PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for November 14, 2006 Subscribe to this News Feed    
 

Everstream Expands Cleveland Operations

Recent customer wins fuel plans for workforce expansion while leading to new market opportunities.

Cleveland, OH (PRWEB) November 14, 2006 -- Everstream, a Concurrent (NASDAQ: CCUR) company and industry leader of software for broadband network usage measurement, today announced a corporate expansion plan that will result in staff increases of 50% and entry into new market segments through technology innovations in media service measurement that will position the company as the next-generation in television program ratings.

"Everstream has seen explosive growth during 2005 and 2006 through substantial deployments with North America's top cable operators including Cox, Comcast and Time Warner," said Charlie Lougheed, president of Everstream. "These wins coupled with the broadband industry's insatiable need for improved service and media measurement solutions have put us in a position to expand our operations by leveraging Cleveland's highly-skilled workforce."

Founded in 1999, Everstream is focused on the collection and measurement of data pertaining to operations and services usage in the telecommunications industry. Their flagship platform DataSuite™, is comprised of gateways, which extracts usage information at the edge of the network, and an in-house centralized data repository for secure data management and storage. DataSuite is supported by software which provides a series of concise analytical report and dashboard templates for the comprehensive measurement of cable and interactive television service consumption, audience measurement and revenue generation.

The Everstream architecture is the most pervasively deployed solution of its kind collecting detailed information from over 18 million digital subscribers in 180 markets. Because of these accomplishments and unique standing with the service provider community, the company is being herald as the next-generation for television reach, frequency and rating statistics for standard cable television, video-on-demand and newer IPTV offerings.

Now Hiring
As part of its expansion plans, Everstream is aggressively looking for database administrators, business analysts, project managers, quality assurance specialists and account managers (sales) to join their elite team of professionals who share a common commitment to innovation and excellence. Interested parties should go to www.everstream.com for more information.

About Everstream
Everstream leads the cable and telecommunications industry with the world's largest deployment of interactive data collection and reporting technology across ten of the largest telecommunications providers, including Comcast, Time Warner, Cox, Echostar and JCOM in Japan. Everstream's reporting tools provide unmatched visibility of performance and usage, enabling customers to analyze the digital services in over 180 markets. With over 18 million VOD enabled subscribers in the United States alone, Everstream's share makes up over 60% of the domestic market. Everstream's technology empowers marketing, programming, advertising and operations teams to seamlessly analyze usage, revenue and quality of interactive services. This intelligence empowers Everstream's customers to quickly identify opportunities for revenue growth, operational efficiencies and reduce subscriber defection. For more information, visit www.everstream.com.

About Concurrent
Concurrent (NASDAQ: CCUR) is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For over 40 years Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD) and, through subsidiary company Everstream, provide performance measurement systems for interactive media. Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 24 countries. Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable. For more information, please visit www.ccur.com

Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward looking statements include, among others, statements regarding our products, release schedules, customer integration, and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet release schedules and customer demands, accomplish development goals, integrate our products, and deploy integrated solutions.

Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on Sept. 1, 2006 and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading "Risk Factors" are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.

# # #

OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
Steve Fiore
SZPR
858-427-1667
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.