Video player (html5 or Flash) to load and play a certain part of video file

I need to get developed a video player (html5 or flash) or instead some open-source player can be used. The main task is that the player must be able to load and play only certain part of video file (say from 05:10 to 07:30 of the timeline). The video format can be any of your choice. If any server-side installation is required (such as video streaming server) that will be done. The player has to accept at least the following parameters: * file name * start time * end time