KANSAS CITY, MO--(Marketwired - Jul 28, 2014) - Qwilt Inc., a global leader in transparent video caching solutions, and National Cable Television Cooperative, Inc. (NCTC), a cooperative of independent cable operators, today announced that they have signed a master agreement for the sale of Qwilt's Video Caching Solution to the NCTC membership. With this agreement, NCTC members will be able to purchase and deploy Qwilt's video caching solution in their networks to optimize video traffic, reduce network costs and improve customer Quality of Experience.
Qwilt's video caching solution is already deployed at a number of NCTC member networks and the results, in terms of ROI and improved Quality of Experience are excellent. "Subscriber quality of experience is an organizational priority, and Qwilt's platform demonstrates substantial improvements once deployed," said Brandon Brooks, IT Manager of Yucca Telecom. "By serving popular bandwidth-consuming content like streaming online video and system updates from inside the network, Qwilt's platform reduces network congestion, improves the broadband experience for our customers and helps us take a strategic, data-driven approach to expanding our network capacity."
"We're pleased to add Qwilt as one of our preferred suppliers for NCTC members," said Corey McCarthy, CFO and SVP Business Development of NCTC. "Qwilt's product, business model and operational successes are a great fit for the requirements of our members. By signing this agreement with Qwilt, we continue to help our members maximize profitability and competitiveness with the latest technology and the most desired products."
"Qwilt's solution is ideal for NCTC members. It's non-intrusive, simple to deploy and brings immediate value in terms of network cost reduction and improvement in Quality of Experience," said Alon Maor, CEO of Qwilt. "Nearly every one of our customers see ROI in less than 12 months. We're pleased to establish this partnership with NCTC and look forward to bringing value to its members."
About NCTC
The National Cable Television Cooperative, Inc. (NCTC) is a Kansas not‐for‐profit corporation that operates as a programming and hardware purchasing organization for its member companies who own and operate cable systems throughout the U.S. and its territories. NCTC seeks to maximize current and future opportunities to ensure the profitability, competitive stature and long-term sustainability of its member companies.
About Qwilt
Qwilt addresses the impact of OTT video on operator networks with a unified, turnkey solution that combines transparent caching, video delivery and analytics technologies deployed at the subscriber edge. Qwilt QB-Series Video Fabric Controllers optimize delivery of streaming video content to relieve network traffic congestion for operators, and deliver a higher quality viewing experience for their customers. A growing number of the world's leading cable, telecom and mobile service providers rely on Qwilt to optimize their networks to support growing consumer demand for online video content as a primary entertainment source. Founded in 2010 by industry veterans from Cisco and Juniper, Qwilt is backed by Accel Partners, Bessemer Venture Partners, Marker and Redpoint Ventures. Learn more at www.qwilt.com.
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Contact Information:
Qwilt Press Contact:
Pam Njissang
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1 (510) 984-1528