PLAINVIEW, N.Y., April 1, 2015 – NeuLion, Inc. (TSX: NLN), a leading technology product and service provider that specializes in the digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices, today announced support for secure end-to-end 4K streaming using HEVC and MPEG DASH.
The addition of HEVC and MPEG DASH support not only enables pay TV operators and OTT services to securely stream live video content to multiple platforms, including web, iOS, Android, smart TVs and other consumer electronic devices, but it empowers the entire ecosystem of content producers, technology providers, distributors and consumers by delivering synergy between the CE industry, OTT and TV Everywhere service providers and the DivX MainConcept value chain. Additionally, for the first time, the NeuLion Digital Platform and MainConcept solutions will ensure that consumer devices are ultra HD ready by leveraging DivX CE play out and security embedded technology.
“As digital content continues to be delivered through OTT services and as operators continue to embrace TV Everywhere on multiple screens, NeuLion will provide content rights holders Ultra HD 4K live and on-demand video delivery and monetization to any consumer device,” said NeuLion CEO Dr. Kanaan Jemili. “This new capability empowers our content partners like the NBA, NFL, NHL, Millicom, World Surf League, Univision, UFC, Rogers Media and others to deliver a premium live streaming experience at up to 4K resolution, which will be a key driver for live and on demand OTT video delivery.”
“NeuLion is powering the next generation of video experiences,” said Juan Carlos Rodriguez, president of Univision Deportes, the sports division of Univision Communications Inc. “As we evolve our sports content to ultra HD (4K) video, we have also extended our relationship with NeuLion to power all of our live sports across our U.S. fan base.”
Benefits of the NeuLion next generation video experience for CE manufactures and content owners are:
• NeuLion expands its best-in-class video technology with UHD support, 4K streaming, H264, HEVC, HLS, MPEG DASH, Security & DRM, live and on-demand delivery, Web, iOS, and Android support, plus deep integration with major consumer electronic suppliers.
• NeuLion HEVC technology will compress broadband Mbps streams and files by 30 to 40 percent, making digital distribution more efficient.
• NeuLion’s implementation of MPEG DASH solves the complexities of Ultra HD content distribution to multiple devices by making streaming support seamless on all devices.
• Device certification with DivX helps improve the digital video playback experience for consumers and reduce issues tied to supporting different standards, file formats, codecs, containers and features.
• Hollywood-approved DivX DRM security for SD, HD and 4K video is supported across the ecosystem (devices, software and video services), enabling secure video distribution and high-quality streaming playback across multiple screens, including Android, iOS, Web, PCs, Smart TVs and set-top boxes.
• The NeuLion Digital Platform reduces complexities for content rights holders, speeds OTT and TVE implementations to market, and drives new revenue across hybrid approaches that are direct to consumer and through Pay TV Affiliates.
The NeuLion DivX certification program allows NeuLion IC and OEM partners to quickly bring to market mobile and consumer electronics products that support high quality playback and streaming. To date, more than one billion shipped consumer devices from multiple major CE brands have the DivX DRM embedded at the chip level.
NeuLion will be hosting an industry press conference and reception at the NAB show in Las Vegas on Monday, April 13, 2015 at 4pm Pacific. Press, media, and other industry executives are invited and can RSVP by emailing Segolene Roche at firstname.lastname@example.org or Alicia Root at email@example.com.
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide. With the recent acquisition of DivX, the company also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback and a DivX® consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
Certain statements herein are forward-looking statements and represent NeuLion's current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to successfully integrate the operations of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available on www.sec.gov and filed on www.sedar.com.
For EMEA and APAC: Segolene Roche firstname.lastname@example.org
For The Americas: Alicia Root email@example.com
Investor Relations Contact:
Ed McGregor/Jody Burfening
(212) 838-3777About NeuLion