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CONCURRENT SCORES
SECOND VOD LAUNCH IN BALTIC STATES
October 22, 2007
Source: Concurrent
Concurrent
(NASDAQ: CCUR), a worldwide leader of on-demand technology
that is shaping the future of television, announced today
the commercial deployment of video-on-demand (VOD) in Lithuania.
Lithuanian telecommunications provider UAB Alpha komunikacijos
has chosen Concurrents MediaHawk® On-Demand Platform
to launch in September.
The new broadband system is projected to reach up to 40,000
IPTV subscribers in a decentralized architecture covering
most of the major cities, including Vilnius, the capital city.
The sale is the second one in the Baltics to be secured through
Concurrent partner Scansatec, one of the leading broadband
and IP technology providers in Finland and the Baltics. Concurrent
is now the sole on-demand vendor in the entire Baltic region.
We are excited to have secured our second VOD launch
in the Baltic states, said Gary Trimm, president and
CEO of Concurrent. Our partnership with Scansatec has
been invaluable in breaking into this quickly developing market.
In Lithuania alone, cable television operators pass approximately
620,000 households, which represent a huge growth opportunity
for on-demand.
Concurrent was chosen because of their flexible and
scalable architecture, stated Tero Jousi, owner and
general manager of Scansatec. Their superior technology
has helped us tremendously in securing these Baltic markets,
and we are confident that our partnership will garner additional
markets in Eastern Europe.
Marius Dabrisius, CEO of Alpha komunikacijos, views the MediaHawk
on-demand solution as field-proven and the only reliable on-demand
solution for their system. We trusted Scansatec with
our head end gear and middleware, said Mr. Dabrisius.
Their recommendation of Concurrent for the on-demand
solution was supported by the fact that Concurrent has shipped
more IP streams to Europe than any other provider.
Concurrents MediaHawk On-Demand Platform provides unequalled
system stability and uptime. The first and most widely deployed
VOD solution to utilize commercial off-the-shelf hardware,
the MediaHawk delivers independent scalability of content
ingest, storage and streaming across both HFC and IP networks
worldwide. To date, Concurrent has deployed over 1.1 million
video streams in 26 countries.
About Concurrent
Concurrent (NASDAQ: CCUR) is a leading provider of high-performance,
real-time Linux software and solutions for commercial and
government markets. For over 40 years Concurrent's best-of-breed
products have enabled a range of time-critical solutions including:
modeling and simulation, high speed data acquisition, visual
imaging, low latency transaction processing and on-demand
television. Concurrent's on-demand television applications
are utilized by major service providers in the cable and IPTV
industries to deliver video-on-demand (VOD) and, through subsidiary
company Everstream, measure the effectiveness of interactive
television. Concurrent is a global company with regional offices
in North America, Europe, Asia and Australia, and has products
actively deployed in more than 26 countries. Concurrent's
products and services are recognized for being uniquely flexible,
comprehensive, robust and reliable. For more information,
please visit www.ccur.com
About Alpha komunikacijos
UAB Alpha komunikacijos is a fast growing Lithuanian telecommunications
operator providing internet and IPTV solutions for end users
nationwide. Currently providing service in major Lithuanian
cities, the company foresees a substantial market share in
the near future, with plans to become the second largest Internet
and IPTV provider in Lithuania within three years. Top-of-the-line
solutions for customer product packages matched with quality
customer service are a key element in the companys strategic
policy. Currently, corporate plans focus on the construction
of an optic fiber network in the countrys major residential
areas and network installations to follow. The optic fiber
network provides to any end-user superior broadband services,
including high-speed Internet. For more information, please
contact Alpha komunikacijos staff at +370 5 236 21 64 or visit
corporate website www.anet.lt.
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