NXTV, Inc. Selects Concurrent Computer Corporation MediaHawk Systems for Interactive Entertainment Solutions
MediaHawk to Power Hotel In-Suite Entertainment Services
biz.yahoo.com
ATLANTA--(BUSINESS WIRE)--Dec. 13, 2000--Concurrent Computer Corporation (Nasdaq:CCUR - news) announced today that NXTV, Inc. has purchased four MediaHawk(TM) systems, specifically designed for the hospitality market, to provide interactive entertainment and Internet services. NXTV, Inc., a provider of next-generation digital broadband services to the hospitality and residential markets, is a Concurrent Value Added Reseller (VAR).
Using Concurrent's MediaHawk Video-On-Demand (VOD) System, NXTV will provide digital VOD movies with enhanced TV functionality such as pause, rewind, fast-forward, and bookmark features. The MediaHawk will also enable high-speed Internet TV and laptop access, video and data conferencing, video games, and specialized phone services, as delivered by NXTV's interactive television system over a hybrid fiber/VDSL network. The NXTV broadband delivery system is currently being installed at the Peninsula Beverly Hills Hotel followed by the Hotel Bel-Air. Both award-winning properties are located in the Los Angeles area. Three additional West Coast properties are scheduled for full market roll-out during the first quarter of 2001.
``Our vision has always been the convergence of information, entertainment, communications, and commerce related services with the TV,'' said James Miles, NXTV's President and CEO. ``We chose Concurrent's MediaHawk system because Concurrent has the proven ability to power these interactive services with an unmatched offering of a complete hardware and software solution.''
NXTV is also currently in contract negotiations to offer broadband services to two residential communities in Washington and Texas, with roll-out plans scheduled for the middle of 2001.
Jack Bryant, Concurrent President and CEO, said, ``Concurrent is providing a superior VOD solution that spans several market streaming media applications, including hospitality, broadband/cable, corporate training, education, and in-flight entertainment.'' He added, ``Concurrent is meeting the exploding demand for VOD by pairing a world-class solution with excellent customer service. We are proud that NXTV has chosen the MediaHawk for its hotel in-suite entertainment and Internet service deployment.''
Concurrent Computer Corporation's MediaHawk Video Server is a high-performance, scalable, digital video server that offers industry-leading performance and provides the most reliable response time achievable in the worldwide marketplace today. Concurrent's VOD technology enables subscribers to use a digital set-top box to instantly call up digital movies from a list of titles and control their selected movie with VCR-like functionality including fast forward, pause, and rewind.
About NXTV
Founded in 1997, NXTV, Inc., a Delaware Corporation, is a provider of digital broadband delivery systems to both the hospitality and residential markets. Since inception the company has assembled an experienced management team, developed a powerful and revolutionary proprietary technology and established a strong network of world-class strategic partners. For more information visit NXTV at nxtv.com.
NXTV is located at 5955 DeSoto Ave., Suite 160, Woodland Hills, Calif. 91367; phone 818/227-1225; fax 818/226-3947; www.nxtv.com. Media Contact: Richard Jenkins, VP Sales & Marketing, ext. 201.
About Concurrent
Concurrent Computer Corporation (http://www.ccur.com) 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 worldwide, Concurrent provides sales and support from offices throughout North America, Europe, Asia, and Australia.
Concurrent brings over 30 years of real-time experience to the broadband industry, and in a very short time has become the undisputed leader in broadband VOD. As the newcomer to the industry, Concurrent's VOD performance speaks for itself. Concurrent is uniquely positioned to meet the pent-up demand for interactive television services - movies-on-demand and e-commerce over the television. Forrester Research predicts interactive television will reach $11 billion in advertising revenues and $7 billion in sales by 2004. Current VOD and e-commerce trials and launches include: Beijing Fengtai Cable - China; Cox - Phoenix; Cox - San Diego; Horizon.com - Singapore; Shanghai Telecom - China; Time Warner Cable - Oceanic Cable; Time Warner Cable - Tampa Bay; and Comcast Cable - trial in an undisclosed location.
Concurrent Computer Corporation and its logo are registered trademarks and MediaHawk is a trademark of Concurrent Computer Corporation. All other trademarks are the property of their respective owners.
Note to Editors: For additional company or product information from Concurrent Computer Corporation, please contact Concurrent Computer Corporation, 4375 River Green Parkway, Duluth, GA 30096. Call toll free in the U.S. and Canada at (877) 978-7363, fax (678) 258-4199. Readers can also access information through the company's Web site at ccur.com.
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Contact:
Concurrent Computer Corporation, Orlando, Fla.
HighTech Public Relations, Inc.
Tammy Snook, 407/667-9355
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or
Concurrent Computer Corporation, Duluth, Ga.
Nancy Hecklinski (Analysts/Investors), 678/258-4103 |
