DULUTH, Ga. and ROCKY HILL, N.J., April 11, 2016 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a global provider of content delivery, high-performance Linux® and storage solutions and igolgi, a provider of high-quality media transformation solutions, have announced that they will be demonstrating an integrated content delivery solution targeted at broadcasters and Internet streaming providers at the upcoming NAB show in Las Vegas, Nevada, April 16-20, 2016. Concurrent and igolgi's joint solution makes it easier for customers to launch direct-to-consumer video streaming services over the public Internet by combining encoding, transcoding, just-in time packaging, digital rights management, scale-out storage, and streaming into a simple, cost effective solution offering.
"Broadcasters, content owners, and Internet service providers are increasingly interested in launching direct-to-consumer video streaming services that can generate new revenue and increase brand awareness," said James Brickmeier, CMO and GM of Concurrent's Content Delivery Solutions business. "Concurrent and igolgi have worked together to simplify the content workflow and system configuration process, making it easier for customers to quickly launch new services like live streaming, video-on-demand, and cloud-based digital video recording."
"Concurrent is a natural partner for us to extend our video processing solutions and create a complete end-to-end OTT delivery platform. With our joint solution offering, content ingestion, storage, processing and delivery is greatly simplified and the power of our pure software-based platform will be a key advantage for anyone deploying advanced services in the cloud," said Kumar Ramaswamy, President of igolgi.
The showcased solution employs igolgi's 100% software-based transcoding platform and advanced codec to process live and file based content, create adaptive bit rate bundles, and publish them automatically to Concurrent's UpShift™ Unified Origin Server. Concurrent's origin server supports just-in-time repackaging and DRM encapsulation of HTTP adaptive bit rate content, enabling video to be streamed simultaneously to many different viewing devices over public or private content delivery networks (CDNs). As a software-based solution, the system is cloud-native, scalable, and fully upgradable, enabling customers to introduce features like 4K, 8K, and high dynamic range (HDR) as required to meet future requirements.
Stop by booth SU13002 at the NAB show to learn more about Concurrent and igolgi's solution portfolios.
Concurrent (NASDAQ: CCUR) is a global software and solutions company that develops advanced applications on a core foundation of high performance Linux and storage technologies. We serve industries and customers that demand uncompromising performance, reliability and flexibility to gain a competitive edge, drive meaningful growth and confidently deliver best-in-class solutions that enrich the lives of millions of people around the world every day.
igolgi Inc. is a disruptive software company that has developed next generation video workflow solutions to enable multi-format, multi-platform content processing and distribution across broadcast, broadband and mobile networks. Using off-the-shelf Intel multi-core servers and sophisticated compression algorithms, igolgi has designed high-quality 100% software products and solutions that scale very cost-effectively.
For more information visit: www.igolgi.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 developments and the company's future performance, including, but not limited to, management's 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.
Other important risk factors are discussed in Concurrent's Form 10-K filed August 26, 2015 with the Securities and Exchange Commission ("SEC"), and in subsequent filings of periodic reports with the SEC. The risk factors discussed in the Form 10-K and subsequently filed periodic reports under the heading "Risk Factors" are specifically incorporated by reference in this press release. Forward-looking statements are based on current expectations and speak only as of the date of such statements. Concurrent undertakes 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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