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Concurrent Announces A New Generation Of Software For Its MediaHawk VX™ Unified Content Delivery Solution

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,” 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.

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