Concurrent (NASDAQ: CCUR), a global leader in video and media data solutions, today announced Virgin Media, the largest quad-play provider of broadband Internet, television, mobile and fixed line telephony services in the United Kingdom, has selected Concurrent’s MediaHawk VX™ unified content delivery network solution to support video services to IP connected devices.
Virgin Media will use Concurrent’s MediaHawk® technology to support Virgin TV Anywhere, a new cloud-based entertainment service that gives customers the flexibility to enjoy their favorite TV content on computers, laptops, tablets and smartphones. Concurrent enables Virgin Media to reach multiple devices using a common software solution and content delivery architecture. MediaHawk supports a wide variety of video applications, including linear broadcast, video on-demand, time-shifted TV and network DVR. With its embedded eFactor content workflow features, MediaHawk simplifies multi-screen content delivery and reduces operational costs by adapting source content on-the-fly to satisfy the requirements of each target device.
“With Virgin TV Anywhere, Virgin Media is helping our customers enjoy compelling entertainment whenever they want, wherever they are. We continue to grow the services we offer and, with Concurrent’s solution, we can reach new screens more easily and rapidly scale our system to meet increasing demand for Internet-based services,” said Scott Kewley, Virgin Media’s Director, Multi-Screen Product. “Concurrent’s unified solution was a great fit for us given the wide range of services we offer. We are committed to offering our customers a compelling experience on every screen and we are excited to be working with Concurrent to achieve our goals.”
Concurrent adds Virgin Media to a growing list of high profile customers in Europe, which includes Kabel Deutschland in Germany, ZON Multimedia in Portugal, Telefonica in Spain, and Vectra in Poland.
“We are proud to be working with Virgin Media to deliver innovative multi-screen video services to consumers,” said Jim Marino, Senior Vice President of Sales for Concurrent. “Concurrent’s strategy has been to provide operators with solutions that make it easier to launch new applications on any screen. The selection of our technology by Virgin Media is a key milestone in our progression, highlighting the strength of our technology, the success of our continued market expansion, and our commitment to winning new marquee accounts around the globe.”
For more information on Concurrent’s MediaHawk VX unified content delivery solution, please visit our website.
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 telecommunication and online media companies have selected Concurrent to provide 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 and 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 on August 28, 2012, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K and subsequent SEC filings 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.
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