PLAINVIEW, N.Y., Sept. 18, 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 released for immediate licensing, full Apple HLS content creation for both HEVC/H.265 and AVC/H.264 in their recent SDK distributions compliant with the latest official Apple specifications.
Apple’s announcement to natively support the HEVC/H.265 codec in HLS for all next generation iOS and macOS versions has caused excitement in the market and heated up discussions about HEVC. While other companies are debating potential implications, MainConcept is the first company to offer full encoding support in their Codec SDKs, including playlist and master playlist generation. The new multi-platform package allows for HLS content creation in both AVC in Transport Stream and HEVC in fMP4 (fragmented MP4), and a mixture of both formats within a single master playlist file.
MainConcept enables their customers to be the first to market in preparation for Apple’s big move towards HEVC with a special, limited time Promotional Bundle offer. Both existing and new MainConcept customers can save up to 50% when licensing AVC/H.264, HEVC/H.265 encoding, as well as the HLS Multiplexing and Packaging SDKs for developing HLS compliant solutions. This exclusive offer is valid only until 12/31/2017.
“The Apple announcement gave a big push to the market and we have noticed an increasing demand for this exciting new format among our customer base,” said Deacon Johnson, SVP Global Sales - Technology Licensing for MainConcept at NeuLion. “The increasing demand to license our H.265 Encoder and Decoder supports our continuous investment in this codec. We started in 2014 with the first commercially available HEVC/H.265 SDK, allowing us to offer the most reliable and highly optimized 8th generation of this video SDK to the market today. The MainConcept HEVC/H.265 SDK is already widely adopted by industry-leading companies in various markets and use-cases, such as broadcast, defense, DVB-T2, security and surveillance, and the recent announcement by Apple will push more OTT services to deploy this codec.”
Among the recent MainConcept HEVC/H.265 Encoder and Decoder licensees are global players like Grass Valley, a Belden Brand, Kongsberg Defense Systems, Hauppauge Computer Works as well as other renowned companies across a variety of markets.
The MainConcept SDKs for HEVC/H.265 and HLS content creation 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, EFL, World Surf League, Univision, Eleven Sports Network 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.
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,” 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 Saffron Digital Limited; our ability to realize some or all of the anticipated benefits of our partnerships; our ability to increase revenue; 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.
CONTACT INFORMATION
Press Contact: Chris Wagner | chris.wagner@neulion.com | +1 516 622 8357
Investor Relations Contact: Rob Kelly| rob.kelly@loderockadvisors.com | +1 416 992 4539