SAN JOSE, Calif. -- March 12, 2014 -- Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, will showcase its IPTV 2.0 solution during TV Connect London, March 18-20, at stand 155. Harmonic's IPTV 2.0 solution is a next-generation video delivery framework that simplifies the migration to an all-HTTP adaptive bitrate (ABR) delivery architecture. Harmonic's unique IPTV 2.0 solution provides IPTV, cable, and over-the-top (OTT) operators with a unified platform for live and on-demand services, lowering an operator's capital and operating expenses while optimizing video quality across all networks and on all screens, including TVs and set-top boxes. The Harmonic IPTV 2.0 solution was recently deployed by Totalmovie, a Grupo Salinas company and leading video streaming and OTT service, to power its new live TV streaming service spanning 40 countries throughout Latin America and the Caribbean.
"Our IPTV 2.0 solution offers pay-TV service providers a strategy to cost-effectively meet the increasing subscriber demand for high-quality video services on any screen," said Thierry Fautier, vice president of solutions marketing at Harmonic. "The flexible, scalable solution supports a wide range of devices, networks, protocols, and third-party technologies, enabling a smooth migration towards the long term vision of an all-HTTP ABR delivery architecture to millions of subscribers. The market demand is high for this type of streamlined architecture, which has already been pioneered in an OTT environment."
The Harmonic IPTV 2.0 solution enables a next-generation headend with unified broadcast and multiscreen components, including Harmonic's market-leading ProStream(R) with ACE(R) high-density broadcast/multiscreen transcoder, ProMedia(R) Live real-time multiscreen transcoder, ProMedia Origin multiscreen packager and streaming video server, and MediaGrid shared storage system. Through broad format support, advanced video compression techniques like multi-bitrate, multiresolution encoding, and time-shift TV capabilities, the IPTV 2.0 solution provides operators with all of the elements they need to support a wide range of services and devices in the most scalable and economical manner possible. Harmonic's IPTV 2.0 solution is a perfect framework to migrate smoothly from IP multicast for telcos or QAM broadcast for cable MSOs to an all-HTTP ABR delivery architecture.
The unified solution consolidates an operator's broadcast and multiscreen operations down to a single headend and user interface, optimizing efficiencies and ensuring consistent service across all devices. The IPTV 2.0 solution is part of a larger ecosystem that includes third-party CMS, middleware, digital rights management (DRM), CDN, and set-top boxes. Operators choose which components they need to support their pay-TV services, and can easily add additional components in the future. The flexible solution can seamlessly be installed within any existing architecture and work flawlessly with pre-integrated third-party components.
Harmonic's comprehensive range of solutions that bring increased operational efficiencies and cost savings to broadcast and multiscreen production and delivery will be showcased during TV Connect. Further information about Harmonic and the company's products is available at www.harmonicinc.com.
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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 IPTV 2.0 solution, including ProStream(R) with ACE(R), ProMedia(R) Live, ProMedia Origin, and MediaGrid products. Our expectations and beliefs regarding these matters may not materialize and are subject to risks and uncertainties, including the possibility that the solution or products may not meet some or all of their anticipated capabilities or provide some or all of their anticipated benefits, such as cost-effectiveness, delivery of high-quality video on any screen, flexibility, scalability, smoothness of migration, optimized efficiencies, seamless and flawless installation and work with pre-integrated third party components, and consistent service delivery across all devices.
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.
EDITOR'S NOTE - Product and company names used herein are trademarks or registered trademarks of their respective owners.