SOUTH SAN FRANCISCO, Calif., March 26, 2013 (GLOBE NEWSWIRE) -- Envivio (Nasdaq:ENVI), a leading provider of software-based live and on-demand video processing and delivery solutions for any screen, today announced its HEVC Early Access Program for customers seeking to implement HEVC (H.265) encoding. HEVC for live or on-demand applications will be available for new installations or as a software upgrade for Envivio Muse™ customers who run their encoding services on the latest generation Envivio 4Caster™ G4 appliance or HP blade servers. Initial HEVC software deployments are expected to begin with selected customers in Q2 2013.
Envivio and Broadcom Corporation, a global innovation leader in semiconductor solutions for wired and wireless communications, are working on HEVC encoder and decoder interoperability in order to provide a proven, reliable solution ahead of commercial market deployments. The two companies will demonstrate their technology at NAB 2013, the industry's premier digital media event, featuring HEVC streams in HD encoded by Envivio Muse and decoded by the Broadcom BCM7445. This collaboration enables faster time to market for service providers seeking to roll out HEVC services for OTT or Pay TV services in the coming months.
"Our collaboration with Envivio speeds time-to-market for operators seeking to implement the latest codec standards. Together, we are able to enhance the user experience, both for multi-screen and with the future addition of Ultra HD 4K video, which take the in-home HD viewing experience to a whole new level," said John Gleiter, vice president of marketing for set top products, Broadcom.
"HEVC offers a number of advantages for operators, most immediately in enabling a high definition experience for multi-screen and OTT at bit-rates that meet the bandwidth requirements for those services," said Julien Signès, president and CEO of Envivio. "Our software-based approach simplifies deployment for our customers, as they can migrate to HEVC via a simple license upgrade. In addition, working closely with Broadcom on interoperability ensures that operators can confidently deploy reliable and high quality HEVC services in the near future."
The new HEVC standard is expected to achieve up to 50 percent bandwidth reduction at comparable video quality to MPEG-4 AVC (H.264), or provide substantial quality gains for services delivered at the same bitrates. In IPTV architectures, operators can increase eligibility to reach more customers and second/third screens, while in satellite and cable environments, HEVC can be used to increase the number of channels service providers can deliver in a transport or QAM. Moving forward, HEVC is also expected to enable new viewing experiences with 4K video resolutions.
Envivio's HEVC compression will be on display at NAB 2013 booth #SU6202, April 8-11 in Las Vegas. The company will showcase HEVC for both HDTV and viewing on tablets.
More than 300 content and service providers around the globe have selected Envivio to power their multi-screen services. Visit www.envivio.com to learn more about TV without boundaries.
Envivio (Nasdaq:ENVI) is a leader in solutions for multi-screen video processing and delivery. Envivio solutions remove the boundaries of traditional television and make the world's video content universally enjoyable by all viewers, on any device, across any network, at any time. Now in its second decade of developing market-leading video convergence solutions, Envivio powers services for more than 300 content and service provider customers around the world, including eight of the top 10 mobile operators, nine of the top 10 broadband providers and three of the top four U.S. cable operators. 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. 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. 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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