Synacor Taps thePlatform for Video Publishing Expansion Efforts
March 03 2015 - 7:02AM
Synacor Inc.
(Nasdaq:SYNC)
, the trusted technology development,
multiplatform services and revenue partner for video, Internet and
communications providers, and device manufacturers, and
thePlatform, the leading white-label video publishing company and
independent subsidiary of Comcast, today announced a new
cooperative relationship as part of Synacor's expanding end-to-end
advanced video offering, serving TV programmers, operators and
other major media companies.
Specifically, Synacor's integrated solutions for its customers
will include access to the thePlatform's back-end video management
system, mpx, for multiscreen video workflow, policy management, and
playback services. Using mpx, Synacor's customers will gain access
to a highly scalable, flexible, and enterprise-grade video
publishing system to support their expanding video businesses.
thePlatform's newly added capabilities will work in tandem with
Synacor's next-gen Startpage offering, "PowerPlay" Search &
Discovery/Metadata platform, award-winning Cloud ID Authentication
services, and Synacor's recently acquired live linear technology
from NimbleTV.
"On behalf of our customers, Synacor is committed to providing
subscribers with the most robust and versatile video solutions
available, across any screen," said Himesh Bhise, CEO of Synacor.
"Leveraging thePlatform's mpx system will enable us to meet the
dynamic and evolving needs of our customers in bold new ways. As
operators and content providers develop their next-gen video
strategies, we're confident that Synacor will play a critical role
behind-the-scenes to make them a success."
"thePlatform and Synacor both recognize the transformational
changes occurring across the industry, and are committed to meeting
the market's rapidly increasing demands," said Marty Roberts,
co-CEO of thePlatform. "We are very proud that mpx was selected to
support Synacor's escalating efforts, and look forward to helping
them provide industry-leading video services to their customers
across any screen."
Additional details about the new agreement were not disclosed.
More information about Synacor is available at www.Synacor.com.
Additional information about thePlatform is available at
www.thePlatform.com.
About thePlatform
thePlatform™ is the leading white-label video management and
publishing company. Media companies rely on thePlatform as their
open, central hub for managing, monetizing, and syndicating
billions of professionally produced video views annually. The
company's services provide unmatched versatility for designing and
supporting video businesses on PCs, mobile, and TV. Customers
include: A+E Networks, Bell Media, BT, Cablevision, CBC, CBS,
Comcast, Cox Communications, E!, Engage Sports Media, the Golf
Channel, Fox Sports, HIT Entertainment, Liberty Global, LSDLive,
NBC Local Media, NBC Sports, Outdoor Channel, Oxygen, Rogers, Shaw
Media, Style, Syfy, Telstra, Time Warner Cable, Travel Channel
Media, truTV, USA Network, Viaplay, and numerous others. With more
than a decade history of service, thePlatform is an independent
subsidiary of Comcast based in Seattle, Wash. For more information:
www.thePlatform.com.
About Synacor
Synacor (Nasdaq:SYNC) is the trusted technology development,
multiplatform services and revenue partner for video, Internet and
communications providers, and device manufacturers. We deliver
modern, multiscreen experiences and advertising to their consumers
that require scale, actionable data and sophisticated
implementation. www.synacor.com
Forward-Looking Statements
This release includes certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements are based on the current expectations or
beliefs of management of Synacor, and are subject to uncertainty
and changes in circumstances. Actual results may vary materially
from those expressed or implied by the statements herein due to
changes in economic, business, competitive, technological and/or
regulatory factors, and other factors affecting the operation of
the respective businesses of Synacor. More detailed information
about these factors may be found under the captions "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition
and Results of Operations," in Synacor's annual report on Form 10-K
for the year ended December 31, 2013, which is available on the
company's website at investor.synacor.com and on the SEC's website
at www.sec.gov. Synacor is under no obligation to, and expressly
disclaims any such obligation to, update or alter their respective
forward-looking statements, whether as a result of new information,
future events, or otherwise.
The Synacor logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=11609
CONTACT: Meredith Roth, VP, Corporate Communications
Synacor
mroth@synacor.com
716-362-3880
For thePlatform
Jeremy Pemble of JLM Partners
Jeremy@jlmpartners.com
206-381-3600 or
Renee Burch of JLM Partners
Renee@jlmpartners.com
206-381-3600
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