conveniently compare and shop for the services that shape their lives, today announced the appointment of Ted Leonsis, AOL Vice Chairman Emeritus, to the Bridgevine board of directors. One of the nation’s most accomplished businessmen, Leonsis joins Bridgevine with a legendary background as an Internet visionary, new media entrepreneur, professional sports team owner, filmmaker and respected leader.

“We are thrilled to welcome Ted as Bridgevine’s newest board member,” said Vinny Olmstead, president and CEO of Bridgevine. “Clearly, Ted brings incredible insight and knowledge to our team. His support and interest in Bridgevine underscores our company’s innovative value proposition and reinforces our vision as we set out to transform the way consumers shop for a broad array of services efficiently and cost effectively.”

Leonsis joins the Bridgevine board of directors just as the company has launched its Internet site enabling consumers to compare and shop for the best deals on services. From HDTV and VoIP to digital entertainment and home security, lets consumers choose individual services that are best for them or create personalized bundles from trusted providers resulting in saved time and money. Bridgevine’s partner network includes trusted brand name providers such as Comcast, AT&T, D-Link, Time Warner, Verizon, DIRECTV, RealNetworks, Panasonic and GameFly.

“I am impressed with Bridgevine’s leadership team, its scope of partnerships and its underlying technology,” said Leonsis. “Undoubtedly, there is a need for simplification in evaluating and selecting the services that we all depend on in our lives. Bridgevine is delivering on its promise to help consumers save time and money as they choose services from trusted providers, and I look forward to lending my insight and direction as the company embarks upon its next stage of growth.”

During Leonsis’ 15-year career with AOL, the company enjoyed its greatest periods of growth and financial success. Leonsis now serves as vice chairman emeritus, having stepped down from day-to-day management at AOL in 2006.

Ted currently also serves as Chairman of Revolution Money (formerly GratisCard, Inc.), an innovative Web 2.0 payment platform and credit-card service, and Clearspring Technologies, the leading provider of cross-platform widget services. Earlier in his career, Leonsis was the founder of several new media companies including Redgate Communications Corporation, a pioneering new media company that was the first company acquired by AOL. Leonsis was the founder of six personal computer magazines, authored four books, and worked on the introduction of the IBM PC and the Apple Macintosh.

Ted is also the founder, chairman and majority owner of Lincoln Holdings LLC, a sports and entertainment company that holds ownership rights in several Washington, DC entities including 100 percent of the NHL's Washington Capitals and the WNBA's Washington Mystics. Lincoln Holdings also owns approximately 44 percent of Washington Sports and Entertainment Limited Partnership (WSELP), which owns the NBA's Washington Wizards, DC's Verizon Center and the Baltimore-Washington Ticketmaster franchise. In addition to Lincoln Holdings LLC, Ted also has investments and/or sits on the board of directors for several companies including: Agents LLC; Animal Attraction; Beacon Capital Strategies LLC; Bridgevine, Inc; Capitol Acquisition Corp.; Geneva Acquisition Corp.; GridPoint; Lunchbox Digital;; Mobile Posse; Object Video; Podshow and Qloud.

A major philanthropist, Leonsis is very involved with numerous charities, including Best Buddies, Hoop Dreams, See Forever Foundation, Youth Aids and others through the work of the Leonsis Foundation. Among his many honors, Leonsis has been named Washington's Businessman of the Year, a Washingtonian of the Year, one of the 20 most influential people in sports, one of America's most creative executives and a top 10 entrepreneur of the year.

About Bridgevine
Founded in 2003, Bridgevine, Inc. is headquartered in Vero Beach, FL with an office in Atlanta, GA. The company’s consumer-facing website,, is a trusted source for consumers to learn about, compare and shop for the services that shape their lives. From communications to entertainment to security, lets consumers choose individual services that are best for them, or create personalized bundles from trusted providers resulting in saved time and money. Unlike other “comparison” shopping websites, Bridgevine’s powerful technology offers a unified shopping cart, real-time pricing, order status and scheduling to deliver the best customer experience in the industry. Bridgevine’s deep integration with leading service providers from across the country — including Comcast, AT&T, D-Link, Time Warner Cable, Verizon, DIRECTV, RealNetworks, Panasonic, GameFly and more — enables Bridgevine to deliver the most accurate information on services, pricing and special promotions, adding even more value to the bundled services shopping experience. The company’s proprietary ecommerce platform is licensed by leading retailers, websites and Fortune 500 companies, making it possible for them to monetize online, call center and in-store traffic. Bridgevine was ranked 57 on the prestigious 2007 Inc. 500 list of fastest growing private companies. For more information, please visit

Monday, February 25, 2008

AOL Introduces Xdrive Desktop Lite

AOL today announced the release of Xdrive Desktop Lite (, an all-new version of the Xdrive software on Adobe (R) AIR(TM), which was also launched today. The Xdrive Desktop Lite product features an enhanced user interface as well as desktop integration and offers consumers the opportunity to use the Xdrive software on a Mac computer for the first time.

Designed to make it easier to upload and store digital files in one place, Xdrive Desktop Lite reduces the amount of time it takes to upload files by fully integrating the consumer's desktop into the application. Users uploading digital files stored on a local hard drive will be able to see the contents of that drive appear within the Xdrive application, and can easily drag the files from the local drive to the Xdrive service in one simple step. The new software also offers a cleaner, more intuitive user interface, and is both PC and Mac-enabled, offering users the opportunity to easily store up to 5 GB of files from any computer on the Xdrive service for free.

"AOL has long been a leader in the online storage space, and we continue to enhance Xdrive to ensure that we are providing the best solution for consumers to store, manage and share all of their digital files online for free," said Kevin Conroy, Executive Vice President, AOL.

Thursday, February 21, 2008

MySpace Founder Brad Greenspan Launches, A New Proprietary Web

3.0 Community Platform Designed to Protect, Grow, Extend, and Celebrate Original Online Content Creation by Empowering Users With New Technology to Create Instant Online Live Shows That are Integrated With Real Time Interactivity

LiveUniverse, Inc., one of the largest online entertainment networks of video, music, and social networking websites has launched The platform is MySpace Founder Brad Greenspan's latest creation. And as Chairman/CEO of LiveUniverse, he is leading the charge into a new age of social networking with, an advanced on demand interactive broadcasting platform, provides instant global reach and messaging to any user with a web cam. represents the next generation of online interaction., which officially launches today, is the first fully interactive, global, live streaming platform. It allows users to connect with others around the world 24 hours a day, 7 days a week, 365-days a year. Using the LiveShow technology, users can create and broadcast live content alone or in conjunction with friends, colleagues and/or newly acquainted users. Distinctive LiveShow interactive features such as LiveTextChat, LiveCoHost and LivePolls empower real time community and social interaction and provide users with unlimited real-time feedback and interaction. In addition, the advanced LiveShow platform allows advanced videographers to broadcast on their channel with multiple cameras to create professional broadcast-quality shows.

Tuesday, February 19, 2008

Toshiba Announces Discontinuation of HD DVD Businesses

Company Remains Focused on Championing Consumer Access to High Definition Content

TOKYO--Toshiba Corporation today announced that it has undertaken a thorough review of its overall strategy for HD DVD and has decided it will no longer develop, manufacture and market HD DVD players and recorders. This decision has been made following recent major changes in the market. Toshiba will continue, however, to provide full product support and after-sales service for all owners of Toshiba HD DVD products.

HD DVD was developed to offer consumers access at an affordable price to high-quality, high definition content and prepare them for the digital convergence of tomorrow where the fusion of consumer electronics and IT will continue to progress.

"We carefully assessed the long-term impact of continuing the so-called 'next-generation format war' and concluded that a swift decision will best help the market develop," said Atsutoshi Nishida, President and CEO of Toshiba Corporation. "While we are disappointed for the company and more importantly, for the consumer, the real mass market opportunity for high definition content remains untapped and Toshiba is both able and determined to use our talent, technology and intellectual property to make digital convergence a reality."

Monday, February 18, 2008

American Idol' Performances Available Exclusively on the iTunes Store

Music & Video Performances Available the Next Day

Fox Broadcasting Company, Fox Interactive Media, 19 Entertainment, FremantleMedia and
Apple, for the first time, have partnered to bring music fans all of the contestant performances from Season Seven of television's most popular show exclusively on the iTunes Store ( Kicking off with the "American Idol" Top 24 semifinalists this week, customers can purchase music performances for 99 cents per song, and viewers will be able to purchase the full video of Top 12 finalist performances for $1.99, starting March 11. In addition, beginning today, fans can pre-order performances of their favorite contestants from the iTunes Store, which will be automatically downloaded the day after the show airs.

"We have some truly outstanding talent this year, and by working with Apple and iTunes, we're giving viewers another great way to enjoy America's brightest new stars from 'Idol,'" said Simon Fuller, creator of "American Idol" and Founder of 19 Entertainment. "I'm sure there will be many memorable performances that viewers will want to relive from this 2008 season."

"We've created a special section on the iTunes Store for 'Idol' fans with an incredible array of music and video performances from television's most popular show," said Eddy Cue, Apple's vice president of iTunes. "We think 'American Idol' viewers are going to love the ability to purchase and download 'Idol' performances from iTunes."

iTunes will also provide exclusive direct links from the free streaming performance videos on (, the official website of the show and home to MyIdol, the Internet's largest "American Idol" fan site. Fans will be able to simply click through to iTunes if they want to purchase their favorite performances to own and enjoy on their iPod , iPhone or Apple TV .

Thursday, February 14, 2008

Nearly 5,000 Neighborhood RadioShack Stores Ready to Help Customers Make the Digital Television Transition

Consumer electronics retailer prepared to meet customer demand for DTV converter boxes, redeem government-issued coupons and identify personal TV viewing solutions

RadioShack Corporation announced it is ready to support the Digital Television transition program in nearly 5,000 neighborhood stores including participating RadioShack Dealers starting next week. This includes making available two different models of DTV converter boxes along with antennas, splitters, switches, cable and other digital TV accessories to help keep analog televisions receiving over-the-air broadcasts after the government-mandated analog-to-digital transition occurs Feb. 17, 2009.

"The DTV transition is one that involves a host of private-public entities who have been working hand-in-hand for months to ensure U.S. citizens will be able to receive digital TV broadcasts after Feb. 17, 2009," said Peter Whitsett, executive vice president, general merchandising manager for RadioShack Corporation. "We understand consumers often turn to the knowledgeable sales associates at their neighborhood RadioShack first to help them understand such technical issues and assist them in obtaining the best solutions for their individual needs. As such, we are uniquely positioned to offer customers the necessary products, accessories, information and personal consulting to help make the transition from analog to digital broadcasts as seamless as possible."

Monday, February 11, 2008

All Games, from First Round through Championship: CBS's 2008 NCAA March Madness on Demand

CBS's Emmy Award-Winning Live Video of the NCAA Division I Men's Basketball Championship Will Encompass All 63 Games, in partnership with CBS Sports, CSTV and the NCAA, today announced that in 2008, for the first time, its NCAA March Madness on Demand (MMOD) service would give users the ability to view all 63 games* of the NCAA Division I Men's Basketball Championship, from the first round of the tournament through the Men's Final Four(R) and Championship in San Antonio.

NCAA March Madness on Demand is the Emmy award-winning** video player that provides live streaming video of the NCAA Division I Men's Basketball Championship. Since its inception in 2003, MMOD has traditionally provided live video of the first 56 games of the NCAA Division I Men's Basketball Championship as they are broadcast by CBS Sports, with local broadcasts being subject to blackouts.

"In its sixth year, March Madness on Demand continues to maximize the network's NCAA bundled rights across all platforms of the CBS Corporation with the wide distribution of CBS Sports' game coverage, promoted by CSTV and available via and," said Sean McManus, President, CBS News and Sports. "The expansion, to include all 63 games, will enhance the total March Madness experience of college basketball fans everywhere."

Friday, February 8, 2008

The Internet is Not Just for the 20-Something

73-year-old Man Takes on Ebay with a 1920's Style Live Auction and Auctions off $100 Bills

It may seem like a crazy idea, but at 73 years old Donald Karr is taking on Internet giants like Ebay by starting a live auction site where users pick up paddles, listen to
auctioneers cry out and find out immediately if they have won. To prove it isn't a crazy idea, Karr will be auctioning off $100 bills everyday so users can get acquainted with the how-to's of his live auction.

Contrasting the young entrepreneurs who have found success on the Internet, like the developers of Facebook and MySpace Karr is proving that the internet is for everyone. Karr, a retired antique and jewelry dealer, recently launched his 24-hour a day, old-fashioned, live internet auction called Blackwells Live

Tuesday, February 5, 2008

Apple Adds New iPhone & iPod touch Models

Apple today added new models of the iPhone and iPod touch which have double the memory, doubling the amount of music, photos and videos that customers can carry with them wherever they go. The revolutionary iPhone now comes in a new 16GB model for $499, joining the 8GB model for $399. iPod touch now comes in a 32GB model for $499, joining the 16GB model for $399 and the 8GB model for $299.

"For some users, there's never enough memory," said Greg Joswiak, Apple's vice president of Worldwide iPod and iPhone Product Marketing. "Now people can enjoy even more of their music, photos and videos on the most revolutionary mobile phone and best Wi-Fi mobile device in the world."

Both iPhone and iPod touch feature Apple's revolutionary Multi-Touch(TM) user interface and pioneering software that allows users to find and enjoy all their music, videos, photos and more with just a touch of their finger. All iPhone and iPod touch models include the latest software enhancements announced last month including the ability to automatically find your location using the new Maps application*; create Web Clips for your favorite websites; customize your home screen and watch movies from the new iTunes(R) Movie Rentals. Both iPhone and iPod touch feature the world's most advanced mobile web browser in the world with Safari(TM) and great mobile applications including Mail, Maps, Stocks, Weather and Notes.

Friday, February 1, 2008

Raytheon Technology to Boost Morale on U.S. Navy Ships by Broadcasting Super Bowl XLII

Global Broadcasting Service to bring the excitement of football to deployed troops in the Pacific

U.S. sailors and Marines aboard ships in the Pacific will be able to experience the thrill of the National Football League's Super Bowl this Sunday while at sea. Troops deployed will feel like they're right at home on game day, thanks to the latest technology developed, maintained and operated by Raytheon Company.

For more than 10 years, the Raytheon-developed Global Broadcasting Service (GBS) military satellite communications system has provided high-speed, multimedia broadcasts of mission critical information to military and government decision makers. But this weekend, in coordination with the Navy and the American Forces Radio and Television Service, GBS will broadcast Super Bowl XLII to military service men and women stationed away from home who would otherwise not be able to enjoy this celebrated American event.

"We are thrilled that our technology has enabled us to bring our deployed men and women a little closer to home through this broadcast," said Alan Goldey, Raytheon GBS program manager. "Raytheon has developed and sustained the GBS program into what the Air Force has declared to be one of its best managed military satellite communications programs."