SAN JOSE, Calif., April 16, 2020 /PRNewswire/ -- The current
global health crisis has given rise to rapid growth in network
traffic, resulting in strain across global broadband networks. In
order to address the recent surge and to support its many customers
during these unprecedented times, Harmonic (NASDAQ: HLIT) today
announced it will provide its EyeQ™ content-aware encoding (CAE)
technology free for the next 90 days to help alleviate the current
network constraints.
Harmonic's EyeQ technology leverages artificial intelligence to
reduce streaming congestion on broadband networks by up to 50%
without impacting quality. It serves as a highly effective tool to
combat the recent surge and a step above recently utilized methods
such as resolution and bit rate reductions. EyeQ CAE is available
on all Harmonic media processors, through a software license, and
the VOS®360 Live Streaming Platform.
"Due to the nearly global lockdown, the demand for high-quality
streaming services has exploded and as such has led to excessive
constraints on broadband networks. Adding our EyeQ technology to
the mix can greatly decrease bandwidth consumption for high-quality
video and alleviate strain on local and national broadband
networks," said Shahar Bar, senior
vice president, video products and corporate development at
Harmonic. "By offering free licenses for the expected lockdown
timeframes, Harmonic is providing an effective tool to help both
media companies and broadband networks alike."
Harmonic will highlight its EyeQ CAE technology through Live
Connection, a 30-day virtual showcase highlighting Harmonic's
latest video streaming innovations. The online interactive series
will shine light on the powerful benefits of Harmonic's software
solutions and cloud-based platforms providing increased agility,
flexibility, efficiency and continuity to meet the growing consumer
demand for streaming and broadcast services. To register for the
Harmonic Live Connection virtual showcase, please visit
live.harmonicinc.com.
Further information about Harmonic and the company's solutions
is available at www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide
leader in virtualized cable access and video delivery solutions,
enables media companies and service providers to deliver
ultra-high-quality video streaming and broadcast services to
consumers globally. The company revolutionized cable access
networking via the industry's first virtualized cable access
solution, enabling cable operators to more flexibly deploy gigabit
internet service to consumers' homes and mobile devices. Whether
simplifying OTT video delivery via innovative cloud and software
platforms, or powering the delivery of gigabit internet cable
services, Harmonic is changing the way media companies and service
providers monetize live and on-demand content on every screen. More
information is available at www.harmonicinc.com.
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements
concerning Harmonic's business and the anticipated capabilities,
advantages, reliability, efficiency, market acceptance, market
growth, specifications and benefits of Harmonic products, services
and technology are forward-looking statements. These statements are
based on our current expectations and beliefs and are subject to
risks and uncertainties, including the risks and
uncertainties more fully described in Harmonic's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-K for the year ended Dec.
31, 2019, its Quarterly Reports on Form 10-Q and its Current
Reports on Form 8-K. The forward-looking statements in this press
release are based on information available to Harmonic as of the
date hereof, and Harmonic disclaims any obligation to update any
forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned
by Harmonic Inc. or its affiliates. All other trademarks referenced
herein are the property of their respective owners.
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SOURCE Harmonic Inc.