ATLANTA – February 25, 2013 – 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.
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 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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