Concurrent Unveils New Internet Video Solutions at SCTE Cable-Tec 2010
ATLANTA, Oct. 13 /PRNewswire/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, is unveiling the latest in its cloud-based, online video solutions at this year's SCTE Cable-Tec show, Booth 1437, running from October 20-22 in New Orleans. Concurrent will be demonstrating their latest advancement in industry-leading, multi-screen video solutions including user-generated, hyper-local and Internet-hosted video content directly to the TV, PC and mobile device.
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"The incredible growth of user-generated content has resulted in consumers quickly becoming the largest producers of video content. On YouTube alone, according to a recent study from comScore, 26 hours of video are uploaded every minute. Concurrent's vision is to enable the delivery of consumer and professional content to multiple screens on a single video platform that is easy to deploy and easy to manage," said Dan Mondor, president and CEO of Concurrent. "We continue to innovate to create the highly reliable, TV-quality viewing experience that enhances subscriber experience and provides new revenue-generating opportunities for our customers. We are very pleased to be unveiling our next generation of video solutions at this year's Cable-Tec show."
Concurrent's new video delivery solutions streamline the ingest and distribution process between broadcast and Internet content providers, advertisers and service providers. Cable operators can deploy Concurrent's latest technology to upgrade existing VOD systems or as part of a new system installation in order to rapidly address these high-growth market opportunities across multiple screens.
Concurrent will be demonstrating a number of ground-breaking solutions, including:
- The capability for subscribers to upload user-generated content (UGC), like independent films and music videos, and publish it to on-demand and local broadcast platforms for multiple screens
- The capability for hyper-local content to be self-uploaded, for example, by high schools (sporting events), churches (weekly services) or civic groups to be published to on-demand and local broadcast platforms for multiple screens
- The ability to monetize local content by making it possible for local advertisers, like restaurants or specialty shops, to create and upload their own ads for broadcast playout and VOD insertion.
- Targeted, Internet-style banner ad-insertion into popular web videos and user-generated content delivered via on-demand and local broadcast onto multiple screens.
- Customizable web interface that enables deeper interaction for a service provider with its subscribers and advertisers.
- Video ingest and delivery for applications across multiple screens
Concurrent's video delivery solutions are deployed in video on demand, time-shifted broadcast, TV and over-the-top (OTT) 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, VOD, 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 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 31 August 2010, 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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