ROCKVILLE, MD. and BOULDER, CO - June 25, 2001 - Artesia Technologies, the leader in enterprise digital asset management, and Accumedia, the leading provider of managed Web publishing and e-business solutions for the media and entertainment industries, today announced that Accumedia has adopted Artesia's TEAMS™ solution as an integral part of its Accumedia Convergence Platform™ (ACP) for the management and publishing of both enterprise and Web content. The ACP enables media companies such as Primedia, New England Sports Network and the Boston Bruins to extend their off-line content and customer information into interactive channels. The ACP was developed to meet the needs of media companies who must lower the costs of their interactive operations but maintain the flexibility to modify their on-line business models. The combination of TEAMS and the ACP is the first integrated hosted solution for enterprise Web publishing and digital asset management. "Partnering with Artesia will provide customers with an easy-to-deploy and cost-effective solution to further increase the value of enterprise digital assets," said Ed Williams, CEO of Accumedia. "Digital asset management is fundamental to our value proposition as it provides our customers with a seamless solution for bridging their off- and on-line business strategies. We're very excited to be working with Artesia Technologies on these efforts." With the addition of TEAMS, the Accumedia Convergence Platform delivers a complete integration of best-in-breed site design, Web content management, digital asset management, content relevance and content delivery to offer customers an end-to-end solution for the management and distribution of rich media. The integration of TEAMS with the ACP highlights the critical and strategic role that digital asset management plays for organizations looking to unite their traditional and e-business operations through the development of a single off- and on-line content repository supporting all of their operations. The Accumedia Convergence Platform will now offer advanced editing, search and retrieval functionality across all media types through the use of TEAMS features such as link management, XML-based transformer, Clip Identifier™ and Play Decision List™ applications. The combined TEAMS/ACP's ability to ingest and edit the underlying XML-based metadata, as well as the asset itself, ensures that significant rights and permissions information governing content ownership can be embedded directly into an asset and easily integrated with a variety of approaches to digital rights management. This also allows organizations to easily extend access to these assets across business divisions and leverage their reuse throughout the enterprise. "Accumedia and Artesia share a common understanding that the media and entertainment industries need to effectively deploy their content across a number of channels in order to address consumers' evolving needs," said Scott Bowen, president and COO of Artesia Technologies. "By extending the capabilities of TEAMS digital asset management to the Internet, Accumedia has built the roadmap for companies to meet these challenges. Additionally, through their hosted platform, they can cost effectively deliver TEAMS to customers of any size, from departmental workgroups to global enterprises. Artesia is extremely proud to be associated with Accumedia in this endeavor."