NASDAQ OMX

Concurrent Introduces Media Delivery Springboard

26.7.2017 17:34 | NASDAQ OMX

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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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