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SeaChange and Concurrent Partner to Win New Multiscreen Video Business

ACTON, Mass. and ATLANTA, Feb. 12, 2015 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (Nasdaq:SEAC) and Concurrent (Nasdaq:CCUR) today announced a collaborative partnership to supply software and content delivery network technologies to a leading video service provider in North America. In conjunction with its Adrenalin multiscreen video software, SeaChange is reselling Concurrent's UpShift™ unified content delivery solution and object storage, to deliver an integrated solution for streaming live and on-demand services to an array of IP-connected devices, as well as TV set-top boxes.

Jay Samit, CEO of SeaChange commented, "Concurrent is an established leader in the video streaming market and our partnership enables more video service providers to take advantage of SeaChange's latest generation of open software platforms in combination with the market's best of breed technologies. We're looking forward to a deployment that produces new value for our joint customer."

Derek Elder, CEO of Concurrent added, "We're excited to be working with SeaChange to deliver an end-to-end multiscreen solution for customers interested in launching IP video services and applications like cloud DVR. Our UpShift CDN solution supports video streaming services to any device from a common software platform, making it an ideal fit for customers who are transitioning their core TV services to IP."

Concurrent is an Alliance-level partner in SeaChange's 200-plus member strong Open Video Alliance. SeaChange's Alliance-level partners have a track record for creating market ready, multi-vendor solutions that are specialized for particular opportunities and markets. Partnering with SeaChange enables focused strategic solution development and go-to-market support, as well as shared technology, application interface and standards development.

SeaChange Adrenalin is a comprehensive multiscreen television software platform that enables service providers of every size to deliver exciting subscriber experiences to TV set-tops, tablets, smartphones, OTT players and other IP-connected devices. SeaChange will demonstrate its video platforms at the 2015 NAB Show (April 11-16, Las Vegas). Go to www.schange.com/company/events to schedule a meeting with the Company during these and other industry events.

Concurrent's UpShift unified content delivery solution supports Internet-connected devices and TV set-top boxes from a common platform, enabling commercial video services to be streamed to consumers at home or on the go, over fixed-line or mobile broadband networks. Concurrent's UpShift software supports a wide range of applications including live video, video-on-demand, cloud DVR, and catch-up TV services. It is fully integrated with the latest release of SeaChange's Adrenalin software.

About Concurrent

Concurrent (Nasdaq:CCUR) is a global leader in unified content delivery, video analytics, and real-time Linux® solutions. The company delivers solutions for every screen and every network in support of commercial video services. Concurrent's unified content delivery and video analytics solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, and online media companies to deliver revenue generating video services to consumers on any device, over any network. The world's leading multichannel video service providers have selected Concurrent to deliver the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent's Emmy® award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent's real-time Linux solutions are used to support applications in the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information. Follow us on Twitter: www.twitter.com/Concurrent_CCUR.

About SeaChange International

Ranked among the top 250 software companies in the world, SeaChange International, Inc. (Nasdaq:SEAC) enables transformative multiscreen video services through an open, cloud-based, intelligent software platform trusted by cable, telco and mobile operators and media companies globally. Personalized and fully monetized video experiences anytime on any device, in the home and everywhere, are the product of the Company's superior multiscreen, advertising and video gateway software products.

SeaChange's customers include many of the world's most powerful media brands including all major cable operators in the Americas and Europe, and the largest telecom companies in the world. Headquartered in Acton, Massachusetts, SeaChange is TL 9000 certified and has product development, support and sales offices around the world. Visit www.schange.com.

CONTACT: Press Jim Sheehan SeaChange +1-978-897-0100 x3064 jim.sheehan@schange.com Press Kristen Bryant Concurrent +1-678-258-4221 kristen.bryant@ccur.com Investors Monica Gould The Blueshirt Group +1-212-871-3927 Monica.gould@blueshirt.com

Source:SeaChange International, Inc.