ATLANTA--(EON: Enhanced Online News)--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”
“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. 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.
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