Concurrent Enables Enhanced Video On Demand Advertising With New MediaHawk™ VX Software Release
New software provides operators the flexibility to dynamically insert advertisements before, during, or after VOD programming
ATLANTA, April 2, 2012 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a worldwide leader in video and media data solutions, is making it easier for service providers to generate revenue from advanced advertising within VOD sessions. Concurrent's latest software release for its flagship VOD product, MediaHawk™ VX, allows operators to insert unique advertisements in individual VOD sessions at any point during playback.
Insertion of mid-roll, pre-roll and post-roll ads within VOD sessions can be directed from an external ad decision engine using SCTE interfaces and seamlessly introduced into interactive video streams by the server. This capability enables operators to insert new or replace existing advertisements in premium VOD content, free VOD content, or time shifted TV. Ad replacement features can be used to insert specific ads in time shifted TV content for targeted zones being served, eliminating the need to capture and store individual broadcast feeds for each "ad zone."
As an open solution, MediaHawk is fully compatible with all standards based ad decision engines and ad management solutions. When MediaHawk is combined with Concurrent's media data and advertising solutions, service providers can enable a complete end-to-end advanced advertising platform with census level targeting and usage monitoring.
"VOD advertising represents a great opportunity for our customers to generate more revenue from the streams they are already serving," said James Brickmeier, Concurrent's vice president and general manager of video solutions. "According to SNL Kagan, cable and telco operators served more than 7.8 billion interactive video streams in 2011 and VOD usage is expected to increase in the years ahead. Each video stream, whether it contains premium VOD content, time shifted TV content, or free content, represents a vehicle for inserting revenue generating advertisements that are tailored to the individual consumer. As the leader in on demand video delivery software, Concurrent is excited to be working with service providers to usher in a new era of ad supported VOD."
Concurrent's MediaHawk VX solution is a software-based unified multiscreen video delivery system featuring support for traditional set-top box based services as well as IP based services designed to address a growing array of connected devices. More than 2.2 million video streams have been deployed worldwide using Concurrent's MediaHawk video solution.
The newest release of MediaHawk™ VX software is available now.
To view a social media version of this release, click here.
About Concurrent
Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management, and monetization. Built on a solid foundation of Emmy Award-winning technology, Concurrent's solutions provide consumers with ubiquitous access to content on any screen and provide media stakeholders with a holistic view of the consumer video experience. Concurrent supplies customers across the entire media ecosystem (cable, telecommunications, wireless, web, advertising, and content supplier industries) with enterprise-level CDN technology, multi-screen video delivery, monetization, media data collection and logistics solutions. 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 has offices in North America, Europe and Asia. Visit www.ccur.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR.
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 August 30, 2011, 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 Computer Corporation and its logo are registered trademarks of Concurrent. All Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners. The registered trademark Linux® is used pursuant to a sublicense from the Linux Mark Institute, the exclusive licensee of Linus Torvalds, owner of the mark on a worldwide basis.
SOURCE Concurrent
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