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Piranha: New Archiving Product Using Compression Technology

Press release from the issuing company

FREEHOLD, N.J.--Jan. 26, 2001--Piranha, Inc., (OTC BB: BYTE), an innovator in data compression technology, today announced the development of an image archiving and search software solution that will utilize Piranha's compression science. The new database product will include search and retrieval software produced by the recently-acquired JJT, Inc. The Java-based interface, combined with Piranha compression technology, will provide a complete image storage and retrieval database solution for the print and publishing, financial, medical and entertainment industries as well as e-commerce businesses. This new Piranha product creates a system that allows the storage of a compressed, lossless image and permits retrieval of copies of the same image with user-defined resolution - from thumbnails to byte-for-byte duplicates of the original. "The new database not only provides all the functionality of sophisticated archiving systems but reduces the requirements for storage," said Larry E. Greybill, president of Piranha. "The ability to provide several different versions of the same image without storing various resolutions of that image is another space saver. And this solution also allows users to work with compressed files that require less bandwidth as images are retrieved from across a room or across the globe." The search and retrieval client is a Web-based Java applet or a standalone Java application. The application will be available on Windows, Macintosh, Sun and Linux platforms in the second quarter. Piranha's development group used the same object database technology utilized by JJT's Maestro MetabaseServer product that has been used to store millions of metadata objects by such customers as Texas Instruments.

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