Concurrent Awarded Patent for Network DVR Technology
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By Michael Silbergleid
The following press release was issued by Concurrent:
Technology Streamlines Ability to Store and Deliver Content from Remote-Storage Devices
ATLANTA, Jan. 27, 2011 /PRNewswire/ — Concurrent (Nasdaq: CCUR), a global leader in video and media data and advertising solutions, today announced it has been awarded patent no. 7,877,468 from the U.S. Patent and Trademark Office for technology that is foundational for network DVR services. The patented technology solves the challenges of resource-allocation and management for the storage and distribution of content from a centralized, network-based system. Using factors such as demand, consumption level and timeliness of content, Concurrent’s technology enables automatic prioritization of resources for the ingest and delivery of content.
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“With the growing number of video-enabled devices and services available to consumers, network-based storage and distribution methods are becoming a necessity for high-quality video delivery and monetization across multiple screens,” said Bob Chism, chief technology officer for Concurrent. “This patent underscores prescient thinking by our development team that today will be invaluable as our clients seek to derive maximum value from their video content.”
Today, video distribution, storage and data access management across multiple screens are not tightly coordinated, resulting in potentially reduced network capacity or revenue generating opportunities. With the ever increasing availability of new content and recently released movies, delivering larger volumes requires technology that can intelligently manage content. Concurrent’s technology enables the scheduling of all content that is ingested and distributed, as well as the management of network resources to ensure the most effective and efficient distribution of content.
Concurrent’s newly awarded patent is complementary to existing patents related to systems and methods of matching, bundling and delivering stored content with stored advertisements based on user requests.
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 patented, 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 has offices in North America, Europe and Asia. For more information, please visit 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 August 31, 2010, 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.
SOURCE Concurrent
