C&M, Korea's Largest and Fastest Growing HFC Cable Multi-System Operator, to Launch On-Demand Services Based on Concurrent's MediaHawk On-Demand Platform.ATLANTA -- Serving Over 1.3 Million Subscribers, C&M Chooses Concurrent to Bring On-Demand to Korea Concurrent Computer Corporation Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCUR CCUR Center for Crops Utilization Research ), a worldwide leader of on-demand technology that is shaping the future of television, today announced that C&M (Cable and Multimedia) Co., Ltd., Korea's fastest growing and largest hybrid fiber coax (networking) Hybrid Fiber Coax - (HFC) A kind of physical connection used in networks for audio, video, and data. DVB (Digital Video Broadcast) is used in Europe and DOCSIS is used in N America. (HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. ) cable multiple system operator (MSO (1) (Multiple System Operator) Typically refers to a cable TV organization that owns more than one cable system, but it may refer to an operator of only one system. ), has selected Concurrent's MediaHawk(R) On-Demand Platform for Korea's first Real Video-On-Demand (RVOD RVOD Real Video on Demand RVOD Realtime Video on Demand ) field trial and for the launch of commercial and advanced on-demand services. Currently in field trial, C&M will launch commercial services to C&M's over 1.3 million subscribers before the end of calendar year 2004. C&M's subscribers in the greater Seoul area are among Korea's most desirable premium subscribers and have enthusiastically embraced advanced television services such as home shopping Home Shopping commonly refers to the electronic retailing / home shopping channels industry, which includes such billion dollar companies as HSN, QVC, eBay, ShopNBC, Buy.com, and Amazon.com. services. C&M represents Korea's largest HFC cable MSO in terms of average revenue per subscriber and represents Korea's fastest growing HFC cable MSO in terms of both revenue and number of subscribers. With more than 1.3 million subscribers, C&M's commercial deployment is larger than the largest North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. commercial deployment by a single cable operator in a single market. Korea represents a new market opportunity for on-demand services with the development and expansion of digital television technology, one of the primary initiatives backed by the Korean government. "C&M has a vision for the future of advanced cable services and is proud to be a pioneer of the digital television revolution taking place in Korea," said Kwang-Seong Oh, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of C&M. "Concurrent's commitment to integration and open system architecture is an invaluable element to this deployment, and we are proud to partner with an industry leader as together we introduce these advanced services to our customers." "The advancement of digital television services is expanding quickly in Korea," said Gary Trimm, president and CEO of Concurrent. "C&M is truly a visionary in the on-demand space for this market, and as these services are launched for the first time in Korea, we are pleased that the Concurrent MediaHawk Platform was chosen as the trusted source for VOD See video-on-demand. VoD - video on demand and look forward to continuing to build on this partnership with C&M." Concurrent's MediaHawk On-Demand Platform is the only in the industry to completely separate streaming, storage and content ingest in·gest tr.v. in·gest·ed, in·gest·ing, in·gests 1. To take into the body by the mouth for digestion or absorption. See Synonyms at eat. 2. for three-dimensional scalability, and is a proven foundation for the delivery of the latest on-demand services, including Movies-On-Demand (MOD), Subscription VOD (SVOD SVOD Subscription Video on Demand SVOD Stacked Volumetric Optical Disk SVOD Subscription Voice on Demand ), Free-On-Demand (FOD FOD - /fod/ [Abbreviation for "Finger of Death", originally a spell-name from fantasy gaming] To terminate with extreme prejudice and with no regard for other people. From MUDs where the wizard command "FOD " results in the immediate and total death of ), Long-Format Advertising (LFA LFA left frontoanterior (position of the fetus). LFA leukocyte functional antigen. ), Network-based Digital Video Recording (NDVR) and high-definition VOD (HDVOD), as well as exciting new on-demand applications and services. The Concurrent On-Demand Platform includes its proven hardware, extensive software, integration expertise and world-class customer service. About C&M Co., Ltd. (C&M) C&M Co., Ltd. is the largest multi-system operator (MSO) in the Republic of Korea in terms of average revenue per subscriber serving over 1.3 million subscribers through 12 clustered system operators, located in Seoul and Kyunggi province. C&M has invested in an upgrade to its systems in order to provide higher quality television services and to deploy advanced two-way broadband services. About Concurrent Concurrent Computer Corporation (www.ccur.com) is a worldwide leader in providing digital VOD systems to the broadband industry and real-time computer systems for industry and government. Concurrent's VOD systems are utilized within the broadband cable, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , and IP-based markets. Within the digital cable market, Concurrent is a recognized leader, currently serving nine of the largest network operators in 87 markets, surpassing 16.6 million basic subscribers and 5.5 million digital subscribers. Concurrent's proven technology provides a flexible, comprehensive, robust solution for HFC, DSL, and IP-based networks. The company's powerful and scalable VOD systems are based on open standards and are integrated with the leading broadband technologies. Concurrent is also a leading provider of high-performance, real-time computer systems, solutions, and software that focus on hardware-in-the-loop and man-in-the-loop simulation, data acquisition, and industrial control systems for commercial and government markets. Concurrent has nearly four decades of experience in real-time technology and provides its best of breed solutions through offices in North America, Europe, Asia, and Australia. Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," "anticipates," and similar expressions are intended to identify forward-looking statements. Statements regarding future events and developments and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. The risks and uncertainties which could affect our financial condition or results of operations include, without limitation: our ability to keep our customers satisfied; availability of video-on-demand content; delays or cancellations of customer orders; changes in product demand; economic conditions; various inventory risks due to changes in market conditions; uncertainties relating to the development and ownership of intellectual property; uncertainties relating to our ability and the ability of other companies to enforce their intellectual property rights; the pricing and availability of equipment, materials and inventories; the limited operating history of our video-on-demand segment; the concentration of our customers; failure to effectively manage growth; delays in testing and introductions of new products; rapid technology changes; demand shifts from high-priced, proprietary real-time systems to low-priced, open server systems; system errors or failures; reliance on a limited number of suppliers; uncertainties associated with international business activities, including foreign regulations, trade controls, taxes, and currency fluctuations; the highly competitive environment in which we operate and predatory pricing pressures; failure to effectively service the installed base; the entry of new well-capitalized competitors into our markets; the success of new products in both the VOD and ISD See IDD. divisions; the success of our new initiative to penetrate opportunities with the U.S. government; the availability of Linux software in light of issues raised by SCO group; capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. patterns by a limited customer base; and contract obligations that could impact revenue recognition. Other important risk factors are discussed in our Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission on Sept. 7, 2004 and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading "Risk Factors" are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise. Note to Editors: For additional company or product information from Concurrent, please contact Concurrent, 4375 River Green Parkway, Suite 100, 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 www.ccur.com. Concurrent Computer Corporation, its logo and MediaHawk are registered and unregistered trademarks of Concurrent Computer Corporation. All other product names are trademarks or registered trademarks of their respective owners. |
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