|By Business Wire||
|February 25, 2013 09:06 AM EST||
Concurrent (NASDAQ: CCUR), a global leader in multi-screen video delivery and media data intelligence solutions, today announced the successful field deployment of its MediaHawk VX™ unified content delivery network (CDN) solution at a top 5 North American multiple service operator in support of nationwide video on-demand (VOD) services. The customer selected Concurrent’s MediaHawk VX solution to more than double the number of titles available for on-demand playback.
MediaHawk VX combines IP CDN and traditional VOD technology to create a scalable and cost effective solution for expanding multi-screen content libraries. With support for both online and traditional video services, MediaHawk VX enables service providers to reach consumers on new screens, while also enhancing core TV services like VOD. Concurrent’s solution orchestrates communication with multiple VOD back office systems simultaneously, providing operators with a way to launch services across dispersed geographies without making changes to pre-existing architectures.
“As service providers consider how to invest their money, they have to decide whether to expand core TV services or focus on deploying next generation multi-screen services,” commented Jim Marino, Concurrent’s Senior Vice President of Global Sales. “Core TV services like VOD are generating revenue today, while online services promise to generate new revenue in the future. With our MediaHawk VX solution, operators can invest in one solution that supports both their current and future video requirements, making it a logical choice. We are excited to announce another new win with a major customer and to highlight an excellent example of the merits of our unified solution strategy.”
Concurrent’s MediaHawk VX unified CDN solution is employed by the world’s leading cable and telecommunications providers to support online video and traditional TV services. MediaHawk supports applications such as linear broadcast, video on demand, time shifted TV, and network DVR on any screen, delivered over any network. With embedded dynamic content adaptation features and media data intelligence tools, MediaHawk represents the world’s premier cross-service CDN solution.
Concurrent (NASDAQ: CCUR) is a global leader in video, media data intelligence and real-time Linux® solutions. Concurrent provides customers with transformative solutions to fuel their business beyond what was thought possible. Concurrent’s unified video delivery and media data intelligence solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, online media companies and satellite TV broadcasters to deliver revenue generating video services to consumers on any device, over any network. The world’s leading telecommunication and online media companies have selected Concurrent to provide the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent’s Emmy® award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent’s real-time Linux solutions are used to support applications in 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 28, 2012, 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.
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