Concurrent Launches Next-Generation Solutions for Cross-Platform Video Applications
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Concurrent Launches Next-Generation Solutions for Cross-Platform Video
Applications
New Offerings Leverage Enhanced Data Collection Capabilities to Enable
Advanced User Analytics and Advertising Solutions
ATLANTA, June 16 /PRNewswire-FirstCall/ -- Concurrent (Nasdaq: CCUR), a
world-wide leader in video and media solutions, today announced the
next-generation of its Media Data and Advertising Solutions (MDAS) business.
Concurrent is expanding its deployed data collection platform and enabling
media stakeholders to correlate interactive media data across television, PC
and mobile devices. These solutions empower marketing, audience measurement
and reporting firms, programmers, advertisers and service providers, to
seamlessly analyze usage, revenue and service data across all three screens
and fully monetize video through the launch of interactive services such as
advanced advertising.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO)
"Collecting and managing media data across multiple platforms is a complex
challenge for our customers and partners," said Dan Mondor, president and CEO
of Concurrent. "Through Media Data and Advertising Solutions, we are uniquely
positioned to assist our customers with these challenges and accelerate the
adoption of interactive video services."
Concurrent's Media Data and Advertising Solutions provide customers with a 360
view of their operations, subscriber usage, content consumption and
advertising effectiveness, thus enabling true interactivity and addressability
to commercialize video. By collecting, aggregating and correlating very
complex sets of cross-services data from multiple systems and sources,
Concurrent's Media Data and Advertising Solutions empower a new generation of
intelligent interactivity across television, web and mobile networks.
To seamlessly deliver media data to its customers, Concurrent is adopting a
software-as-a-service (SaaS) model. In this environment, data is correlated,
sorted and formalized without taxing internal customer resources, allowing
customers to focus on their own content strategies and better position their
marketing and promotional activities.
"Concurrent is looking forward to announcing key partnerships which we have
established to fully execute on our MDAS strategy," stated Paul Haddad, vice
president and general manager of Media Data and Advertising Solutions. "Our
existing media data infrastructure combined with the analytics expertise of
our partners provides the industry with a fully integrated and reliable media
data solution."
Concurrent's solutions are deployed by major service providers in 265 markets
worldwide, supporting over 33 million digital households, and correlating data
from over 700 million transactions per month.
About Concurrent
Concurrent (Nasdaq: CCUR) 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° 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 www.ccur.com.
For more information, contact:
Concurrent Media Relations
Rebecca Biggs
Cohn and Wolfe
404.242.8763
rebecca.biggs@cohnwolfe.com
Concurrent Investor Relations
Kirk Somers
678.258.4000
investor.relations@ccur.com
Erica Abrams
The Blueshirt Group
415.217.5864
erica@blueshirtgroup.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 27 August 2008, 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 Computer Corporation. All other Concurrent product
names are trademarks of Concurrent while all other product names are
trademarks or registered trademarks of their respective owners. Linux(R) is
used pursuant to a sublicense from the Linux Mark Institute.
SOURCE Concurrent
Rebecca Biggs, Concurrent Media Relations, of Cohn and Wolfe, +1-404-242-8763,
rebecca.biggs@cohnwolfe.com; Kirk Somers of Concurrent, Concurrent Investor
Relations, +1-678-258-4000, investor.relations@ccur.com; Erica Abrams of The
Blueshirt Group, +1-415-217-5864, erica@blueshirtgroup.com
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