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Concurrent Technology Inc.

Concurrent Technology Unveils MediaScaleX at IBC2018

Georgia (ots/PRNewswire)

New brand and breakthrough innovation unites existing media delivery and storage solutions as a single content delivery platform

Concurrent Technology Inc. (https://www.concurrent.com/), a Vecima Company (TSX: VCM), the global leader in media delivery and storage solutions for content owners, broadcasters and service providers, announces the launch of MediaScaleX(TM), a next-generation hyperscale platform suite built from the ground up to rapidly deploy and scale video across any number of CDNs, regardless of their environment (i.e. cloud, virtualized, hosted and private network architectures). Concurrent will debut MediaScaleX on stand 1.D92 at the IBC2018 Show in Amsterdam from September 14-18, 2018.

With its roots developed over decades of innovation and research, and built upon Concurrent's globally deployed systems-Aquari(TM) Storage, Laguna(TM) Cache, Zephyr(TM) Origin Packager, and Zephyr(TM) Transcode-the MediaScaleX platform is redefining the way content creators, broadcasters and service providers store, protect, transform and deliver their content. This next-generation product line will enable customers to meet today's delivery challenges and migrate their content offerings to the user experiences of tomorrow.

"Over 20 years ago, Concurrent redefined the way content was distributed and viewed all over the world, creating new revenue sources for content owners and service providers, as well as more access than ever to content for consumers. Today, more than 25 of our customers, across five continents, have a platform in place to embrace the rapidly changing environment from content creation to consumption," said Clay McCreery, Chief Revenue Officer at Concurrent.

As the global deployment of OTT services scales, so does the cost of public CDNs. MediaScaleX provides a flexible solution for this challenge, letting customers take advantage of both public and private networks for media distribution over the internet. Concurrent's latest offering features algorithms that choose the most cost-effective path for every packet, enabling customers to deliver more content, faster while controlling costs. Available as a whole or as individual products integrated in new or existing environments, the MediaScaleX product family delivers:

MediaScaleX // Storage(TM) - the next generation of Concurrent's Aquari storage platform. MediaScaleX // Storage is a scalable software-defined application designed to ensure that content management is as easy as possible. Multiple forms of metadata capture enable easy search-and-find functionality, and predictive usage analytics means the storage will always have available capacity ahead of demand, instead of needing to reorganize content on the fly. It can be easily deployed on any number of hardware platforms and can use any combination of spinning disks, SSDs and the latest non-volatile memory express (NVMe) drives.

MediaScaleX // Transcode(TM) - a software platform providing audio and video content processing. Supporting any input and output, Transcode allows service providers, broadcasters and content owners to operate live and file-based workflows over common infrastructure, at any quality. Its all-CPU approach means customers can deploy the software on any hardware or cloud, instead of other more restrictive options available.

MediaScaleX // Origin(TM) - continuing a long history of award-winning content packaging innovation. Concurrent's origin solution looks beyond just the HLS delivery environment, allowing users to also package their OTT programming using DASH and CMAF. Origin provides support for any delivery ecosystem and integrates with all the mainstream DRM providers, so it can be easily deployed into any existing delivery platform.

MediaScaleX // Cache(TM) - offering the world's highest-density, intelligent caching solution. With support for a wide variety of content formats and streaming protocols, Cache supports better simultaneous delivery to mobile devices and smart TVs and set-top boxes. Like MediaScaleX // Origin, it supports various deployment scenarios, including Concurrent's award-winning, pre-integrated hardware appliances, virtualized environments or as software-only on customers' chosen hardware.

The unveiling of the product launch will be demonstrated to visitors on Concurrent's stand - 1.D92 - at the IBC2018 Show. The exhibition will run from September 14-18 at the RAI in Amsterdam.

About Concurrent

Concurrent Technology Inc., a Vecima Company, empowers content and service providers with innovative solutions to intelligently deliver media to their customers, at any scale, through a wide range of deployment and commercial options. With virtualized and scalable solutions for transcoding, storage, origin, and cache, Concurrent's software-defined platforms support the most challenging requirements, all over the world, helping content creators, producers and distributors succeed. With solutions from content management to delivery, and billions of streams distributed over two decades, Concurrent's global team and experience is enabling increased revenue opportunities and reduced operational costs for the planet's leading innovators in visual media.

Concurrent's logo and Concurrent product names are trademarks or registered trademarks of Concurrent Technology, Inc., while all other product names are trademarks or registered trademarks of their respective owners.

About Vecima Networks

Vecima Networks Inc. (TSX: VCM) is a globally recognized leader in creating breakthrough technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. For more information, visit http://www.vecima.com.

Media contacts: Red Lorry Yellow Lorry (Concurrent's PR agency): concurrent@rlyl.com; Americas & Asia Pacific: Kerry Quintilliani, +1-310-773-3760; Europe, Middle East & Africa: Philip Iacob, +44-20-7403-8878

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