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Concentric Network Selected As Key Technology Provider To Deliver Bloomberg Television Content Direct To Desktop PCs.


CUPERTINO, Calif.--(BUSINESS WIRE)--Dec. 8, 1997--

Concentric Network Will Demonstrate Real-time Video Streaming See streaming video and video stream.  

Technology at Internet World, December 8-12, in Booth No. 801

Concentric Network (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
: CNCX), a leader in IP network innovation, announced today that is has reached an agreement with Bloomberg LP to host and broadcast Bloomberg's television content direct to desktop PCs via the Internet. A popular 24-hour news channel that reaches over 100 million television households, Bloomberg Television Bloomberg Television are cable television networks around the world that broadcast business and financial news 24 hours a day. The network was widely known for their data screen format, in which news tickers and business data boxes used more of the television screen than the (TM) has been distributed through national cable channels until now. The service is expected to be available in January. The new video component to the Bloomberg Web site (www.bloomberg.com) will make Bloomberg Television segments such as video, news, weather, and financial information available to any user who can access the Internet.

Bloomberg will give a first look at the new desktop service at next week's Internet World in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 when they'll stream "Bloomberg Forum" live from the show floor to the Internet. Concentric Network is providing co-location Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith.  for this event, and later for the Bloomberg channel, through its state-of-the-art data center.

Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
 and Microsoft(R) Corporation are also involved in providing the technology necessary to ensure the mission-critical networking application is delivered virtually simultaneously to viewers.

"Concentric Network is pleased to be working with an industry leader like Bloomberg as their technology partner to expand distribution of their product. We helped bring together Compaq and Microsoft to provide leading technology such as Compaq ProLiant NT servers and Microsoft's NetShow(TM) to deliver the highest quality performance,"said James Isaacs James Isaacs is a music journalist and former disk jockey.

In the late 1970s and the 1980s, when WBUR, Boston University's radio station broadcast many jazz and classical music programs, James Isaacs had a jazz radio show.
, Concentric's VP of Business Development.

"Bloomberg evaluated a number of technology providers and chose Concentric Network. We needed a robust network that could support high traffic. Concentric's superior technology and their commitment to quality of service, plus their experience in working with leaders in providing and delivering timely content over the Internet made them the secure choice," said Jonathan Fram, General Manager, New Media at Bloomberg.

"Microsoft is pleased to be partnering with industry leaders such as Concentric Network and Compaq Computer Corporation and to be involved in this new distribution venture by Bloomberg. NetShow(TM) will work seamlessly with our partner's technology to provide an easy but powerful way to stream multimedia content across the Internet. We are confident it will perform to the demanding standards necessary," said Cameron Myhrvold, Vice President, Internet Customer Unit, Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, .

Bloomberg selected, as platform-of-choice for video streaming at its site, the Compaq ProLiant 6500 Server, running Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
 NT(R), Internet Information Server See IIS.

(World-Wide Web) Internet Information Server - (IIS) Microsoft's web server and FTP server for Windows NT.

IIS is intended to meet the needs of a range of users: from workgroups and departments on a corporate intranet to ISPs hosting websites that receive
, and NetShow(TM) applications. The Compaq ProLiant 6500, a high-performance web server, delivers over 1,200 simultaneous video streams on a single server.

About Concentric Network Corporation

A leader in IP network innovation, Concentric Network Corporation provides Wide Area Intranets and Extranets for the enterprise. These high performance, secure, cost-effective and reliable IP-based Virtual Private Network services connect enterprises with their remote sites, mobile users, business partners and customers. For the consumer market, Concentric Network offers a complete line of connectivity and hosting products. The Concentric network architecture is based on "super" points of presence (SuperPOPs), an advanced ATM backbone, and distributed data centers which enable high functionality, low/fixed latency, high throughput and superior reliability to support a wide range of applications. Traded on NASDAQ under the symbol "CNCX," Concentric Network is headquartered on Cupertino, Calif. For more information, access the company's Web site at http://www.concentric.net or contact Katie Greene at 408/342-2885. -0-

Compaq, registered U.S. patent and trademark. Microsoft, and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking.  are registered trademarks and NetShow is a trademark of Microsoft Corporation. Concentric Network Corporation and the Concentric logo are trademarks of Concentric Network Corporation. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

CONTACT: Concentric Network Corporation

Katie Greene, 408/342-2885

or

Bloomberg LP

Chris Taylor Chris Taylor or Christopher Taylor may refer to:
  • Chris "The Glove" Taylor, American DJ, one of the pioneers on the West Coast
  • Chris Taylor (comedian), comedian, best known from The Chaser's War on Everything, CNNNN and Triple J
, 212/318-2660

or

Wilson McHenry Company

Marc Franklin, 650/638-3400
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 8, 1997
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