Concurrent (NASDAQ:CCUR), a global leader in video and media data intelligence solutions, has partnered with ZON Multimedia to launch multi-screen network digital video recording services using Concurrent’s MediaHawk VX™ unified content delivery solution. ZON, Portugal’s leading pay TV operator and the country’s second largest Internet provider, has enhanced their IRIS ™ multi-screen video service offering with advanced network-based digital video recording features. ZON’s IRIS solution offers customers a uniform, graphically rich video navigation experience on a variety of consumer electronic devices, including televisions, personal computers, iPads ®, and iPhones ®. Branded as Timewarp ™, ZON’s video catch up service allows consumers to record any live TV program on more than 70 channels and view it up to seven days after airing. Users can record multiple channels simultaneously and playback recorded programs on-demand at their convenience. “ZON is launching a first of a kind service in the region and we are proud to be working with Concurrent on this pioneering effort,” said, José Pascoal, head of planning, engineering and services architecture at ZON. “With Concurrent, we have expanded our IRIS services beyond traditional TV services, to provide multi-screen services, and now a seven day catch-up service, in order to better serve our customers. The success of our Timewarp product demonstrates that customers want innovative video services that offer a consistent and compelling user experience across screens.” ZON uses Concurrent’s MediaHawk VX unified content delivery solution and intelligent video archival software to record and cost effectively store video programming in the network. Archived programming can be accessed by consumers on their own schedule and viewed on a wide variety of consumer electronics devices. In addition to enhancing the competitiveness of ZON’s market leading multi-screen video service offering, Concurrent’s MediaHawk VX solution allows ZON to reduce expenditures on expensive, maintenance intensive set-top box DVRs. Maintenance costs are lowered by positioning storage in the service provider’s facility rather than the consumer’s home, making the system easier to service and upgrade. Concurrent’s solution is modular and scalable, enabling ZON to progressively increase the recording, storage, and streaming capacity of the Timewarp service over time to satisfy growing consumer demand for the new service.
“Network DVR takes advantage of our unique unified approach to video delivery which builds upon our deep experience in on-demand, time shifted TV, and multi-screen video solutions,” said Dan Mondor, President and CEO of Concurrent. “Using our MediaHawk VX solution, ZON has successfully launched cloud based video services across multiple screens in a way that they can be more easily managed, scaled, and enhanced to consistently improve the consumer experience. We are excited to be partnering with ZON as they introduce their customers to a new way of watching television.”Concurrent’s solutions are provided to ZON through Satcab, a leading system integrator and distributor of professional broadband and broadcast equipment in Portugal. About ZON Multimedia ZON TVCabo is the leader of the Portuguese Pay TV market and one of the largest European operators. With around 1.6 million customers, it is also the largest Triple Play operator (TV, Broadband Internet and Fixed Telephony) in Portugal. ZON TVCabo operates the largest national Next Generation Network, reaching over three million homes. It´s also the second largest internet and fixed voice provider with 805,000 and 989,000 customers, respectively, at the end of the second quarter of 2013 and the only operator growing in the fixed voice market. Its digital satellite platform has nationwide coverage. ZON TVCabo is a subsidiary of ZON OPTIMUS SGPS, which is listed on the PSI-20, the main Portuguese stock index. About Concurrent Concurrent (NASDAQ:CCUR) is a global leader in video, media data intelligence and real-time Linux ® solutions. Concurrent provides customers with transformative solutions to fuel their business beyond what was thought possible. Concurrent’s unified video delivery and media data intelligence solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, online media companies and satellite TV broadcasters to deliver revenue generating video services to consumers on any device, over any network. The world’s leading multichannel video service providers have selected Concurrent to deliver the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent’s Emmy ® award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent’s real-time Linux solutions are used to support applications in the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information. 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 the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements include, among others, statements regarding our products and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals. Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on August 28, 2012, and may be discussed in subsequent periodic reports filed with the SEC. The risk factors discussed in such Form 10-K and subsequently filed periodic reports under the heading “Risk Factors” are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise. Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All other Concurrent product names are trademarks or registered trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.