SeaChange International Named to Streaming Media’s Top 50 Companies Leading the Online Video Industry List
11 October 2018 - 1:00AM
Video solutions pioneer SeaChange International (NASDAQ: SEAC) has
been selected by Streaming Media’s editors as one of the top 50
most influential companies taking the streaming media industry into
the future. All companies chosen for the honor will be profiled in
the magazine’s October issue.
The issue also features a byline by SeaChange’s Chief Executive
Officer, Ed Terino, discussing how open cloud-based video platforms
are enabling ‘video everywhere’ and facilitating new opportunities,
business models and markets. Additionally, these platforms provide
video technology providers with the opportunity to integrate
advanced services into any given workflow. As a result, video
providers and content creators can offer customers a more
personalized and engaging viewing experience.
This year SeaChange embarked on a major portfolio refresh,
leveraging a new brand name, cFlow, to describe the multiple
elements in its video management solutions suite. SeaChange also
launched a new cloud-based PaaS video management and delivery
solution, the PanoramiC platform, for both OTT and IPTV. The
PanoramiC platform is a real-world expression of SeaChange’s
advocacy for open, multi-vendor solutions that will unleash OTT
video’s potential. With the new brands and messaging, SeaChange has
positioned itself for the future.
“If our industry is to optimize innovation, cost efficiency and
growth, while providing the experience that viewers demand, we must
evolve to more open systems and APIs that offer rapid deployment
and feature portability across a wide swath of systems and viewers.
Ultimately this will drive the economies of scale and innovation
that a fully IP-enabled future can unleash,” said Ed Terino, Chief
Executive Officer, SeaChange.
“The online video marketplace is more crowded than ever, and
it’s getting tougher to separate the facts from the fluff, and so
we decided to make our annual list even more exclusive—the 50 most
important, most innovative, and most interesting companies
operating in our space today” said Streaming Media editor and VP
Eric Schumacher-Rasmussen. “It’s a list compiled by the
experts—Streaming Media’s editorial staff—and we hope it helps our
readers better understand who and what really matters in our
industry today.”
The Top 50 List has been published on Streaming Media’s website.
Ed Terino’s View from the Top article can only be read by those who
subscribe to the publication’s digital edition.
To learn more about SeaChange International, please visit
www.seachange.com. Follow SeaChange on Twitter, Facebook, and
LinkedIn.
About SeaChange International For 25
years, SeaChange (Nasdaq: SEAC) has pioneered innovative solutions
to help video providers around the world manage and monetize their
content. As the video industry rapidly evolves to meet the
“anytime, anywhere” demands of today’s viewers, SeaChange’s
comprehensive content, business, viewer experience and advertising
management solutions provide a mature, network-agnostic,
cloud-enabled platform of scalable core capabilities that video
service providers, broadcasters, content owners and brand
advertisers need to create the personalized, indivisual™
experiences that drive viewer engagement and monetization. For more
information, please visit www.seachange.com.
Safe Harbor Provision Any statements
contained in this press release that do not describe historical
facts, including regarding future operations of SeaChange, are
neither promises nor guarantees and may constitute “forward-looking
statements” as that term is defined in the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking statements may
include words such as “may,” “might,” “will,” “should,” “expects,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,”
“potential” or “continue,” the negative of these terms and other
comparable terminology. Any such forward-looking statements
contained herein are based on current assumptions, estimates and
expectations, but are subject to a number of known and unknown
risks and significant business, economic and competitive
uncertainties that may cause actual results to differ materially
from expectations. Numerous factors could cause actual future
results to differ materially from current expectations expressed or
implied by such forward-looking statements, including the risks and
other risk factors detailed in various publicly available documents
filed by the Company from time to time with the Securities and
Exchange Commission (SEC), which are available at www.sec.gov,
including but not limited to, such information appearing under the
caption “Risk Factors” in the Company’s Annual Report on Form 10-K
filed with the SEC on April 16, 2018. Any forward-looking
statements should be considered in light of those risk factors. The
Company cautions readers not to rely on any such forward-looking
statements, which speak only as of the date they are made. The
Company disclaims any intent or obligation to publicly update or
revise any such forward-looking statements to reflect any change in
Company expectations or future events, conditions or circumstances
on which any such forward-looking statements may be based, or that
may affect the likelihood that actual results may differ from those
set forth in such forward-looking statements.
Contacts:
Press:Sophie Latish Brand Definition +1 (503)
360-6411 sophie@brand-definition.com
Investors: Mary T. Conway Conway Communications +1
(781)-772-1679 marytconway@comcast.net
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