Info

We are an independent provider of client/server network software and intellectual property for the delivery of video and audio information over networks. Our office is located in Santa Rosa, California. Although we have had minimal licensing revenue from our software to date, our software is manages the delivery of video and audio content over a variety of networks; optimizing network efficiency and quality of service. Our Burstware® suite of software products enables companies to transmit video and audio files at Faster-Than-Real-Time® speed, which is accomplished by utilizing available bandwidth capacity in conjunction with data compression to send more video or audio data to users than the players are consuming in real time. This data is stored on the user's machine for playing on demand, thus isolating the user from noise and other network interference. The result is high quality, full-motion video and CD-quality audio to the end-user. Burstware® utilizes various components of our international patent portfolio, including the Faster-Than-Real-Time delivery method. In January 2000, we changed our name from "Instant Video Technologies, Inc." to "Burst.com, Inc." Since February 2003, our stock trades on the over-the-counter "Pink Sheets" under the symbol "BRST". Since October 2001, we have had two full-time employees: Chief Executive Officer Richard Lang, and Vice President of Operations Eric Walters. Since that date, engineering, licensing, legal, accounting and other support services are being procured on an "as-needed" basis from a combination of former employees providing contract services, and outside consulting, legal and accounting firms. In light of our reduced operations and limited working capital, we have changed our mode of conducting business by engaging in a business model that focuses exclusively on efforts to license existing versions of Burstware®, with product enhancements provided as needed by outside engineering contractors. In 2001, we began discussions with both existing customers and new customers regarding the licensing of both Burstware® and our underlying patent portfolio. At the end of 2001, software giant Microsoft, Inc. announced that its new media delivery platform, code named "Corona" (since renamed "WMP-9"), would include a number of new features which we determined had been misappropriated from Burst, and were in violation of Burst's patents. While we initiated legal action against Microsoft in June of 2002 (details are available on our website: www.burst.com), the introduction of Corona has resulted in a significant negative effect on our efforts to license our technology. Since that time, prospective Burst customers have observed that the Burst technology is now available in Microsoft's Windows Media Platform (WMP-9). Until Burst's rightful ownership of Burst technology is established in court, it appears that it is unlikely that those companies to choose the Burstware product over the Microsoft product. Thus, while we are still pursuing possible licensing opportunities with certain companies that may be willing to consider licensing Burstware instead of Microsoft's WMP-9, the number of such prospects is very small, and the uncertainty of Burst's ownership rights remains an obstacle, until such time as the courts rule on the various issues in our litigation. If Burst were to eventually lose most or all aspects of our litigation, our patents could become essentially valueless and our ability to capitalize on our patent portfolio could be lost forever. If this were to happen, the Company's future plans would be wholly determined by the amount of available capital and strategic options available at that time. A lack of financial resources and absence of valuable intellectually property assets would most likely result in the company ceasing operations.