#1 in the video server market again!
Annual Frost & Sullivan Market Study Awards SeaChange for Video Server Systems Leadership
MAYNARD, Mass., May 13, 2003 (BUSINESS WIRE) --
SeaChange International (Nasdaq: SEAC) has again captured Frost & Sullivan's Market Leadership Award for the Total Cable/Telco Video Server Systems Market. For the third year running, Frost & Sullivan, a market analyst firm, recognizes that SeaChange has maintained leadership in: market share; revenue growth rates; and market and technology innovation.
"SeaChange was able very early to see the tremendous potential for advertising and program delivery and, ultimately, personal television applications like video-on-demand," said Mukul Krishna, senior analyst, Frost & Sullivan. "The company has dedicated formidable resources in support of operators' revenue opportunities in digital video delivery for 10 years. Its extensive customer base further underscores SeaChange's ability to apply its technologies to these businesses in a wide range of infrastructure scenarios."
The Frost & Sullivan Market Engineering Leadership Award is earned by the company that has exhibited market share leadership through the implementation of market engineering strategy. SeaChange, according to Frost & Sullivan, displays excellence in all areas of the Market Engineering process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics. Furthermore, SeaChange has continually demonstrated solutions for monitoring market changes and for implementing superior market engineering strategies. By utilizing these strategies for success, SeaChange has established itself as the market share leader for Cable/Telco video server systems market.
Frost & Sullivan's extensive research found that SeaChange leads the market in the number of streams and systems deployed. Today, SeaChange VOD Systems provide more than 445,000 on-demand streams in over 83 deployments for some of North America's largest cable operators including Adelphia, AOL Time Warner, Cablevision, Comcast, Insight, Mediacom, RCN and Rogers.
SeaChange's line of video server systems, based on integrated software and hardware technologies, provide automated, fault-resilient digital video streams for cable operators, telcos, broadcasters and satellite operators. This approach reflects the Company's founding vision for turning television into a personal experience for any viewer. Accelerated VOD deployments and the increasing availability of content from studios, networks and niche providers underscore the critical nature of software and automation towards ensuring consumer satisfaction with on-demand and streamlining the "content pipeline."
SeaChange demonstrates its VOD and advertising systems and software this week at SCTE Cable-Tec Expo (March 12-14; booth 2360) in Philadelphia. Cable television professionals from around the world will be able to experience multifaceted on-demand services first hand.
The 2003 edition of Frost & Sullivan's annual video server market report will be available later this month. Visit www.frost.com.
About SeaChange
SeaChange provides digital video systems that are changing television. Its powerful server and software systems enable television operators to provide new on-demand services and to gain greater efficiencies in advertising and content delivery. With its Emmy-winning MediaCluster technology, thousands of SeaChange systems are helping broadband, broadcast and satellite television companies to streamline operations, expand services and increase revenues. SeaChange is headquartered in Maynard, Massachusetts and has product development, support and sales offices throughout the world. Visit www.seachangeinternational.com.
SOURCE: SeaChange International
SeaChange International John Coulbourn, 978/897-0100 x3098 johnc@schange.com or Frost & Sullivan Jamie Frizzell, 210/247-2496 jfrizzell@frost.com businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
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