LOS ANGELES, May 3, 2010 /PRNewswire via COMTEX/ -- "Content is king in a media everywhere world," stated Dan Mondor, president and CEO of Concurrent. "And offering new ways to access content will help drive subscriber growth and create additional revenue opportunities. Concurrent's technology was developed to help operators, content providers and advertisers connect their ecosystems to capitalize on the new multimedia distribution models coming to life."
Concurrent /quotes/comstock/15*!ccur/quotes/nls/ccur (CCUR 5.51, -0.14, -2.48%) , a worldwide leader in video and media data and advertising solutions, is showcasing its award-winning technology for a multi-screen consumer video experience at the Cable Show 2010, running from May 11-13 in Los Angeles, California. The company will be demonstrating its innovative video solutions that enable operators to bring high-quality, commercial video to the television, personal computer and mobile device, as well as, the software solutions necessary for census-level data collection and advanced advertising.
Consumers are watching more and more video. The average American watches almost thirty-five hours of TV, two hours of time-shifted TV, twenty-two minutes of online video and four minutes of mobile video each week according to the latest Nielsen Three-Screen Report. At this year's NCTA Cable Show, Concurrent-booth 621 will showcase the latest solutions in its multi-screen video delivery and monetization portfolio that meet this growing demand for commercial video on every screen:
MediaHawkVX - a commercial video delivery solution enabling new revenue-producing video applications for TV, PC and mobility enabling the distribution of content to multiple devices from a single, unified platform.
Media Data Solutions including Concurrent's source agnostic multi-screen data management platform, featuring a first-of-its-kind cross-service solution spanning VOD, linear TV, DVR and interactive TV service platforms
Advanced interactive TV and advertising applications powered by census-level media data.
Hosted, software as a service (SAAS) based applications for video delivery and data collection.
Concurrent's innovative Video to TV, Video to PC, and Video to Mobile software modules are designed to support a new generation of commercial applications such as network DVR and 3-D VOD that can increase video related revenue.
Concurrent's source system agnostic media data solution is designed to resolve the complex problems associated with the timely and accurate aggregation, management, and warehousing of viewership data across VOD, Linear, DVR, iTV, Web and Mobile platforms. Offered as a managed service, this solution provides a foundation for interactive television and advertising applications, as well as, comprehensive capabilities in census-level, multi-platform data aggregation and management.
This data management ecosystem allows an operator's marketing, programming and advertising teams to identify new opportunities for revenue growth such as advanced advertising and data monetization.
Concurrent has 205 distinct video systems deployed in cable and telecom markets worldwide that represent approximately 22 million basic cable subscribers. The company's MDAS software serves over 38 million digital subscribers and aggregates and analyzes data from over 700 million video transactions per month.
About Concurrent
Concurrent /quotes/comstock/15*!ccur/quotes/nls/ccur (CCUR 5.51, -0.14, -2.48%) is a global leader in innovative solutions that enable the seamless delivery, management and monetization of video on any screen. Built on a solid foundation of video firsts and Emmy(R) Award winning technology, Concurrent's screen-independent video delivery and media data solutions create a truly holistic, 360-degree view of the consumer video experience. By harnessing the full potential of video, Concurrent provides customers in the cable, telco, wireless, web, advertising and content development industries with new revenue opportunities such as advanced advertising. Concurrent's video solutions are built upon a rich heritage of high-performance real-time technology, which also powers solutions for the defense, aerospace, automotive and financial industries.
Concurrent is a global company with offices in North America, Europe and Asia. For more information, please visit www.ccur.com.
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 on 28 August 2009, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K 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, Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All other Concurrent product names are trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.
SOURCE Concurrent via Marketwatch
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