Concurrent Receives a U.S. Patent for Targeted Video Advertising in Electronic Program Guides
Concurrent Receives a U.S. Patent for Targeted Video Advertising in Electronic Program Guides
ATLANTA--(BUSINESS WIRE)-- Concurrent (NAS: CCUR) , a global leader in multi-screen video delivery and media data intelligence solutions, today announced it has been awarded U.S. Patent No. 8,522,268 entitled Method and Apparatus for Creating a Targeted Integrated Image. The patent defines a process for creating and incorporating personalized streaming video and images into a subscriber's electronic program guide (EPG) for the purposes of advertisement. The patented process uses consumer viewing and purchasing habits, as well as menu navigation information, to determine which advertisements are most suitable. The mechanism incorporates the selected advertisements into the user interface of the EPG and presents the associated streaming video or still images as an integrated element of the user interface, for example a picture-in-picture window.
"We are happy to announce our second patent award in the past month," said Bob Chism, Chief Technology Officer for Concurrent. "Generating revenue through personalized video advertising is a critical component of both traditional and Internet based video service providers' growth strategies and we are proud to have received a patent for our innovative method."
Concurrent continues to expand its portfolio of patents related to multiscreen content delivery, network DVR, and video monetization. The company was previously awarded a patent for a demand-based edge caching method and for a method of inserting advertisements in network DVR, video-on-demand and time-shifted TV content.
About Concurrent
Concurrent (NAS: CCUR) is a global leader in video, media data intelligence and real-time Linux® solutions. Concurrent provides customers with transformative solutions to fuel their business beyond what was thought possible. Concurrent's unified video delivery and media data intelligence solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, online media companies and satellite TV broadcasters to deliver revenue generating video services to consumers on any device, over any network. The world's leading multichannel video service providers have selected Concurrent to deliver the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent's Emmy® award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent's real-time Linux solutions are used to support applications in the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information. Follow us on Twitter: www.twitter.com/Concurrent_CCUR.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws.Statements regarding future events and development 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. These forward-looking statements include, among others, statements regarding our products and product development.All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected.Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.
Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission ("SEC") on August 28, 2012, and may be discussed in subsequent periodic reports filed with the SEC. The risk factors discussed in such Form 10-K and subsequently filed periodic reports 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.
Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All other Concurrent product names are trademarks or registered trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.
For Concurrent
Media Relations:
Kristen Bryant, 678-258-4221
Kristen.Bryant@ccur.com
or
Lauren Nowicki, 646-202-9783
lauren.nowicki@horngroup.com
or
Investor Relations:
Sandra Dover, 678-258-4112
investor.relations@ccur.com
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