Concurrent Announces a New Generation of Software for Its MediaHawk VX™
Unified Content Delivery Solution
Off-Network Video Streaming Features Enable Service Providers to Compete
Directly with Internet Based Over-The-Top Services
ATLANTA -- September 11, 2013
Concurrent (NASDAQ: CCUR), a global leader in multi-screen video delivery and
media data intelligence solutions,today announced a new generation of
software for its flagship content delivery solution, MediaHawk VX.
Concurrent’s latest software release enables operators to stream video content
over both private and public networks to reach consumers on every screen.
MediaHawk is a unified content delivery solution that has the ability to serve
consumers on multiple networks and client devices from the same platform to
provide an anytime, anywhere viewing experience. Pay TV service providers can
use Concurrent’s solution to deliver high quality, premium video services to
customers that roam outside of their local network. Improved support for
off-network delivery enables traditional operators to compete directly with
Internet based over-the-top (“OTT”) services such as Netflix®, Apple TV®,
Hulu®, and Amazon.com.®
“A growing number of consumers are viewing video content on a myriad of
devices using Internet based OTT services like Netflix,” said Bob Chism, CTO
for Concurrent. “Multi-channel video service providers can use our unified
content delivery solution to launch their own brand of services that reach
consumers beyond the boundaries of their own networks. Concurrent offers
service providers a distinct competitive advantage by enabling them to stream
video to every connected device OTT services can reach, while also supporting
delivery to classic televisions through the set-top boxes already present
inside consumers’ homes.”
According to Accenture’s “Video Over the Internet Consumer Survey,” 90 percent
of consumers globally now watch some video content over the Internet,
demonstrating the need for a simple, yet effective multi-screen delivery
solution. Concurrent’s unified video and media data intelligence solution
portfolio combines the power of true multi-screen video streaming with
universal video analytics, to deliver a comprehensive platform for the TV of
tomorrow. With unique features focused squarely on addressing large scale,
revenue generating service requirements, Concurrent’s MediaHawk VX is used to
support some of the world’s most demanding video applications.
Concurrent’s latest software for the MediaHawk VX solution, version 14.0, is
presently shipping.Existing customers can upgrade their currently deployed
systems to take advantage of these new capabilities.
Concurrent will be highlighting its latest technology at the 2013 IBC
Exhibition in Amsterdam (Sept 13-17) at booth (2.B31). For more information or
to schedule a demo, please visit: http://www.ccur.com.
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
multichannel video service providers have selected Concurrent to deliver 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. Visitwww.ccur.comfor further information.
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 (“SEC”) on August 28, 2012, and may be
discussed in subsequent periodic reports filed with the SEC. The risk factors
discussed in such Form 10-K and subsequently filed periodic reports 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 other Concurrent product names are trademarks or registered
trademarks of Concurrent, while all other product names are trademarks or
registered trademarks of their respective owners.
Kristen Bryant, (678) 258-4221
Lauren Nowicki, (646) 202-9783
Sandra Dover, (678) 258-4112
Press spacebar to pause and continue. Press esc to stop.