VideoPress, the company’s flagship product, continues to set new industry standards with its expanded analysis capabilities. Unlike traditional metadata-driven solutions, VideoPress performs comprehensive baseband video material analysis, automatically creating source analysis data, determining optimal processing paths and correcting common video issues. These new features create a product that can be used for QC to gain insight into the state of any size library of media assets.

DENVER, April 6, 2025 /PRNewswire-PRWeb/ — Bitpress, a pioneering leader in media automation, today announced groundbreaking product updates designed to transform media asset quality control workflows through intelligent automation and cloud-scale processing.

VideoPress, the company’s flagship product, continues to set new industry standards with its expanded analysis capabilities. Unlike traditional metadata-driven solutions, VideoPress performs comprehensive baseband video material analysis, automatically creating source analysis data, determining optimal processing paths and correcting common video issues. These new features create a product that can be used for QC to gain insight into the state of any size library of media assets.

Key features of VideoPress include:

Automatic content event logging (Program Start/End, Ad Breaks, Slates, Bumpers, Production Cards, Bars and Tone)AWS-powered processing, completing hundreds of jobs per hourAdvanced picture fidelity improvement techniquesOptimum ad break placement

Breakthrough Product Enhancements

Content Matching Library

A revolutionary feature that uses advanced machine learning to Identify bumpers, production cards and animated logos automatically and mark precise cue points for later removal or replacement.

Custom Edit Outputs

Create separate P2P, textless elements or promo file deliveries from a single source. Automated head and tail trim is a quick and efficient way to create custom distribution from a mezz file without requiring an intermediary transcode.

Media Insight tools

Accurate audio waveform timeline embedded with cue point milestone markers. Snapshot of media analysis information highlighting important elements such as ; sound fields, aspect ratio, channel layout. Detailed source analysis reporting, providing a comprehensive view into the exact specifications of your media assets, including cue points, frame rate, aspect ratio, ad breaks, resolution, and other detailed technical metadata.

Customized Post-Processing with DLS

Create bespoke scripts to support unique workflow requirements and provide unprecedented flexibility in content management.

Enhanced Reporting Capabilities

Batch job details include bulk download and comprehensive job reports with expanded metadata. Asset metadata reports detail technical metadata extraction for multiple assets.

Advanced Bars & Tone Detection

An adaptive learning process calibrated to handle diverse frequency variations and transmission feed complexities.

More about VideoPress:

VideoPress transforms video analysis and normalization for optimal quality media assets ready for digital distribution. It is part of a suite of products that automate the process of creating digital masters. VideoPress uses advanced content event detection and precise audio normalization to ensure consistent and high-quality outputs. The data generated is useful in analyzing large library assets. It is the fastest and most inexpensive way to ready media content for digital monetization.

About Bitpress

Bitpress has a singular mission: To revolutionize post production with automation tools that quickly and seamlessly transform content libraries into distribution-ready assets for any platform. Our automated workflows not only save significant time and money, but also elevate quality standards. Harnessing the power of intelligent automation, machine learning, and massive cloud scale, our cutting-edge workflows enable rapid and efficient monetization of content. Our clients use our tools to rapidly monetize their content by automating traditionally laborious processes. We understand the challenge and cost of manipulating media and have a history of innovation through automation for the largest and most respected post production and media companies in the world. We’ve authored many patents and engineered workflows for every major studio and the largest streaming service providers.

Media Contact

Julia Jones, Bitpress, 1 310-795-2912, jjones@bitpress.com, www.bitpress.com

LinkedIn

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SOURCE Bitpress

Mountain Vector Energy launches Cufflink Quizzes, an interactive STEM tool that lets students explore real-time energy, water, and air quality data from their own schools. By using the same platform as facilities teams, students gain hands-on experience with data literacy, resource management, and future STEM careers.

ALBUQUERQUE, N.M., April 6, 2025 /PRNewswire-PRWeb/ — Mountain Vector Energy is excited to announce Cufflink Quizzes, a new interactive STEM experience that allows students to engage directly with their schools’ energy, water, air quality, and renewable system performance.

For the first time, students can step into the role of an energy manager, using the same platform their facilities directors rely on—filtering graphs, running reports, and answering quiz questions that build data literacy and critical thinking skills. By making energy data accessible, Cufflink Quizzes help students connect classroom learning to real-world STEM applications and future career paths.

From Data to Discovery

With real-time data at their fingertips, students hone critical thinking skills, uncover insights, and experience the power of data-driven decision-making—just like STEM professionals. As they analyze meaningful data, they see firsthand how energy optimization and strategic choices directly impact their schools’ learning environments.

Ready-to-Go Learning – Designed to assist busy teachers, the quizzes function as stand-alone assignments in a web-based platform, allowing easy access in the classroom with no extra prep required. Quizzes are available for elementary, middle school, high school, and college-level students.

Hands-On STEM Experience – Students interact with live data, analyzing energy trends and seeing firsthand how energy management works in their own school.

Appreciation for School Leadership – Students gain insight into the critical roles of facilities directors and school district leaders, learning how resource management affects their learning experience.

Career Exploration – Students discover how professionals in data science, engineering, licensed trades, and operations drive meaningful change. By interacting with their schools’ data, they gain insight into the impact of STEM careers and leadership roles, inspiring them to explore future pathways in these fields.

By gaining a deeper understanding of resource management, students will begin to see the world around them in a new way—recognizing the impact of STEM in their daily lives.

“With Cufflink Quizzes, we’re giving students an inside look at how data drives outcome-based learning in the real world,” says Steve Kiziuk, CEO of Mountain Vector Energy. “By increasing accessibility to modern software tools, we hope to inspire careers in energy and water management. This is a new path to engage our future plumbers, electricians, building automation specialists, and HVAC technicians.”

Supporting STEM Education

For over a decade, Mountain Vector Energy has been dedicated to advancing STEM education by empowering students to become data-driven problem solvers and future STEM leaders. Through the Cufflink platform, students take an active role in managing their schools’ energy use—analyzing real-time data and making informed decisions.

Cufflink Quizzes build on this initiative by offering self-guided learning experiences for students nationwide. These interactive modules bring real-world applications into the classroom, allowing students to see, measure, and engage with energy data in a dynamic digital environment.

Now Available – Live Demo at CGCS Conference in Charlotte

Cufflink Quizzes are available to all schools using the Cufflink platform for their energy management. This launch coincides with the Council of the Great City Schools Conference for Chief Operating Officers, Directors of Facilities, Child Nutrition, Safety & Security, and Transportation in Charlotte, NC (April 8-11, 2025).

About Mountain Vector Energy

Mountain Vector Energy is a leader in energy and water optimization, enabling organizations to cut costs, streamline operations, and meet ambitious sustainability goals. Through their patented energy management system, Cufflink, they provide the cutting-edge tools organizations need to navigate complex energy landscapes with confidence. Mountain Vector Energy is dedicated to helping organizations use their data to achieve real, measurable results. For more information, visit mountainvector.com

For a hands-on demonstration, visit Mountain Vector Energy’s booth at CGCS or contact:

Yovanna Araujo

505-549-7680

yovanna@mountainvector.com

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SOURCE Mountain Vector Energy

Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.

Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of the mandatory Know Your Customer verification, according to an April 2 court filing in the US Bankruptcy Court for the District of Delaware.

FTX users originally had until March 3 to begin the verification process to collect their claims.

“If a holder of a claim listed on Schedule 1 attached thereto did not commence the KYC submission process with respect to such claim on or prior to March 3, 2025, at 4:00 pm (ET) (the “KYC Commencing Deadline”), 2 such claim shall be disallowed and expunged in its entirety,” the filing states.

FTX court filing. Source: Bloomberglaw.com

The KYC deadline has been extended to June 1, 2025, giving users another chance to verify their identity and claim eligibility. Those who fail to meet the new deadline may have their claims permanently disqualified.

According to the court documents, claims under $50,000 could account for roughly $655 million in disallowed repayments, while claims over $50,000 could amount to $1.9 billion — bringing the total at-risk funds to more than $2.5 billion.

FTX court filing, estimated claims. Source: Sunil

The next round of FTX creditor repayments is set for May 30, 2025, with over $11 billion expected to be repaid to creditors with claims of over $50,000.

Under FTX’s recovery plan, 98% of creditors are expected to receive at least 118% of their original claim value in cash.

Related: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

How FTX users can complete KYC

Many FTX users have reported problems with the KYC process.

However, users who were unable to submit their KYC documentation can resubmit their application and restart the verification process, according to an April 5 X post from Sunil, FTX creditor and Customer Ad-Hoc Committee member.

FTX KYC portal. Source: Sunil

Impacted users should email FTX support (support@ftx.com) to receive a ticket number, then log in to the support portal, create an account, and re-upload the necessary KYC documents.

Related: Crypto trader turns $2K PEPE into $43M, sells for $10M profit

FTX’s Bahamian subsidiary, FTX Digital Markets, processed the first round of repayments in February, distributing $1.2 billion to creditors.

The crypto industry is still recovering from the collapse of FTX and more than 130 subsidiaries launched a series of insolvencies that led to the industry’s longest-ever crypto winter, which saw Bitcoin’s (BTC) price bottom out at around $16,000.

While not a “market-moving catalyst” in itself, the beginning of the FTX repayments is a positive sign for the maturation of the crypto industry, which may see a “significant portion” reinvested into cryptocurrencies, Alvin Kan, chief operating officer at Bitget Wallet, told Cointelegraph.

Magazine: XRP win leaves Ripple a ‘bad actor’ with no crypto legal precedent set