SOUTH SAN FRANCISCO, Calif., Nov. 28, 2012 (GLOBE NEWSWIRE) -- Envivio (Nasdaq:ENVI), a leading provider of live and on-demand multi-screen IP video processing and delivery solutions, today announced that LG U+ has deployed Envivio encoding solutions to power its new LG u+tv G multi-screen service, the first service offering in South Korea to support Google TV. LG u+tv G offers subscribers access to live channels and on-demand TV integrated with apps including Search, YouTube, Google Play and Chrome, via an Internet-connected set-top box.
LG U+ uses Envivio encoders to power its TV Everywhere service, providing more than 126 channels of video to TVs, PCs, tablets and smartphones. LG U+ is a telecommunications service provider in Korea and a subsidiary of LG Group.
"We are excited to be able to offer the LG u+tv G service to our subscribers as another way to experience television in an interactive fashion," said Hyunil Moon, general manager of the IPTV business team at LG U+. "The Envivio encoders were selected because they provided the best video quality at any given bitrate, on any device. This decision was reinforced by the fact that our previous implementation of multi-screen with the Envivio systems has proven to be an extremely reliable, robust architecture."
"LG U+ is an innovative operator, and the introduction of this new Google TV service takes their video service to the next level," said Julien Signès, Envivio's president and CEO. "At Envivio, we are committed to providing solutions that offer the flexibility and scalability our customers need, with the feature set to support traditional TV and advanced applications on any viewing device."
Envivio Muse™ Live and On-Demand software encoders/transcoders provide high quality video, in any format to any device over any network. With a converged architecture and feature-rich software-based design, Envivio Muse can be easily upgraded and runs on the Envivio 4Caster™ Intel-based appliances or HP blade servers.
More than 300 content and service providers around the globe have selected Envivio to power their multi-screen services. Visit www.envivio.com to learn more about TV without boundaries.
About LG U+
The three LG Telecommunication companies make a new start under the name "LG U+". The company was founded on the back of the successful commercialization of the world's first CDMA technology in July 1996. Since beginning the PCS service around the country in October 1997, the company has continued to grow together with the customers and today, LG Telecom, LG Dacom, and LG Powercom have combined to make a new start as LG U+.
About Envivio
Envivio (Nasdaq:ENVI) is a leader in solutions for multi-screen video processing and delivery. Envivio solutions remove the boundaries of traditional television and make the world's video content universally enjoyable by all viewers, on any device, across any network, at any time. Now in its second decade of developing market-leading video convergence solutions, Envivio powers services for more than 300 content and service provider customers around the world, including eight of the top 10 mobile operators, nine of the top 10 broadband providers and three of the top four US cable operators. Envivio is headquartered in South San Francisco, California and has offices worldwide including France, England, China, Singapore and Japan. Visit www.envivio.com for more information.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may vary materially due to a number of factors including, but not limited to, the risk that, capital spending in our target markets decreases or is delayed, we are unable to maintain profitability, our relationship with our channel partners is disrupted, as well as other risks that are detailed from time to time in Envivio's SEC reports. Envivio is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release.
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