Concurrent Enhances eFactor(TM) On-The-Fly Repackaging Solution with Content Protection
eFactor product suite now integrated with leading content protection technologies
ATLANTA, April 16, 2012 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a global leader in video and media data solutions, has enhanced its eFactor(TM) product suite to include industry standard AES-128 encryption, allowing service and content providers to protect their content when consumers view on connected devices.
The addition of AES-128 encryption enables integration with leading digital rights management (DRM) technologies. Concurrent has completed integration with the award-winning Motorola SecureMedia® Encryptonite ONE(TM) HLS+, providing Hollywood-approved secure content distribution.
eFactor simplifies the complex task of delivering multi-format live or on-demand video to a wide variety of connected devices for content delivery networks and TV service providers. The newly released protection module works in concert with Concurrent's eFactor Transmux module, the industry's first software-based dynamic repackaging solution. Launched in the summer of 2011 and deployed in a production CDN environment later in 2011, eFactor Transmux enables on-the-fly repackaging of a single video asset to today's market-leading HTTP adaptive bitrate formats.
eFactor is available as a software development kit (SDK) or as a complete software application, providing customers with flexible deployment options. As an SDK, eFactor can be installed on hardware that already exists within the CDN, reducing the capital investment and space required to deploy the solution. In addition, by eliminating the need to preprocess content into multiple formats, eFactor can reduce the investment required in transcoders, storage, and network transport equipment.
"Our customers are focused on generating incremental revenue through the deployment of premium content services to connected devices. eFactor is designed to address the needs of both service providers and content owners by reducing the cost and complexity of hosting multi-screen video while ensuring premium content is protected," said Jim Denenny, Concurrent's general manager and vice president of online media solutions. "From the start, eFactor Transmux was designed to integrate dynamic repackaging features into the content delivery infrastructure, eliminating the need for dedicated hardware. Our software-based approach generates a much better return on investment for our customers than traditional appliance based solutions."
Concurrent will discuss eFactor at the Hewlett-Packard booth (#N5106), at 9:30 a.m. PDT on Monday, April 16th, and 12:00 noon PDT on Wednesday, April 18th at the 2012 NAB conference in Las Vegas, Nevada.
About Concurrent
Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management, and monetization. Built on a solid foundation of Emmy Award-winning technology, Concurrent's solutions provide consumers with ubiquitous access to content on any screen and provide media stakeholders with a holistic view of the consumer video experience. Concurrent supplies customers across the entire media ecosystem (cable, telecommunications, wireless, web, advertising, and content supplier industries) with enterprise-level CDN technology, multi-screen video delivery, monetization, media data collection and logistics solutions. 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 has offices in North America, Europe and Asia. Visit http://www.ccur.com for further information and follow us on Twitter: http://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 30, 2011, 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.
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CONTACT: Concurrent Media Relations, Lisa Shankle, +1-678-258-4000, pr@ccur.com, or Joy Reddy of Arketi Group, +1-404-929-0091, ext. 209, jreddy@arketi.com, or Concurrent Investor Relations, Kirk L. Somers, +1-678-258-4000, investor.relations@ccur.com