ATLANTA – February 13, 2013 - Concurrent (NASDAQ: CCUR), a global leader in multi-screen video solutions and media data intelligence, today announced it has been ranked as the leader in video servers by independent research firm Current Analysis. In the firm’s latest On-Demand Video Servers Product Assessment, Concurrent’s MediaHawk VX™ Unified Video Solution compared favorably to competing systems from Cisco, Edgeware, ARRIS, and Harmonic.
The assessment highlights Concurrent’s MediaHawk VX’s leadership among on-demand video servers in scalability, reliability, functionality, green design and market traction. Current Analysis cited Concurrent’s high stream density, automated fault resilience features, and multiscreen video functionality as reasons for its top ranking. With respect to multi-screen support, features such as integrated dynamic content repackaging and support for open CDN interface standards such as ATIS IIF, were highlighted as key differentiators.
“On-demand video servers are enabling cable operators to adapt to changing subscriber consumption behaviors by supporting requirements for performance, scale and the monetization of video consumption across the growing multi-screen market,” said Ron Westfall, Research Director, Service Provider Infrastructure, of Current Analysis. “In our close evaluation of on-demand video servers, we found Concurrent provides a differentiated approach to video delivery and can uniquely invoke a performance benefit over rivals by offering superior and differentiated accuracy, scalability and military-grade guarantees of performance to its customers.”
With more than 2.4 million streams shipped worldwide, Concurrent’s MediaHawk is the world’s leading unified video server solution. MediaHawk VX features simultaneous support for traditional TVs and Internet-connected devices in one easy-to-use system.
“We are excited that Current Analysis has once again recognized our market leading position in the highly competitive video server marketplace.” said Dan Mondor, president and CEO of Concurrent. “We are acutely focused on the challenges facing our customers as they launch new multi-screen services. Our unified video and media data solutions are designed to make it easier for operators to expand existing services, launch new services, and reach any device, over any network with revenue generating video. We consider our top ranked position with Current Analysis to be a validation of our hard work and a testament to the strength of our video server portfolio.”
For more information about Concurrent’s MediaHawk VX product, please visit our website.
Concurrent (NASDAQ: CCUR) is a global leader in multi-screen 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 enable cable MSOs, fixed-line and mobile telecommunications providers, and Internet CDN operators to deliver revenue-generating video services to consumers on any device, over any network. The world’s leading service operators and online video providers 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.
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