ATLANTA, Aug. 10 /PRNewswire-FirstCall/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, will be presenting at the CableLabs® Summer Conference in Keystone, CO, running from August 15-18th. Focused on facilitating and expediting MSOs' initiatives to be at the forefront of next-generation data management and interactive programming and advertising, Concurrent will demonstrate its end-to-end advanced advertising and media data collection and management solutions. These fully managed services support industry-wide efforts to deliver a standardized platform for advanced advertising and interactive programming.
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"We are excited and honored to present our cutting-edge advertising and data management solutions at one of the industry's premier conferences," said Paul Haddad, senior vice president of media data & advertising solutions for Concurrent. "As interactive programming and advanced advertising mature, we look forward to playing a key role in the delivery, data collection and monetization of new services that will increase subscriber satisfaction and operator revenue."
At the heart of Concurrent's MDAS solution is the Centralized Data Warehouse (CDW) – a source and vendor agnostic, fully hosted, multi-media data management solution designed to offer a 360-degree view of linear, video-on-demand, DVR and iTV media consumption. CDW resolves the complex problems associated with the timely and accurate aggregation, data auditing, warehousing and management of viewership data across multiple platforms. It also opens new revenue opportunities and allows operators to better refine their own content strategies and better position their marketing and promotional activities. The ultimate goal is to not only reduce churn, but increase service usage and thus per-subscriber revenue.
Concurrent has 205 distinct video systems deployed in cable and telecom markets worldwide that represent approximately 22 million basic cable subscribers. The company's MDAS software serves over 38 million digital subscribers and aggregates and analyzes data from over 700 million video on demand transactions per month.
Concurrent will be participating in the Making The Three-Screen Strategy Work webinar on August 19th sponsored by the cable industry's Heavy Reading. (http://www.ccur.com/3screenstrategywebinar).
About Concurrent
Concurrent (NASDAQ: CCUR) is a global leader in innovative solutions that enable the seamless delivery, management and monetization of video on any screen. Built on a solid foundation of video firsts and Emmy® Award winning technology, Concurrent's screen-independent video delivery and media data solutions create a truly holistic, 360-degree view of the consumer video experience. By harnessing the full potential of video, Concurrent provides customers in the cable, telco, wireless, web, advertising and content development industries with new revenue opportunities such as advanced advertising. Concurrent's video solutions are built upon a rich heritage of high-performance real-time technology, which also powers solutions for the defense, aerospace, automotive and financial industries.
Concurrent is a global company with offices in North America, Europe and Asia. For more information, please visit www.ccur.com.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward looking statements include, among others, statements regarding our products and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.
Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on 28 August 2009, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading "Risk Factors" are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.
Concurrent, Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All other Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.
CableLabs is a trademark of Cable Television Laboratories, Inc.
A product or technology demonstration at a CableLabs event does not represent a CableLabs endorsement of that product or technology.
SOURCE Concurrent
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