Date:
Tuesday, February 10, 2015
Combined Offering Centralizes Delivery of Alternate Content Streams Across Tier-One Operator Footprints, Enabling Regionalized Channel Viewing Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, and THIS TECHNOLOGY, which helps MVPDs and programmers monetize and deliver content to any screen, today announced a partnership that enables multichannel video programming distributors (MVPDs) and programmers to deliver regionalized content such as sports or local programming to the right audience on any device. The integration brings together THIS TECHNOLOGY's alternate content delivery system with encoding solutions from Harmonic. Following successful deployment with a tier-one MVPD in 2014, the companies now jointly support network consolidation efforts that result in seamless content switching and enforce market protection via centralized control of content, encoding and distribution.
Together with Harmonic, we simplify what was once a very hardware-intensive process by offering the flexibility to use virtual IRDs, said Rick Hamilton, vice president of global sales for THIS TECHNOLOGY. This enables nationwide or market-specific content switching based on programming requirements at any given moment. Looking ahead, we are committed to the expansion of this partnership to address emerging international demand.
As part of the combined offering, THIS TECHNOLOGY's SwitchStream alternate content delivery system is integrated with Harmonic's ProStream 9100 high-density stream processor to ensure accurate switching instructions. MVPDs can also use SwitchStream to virtualize content acquisition points, automate management, scheduling and auditing of content switches, and interface with Harmonic's Electra 9200 universal multiservice encoder to eliminate decoding and re-encoding at regional headends. The solution can be deployed across various distribution platforms, including linear broadcast and OTT, to unify IP transition initiatives for MVPDs.
The alternate content delivery solution that we have brought to market with THIS TECHNOLOGY is the most efficient and cost-effective solution for service providers operating a centralized headend and multiple regional headends. Furthermore, it provides programmers all around the world with a more advanced solution while simplifying control over content schedules, said Shahar Bar, senior vice president of corporate development at Harmonic. THIS TECHNOLOGY proved to be a solid partner focused on enhancing the capabilities of our infrastructure solutions. The value of this software collaboration will be further highlighted as the industry transitions toward a virtualized infrastructure with the Harmonic VOS architecture.
Further information about Harmonic and the company's products is available at www.harmonicinc.com. To learn more about SwitchStream, visit www.thistechnology.com.
About THIS TECHNOLOGY, Inc.
Founded in 2006, THIS TECHNOLOGY, Inc. provides network software that helps MVPDs and programmers efficiently monetize content on any screen, centralize network operations, address changing ad business models, and support increasing need for regional distribution of video. This includes solutions for VOD, network DVR, IPTV, TV Everywhere, and mobile devices. The company's core products include Trajectory Dynamic Ad Insertion, SwitchStream Alternate Content Delivery System, VEX Manifest Manipulator, and MetaMore Asset Management. THIS TECHNOLOGY has raised financing from General Catalyst Partners and counts Comcast, Verizon, NBC Universal, and ABC among its customers. It is based in Denver, with offices in New York City and Beijing. For more information, visit www.thistechnology.com.
About Harmonic
Harmonic (NASDAQ: HLIT) is the worldwide leader in video delivery infrastructure for emerging television and video services. The company's production-ready innovation enables content and service providers to efficiently create, prepare, and deliver differentiated services for television and new media video platforms. More information is available at www.harmonicinc.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements related to the anticipated capabilities and benefits of Harmonic's Electra 9200 and ProStream 9100 products. Our expectations and beliefs regarding these products may not materialize and are subject to risks and uncertainties, including the possibility that the products may not meet some or all of their anticipated capabilities or provide some or all of their anticipated benefits, such as flexibility, simplicity of control over content schedules, efficiency, and cost-effectiveness.
The forward-looking statements contained in this press release are also subject to other risks and uncertainties, such as those more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec.31, 2013, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
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