ATLANTA, Sept. 09, 2016 (GLOBE NEWSWIRE) -- Concurrent (NASDAQ: CCUR ), a global provider of high-performance Linux® and storage solutions, today announced that NOS, Portugal’s market-leading communications and entertainment company, has deployed Concurrent’s Aquari™ software-defined storage solution to enable cloud-based digital video recording (CDVR) services related to their new UMA personalized TV service. UMA is the latest multi-screen video service offering from NOS, which features intelligent voice controls, personalized recommendations, consumer-driven video recording of broadcast programs, and cross-device video streaming to televisions and Internet connected devices. The new service pairs Aquari’s scale-out storage capabilities with Concurrent’s Upshift™ content delivery solution to support high-capacity video recording and streaming. Concurrent’s solution is fully integrated with software developed by NOS to support business management, content management, and visually-rich consumer-facing user interfaces.
“We needed a better, more cost-effective storage platform to support multi-screen video content and the advanced scaling capabilities of the Aquari platform were ideally suited to our application,” said Pedro Bandeira, Product Development Director at NOS. “We have developed a best-in-class business intelligence layer on top of Aquari’s storage in order to deliver the most advanced entertainment experience to our customers.”
“We are thrilled to work with a thought leader like NOS that recognizes the benefits of our open, software-defined storage solution for scaling-out next generation video services,” said Scott Ryan, SVP and GM of Concurrent’s Aquari storage business. “Aquari’s unique capabilities are perfect for applications like cloud DVR, where both high-performance and high-capacity are required to support the explosive demand for time-shifted video content.”
Aquari storage is based on open-source Ceph ® , which features exabyte scaling and simultaneous support for multiple workloads. Unlike traditional storage alternatives, Aquari can scale performance and capacity independently, which translates to improved flexibility and a reduced total cost of ownership. Six of the top 25 multiple system operators in North America and several market leading operators in Europe now use the Aquari platform to support multi-screen streaming and video recording services.
The Aquari solution at NOS was sold through Satcab, Concurrent’s trusted partner and a leading system integrator of professional broadcast solutions and services for the Iberian Peninsula and Africa.
Concurrent will be showcasing the Aquari storage solution at the IBC show in Amsterdam on September 9-13 at the RAI Convention Centre, stand 2.B31.
About NOS NOS is the biggest communications and entertainment group in Portugal. It offers the latest generation of fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is the leader in pay TV, new generation broadband services and in cinema exhibition and distribution in Portugal. NOS is part of the main Portuguese stock exchange index (PSI-20), with a capitalization in excess of 3.8 Billion Euros, and has more than 4 million mobile phone, 1.5 million television, 1.5 million fixed telephone and 1.1 million fixed broadband Internet customers.
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
