Concurrent Connects, Captures, and Capitalizes on Commercial Multi-Screen Video at the 2010 IBC Show
ATLANTA, Aug. 31 /PRNewswire/ -- At IBC 2010, Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, will unveil a new video ecosystem that connects media creation, publishing, and delivery service companies with consumers using a unified video delivery and data collection platform that can tap into any screen. This powerful solution delivers TV-quality video to any device (including tablet computers, smart phones, and TVs) and enables key media related metrics to be captured from each screen at a census level. Concurrent's solutions are designed to help streamline the video distribution and monetization pipeline by addressing the various stakeholders' needs at each step in the video and advertising supply chain.
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"Video consumption, driven by the explosive growth of new video enabled devices, like smart-phones, web enabled TV's, home entertainment devices, tablet PCs and the emergence of 3D, continues to accelerate across the globe," said Dan Mondor, president and CEO of Concurrent. "And, in this rapidly changing environment, it is vital that operators, content providers and advertisers have leading edge video distribution technology and media data solutions to monetize their video assets. Concurrent has created a video ecosystem that has unmatched quality, reliability, and scalability for video content delivery and its unique ability to collect, aggregate, and correlate video consumption data with guaranteed accuracy for any video content, on any device, and importantly in real-time. "
Concurrent's innovative Video to TV, Video to PC, and Video to Mobile software modules operate independently or as a single solution and have been designed to support a new generation of revenue generating video applications, such as web and mobile TV, network DVR, 3-D video-on-demand and interactive television from a common platform. Building on over a decade of experience and two Emmy® awards, for providing video delivery solutions, this unified video delivery solution reduces the operational complexity associated with launching multi-screen services and provides a flexible and reliable foundation for delivering commercial video and personal content to any device, over any network.
Concurrent adds another level of sophistication to multi-screen delivery through its media data and advertising solutions (MDAS), which are able to collect, correlate, aggregate and warehouse timely and accurate viewership data across VOD, Linear, DVR, iTV, web and mobile platforms. This data management ecosystem allows an operator's marketing, programming and advertising teams to identify new opportunities for revenue growth and brand enhancement through interactive applications, advanced advertising and consumer data monetization. MDAS gives stakeholders across the video ecosystem unmatched insight into consumer activity and the ability to adapt their content and business models to best capitalize this activity and demand.
IBC 2010 is 10 – 14 September 2010 at the RAI Centre in Amsterdam. Concurrent's demonstrations located in Hall 4, booth B74 will showcase the latest solutions in its commercial video delivery and monetization portfolio.
Concurrent video delivery solutions are deployed in video on demand, time shifted broadcast TV and over the top video services globally, including a number of the world's largest video on demand and IPTV systems. The company's media data solutions serve over 38 million digital subscribers and are being employed to aggregate and analyze data from over 3.5 Billion records per day from transactions across linear, video-on-demand, DVR, and interactivity video services.
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 power 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.
SOURCE Concurrent
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