ATLANTA, Sept. 1, 2011 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a global leader in video and media data solutions, announced its product showcase for the upcoming IBC 2011, which will be held in Amsterdam at the RAI Centre, September 9-13. Concurrent, which recently announced significant expansion in Europe and Asia, will demonstrate eFactor, media logistics and intelligence solutions, and dynamic content repackaging capabilities targeting the cable, telco, Internet CDN and Internet content aggregator markets. The company's new video solutions offerings will be highlighted in Concurrent's Stand #4.B78.
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"IBC conference attendees will see a new Concurrent, with innovative solutions for a broader array of markets, as well as a significantly expanded European and Asian customer base," said Dan Mondor, Concurrent president and chief executive officer. "Our latest solutions provide a way to simplify the delivery of high quality video to any device and intelligence to better understand how customers are interacting with content across screens. Using our enhanced media data intelligence software and eFactor product suite, CDNs, Internet content aggregators, telco, and cable MSOs can address new opportunities on any screen. We're excited to showcase our forward-thinking solutions while at IBC, and to welcome our new customers throughout Europe and Asia."
Concurrent's growing presence in Europe and Asia is evidenced by a recently signed agreement with Europe's largest cable operator; Jiangsu CATV, the largest cable operator in Mainland China and the second largest cable operator in the world deploying Concurrent's video delivery platform; and J:COM, the largest cable operator in Japan, implementing Concurrent's exclusive video technology to stream content to Apple® mobile devices.
Concurrent will demo the following solutions at IBC 2011:
- eFactor™ product suite - Concurrent's new workflow and HTTP delivery software simplifies the complex task of delivering multi-format video to a wide range of devices, addressing preparation, packaging, policy, protection, and delivery of high quality video over the three most popular HTTP adaptive bitrate formats: Apple®, Adobe® and Microsoft®.
- Transmux - Transmux dynamically repackages a single source asset on-the-fly, so it can play on TVs, PCs, and mobile devices, eliminating the need to transcode, package and host video in multiple file formats. Concurrent has signed its first global agreement for its use with a global Internet CDN customer.
- Media logistics and intelligence solutions - Concurrent's Media Data and Advertising Solutions (MDAS) gives customers the ability to understand the entire subscriber experience spanning its video and online service platforms. Having recently signed a multi-year agreement for cross-services media data with another top five North American MSO, Concurrent will be demonstrating the media intelligence suite, featuring interactive applications that can track consumer viewing patterns in real-time, offering increased visibility to drive forecasting and trending.
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.
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, 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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