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V-Nova, a leading provider of video compression solutions, today announced that its next-generation PERSEUS Plus codec will be supported by Telestream's Lightspeed Live video streaming system, which is used by numerous major operators and video service providers worldwide. Telestream Lightspeed Live provides live multi-screen encoding, packaging and distribution in addition to multichannel video capture and processing. With PERSEUS Plus integrated with Lightspeed Live, operators and service providers can deploy the most efficient and cost-effective encoding and transcoding solutions for live streaming on the market. PERSEUS will be available in Lightspeed Live Stream from version 3.0.
PERSEUS Plus enables video to be transmitted at half the bitrate of existing h.264 solutions whilst improving picture quality, and the low complexity of PERSEUS Plus h.264 also increases encoding density by 2-3x when compared to HEVC.
The combination of the two technologies offers video service operators unparalleled performance, serving their customers with the highest quality of experience while significantly increasing operational efficiency.
We have always been committed to ensuring our customers have access to the most innovative and advanced video delivery capabilities on the market, said Scott Murray, VP of Product Management at Telestream. It is clear that V-Nova's unique PERSEUS codec plays a key role in rolling out higher-quality and more efficient video services. We're delighted to be able to offer PERSEUS to our customers.
Guido Meardi, CEO and co-founder at V-Nova, said, We are seeing tremendous momentum with major international video service providers looking to upgrade their video delivery to achieve higher quality. Telestream has come up time and time again as the preferred encoder vendor for so many of them and we're excited that they will now have an out-of-the-box solution to switch on the power of PERSEUS Plus delivery.
Working within industry-standard formats like MPEG-TS, HLS and MPEG-DASH, PERSEUS Plus delivers the best picture quality across any platform, even at low bandwidths. PERSEUS Plus leverages existing dedicated decoder hardware acceleration and works in tandem with existing codecs including AVC/h.264, HEVC, VP9 or in the future AV1 to offer the highest device compatibility in the market. This approach enables all devices to be software updated to receive substantially more efficient video compression without impacting power consumption or decoding reliability.
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About V-Nova
V-Nova Ltd. is a London-headquartered technology company providing next-generation compression solutions that address the ever-growing media processing and delivery challenges. V-Nova provides solutions spanning the entire media delivery chain, including content production, contribution, storage and distribution to end users. V-Nova's award-winning PERSEUS is the only cross-media codec format and delivers on the promises of next-generation image and video compression, today. Using PERSEUS technology, media and entertainment companies can now monetise unmet consumer demand for higher definition video everywhere, on existing devices and infrastructure, by a simple software upgrade. The PERSEUS technology works in 2 ways: PERSEUS Pro is an Intra codec for mathematically lossless and visually lossless professional production, contribution and imaging workflows. PERSEUS Plus is a temporal codec designed to enhance a base codec such as H.264, HEVC or AV1, adding additional layers of detail for unbeatable distribution efficiency to consumers. For more information please visit www.v-nova.com
About Telestream
Telestream provides world-class live and on-demand digital video tools, workflow solutions and quality monitoring capabilities that allow consumers and businesses to transform video on the desktop and across the enterprise. Many of the world's most demanding media and entertainment companies, and service providers, as well as a growing number of users in a broad range of business environments, rely on Telestream products to streamline operations, reach broader audiences, generate more revenue from and ensure the quality of their media. Telestream enables the monitoring and management of quality service and experience over any network. Telestream corporate headquarters are located in Nevada City, California. The company is privately held. For more information please visit www.telestream.net.
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