Company Also Announces First VOS-Based Product, Electra XVM: A Virtual Media Processor Combining Advanced Compression, Playout, and Graphics Capabilities
SAN JOSE, Calif. -- April 5, 2014 -- Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, today announced Harmonic VOS, a powerful, extensible software platform and architecture designed to shape the future of video production and delivery. VOS will enable completely virtualized media processing from a single software platform, encompassing historically discreet functions from ingest to playout, graphics, branding, compression, packaging, and delivery for broadcast and multiscreen applications. Harmonic will offer the first public demonstrations of VOS at booth SU1210 during the 2014 NAB Show in Las Vegas, April 7-10.
VOS has the potential to fundamentally change the video delivery ecosystem by bringing all media processing functions into one simplified, unified platform and workflow for increased operational flexibility, scalability, and efficiency. Operating virtually in IT data center environments, VOS can scale up or down to accommodate peaks in demand based on capacity and functional requirements across all video services.
"Harmonic VOS represents the future of video production and delivery, enabling the transformation to a software-defined, integrated, and operationally elastic infrastructure," said Patrick Harshman, president and CEO of Harmonic. "Video content providers and service providers want greater flexibility, speed, and the ability to leverage the cost-effective scale of IT environments. With VOS, our customers will be able to create and distribute new video content globally in a fraction of the time and with a fraction of the resources that it takes today, with better video quality, while leveraging public and private clouds."
VOS includes Harmonic's PURE Compression Engine, providing ground-breaking video quality and bandwidth efficiency for SD, HD, and Ultra HD formats; MPEG-2, MPEG-4/AVC, and HEVC compression over CBR; VBR, and ABR streams.
Harmonic also announced Electra XVM, the first product to be delivered based on VOS. Electra XVM is an integrated package of VOS functionality, including the PURE Compression Engine, playout, advanced graphics, packaging, and delivery, and operates in data center environments on OpenStack or VMware vSphere environments for maximum operational flexibility. Virtual machine instances of Electra XVM can leverage data center capacity on demand according to the mix of codecs and formats used, from MPEG-2 SD to HEVC Ultra HD.
"Electra XVM represents a new kind of product -- and a new kind of capability -- for our industry," said Krish Padmanabhan, senior vice president of video products for Harmonic. "It is completely virtual and completely IP, and offers unprecedented functional breadth and video quality. With workflow efficiency, bandwidth savings, and flexible cost models, it changes the economics and flexibility paradigms of content playout, distribution, and multiplatform service delivery."
"Media processing is inevitably moving into the software realm, increasing our operational flexibility while lowering operating costs," said Clyde Smith, senior vice president of new technology at FOX Network Center. "Harmonic is unique in virtualizing all aspects of media processing -- not just encoding -- into one architecture."
Electra XVM is available immediately in a variety of purchase and usage licensing models according to customer requirements. 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 Electra(TM) XVM product. Our expectations and beliefs regarding this product may not materialize and are subject to risks and uncertainties, including the possibility that the product may not meet some or all of its anticipated capabilities or provide some or all of its anticipated benefits, such as unprecedented functional breadth and video quality, greater operational flexibility and speed, cost-effectiveness, workflow efficiency, the delivery of ground-breaking video quality, bandwidth efficiency, and changes in economics and flexibility paradigms of content playout, distribution, and multiplatform service delivery.
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.
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