Concurrent Introduces Media Delivery Springboard
July 26 2017 - 11:34AM
Fully Featured Entry Level Video-on-Demand and
Live-Streaming Solutions for Cable Operators
ATLANTA, July 26, 2017 (GLOBE NEWSWIRE)
-- Concurrent (NASDAQ:CCUR), a global leader in storage,
protection, transformation and delivery of visual assets,
introduces today its new Media Delivery Springboard solutions, a
cost-effective means for small and medium-sized independent cable
operators to ingest, store, transform and deliver video-on-demand
(VOD) and live-streaming content.
Traditional content delivery networks come with
high start-up costs, which present a challenge for small and
mid-size operators that may lack the necessary capital to invest in
large-scale infrastructure. Concurrent's new Media Delivery
Springboard helps independent cable operators with smaller budgets
and limited resources remain competitive with an entry-level video
delivery solution requiring minimal infrastructure
investment.
There are three options available, including a VOD
solution for QAM-based set-top boxes, a VOD and live-streaming
solution for IP devices and a content delivery network solution
that supports both QAM and IP devices. Each one offers
comprehensive services and provides the ability to scale as
capacity requirements grow.
"The Media Delivery Springboard provides
unparalleled value for independent cable operators without
compromising on quality," said Scott Ryan, Concurrent's Sr. Vice
President of Products and Chief Marketing Officer. "We're proud to
equip these operators with a premium-grade revenue-generating
platform for the advanced services their customers
desire."
The solutions provide a seamless migration path for increasing
services and storage as operator subscriber bases grow. Embedded
content adaptation features such as Just-In-Time Packaging, dynamic
DRM encapsulation, and manifest manipulation provide video service
operators a feature-rich solution with uncompromising performance,
scale and multi-service capabilities.
Media Delivery Springboard is fully supported by
Concurrent's 24/7 support team and software troubleshooting
capabilities, including application logging for key events and
remote support for troubleshooting, maintenance and software
upgrades.
About Concurrent
Concurrent (NASDAQ:CCUR) is a global software and solutions company
that develops advanced applications focused on storing, protecting,
transforming, and delivering high value media assets. We serve
industries and customers that demand uncompromising performance,
reliability and flexibility to gain a competitive edge, drive
meaningful growth and confidently deliver best-in-class solutions
that enrich the lives of millions of people around the world every
day. Offices are located in North America, Europe and Asia.
Visit www.concurrent.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 federal
securities laws. Statements regarding future events and
developments and a company's future performance, including, but not
limited to, management's expectations, beliefs, plans, estimates,
or projections relating to the future, are forward-looking
statements within the meaning of these laws. All forward-looking
statements are subject to certain risks and uncertainties that
could cause actual events to differ materially from those
projected.
Important risk factors include,
but are not limited to, Concurrent's ability to reinvest the net
proceeds from the sale of its Real-Time segment in a manner that
Concurrent believes will generate an adequate return to its
remaining business and the risk factors discussed in Concurrent's
Form 10-K filed August 30, 2016 with the Securities and Exchange
Commission ("SEC"), and in subsequent filings of periodic reports
with the SEC. The risk factors discussed in the Form 10-K and
subsequently filed periodic reports under the heading "Risk
Factors" are specifically incorporated by reference in this press
release. Forward-looking statements are based on current
expectations and speak only as of the date of such statements.
Concurrent undertakes no obligation to publicly update or revise
any forward-looking statement, whether as a result of future
events, new information, or otherwise.
All Concurrent product names and
its logo are trademarks or registered trademarks of Concurrent
Computer Corporation while all other product names are trademarks
or registered trademarks of their respective owners.
For more information, contact:
Media Relations:
Heather Graham
404-214-0722 X 103
hgraham@trevelinokeller.com
Investor Relations:
Doug Sherk
(415) 652-9100
dsherk@evcgroup.com
Todd Kehrli
(310) 625-4462
tkehrli@evcgroup.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Concurrent Computer Corporation via
Globenewswire
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