Elecard Announces Bailout Plan for U.S. Adult Entertainment Industry

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Elecard, a leading provider of codecs and product for digital video, today announced a program to help save America's adult entertainment industry in reply to Larry Flynt and Joe Francis' bailout request to Congress.

If you think the Internet was made by scientists working on the ARPANET project in the mid 1970s, you are wrong - it was made by the adult entertainment industry in the mid 1990s! This is our economic stimulus package for the companies that have given us so much stimulus.

Elecard, a leading provider of codecs and product for digital video, today announced a program to help save America's adult entertainment industry in reply to Larry Flynt and Joe Francis' bailout request to Congress.

From now until April 22 (Elecard's 21st birthday), Elecard will offer all server-side video-related software free of charge to any U.S. adult entertainment company. The offer is valid on these software packages:

  •     CodecWorks - line of real-time video encoding servers
  •     VCinema - VoD, NVoD and SVoD servers
  •     StreamEye Studio - professional video compression analysis software
  •     Converter Studio Pro and ProHD - encoding/content preparation software

"It's the least we can do for such an important business," said Andrey Posdnyakov, President of Elecard. "If you think the Internet was made by scientists working on the ARPANET project in the mid 1970s, you are wrong - it was made by the adult entertainment industry in the mid 1990s! This is our economic stimulus package for the companies that have given us so much stimulus."

The offer even applies to existing contracts, Posdnyakov said. Through April 22nd, companies in the industry will be able to use the above-listed software free of charge and will not be obliged to pay royalties during this period.

To qualify and take advantage of this offer, companies should contact Elecard directly.

About Elecard

Elecard is a leading provider of video compression technology and high quality software products for video and audio playback, editing, analysis, multimedia content preparation and streaming. ElecardT solutions are optimized for various platforms including PCs, set-top boxes, portable media players and mobile phones. Elecard supports the most popular industry standards such as MPEG-2, MPEG-4 Part 2, H.264/AVC, DV, DVCPRO, DVCPRO HD, AAC, HE-AAC. Elecard is based in Tomsk, Russia, with subsidiaries in the USA and Singapore.
For more information about the company, please visit http://www.elecard.com.

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Elena Shirokova
Elecard Devices
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