ATLANTA, Sept. 01, 2016 (GLOBE NEWSWIRE) -- Concurrent (NASDAQ: CCUR ), a global provider of high-performance Linux ® and storage solutions, today announced that Vectra, Poland’s second largest cable and telecommunications operator, has deployed Concurrent’s UpShift™ Unified Content Delivery Solution to expand their video-on-demand (VOD) service offering and improve the variety of content available to subscribers instantly, at the touch of a button. Vectra also streamlined their video network, making it easier to add server and storage capacity to support growing demand for their interactive TV services.
UpShift is Concurrent’s licensed CDN solution that enables cable, telecommunications, and Internet service providers to launch premium quality live and on-demand streaming services to any screen, over any network.
“Concurrent’s UpShift CDN enabled us to centralize our content storage, reduce the number of sites that we maintain, and keep streaming at the edge of the network where it is most efficient,” said Bartłomiej Irzyński, CTO at Vectra. “With the new system in place, we can scale our content library more cost effectively and offer more choice to our customers, while at the same time reducing our maintenance expenses.”
Concurrent has supplied streaming solutions to Vectra since the launch of their inaugural VOD service in 2012. With the introduction of Concurrent’s new Unified CDN solution, Vectra has upgraded their existing streaming platform with advanced technology that enables them to support multi-screen services in the future using the same architecture.
“We are excited to extend our relationship with Vectra and deploy our latest Unified CDN technology in support of their video streaming expansion,” said James Brickmeier, CMO and GM of Concurrent’s CDN business. “With our ability to stream content over multiple networks simultaneously, Concurrent provides Vectra with a clear path for migrating their core video services to new viewing devices over time and introducing next-generation services like cloud-based digital video recording.”
About Vectra Vectra Group is the second largest cable and telecommunications operator in Poland. The company has 938,000 customers in 340 cities across the country. Vectra's services include analog and digital cable television, access to fixed and mobile broadband Internet and fixed and mobile telephony. Vectra’s offering is one of the most attractive in the market for digital television in the number and variety of programs - a total of 216, including 80 in HD format. Vectra also offers compelling 320 MB/s Internet access speeds, independent local television programs broadcast in 120 cities, and PVR with multi-room features. Additionally, Vectra's services include VOD, TVonline which offers free access to 52 TV programs on PC and mobile devices, HBO GO, FilmBox Live and music service GO ON. Vectra has 663,000 digital TV subscribers, 538,000 fixed Internet and 16,000 mobile Internet clients and 200,000 telephone subscribers. Vectra also serves SOHO businesses.
About Concurrent Concurrent (NASDAQ: CCUR ) is a global software and solutions company that develops advanced applications on a core foundation of high performance Linux and storage technologies. We serve industries and customers that demand uncompromising performance, reliability and flexibility to gain a competitive edge, drive meaningful growth and confidently deliver best-in-class solutions that enrich the lives of millions of people around the world every day. Offices are located in North America, Europe and Asia. Visit www.concurrent.com for further information and follow us on Twitter: 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 developments and the company's future performance, including, but not limited to, management's expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected.
Other important risk factors are discussed in Concurrent's Form 10-K filed August 30, 2016 with the Securities and Exchange Commission (“SEC”), and in subsequent filings of periodic reports with the SEC. The risk factors discussed in the Form 10-K and subsequently filed periodic reports under the heading "Risk Factors" are specifically incorporated by reference in this press release. Forward-looking statements are based on current expectations and speak only as of the date of such statements. Concurrent undertakes 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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For more information, contact: Media Relations: Tom Williams Phone: (678) 258-4059 Email: Tom.Williams@concurrent.com Investor Relations: ICR Seth Potter Phone: (646) 277-1230 Email: Seth.Potter@icrinc.com
