ATLANTA, Oct. 22 /PRNewswire-FirstCall/ -- Concurrent , a worldwide leader in video and media data and advertising solutions, is showcasing its award-winning technology for a three-screen consumer video experience at SCTE Cable-Tec, running from October 28-30 in Denver, Colorado. The company will be demonstrating its video solutions that enable broadband operators to bring high-quality video to the television, personal computer and mobile device, as well as the software necessary for census-level data collection and advanced advertising.
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Today's consumers are not watching less television, they are watching more. According to a September 2009 TV Pulse Survey, 78 percent of individuals under 35, and more than 50 percent of those over 35 planned to use technologies such as video-on-demand, DVRs and the Internet to watch their favorite fall primetime programs, while 81 percent of respondents said they are turning to time-shifting technologies to complement their live television viewing. Mobile video is also gaining significant traction. The Nielson Three Screen Report for the second calendar quarter of 2009 reports that the mobile video audience increased 70% from last year.
"Consumers today have more choices than ever about when and where to access video content and are actively exploring ways to complement their traditional television viewing," stated Dan Mondor, president and CEO of Concurrent. "Concurrent's technology helps broadband operators create compelling video applications and high-quality content experiences, accessible across multiple devices; these are differentiating services that drive subscriber growth and create new revenue opportunities."
Multi-screen delivery poses the additional challenge of collecting and correlating disparate viewership and operational data to provide a true, 360-degree view of the consumer experience. By extending our Media Data and Advertising Solutions (MDAS) to encompass online, television, DVR and on-demand video consumption, Concurrent will be providing the first complete, intelligent solution for collecting and correlating data from these disparate sources. This advanced data management will allow an operator's marketing, programming, advertising and operations teams to identify new opportunities for revenue growth and capitalize on operational efficiencies to reduce expenses.
At this year's Cable-Tec in booth 3059, Concurrent will showcase several significant updates to its portfolio that support this enhanced three-screen strategy, including:
-- Video to the PC and video to the mobile device -- Advanced video applications such as time-shifted television and video-on-demand -- MDAS media data management, interactivity, operational reporting and advanced advertising
Concurrent has 205 distinct video systems deployed in cable and telecom markets worldwide that represent approximately 21.5 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 streams per month.
About Concurrent
Concurrent 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® 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 http://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.
Concurrent Computer Corporation
CONTACT: Rebecca Biggs, Cohn and Wolfe, +1-404-242-8763,
rebecca.biggs@cohnwolfe.com, for Concurrent Media Relations; Kirk Somers,
+1-678-258-4000, investor.relations@ccur.com. for Concurrent Investor
Relations
Web Site: http://www.ccur.com/
