Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

ZON Multimedia Deploys Concurrent’s MediaHawk VX™ Unified Content Delivery Solution for Multi-Screen Network DVR



  ZON Multimedia Deploys Concurrent’s MediaHawk VX™ Unified Content Delivery
  Solution for Multi-Screen Network DVR

        ZON and Concurrent move digital video recording into the cloud

Business Wire

ATLANTA -- September 16, 2013

Concurrent (NASDAQ:CCUR), a global leader in video and media data intelligence
solutions, has partnered with ZON Multimedia to launch multi-screen network
digital video recording services using Concurrent’s MediaHawk VX™ unified
content delivery solution.

ZON, Portugal’s leading pay TV operator and the country’s second largest
Internet provider, has enhanced their IRIS^™ multi-screen video service
offering with advanced network-based digital video recording features. ZON’s
IRIS solution offers customers a uniform, graphically rich video navigation
experience on a variety of consumer electronic devices, including televisions,
personal computers, iPads^®, and iPhones^®. Branded as Timewarp^™, ZON’s video
catch up service allows consumers to record any live TV program on more than
70 channels and view it up to seven days after airing. Users can record
multiple channels simultaneously and playback recorded programs on-demand at
their convenience.

“ZON is launching a first of a kind service in the region and we are proud to
be working with Concurrent on this pioneering effort,” said, José Pascoal,
head of planning, engineering and services architecture at ZON. “With
Concurrent, we have expanded our IRIS services beyond traditional TV services,
to provide multi-screen services, and now a seven day catch-up service, in
order to better serve our customers. The success of our Timewarp product
demonstrates that customers want innovative video services that offer a
consistent and compelling user experience across screens.”

ZON uses Concurrent’s MediaHawk VX unified content delivery solution and
intelligent video archival software to record and cost effectively store video
programming in the network. Archived programming can be accessed by consumers
on their own schedule and viewed on a wide variety of consumer electronics
devices. In addition to enhancing the competitiveness of ZON’s market leading
multi-screen video service offering, Concurrent’s MediaHawk VX solution allows
ZON to reduce expenditures on expensive, maintenance intensive set-top box
DVRs. Maintenance costs are lowered by positioning storage in the service
provider’s facility rather than the consumer’s home, making the system easier
to service and upgrade. Concurrent’s solution is modular and scalable,
enabling ZON to progressively increase the recording, storage, and streaming
capacity of the Timewarp service over time to satisfy growing consumer demand
for the new service.

“Network DVR takes advantage of our unique unified approach to video delivery
which builds upon our deep experience in on-demand, time shifted TV, and
multi-screen video solutions,” said Dan Mondor, President and CEO of
Concurrent. “Using our MediaHawk VX solution, ZON has successfully launched
cloud based video services across multiple screens in a way that they can be
more easily managed, scaled, and enhanced to consistently improve the consumer
experience. We are excited to be partnering with ZON as they introduce their
customers to a new way of watching television.”

Concurrent’s solutions are provided to ZON through Satcab, a leading system
integrator and distributor of professional broadband and broadcast equipment
in Portugal.

About ZON Multimedia

ZON TVCabo is the leader of the Portuguese Pay TV market and one of the
largest European operators. With around 1.6 million customers, it is also the
largest Triple Play operator (TV, Broadband Internet and Fixed Telephony) in
Portugal. ZON TVCabo operates the largest national Next Generation Network,
reaching over three million homes. It´s also the second largest internet and
fixed voice provider with 805,000 and 989,000 customers, respectively, at the
end of the second quarter of 2013 and the only operator growing in the fixed
voice market. Its digital satellite platform has nationwide coverage.

ZON TVCabo is a subsidiary of ZON OPTIMUS SGPS, which is listed on the PSI-20,
the main Portuguese stock index.

About Concurrent

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. Visit www.ccur.com for 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.

Contact:

Media:
Concurrent
Kristen Bryant, 678-258-4221
kristen.bryant@ccur.com
or
Horn Group
Lauren Nowicki, 646-202-9783
lauren.nowicki@horngroup.com
or
Investor Relations:
Concurrent
Sandra Dover, 678-258-4112
investor.relations@ccur.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement