SOUTH SAN FRANCISCO, Calif., Sept. 2, 2014 (GLOBE NEWSWIRE) -- Ushering in the New Age of television, Envivio (Nasdaq:ENVI) today announced the introduction of Envivio NuageSM - the world's most advanced fully virtualized cloud-based software-as-a-service (SAAS) video solution.
Envivio Nuage is designed to manage content for video service and content providers - from content acquisition to the consumer - on any screen. Envivio Nuage supports live linear and on-demand video, and operates as a service on private, operator-owned networks, on the public cloud, or in hybrid environments.
Envivio CEO Julien Signes commented, "From large operators to small content owners, everyone wants to deliver their video assets to all consumers on any screen. But the complexity of the fast-evolving ecosystem, the long and painful multi-vendor integration, makes launching those projects a lengthy and costly process that hinders industry progress."
"This expansion of our portfolio allows us to offer the virtualized video solution in a service providers' privately owned cloud, a public cloud, or a combination of both. This gives operators the flexibility they need to launch or scale multi-screen video services using the efficiencies and elasticity of the cloud, with fast time-to-market, seamless end-to-end integration, and employing a pay-as-you-grow OPEX model. With Nuage, we can enable the next Netflix or ESPN.com in 30 days or less," said Envivio's VP-Strategy and Corporate Development Arnaud Perrier.
"We offer broadcast quality, including 4K, with 24/7 operated and monitored live, linear and on-demand video services from the cloud with the full panel of monetization features...no one else does that," Perrier added.
This software-as-a-service video solution is built on the cloud instantiation of the broad solution set of Envivio offerings for video processing, video delivery and video personalization, including Envivio's award-winning Muse™ , Halo™ and Guru™ software products for video processing, encryption, packaging, storage, distribution and network management. These products are designed to offer unmatched video quality on any screen, support the full range of video streaming formats and DRM technologies, HEVC, H.264, and MPEG-2 standards, and feature personal TV applications such as time shifting, Catch-Up TV, Start-Over TV, nPVR, Follow Me TV, and targeted advertising, plus blackout, ad insertion, subtitling and just-in-time packaging. Live linear and on-demand content can be simultaneously delivered to high-engagement platforms such as Apple TV, XBox, Roku, Amazon Fire TV, iOS/Android tablets, and smart TVs.
Envivio will officially unveil the Nuage solution during an event in San Francisco Sept. 4, which will be streamed live in HEVC to 4K-enabled devices and in HD for tablets, PCs, or smartphones. Stream the event live, or watch it later. Click here to register for the event:
Number one in multi-screen video deployments worldwide, Envivio (Nasdaq:ENVI) is a global market leader and innovator of video software solutions that are trusted by leading video service providers and content companies worldwide to power stunning video quality and captivating, personalized experiences to their millions of viewers on any device, over any network.
Powering the best 'TV without boundaries' experiences through processing, delivery and personalization technologies, Envivio enables video operators of any size, the ability to increase revenues and reduce costs, while providing unique broadcast-grade video technology to support the new age of TV.
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.
This information is intended to outline our general product direction, is not a commitment, promise or legal obligation to deliver any material, code, or functionality, and should not be relied on in making a purchasing decision. The development, release, and timing of any features or functionality described for our products remains at our sole discretion. Envivio reserves the right to modify future product plans at any time. These new software options may be purchased separately when and if available.
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