QUOKKA SPORTS INC

QUOKKA SPORTS INC

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Company Overview
Quokka Sports, Inc. is an American publicly quoted company listed on Other OTC Market, USA under the ticker symbol (QKKAQ). The company is primarily engaged in the provision of sports entertainment for the digital world. Founded in 1996, Quokka Sports has its registered head office located in San Francisco, California in the United States.
Quokka Sports operates through two divisions: Qmedia, a media production division; and Qtech, a live content technology solutions division. QMedia’s principal activities include the acquisition or control of digital rights; production of live sports and entertainment content; publishing and production of Web content, such as Web site development for live events, content production, and Web site maintenance; and creative sponsorship campaign development and sales.
Meanwhile, QTech develops and manages Quokka Sports’ proprietary Live_IP technology and services that focus on delivering real-time and near real-time immersive media content for the Internet, broadband, Interactive/ Enhanced TV, and wireless platforms. The Live_IP platform consists of two primary components, a near real-time content viewer and a live content publishing system. These tools offer content producers, a browser-based publishing platform for creating, editing, assembling, and laying out media-rich content into overlapping content layers that aid the content producer in the complete production of the project.
Business Summary
Quokka Sports, Inc. is an independent digital sports network providing real-time coverage of sporting events for worldwide audiences. Using digital assets generated at sports venues, the Company is building a digital sports network by creating digital programming content that is specifically designed for interactive distribution systems and other entertainment devices. The Company has two separate operating divisions, QMedia, a media production division, and QTech, a live content technology solutions division. In April 2001, it was reported that the Company filed for relief under Chapter 11 of the United States Bankruptcy Code.
Description and history
Quokka Sports, Inc. is an independent digital sports network providing real-time coverage of sporting events for worldwide audiences. Using digital assets generated at sports venues, the Company is building a digital sports network by creating digital programming content that is specifically designed for interactive distribution systems and other entertainment devices. In February 2001, the Company reorganized its operations into two separate divisions, QMedia, a media production division, and QTech, a live content technology solutions division. In April 2001, it was reported that the Company filed for relief under Chapter 11 of the United States Bankruptcy Code.

In 2000, sponsors and advertisers provided approximately 76% of the Company’s revenue. The Company has established multi-year sponsorship arrangements with Computer Associates and Intel Corporation, as Quokka Performance Team members. The Company offers these sponsors multi-dimensional marketing opportunities across the Quokka Sports Network. In addition, Quokka also offers sponsors and advertisers the option of focusing on particular sport verticals in the Company network. Companies that have utilized this arrangement include IBM, Ford Motor Corporation, Qwest Communications, Visa International, Adidas America, Subaru and Anheuser Busch.

QMedia, a digital media company for live-event interactive sports coverage, is principally engaged in the acquisition or control of digital rights; production of live sports and entertainment content; publishing and production of Web content, such as Website development for live events, content production and Website maintenance; and creative sponsorship campaign development and sales. QMedia has developed sponsorship campaigns for corporations that include General Motors, Anheuser-Busch, Visa International, Adidas America and General Electric. The majority of QMedia’s 2000 revenues were derived from sponsorship of live events.

QMedia expects to increase revenue through new strategic alliances. These alliances may include broadcasters wishing to create a digital media product to complement their broadcast coverage, rights holders seeking a partner to help maximize the value of their digital rights and corporate partners seeking to create custom digital productions.

QTech develops and manages its proprietary Live_IP technology. QTech also offers services that focus on delivering real-time and near real-time, rich media content for the Internet, broadband, Interactive/ Enhanced TV and wireless platforms. In general, QTech’s Live_IP platform consists of two primary components: a near-real-time content viewer and a live content publishing system. These tools offer content producers a browser-based publishing platform for creating, editing, assembling and laying out media-rich content into overlapping content layers that aid the content producer in the complete production of the project. Clients of the QTech solution include Major League Baseball Advanced Media LP; and, in partnership through the QMedia division, broadcasters and sports organizations, such as NBC Olympics, Inc., The Salt Lake Organizing Committee for the Olympic Winter Games of 2002 and the National Collegiate Athletic Association. The Company intends to generate revenue in this division from the licensing fees paid by business customers and media companies for QTech’s proprietary live-event coverage and publishing technology, and by providing managed technology services and system integration services.

Business Line
Engaged in the provision of sports entertainment for the digital world
Subsidiary

Advisor
PRICEWATERHOUSECOOPERS LLP
IPO date
7/1999
US SIC Code
7375
Company Address
525, Brannan Street

City province or state postal code
94107, SAN FRANCISCO, CA
Phone: +1 415 908 3800
Fax: +1 415 908 1841
Country address: UNITED STATES OF AMERICA
Website url: