Brightcove Unveils Groundbreaking Video Compreion Technology at Enhances Viewing Experience and Cuts Costs

Context Aware Encoding incorporates machine learning to deliver great viewer experience and reduce storage and bandwidth costs by up to 50 percent

BOSTON, May 22, 2017 - Brightcove (NASDAQ: BCOV) announced today at its user conference, PLAY, the beta availability of Context Aware Encoding, a new video compression technology that lowers the total cost of ownership and improves video quality. Context Aware Encoding uses machine learning and deep video analysis to achieve optimum quality for each video with the fewest bits necessary. This patent-pending approach to transcoding enables Brightcove customers to maximize visual quality while reducing storage and delivery bandwidth requirements by up to 50 percent.

The release of Context Aware Encoding addresses two mandates in Brightcove's Manifesto for Transforming the Experience and Economics of Online Video in 2017. The technology radically improves the user experience publishers can deliver to their viewers by improving video experiences for users in situations where bandwidth is limited. Unlike other encoding solutions, the Brightcove technology takes into account the broader context of the video experience, creating a custom encoding profile tailored to the combination of each individual video's content complexity and viewing environment. The result for viewers is a higher quality video that starts up faster and buffers less.

Reducing video operations and delivery costs by up to 50 percent is another focus for Brightcove in 2017. For Brightcove's media customers that are managing hundreds of videos and millions of streams, the cost savings on storage and bandwidth are meaningful. By reducing the number of renditions created and automatically adjusting the bitrates, Brightcove estimates that for many customers, cost savings on storage can approach 50 percent, and on average 40 percent on bandwidth.

Context Aware Encoding analyzes each individual video and optimizes it for the target device and bandwidth profiles. The technology then optimizes video parameters such as resolution and framerate, and codec parameters like bitrate, codec profile and level, and creates the appropriate adaptive bitrate (ABR) ladder from this. By contrast, content-based approaches perform analysis to choose a more optimal bitrate from an existing ABR ladder.

Context Aware Encoding provides more bang for the bit to Brightcove Video Cloud customers, Anil Jain, executive vice president and general manager, Media Business Unit, Brightcove, said. In keeping with the manifesto that we're living by in 2017, we're proud of this new technology that simplifies the transcoding process and delivers on the promise to greatly enhance the user experience and significantly cut operational spend.

Current Brightcove Video Cloud customers interested in participating in the Context Aware Encoding beta program can contact Brightcove.

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About Brightcove

Brightcove Inc. (NASDAQ:BCOV) is the leading global provider of powerful cloud solutions for delivering and monetizing video across connected devices. The company offers a full suite of products and services that reduce the cost and complexity associated with publishing, distributing, measuring and monetizing video across devices. Brightcove has thousands of customers in over 70 countries that rely on the company's cloud solutions to successfully publish high-quality video experiences to audiences everywhere. To learn more, visit www.brightcove.com.

Press Contacts

North America:

Phil LeClare

Brightcove

(617) 674-6510

press@brightcove.com

Europe:

Rebecca Lake

WE Communications for Brightcove

+ 020 7632 3856

rlake@we-worldwide.com

This press release may include forward-looking statements regarding anticipated objectives, growth and/or expected product and service developments or enhancements. Such forward-looking statements may be identified by the use of the following words (among others): "believes," "expects," "may," "will," "plan," "should" or "anticipates," or comparable words and their negatives. These forward-looking statements are not guarantees but are subject to risks and uncertainties that could cause actual results to differ materially from the expectations contained in these statements. For a discussion of such risks and uncertainties, see "Risk Factors" in the Company s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K. Brightcove assumes no obligation to update any forward-looking statements contained in this press release in the event of changing circumstances or otherwise, and such statements are current only as of the date they are made.

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