Concurrent (NASDAQ:CCUR), a global leader in multi-screen video delivery and media data intelligence software solutions, today announced the launch of multi-screen start-over services at a top-tier European Cable MSO using Concurrent’s MediaHawk VX™ unified content delivery solution. Concurrent’s software-based streaming solution enables consumers to pause, rewind, and fast-forward live broadcast video programming on a wide array of IP connected devices. Using Concurrent’s solution, live video content is cached in the network as it is being streamed. Content is stored for a set duration to provide a rolling time-shifted playback window. During this window, consumers can watch and interactively control content playback on any of their connected devices. Unlike traditional DVR technology, which relies on storage embedded in the consumer device, Concurrent’s unified content delivery solution caches content in the network. By alleviating the need for storage in the consumer device, a wider array of devices and a larger audience can use time-shifted TV services. The cost advantages of network based recording services are numerous, including a reduction in the aggregate amount of storage required to support the service, decreased system complexity, simplified maintenance and fewer truck rolls. “Network based time-shifted TV services are a great way for service providers to deliver premium pay TV functionality to a new array of smart TVs, streaming media consoles, and mobile devices,” said James Brickmeier, Senior Vice President of Strategic Marketing. “By offering more control over live content and a better overall user experience, service providers can attract more subscribers and cater to those of us who watch more video on our second and third screen devices than we do on our home TV. Pay TV operators are in a unique position to capitalize on the growing demand for online streaming services and Concurrent is delivering the functionality they need to reach customers on a whole new set of screens.”
Concurrent’s unified content delivery solution supports video delivery to any device, over any network. The company recently announced a variety of products and feature enhancements focused on the IP-CDN market, including an intelligent request router and content delivery solutions for cloud based deployment environments. Concurrent continues to expand its portfolio of intellectual property related to IP video technologies and has announced two new IP video patents in the past six months.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 September 17, 2013, 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. Concurrent product names are trademarks or registered trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.