PLAINVIEW, NY--(Marketwired - November 22, 2016) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that its subsidiary MainConcept GmbH has licensed various MainConcept® codecs, including the HEVC/H.265 SDK and the new SCTE-35 SDK, to PlayBox Technology Limited's Neo product line.
PlayBox Technology operates within every aspect of the automated production workflow in the broadcast industry. Its latest releases of CaptureBox Neo and AirBox Neo support various media formats produced by different ingest and NLE systems, automating content playout for satellite channels, cable head-ends or over-the-air broadcasting.
CaptureBox Neo and AirBox Neo have already incorporated MainConcept's H.264, DV, DVCPRO and MPEG-2 codecs and related multiplexer / demultiplexer components. With the additional license of MainConcept's state-of-the-art HEVC/H.265 SDK, and the latest innovation-enabling dynamic ad-insertion technology provided by SCTE-35 SDK, PlayBox Technology further extends its footprint in the broadcast automation market.
Dynamic ad-insertion identifies markers in broadcast streams during ingest and playout in content management systems. MainConcept's SCTE-35 SDK provides an easy-to-use API for software vendors to handle SCTE-35 specification compliant metadata in MPEG Transport Streams, and allows retrieval, storage and insertion of commercial-related data.
"Our customers look for stable, reliable and robust technology that can be easily integrated into their software products," said Deacon Johnson, SVP Global Sales - Technology Licensing for MainConcept at NeuLion. "MainConcept's SDKs fulfill these requirements, while we lead adoption of new technologies. Our license with PlayBox for HEVC/H.265 SDK and the new SCTE-35 SDK for dynamic ad-insertion in CaptureBox Neo and AirBox Neo products exemplifies this commitment, as well as the trust that Playbox has in the NeuLion team and in the highly flexible MainConcept SDK solutions."
"NeuLion has proved to be a highly competent partner in our strategy of remaining the world's leading provider of efficient and operator-friendly television broadcast and channel-branding products, software and supporting services," adds Don Ash, President of PlayBox Technology Limited. "NeuLion understands the PlayBox Technology ethos of delivering solutions which are easy to install, fast to configure, reliable and easily scalable. That is the approach our customers appreciate."
The MainConcept Codec SDK, HEVC SDK and SCTE-35 SDK are available now. Contact us for a free evaluation trial.
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content in up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital video management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. NeuLion powers the entire video ecosystem for content owners and rights holders, consumer electronic companies, and third party video integrators through its MainConcept business. NeuLion's robust consumer electronics licensing business enables its customers like Sony, LG, Samsung and other to stream secure, high-quality video seamlessly across their consumer devices. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
About PlayBox Technology Limited
PlayBox Technology Limited is an international communications and information-technology company serving the broadcast and corporate sectors in more than 120 countries. PlayBox Technology Limited is dedicated to the research, design, development and provision of the best products, systems, solutions and services. Over 17,000 TV and branding channels are powered by PlayBox Technology Limited, broadcast solutions. Users include national and international broadcasters, start-up TV channels, webcasters, DVB (IP/ASI) TV channels, interactive TV and music channels, film channels, remote TV channels and disaster recovery channels.
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 acquisitions of DivX and Saffron Digital; 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, 2015, which is available on www.sec.gov and filed on www.sedar.com.