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NASA Tech To Power New Generation Of Games
Los Angeles - January 4, 2000 - Meridian Holdings has submitted a proposal to the National Aeronautics and Space Administration (NASA) for commercialization of NASA's state-of-the-art Video Image Stabilization and Registration (VISAR) technology and video game biofeedback software technology. Dr. David Hathaway (left) of the Space Sciences Laboratory and Paul Meyer of the Global Hydrology and Climate Center in the computer laboratory where they developed VISAR. - Photo by MSFC Meridian intends to utilize the VISAR technology in various Internet applications to enhance clarity and registration of electronically transmitted photographs and graphics, and the biofeedback technology initially to complement its proprietary technology for use in Internet-based biofeedback, self-regulation training, neuromuscular reeducation, and telemedicine. Additional applications of both technologies are contemplated, with approximately $1 million having been allocated for product development. "Our proposal to NASA represents an excellent opportunity to make 'highest and best use' of a technology that dovetails elegantly and seamlessly with Meridian technologies already in place, the demand for which is increasing steadily with the proliferation of the Internet," said Anthony C. Dike, CEO of Meridian Holdings. "We are exceptionally enthusiastic about the potential and look forward to a determination by NASA during the first half of 2000," Meridian Holdings, Inc. is an acquisition-oriented holding company focused on building, operating and managing a portfolio of business-to-business companies. Meridian seeks to acquire majority or controlling interests in companies engaged in e-commerce, e-communication, and e-business services, which will allow the holding company to actively participate in management, operations and finances.
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