SOURCE: The Bedford Report

The Bedford Report

December 14, 2011 08:16 ET

Raystream and Level 3 Communications -- Key Players in Video Streaming Boom

The Bedford Report Provides Equity Research on Level 3 Communications & Raystream

NEW YORK, NY--(Marketwire - Dec 14, 2011) - Last week Netflix chief executive Reed Hastings told an audience of investment analysts that he believed internet-streamed video will overtake cable to dominate home video viewing within three to five years. Streaming "is all people are going to care about" in a few years, Hastings argued. "People are in love with broadband, in terms of click and watch." Level 3 Communications and Raystream have become key players in the streaming market in recent years -- paving the way for future growth. The Bedford Report examines the outlook for companies in the Technology Sector and provides investment research on Level 3 Communications, Inc. (NYSE: LVLT) and Raystream, Inc. (OTCBB: RAYS). Access to the full company reports can be found at:

Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services. Over its reliable, scalable and secure network, Level 3 delivers integrated IP solutions, including converged, data, voice, video and managed solutions to help enable customers' growth and efficiency.

Earlier this year the company announced that it is providing content delivery network (CDN) services to support the live online streaming of TV programming to PC, iPhone and iPad users in Spain for leading Spanish broadcaster Prisa TV.

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Raystream says that its proprietary video compression technology "drastically decreases the file size of HD videos -- up to 90 percent, with an average of approximately 70 percent -- with no loss in the quality or crystal clarity for which HD video is known."

Last month the company announced its new Full High Definition 3D Video Compression service. The company's cloud-based architecture will allow customers to compress HD 3D videos, up to 1080 pixels, at the same bandwidth requirements as 2D content, and view the compressed video on any 3D video-enabled device, including home theatres, set-top boxes, tablets, game consoles, laptops and mobile phones.

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