NASDAQ Comp.
|
01.04.2005 15:02:00
|
Concurrent Selected by EM Media to Provide Latest On-Demand Technology
Concurrent Selected by EM Media to Provide Latest On-Demand Technology for Korea Digital Television Market BSI Purchases EM Media VOD System Based on MediaHawk(R) On-Demand Technology and Increases Concurrent's Korean Market Leadership Position
Concurrent Computer Corporation (NASDAQ: CCUR), a worldwide leader of on-demand technology that is shaping the future of television, today announced that EM Media of Korea has chosen Concurrent as its Video-On-Demand (VOD) provider to deliver advanced digital television services to Korean broadband system operators, multiple system operators (MSOs), and digital media centers (DMCs) using MediaHawk(R) On-Demand products and technologies.
EM Media is a leading content aggregator serving the HFC cable market in Korea and will incorporate Concurrent's MediaHawk On-Demand Platform, MediaHawk Business Management System, and MediaHawk Video-On-Demand Thin Client as part of an integrated VOD system for the Korean digital television market. In addition to providing the MediaHawk-based VOD System, EM Media acts as the content aggregator for VOD content. Such on-demand content includes network personal video recorder (nPVR) services consisting of high-demand time-shifted Korean broadcast television dramas which are roughly equivalent to the US broadcast soap operas.
Concurrent announced that Broadband Solutions, Inc (BSI) of Korea has chosen the EM Media VOD System, increasing Concurrent's established leadership position in the Korean digital television market. BSI is at the forefront of the digital revolution in Korea, establishing itself as a full-service provider of digital content and delivery for system operators in the market. Operating one of the largest digital media centers (DMCs) in Korea with 1.6 million subscribers, BSI's services include aggregating digital video and managing the end-to-end infrastructure for the delivery of DTV broadcasting from the headend to the home. The Korea market represents a significant on-demand opportunity, with the Korean government initiating the deployment of digital cable television to between six and nine million households over the next several years. BSI began the field trial of on-demand services in calendar year 2004 and commercial deployment is scheduled for mid-2005.
"BSI is launching advanced on-demand services, including Subscription Video-On-Demand, swiftly to our Korean subscribers, and Concurrent's powerful technology, combined with its truly open architecture and integration capacity, incorporated by EM Media, gives us the ability to achieve this goal," said Chong-Ouk Kim, BSI Chief Executive Officer. "We look forward to continuing to build on this partnership with Concurrent, EM Media and the system operators to deliver the highest quality of digital services to this quickly emerging market. Concurrent's MediaHawk Platform provided an unequalled foundation as we prepared for this launch," he added.
"EM Media is excited to join both BSI and Concurrent in this broad delivery of digital on-demand services to the Korean market for the most innovative VOD consumer experience," said Joon Jang, Director of EM Media's VOD Business Division. "Concurrent's open platform simplified the integration with EM Media's content aggregation technology and provided a trusted foundation. Together, BSI, Concurrent and EM Media will usher in a new era of on-demand entertainment and programming in the Korean market over an industry-leading integrated solution that is poised for future growth."
"We are pleased to be working with BSI and EM Media as the digital revolution takes off in Korea, and to be awarded this recognition as having the on-demand platform of choice," said Gary Trimm, Concurrent President and Chief Executive Officer. "BSI's pioneering vision for digital services to their customers, combined with Concurrent's ability to deliver the latest in on-demand technology and commitment to open systems, integrated with EM Media's leading solution, creates a solid foundation to deliver the variety of content that will be enjoyed in the Korean market and moving forward toward an 'Everything-On-Demand' environment."
Concurrent's MediaHawk On-Demand Platform is the only widely deployed platform in the industry to completely separate streaming, storage and content ingest for three-dimensional scalability, and is a proven foundation for the delivery of the latest on-demand services, including Movies-On-Demand (MOD), Subscription VOD (SVOD), Free-On-Demand (FOD), Long-Format Advertising (LFA), Network-based Digital Video Recording (NDVR) and high-definition VOD (HDVOD), as well as exciting new on-demand applications and services. The Concurrent On-Demand Platform includes its proven hardware, extensive software, integration expertise and world-class customer service.
About Broadband Solutions Inc.
Broadband Solutions Inc. is a leading provider of broadband services such as digital cable TV, interactive TV and High Speed Internet Access Service to cable TV system operators in Asia. Broadband Solutions provides a comprehensive suite of media and network service, hosted DTV and interactive TV applications and services. Serving cable TV operators, BSI facilitates the swift and cost-effective deployment of enhanced services like interactive TV, video on demand, telephony, broadband Internet and "walled garden" content.
BSI engages best-of-breed technology partners to make the most economically compelling and technologically advanced solutions available to the Korean cable TV operators. Broadband Solutions Inc. is a Korean company, with headquarters in Seoul. For more information, visit http://www.bsiasia.com.
About Concurrent
Concurrent (www.ccur.com) is a global leader in providing digital on-demand systems to the broadband industry and real-time computer systems for industry and government. Concurrent's VOD systems are widely deployed worldwide by major broadband operators and provide a flexible, comprehensive, robust solution which is utilized within the domestic and international broadband cable, DSL, and IP-based markets. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies. Concurrent is also a leading provider of high-performance, real-time computer systems, solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition and process control for commercial and government markets. Concurrent has nearly four decades of experience in high-performance, on-demand, mission-critical solutions and provides its best of breed solutions through offices in North America, Europe, Asia, and Australia.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," "anticipates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments 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. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our financial condition or results of operations include, without limitation: our ability to keep our customers satisfied; availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials and inventories; the limited operating history of our video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate and predatory pricing pressures; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; the success of new products in both the VOD and ISD divisions; the success of our new initiative to penetrate opportunities with the U.S. government; the availability of Linux software in light of issues raised by SCO group; capital spending patterns by a limited customer base; and contract obligations that could impact revenue recognition.
Other important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 7, 2004 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.
Note to Editors: For additional company or product information from Concurrent, please contact Concurrent, 4375 River Green Parkway, Suite 100, Duluth, GA 30096. Call toll free in the U.S. and Canada at (877) 978-7363, fax (678) 258-4199. Readers can also access information through the company's Web site at www.ccur.com.
Concurrent Computer Corporation, its logo and MediaHawk are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.
--30--CK/at*
Business Editors
The National Show 2005
Booth #6064
ATLANTA--(BUSINESS WIRE)--April 1, 2005--
Concurrent Computer Corporation (NASDAQ: CCUR), a worldwide leader of on-demand technology that is shaping the future of television, today announced that EM Media of Korea has chosen Concurrent as its Video-On-Demand (VOD) provider to deliver advanced digital television services to Korean broadband system operators, multiple system operators (MSOs), and digital media centers (DMCs) using MediaHawk(R) On-Demand products and technologies.
EM Media is a leading content aggregator serving the HFC cable market in Korea and will incorporate Concurrent's MediaHawk On-Demand Platform, MediaHawk Business Management System, and MediaHawk Video-On-Demand Thin Client as part of an integrated VOD system for the Korean digital television market. In addition to providing the MediaHawk-based VOD System, EM Media acts as the content aggregator for VOD content. Such on-demand content includes network personal video recorder (nPVR) services consisting of high-demand time-shifted Korean broadcast television dramas which are roughly equivalent to the US broadcast soap operas.
Concurrent announced that Broadband Solutions, Inc (BSI) of Korea has chosen the EM Media VOD System, increasing Concurrent's established leadership position in the Korean digital television market. BSI is at the forefront of the digital revolution in Korea, establishing itself as a full-service provider of digital content and delivery for system operators in the market. Operating one of the largest digital media centers (DMCs) in Korea with 1.6 million subscribers, BSI's services include aggregating digital video and managing the end-to-end infrastructure for the delivery of DTV broadcasting from the headend to the home. The Korea market represents a significant on-demand opportunity, with the Korean government initiating the deployment of digital cable television to between six and nine million households over the next several years. BSI began the field trial of on-demand services in calendar year 2004 and commercial deployment is scheduled for mid-2005.
"BSI is launching advanced on-demand services, including Subscription Video-On-Demand, swiftly to our Korean subscribers, and Concurrent's powerful technology, combined with its truly open architecture and integration capacity, incorporated by EM Media, gives us the ability to achieve this goal," said Chong-Ouk Kim, BSI Chief Executive Officer. "We look forward to continuing to build on this partnership with Concurrent, EM Media and the system operators to deliver the highest quality of digital services to this quickly emerging market. Concurrent's MediaHawk Platform provided an unequalled foundation as we prepared for this launch," he added.
"EM Media is excited to join both BSI and Concurrent in this broad delivery of digital on-demand services to the Korean market for the most innovative VOD consumer experience," said Joon Jang, Director of EM Media's VOD Business Division. "Concurrent's open platform simplified the integration with EM Media's content aggregation technology and provided a trusted foundation. Together, BSI, Concurrent and EM Media will usher in a new era of on-demand entertainment and programming in the Korean market over an industry-leading integrated solution that is poised for future growth."
"We are pleased to be working with BSI and EM Media as the digital revolution takes off in Korea, and to be awarded this recognition as having the on-demand platform of choice," said Gary Trimm, Concurrent President and Chief Executive Officer. "BSI's pioneering vision for digital services to their customers, combined with Concurrent's ability to deliver the latest in on-demand technology and commitment to open systems, integrated with EM Media's leading solution, creates a solid foundation to deliver the variety of content that will be enjoyed in the Korean market and moving forward toward an 'Everything-On-Demand' environment."
Concurrent's MediaHawk On-Demand Platform is the only widely deployed platform in the industry to completely separate streaming, storage and content ingest for three-dimensional scalability, and is a proven foundation for the delivery of the latest on-demand services, including Movies-On-Demand (MOD), Subscription VOD (SVOD), Free-On-Demand (FOD), Long-Format Advertising (LFA), Network-based Digital Video Recording (NDVR) and high-definition VOD (HDVOD), as well as exciting new on-demand applications and services. The Concurrent On-Demand Platform includes its proven hardware, extensive software, integration expertise and world-class customer service.
About Broadband Solutions Inc.
Broadband Solutions Inc. is a leading provider of broadband services such as digital cable TV, interactive TV and High Speed Internet Access Service to cable TV system operators in Asia. Broadband Solutions provides a comprehensive suite of media and network service, hosted DTV and interactive TV applications and services. Serving cable TV operators, BSI facilitates the swift and cost-effective deployment of enhanced services like interactive TV, video on demand, telephony, broadband Internet and "walled garden" content.
BSI engages best-of-breed technology partners to make the most economically compelling and technologically advanced solutions available to the Korean cable TV operators. Broadband Solutions Inc. is a Korean company, with headquarters in Seoul. For more information, visit http://www.bsiasia.com.
About Concurrent
Concurrent (www.ccur.com) is a global leader in providing digital on-demand systems to the broadband industry and real-time computer systems for industry and government. Concurrent's VOD systems are widely deployed worldwide by major broadband operators and provide a flexible, comprehensive, robust solution which is utilized within the domestic and international broadband cable, DSL, and IP-based markets. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies. Concurrent is also a leading provider of high-performance, real-time computer systems, solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition and process control for commercial and government markets. Concurrent has nearly four decades of experience in high-performance, on-demand, mission-critical solutions and provides its best of breed solutions through offices in North America, Europe, Asia, and Australia.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," "anticipates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments 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. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our financial condition or results of operations include, without limitation: our ability to keep our customers satisfied; availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials and inventories; the limited operating history of our video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate and predatory pricing pressures; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; the success of new products in both the VOD and ISD divisions; the success of our new initiative to penetrate opportunities with the U.S. government; the availability of Linux software in light of issues raised by SCO group; capital spending patterns by a limited customer base; and contract obligations that could impact revenue recognition.
Other important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 7, 2004 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.
Note to Editors: For additional company or product information from Concurrent, please contact Concurrent, 4375 River Green Parkway, Suite 100, Duluth, GA 30096. Call toll free in the U.S. and Canada at (877) 978-7363, fax (678) 258-4199. Readers can also access information through the company's Web site at www.ccur.com.
Concurrent Computer Corporation, its logo and MediaHawk are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners.
--30--CK/at*
CONTACT: Concurrent, Atlanta Laurie Sillay Lahr, 678-258-4000 laurie.sillay.lahr@ccur.com
KEYWORD: GEORGIA TRACK INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS SOFTWARE NETWORKING TRADESHOW PRODUCT MARKETING AGREEMENTS SOURCE: Concurrent Computer Corporation
Copyright Business Wire 2005
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.