Concurrent Announces Partnership with Clearleap
Concurrent Announces Partnership with Clearleap
Agreement Enables End-to-End Media Lifecycle Solution
ATLANTA, July 8 /PRNewswire-FirstCall/ -- Concurrent (NASDAQ:CCUR), a world-wide leader in video and media data and advertising solutions, today announced a partnership with Atlanta-based Clearleap, an Internet-based TV technology platform. Utilizing Concurrent's Media Data and Advertising Solutions (MDAS) and Clearleap's network-based platform for media management and distribution, the two companies are offering an integrated solution to provide a comprehensive end-to-end view of the subscriber experience. The hosted solution will empower television service providers to gain near real-time visibility into user consumption through an integrated web-based management interface that aggregates and processes rich data from a combination of Concurrent's and Clearleap's interfaces. The partnership will also allow television service providers using the Clearleap platform to better monetize their video offerings through addressable advertising.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO )
"Concurrent's partnership with Clearleap is another step in executing on our strategy," stated Paul Haddad, Concurrent's vice president and general manager, MDAS. "The combination of Concurrent's and Clearleap's expertise and solutions provides the industry with a unique and fully integrated video solution supporting a wide array of content distribution, interactivity, cross services data collection and correlation and advanced advertising within the video services."
"Clearleap utilizes best of breed technologies to allow television service providers to quickly and easily deploy powerful new content and services to their subscribers," said Braxton Jarratt, CEO of Clearleap. "By integrating our network-based platform with Concurrent's widely-deployed media data infrastructure, we are able to offer a packaged turn-key solution that provides better monetization, access to significantly more content and around-the-clock visibility."
Concurrent's MDAS provides Clearleap the ability to offer their customers a 360 degree 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 empowers a new generation of intelligent interactivity across television, web and mobile networks. Concurrent 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 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 www.ccur.com.
About Clearleap
Clearleap is a revolutionary TV technology platform that leverages the power and flexibility of the Internet to provide content acquisition, management and advertising solutions for the world's most popular medium, the television. Clearleap's network based technology gives both video service and content providers easy to implement services to vastly improve workflow, monetization, and content capabilities for both VOD and linear. Founded by a team of TV technology veterans and industry experts, Clearleap is based in Atlanta, Georgia. with offices in New York City and data centers in New York, Los Angeles and Atlanta. For more information www.clearleap.com.
For more information, contact:
Concurrent Media Relations
Rebecca Biggs
Cohn and Wolfe
404.242.8763
rebecca.biggs@cohnwolfe.com
Clearleap Media Relations
Jason Damata
Fabric Media
917.279.8706
Jason@fabricmedia.net
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.
Photo: http://www.newscom.com/cgi-bin/prnh/20081216/CLTU015LOGO
Source: Concurrent
CONTACT: Concurrent Media Relations: Rebecca Biggs of Cohn and Wolfe,
+1-404-242-8763, rebecca.biggs@cohnwolfe.com; Clearleap Media Relations: Jason
Damata of Fabric Media, +1-917-279-8706, Jason@fabricmedia.net; Concurrent
Investor Relations: Kirk Somers, +1-678-258-4000, investor.relations@ccur.com,
or Erica Abrams of The Blueshirt Group, +1-415-217-5864,
erica@blueshirtgroup.com
Web Site: http://www.ccur.com/
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