LAS VEGAS, NV, April 27, 2017 (GLOBE NEWSWIRE) -- 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 MainConcept® AVC/H.264, MPEG-2, DVCPRO HD and JPEG 2000 SDKs to Snell Advanced Media Systems for use in its xFile solutions covering Alchemist XF, Quasar XF, Kronos XF and MBG XF on various platforms as well as its video editing product portfolio.
xFile, available for Windows and Linux, is a scalable software architecture consisting of several solutions for media transformation, file conversion, faultless media timing and file monitoring running on commodity IT equipment. Serving broadcasters, post-production facilities and service providers, Snell Advanced Media allows customers to configure, manage and monitor the processing of file-based assets with confidence, shortening turnaround times and enhancing client satisfaction.
The highly flexible and powerful MainConcept AVC/H.264, MPEG-2, DVCPRO HD and JPEG 2000 SDKs are integrated into the complete xFile product line as well as SAM’s video editing portfolio. This integration enables users to select from a full range of video codecs the formats that best fit their specific file-based production workflows and requirements, even in up to 8K resolution. The cross-platform MainConcept SDKs provide encoding and decoding of all leading professional formats such as XDCAM, AVC-Intra, XAVC, D10, AVCHD and more, supporting MXF, MP4, MJ2 as well as MPEG-2 TS container formats.
“Seeing a wide range of MainConcept SDKs integrated into SAM’s xFile framework and video editing solutions illustrates our leadership in codec technologies and highlights that our technology meets the highest quality and performance standards of the broadcast market,” said Deacon Johnson, SVP Global Sales - Technology Licensing for MainConcept at NeuLion. “The professional codecs and formats provided by MainConcept are the driving force behind many of the leading media processing solutions in the industry, and we are proud to work with the experienced team at SAM on a broad and long-term partnership.”
“We use the MainConcept codec libraries because they are considered the best and most reliable libraries in the industry,” adds Jeremy Courtney, Head of Media Processing Software at SAM. "Snell Advanced Media offers world class products, so we need world class components in them. Strategically we choose to license codecs so we can devote our engineering efforts to the unique technology that differentiates our products in the market."
For more information about SAM xFile, please visit https://s-a-m.com/products/xfile-framework/c-24/p-231.
The MainConcept SDKs are available now. Contact us for a free evaluation trial.
About NeuLion
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 others 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 Snell Advanced Media
SAM is a new company with a unique mix of experience and energy. We have the vision to deliver business-transforming solutions across the media production ecosystem. Our future-ready systems enable broadcasters, content owners and service providers to evolve their business models to succeed in the consumer-driven era. We understand that it’s not only about the future – to get there, today’s needs are also paramount; our smart, agile technology maximizes efficiency and productivity in today’s rapidly changing media landscape.
SAM offers a comprehensive range of products right across the media production chain. Individually, each offers unique, class-leading capabilities. Together, they build into powerful, future-ready solutions that enable our customers to maximize efficiency and productivity in today’s rapidly changing media landscape.
Web: https://s-a-m.com/
Forward-Looking Statements
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, 2016, which is available on www.sec.gov and filed on www.sedar.com.