China Netcom - NingBo to Use Concurrent MediaHawk Video Servers to Provide VOD Services to NingBo Subscribers.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--Nov. 13, 2002 Concurrent Computer Corporation Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (Nasdaq:CCUR CCUR Center for Crops Utilization Research ), a pioneer and leading provider of digital video solutions on demand, today announced that its MediaHawk(R) Video Server has been chosen by China Netcom China Netcom, full name China Netcom Group Corporation (Hong Kong) Limited, abbreviated CNC, was originally formed in August 1999 by the People's Republic of China government to enable inward investments to build high speed Internet communications in the country. Co. Ltd. - NingBo Branch to deliver Video-On-Demand (VOD See video-on-demand. VoD - video on demand ) services to China Netcom - NingBo customers. The system will reach a total of 38,000 digital subscribers over an IP-based transport network. In the China Netcom application, interactive, broadcast-quality VOD is delivered directly to China Netcom - NingBo's residential subscribers' IP-network connected set-top box The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. or personal computers in their homes. This service is offered as a part of China Netcom's broadband Internet See broadband. offering and is powered by Concurrent's industry-leading MediaHawk Video Server. Subscribers have on-demand access to more than 100 hours of content, including both Hollywood and locally produced movies, television program libraries, music videos, and documentary and educational short subjects. In addition, China Netcom - NingBo supports a hospitality application. The hospitality application, also enabled by Concurrent's MediaHawk, works in much the same way. Newly released movies can be ordered in the hotel guest room and are delivered to the room's television via an IP-network connected set-top box. Mr. Feng JianQuan, general manager of China Netcom, said, "We chose Concurrent because they have many successful deployments in China and a local office to serve our needs. With Concurrent's proven VOD technology and successful commercial deployment experience, we can focus on providing more end-to-end VOD solutions to our residential and hospitality customers." "Working with China Netcom further reinforces Concurrent's commanding, already well-established presence in China," said Del Kunert, vice president of International Marketing and Business Development, Concurrent. "China Netcom selected Concurrent because of our technology and corporate capabilities and our leadership position in VOD deployments in China. In addition, the excellent reputation earned over the years by our local office in Beijing allows Concurrent to provide the quality of service and technological innovations expected by China Netcom." About China Netcom Corporation - NingBo China Netcom Corporation Limited is a facilities-based broadband telecommunications operator in China. The company provides a full spectrum of services and solutions to meet the broadband telecommunications needs of businesses and individuals. Its core business includes providing Internet broadband access See broadband and wireless broadband. and integrated telecom services to residential and corporate customers, and building the infrastructure for China's New Economy. Its comprehensive collection of telecom licenses, including the license to operate international gateways out of China, puts it in peer with incumbent operators such as China Telecom. About Concurrent Concurrent Computer Corporation (http://www.ccur.com) is a worldwide leader in high-performance computer systems, software, and servers. Concurrent's XSTREME Division is the worldwide market leader in providing digital VOD systems to the broadband industry. This market includes broadband VOD and rich streaming media See streaming audio, streaming video and digital media hub. applications such as corporate training, education, hospitality, and digital video-to-the-home. 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 35 years of experience and is providing these best of breed solutions through its offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia, and Australia. Concurrent is the established leader in the VOD market, serving seven major cable operators in 48 markets with 3.4 million digital subscribers. Concurrent's proven technology provides one of the most flexible, comprehensive solutions for HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. , 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 networks. The company's powerful and scalable VOD systems are based on open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced and are integrated with the leading broadband technologies broadband technology Telecommunications devices, lines, or technologies that allow communication over a wide band of frequencies, and especially over a range of frequencies divided into multiple independent channels for the simultaneous transmission of different signals. . Certain statements made or incorporated by reference in this release may constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the federal securities laws. When used or incorporated by reference in this release, the words "believes," "expects," "estimates," 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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: 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 Real-time systems Computer systems in which the computer is required to perform its tasks within the time restraints of some process or simultaneously with the system it is assisting. 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 the entry of new well-capitalized competitors into our markets. 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 September 25, 2002 and may be discussed in subsequent filings with the SEC. 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 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 http://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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