ATLANTA, Feb. 21, 2011 /PRNewswire/ -- Concurrent (Nasdaq: CCUR), a global leader in video and media data and advertising solutions, will be demonstrating an innovative commercial video application for exchanging personal video content at this year's CableLabs® Winter Conference. During the conference, which runs February 28 – March 1, 2011 in Atlanta, Georgia, Concurrent will enable users to record and upload personal video content from a mobile phone to Concurrent's cloud hosted i2TV platform. Using the i2TV solution, users can define video sharing profiles and make content available to friends and family for on-demand playback on a variety of consumer devices, including traditional set-top boxes, personal computers, and mobile phones. As a cloud hosted service and an open system, Concurrent's i2TV solution allows video content to be shared across service providers, enabling subscribers to connect with other i2TV users around the globe.
"Personal video sharing is the first of a new generation of video applications Concurrent is enabling with our cloud based i2TV solution," said James Brickmeier, VP of Concurrent's video solutions for cable and telecommunications providers. "Personal video sharing leverages Concurrent's strengths in video ingestion, delivery, media data collection, and advertising. We believe our i2TV cloud hosted solutions offer operators a way to generate new revenue from TV based services as well as differentiate their multi-screen service offering from a growing array of competitors without the need for expensive infrastructure upgrades."
Concurrent's i2TV system is a cloud-based, online video platform that enables premium content, user-generated content (UGC),and "Best of the Web" content, as well as hyper-local and national advertising content to be ingested and delivered to any device as linear broadcast or VOD programming. i2TV serves as a foundation for next generation video applications targeted at service provider and content provider markets.
Concurrent (Nasdaq: CCUR) 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 patented, Emmy® 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 August 31, 2010, 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.
CableLabs is a trademark of Cable Television Laboratories, Inc. A product or technology demonstration at a CableLabs event does not represent a CableLabs endorsement of that product or technology.