Rentrak and Concurrent Partner to Deliver Industry's First Three-Screen Video Analytics
June 16 2009 - 9:00AM
PR Newswire (US)
Partnership Maximizes Advertising Investment for Operators,
Advertisers and Content Providers PORTLAND, Ore. and ATLANTA, June
16 /PRNewswire-FirstCall/ -- Rentrak Corporation (NASDAQ:RENT), a
multi-screen media measurement and research company serving the
entertainment industry, together with Concurrent (NASDAQ: CCUR), a
worldwide leader in video and media solutions, today announced a
partnership agreement that will introduce the industry's first
full-scale approach to collecting media data across operators which
enables robust, cross-platform services reporting. Through this
partnership, operators, networks and advertisers will benefit from
an efficient end-to-end data management and reporting model that is
expected to speed industry adoption of addressable advertising
solutions across converging platforms, including television, mobile
devices and the Internet. With this approach, operators and content
providers will have the ability to better monetize media
information with advertisers through high quality, census-level and
near-real-time data. Concurrent will collect and correlate
multi-dimensional data across multiple services while validating
the integrity and timing of the data at the source level. In turn,
Rentrak will ingest the consolidated data in real time, and apply
its industry-leading measurement, analytics and reporting services
across operators for networks and advertisers. The end result is
expected to be a near-real-time, 360º view of video and advertising
consumption patterns, ensuring a maximum return on advertising
investments. "Rentrak and Concurrent have collaborated indirectly
for a long time, and we are excited to solidify our commercial and
technological partnership for the mutual benefit of our customers,"
said Sandra Kilbridge, vice president of operations, Advanced Media
and Information (AMI) division at Rentrak. "This partnership with
Concurrent further strengthens Rentrak's position as a key player
in multi-platform audience measurement for VOD and linear
television." "This partnership directly aligns with Concurrent's
commitment to help our customers better deliver and monetize
high-quality video across the three screens through an open,
commercial and intelligent model," said Paul Haddad, vice president
and general manager of Media Data and Advertising Solutions at
Concurrent. "Concurrent is proud to be working with an
industry-leading media analytics and reporting partner to deliver
the next generation of data management and advertising solutions
for our customers." About Rentrak Corporation Rentrak Corporation
is an industry-advancing media measurement and research company,
serving the most recognizable names in the entertainment industry.
Reaching across numerous platforms including box office, home
entertainment, on-demand and linear television, broadband and
mobile, Rentrak provides exclusive and actionable insight for our
clients and partners. From the introduction of our revolutionary
Pay-Per-Transaction(R) distribution and revenue-sharing system,
which equipped Rentrak with the intelligence and ability to deal
with large, complex data streams, to the company's exclusive
Essentials(TM) suite of services, Rentrak has redefined digital
audience measurement. Rentrak is headquartered in Portland, Oregon,
with additional offices in Los Angeles and New York City. For more
information on any of Rentrak's services, please visit
http://www.rentrak.com/. About Concurrent Concurrent (NASDAQ:CCUR)
is a global leader in innovative solutions that enable the seamless
delivery, management and monetization of video on any screen. Built
on a solid foundation of video firsts and Emmy-award winning
technology, Concurrent's screen-independent video delivery and
media data solutions create a truly holistic, 360° view of the
consumer video experience. By harnessing the full potential of
video, Concurrent provides customers in the cable, telco, wireless,
Web, advertising and content development industries with new
revenue opportunities such as advanced advertising. Concurrent's
video solutions are built upon a rich heritage of high-performance
real-time technology which also powers solutions for the defense,
aerospace, automotive and financial industries. Concurrent is a
global company with offices in North America, Europe and Asia. For
more information, please visit http://www.ccur.com/. Contacts for
Rentrak: Rentrak Media Relations - Rogers & Cowan Sallie
Olmsted (310) 854-8124 Amanda Bartz (310) 854-8151 Contacts for
Concurrent: Concurrent Media Relations - Cohn and Wolfe Rebecca
Biggs (404) 242-8763 Concurrent Investor Relations Kirk Somers
(678) 258-4000 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 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 customer schedules and demands and
deployment and integration goals. Important risk factors are
discussed in our Form 10-K filed with the Securities and Exchange
Commission on 27 August 2008, 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. Concurrent Computer
Corporation and its logo are registered trademarks of Concurrent
Computer Corporation. All other Concurrent product names are
trademarks of Concurrent while all other product names are
trademarks or registered trademarks of their respective owners.
Linux(R) is used pursuant to a sublicense from the Linux Mark
Institute. DATASOURCE: Rentrak Corporation; Concurrent CONTACT:
Rentrak Media Relations, Sallie Olmsted, +1-310-854-8124, , or
Amanda Bartz, +1-310-854-8151, , both of Rogers & Cowan; or
Concurrent Media Relations, Rebecca Biggs of Cohn and Wolfe,
+1-404-242-8763, , or Concurrent Investor Relations, Kirk Somers,
+1-678-258-4000, Web Site: http://www.rentrak.com/
http://www.ccur.com/
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