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Concurrent Computer Corporation Partners with Encore Media Group To Demo S-VOD at the Western Show-Wired 2K
ATLANTA--(BUSINESS WIRE)--Dec. 15, 1999--Concurrent Computer Corporation (Nasdaq:CCUR - news) announced today that it will partner with Encore Media Group LLC (EMG) to demonstrate EMG's new subscription video-on-demand (S-VOD) service. One of the industry leading providers of video-on-demand (VOD), Concurrent will demo EMG's S-VOD on its MediaHawk(TM) Video Server in Booth No. 3330 at the upcoming Western Show - Wired2K, the leading regional cable trade show, December 14-17 at the Los Angeles Convention Center.
Steve Nussrallah, President and Chief Operating Officer of Concurrent Computer Corporation, added, ''Encore's S-VOD offering is a prime example of utilizing the VOD digital platform to evolve the interactive television market.''
VOD enables cable operators to offer subscribers an information and entertainment medium that provides individual freedom, control, choice, flexibility, convenience, and simplicity through the use of a television and a digital set-top box. The most exciting benefit of VOD technology is that it brings digital quality movies--including recent Hollywood hits--on-demand into cable subscribers' homes with full VCR-type control, such as pause, rewind, fast forward, etc.
S-VOD will complement VOD in a fashion similar to the way premium channel multiplexes have worked with pay-per-view or near-video-on-demand. S-VOD will build cash flow for operators by solidifying the pay category in the upcoming era of two-way broadband digital and adding additional revenue opportunities.
Encore's S-VOD service would enhance an EMG cable subscriber's service by allowing for the impulse selection of movies for a simple fee. Movies would be chosen from a collection of the premier titles offered across the family of EMG channels that month. S-VOD would showcase its collection of on-demand movie programming with VCR-like functionality, and eliminate the dynamic of individual transaction ''speed bumps'' every time a consumer pondered the possibility of viewing a movie.
''I am pleased that Concurrent, one of the key players in server technology, has validated the importance of S-VOD as a key driver in addition to VOD to propel the deployment of two-way servers,'' noted John J. Sie, founder, chairman & chief executive officer of EMG. ''This means that Encore's S-VOD model will be demonstrated by 100% of this year's digital server manufacturers at the Western Show.''
About Encore Media Group LLC
Encore Media Group LLC (EMG) is the largest provider of cable and satellite-delivered premium movie networks in the United States, currently counting more than 53 million pay units through its ownership of 13 domestic channels including STARZ! and its Thematic Multiplex channels STARZ! Theater, BET Movies/STARZ!, STARZ! Cinema, and STARZ! Family; the New Encore and its Thematic Multiplex channels Mystery, Action, Love Stories, Westerns, True Stories and WAM!; and MOVIEplex. For more information on EMG and its Video Store at Home web site, log on to the Internet at encoremedia.com. Encore is a wholly owned subsidiary of Liberty Media Group (NYSE: LMGa - news, LMGb - news).
About Concurrent Computer Corporation
Concurrent Computer Corporation (http://www.ccur.com), headquartered in Atlanta, Georgia, is a leading provider of high-performance computer systems, software, and servers. Concurrent Computer Corporation's XSTREME Division is a leading supplier in the emerging digital video server marketplace. This market includes the broadband/cable, corporate training, education, hospitality, and in-flight entertainment industries. Operating in 32 countries worldwide, Concurrent provides sales and support from offices throughout North America, South America, Europe, Asia, and Australia.
Note to Editors: For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, Duluth, Georgia 30096. Call toll free in the U.S. and Canada at (877) 978-7363 or (678) 258-4000, or fax (678) 258-4300. Readers can also access information through the company's web site at ccur.com.
MediaHawk is a trademark and Concurrent Computer Corporation is a registered trademark of Concurrent Computer Corporation. All other products are trademarks or registered trademarks of their respective owners.
Contact:
Concurrent Computer Corporation Andrea Ariza (Media) 678/258-4070 or andrea.ariza@ ccur.com or Concurrent Computer Corporation Beth Alonzo (Analysts/Investors) 954/973-5100 or beth.alonzo@ccur.com |