Envivio Shares Holding Above $4 Following Announcement the Co. Will Power Premium Live Video Service Delivered to Apple TV
Envivio (ENVI), a leading provider of software-based video processing and delivery solutions, today announced that it is powering premium live HD sports channels on Apple TV for a European Tier 1 service provider.
The premium channels are compressed using Envivio Muse(TM) Live encoders, protected using a new encryption mode by Envivio Halo(TM) network media processors (NMP) and delivered to Apple TV. Envivio showcased the live service at the recent TV Connect exhibition in London.
Halo is designed to support live or on-demand adaptive bitrate TV for the full range of Apple devices, using the latest content protection technologies. This capability is critical for video operators desiring to securely deliver high quality premium content to Internet-connected devices.
"We are the leaders in adaptive bitrate compression and video processing innovations for Internet and over-the-top TV, and continue to enhance our solutions by providing support for a broad range of devices and formats, including Apple TV and the related content protection technologies," said Julien Signes, Envivio's president and CEO.
The Envivio Halo NMP is designed to provide a wide range of advanced video processing functions for any-screen services, including packaging, encryption and distribution. Halo also supports time-shifted TV applications such as multi-screen network PVR, Catch-up and Start-over TV with live-to-file capabilities, targeted ad insertion, and personalized content creation in the network.
Installed centrally or distributed in the network, Halo offers huge network capacity savings and increases the flexibility of multi-screen operations. Halo NMPs use existing broadcast infrastructure to efficiently deliver advanced, secure video services for the latest smartphones, tablets, connected TVs, game consoles and PCs.
More than 300 content and service providers around the globe have selected Envivio to power their multi-screen and pay TV services. Visit www.envivio.com to learn more about TV without boundaries.
Envivio (ENVI) is the leader in software-based video processing and delivery solutions for any screen, with over 300 content and service provider customers worldwide. Envivio solutions remove the boundaries of traditional television and enable operators to increase their revenues, by providing viewers with best-in-class video quality and a compelling, personalized experience. Envivio is headquartered in South San Francisco, California and has offices worldwide including France, England, China, Singapore and Japan. Visit www.envivio.com for more information.
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 about the anticipated benefits and features of Envivio's products. Actual results may vary materially due to a number of factors including, but not limited to, the risk that, capital spending in our target markets decreases or is delayed, we are unable to maintain profitability, our relationship with our channel partners is disrupted, as well as other risks that are detailed from time to time in Envivio's SEC reports, which can be found at www.sec.gov. Envivio is under no obligation to (and expressly disclaims any such obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release.
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