Abacast Streaming Technology Delivers 95% P2P Efficiency for Major Korean Broadcast Network
Camas, WA, January 16th, 2008 -- Abacast, a world leader in Hybrid Peer-to-Peer (P2P) Technologies and Services, successfully deployed Abacast’s client technology with FutureStream Networks. Utilizing Abacast’s Hybrid Peer-to-Peer Technology, FutureStream Networks achieved over 95% reduction in bandwidth requirement for a 500 kbps live video stream and supported over 35,000 concurrent users for the third largest South Korean media company.
The Hybrid P2P live streaming technology reduced the bandwidth required to carry the simulcast channels by over 5Gbps and also significantly reduced the number of servers, networking components, and soft costs associated with carrying the broadcast online while keeping the stream quality as high as standard streaming technologies for every user.
Sun Jin Lee, CEO of FutureStream Networks, said, “The Abacast Hybrid P2P solution enables FutureStream Networks to meet their growing audience demands, while achieving much greater cost efficiencies over traditional unicast streaming. Revenue growth in the South Korean streaming media market is forecasted to increase 20% annually in 2008 and 2009 and employing the Abacast solution will allow us to profitably reach the largest possible audience. We chose content from a high profile customer to utilize with the Abacast solution and our streams demonstrated outstanding quality and network efficiency. Abacast is the only solution we have looked at that provides a cost effective yet high quality experience. The best stream comes from our interest in consistently developing and utilizing the best technology and we believe Abacast’s technology fits that definition.”
“With over 43 million downloaded Abacast clients, and our unique ability to seamlessly blend unicast and Peer-to-Peer connectivity, Abacast has proven that it can deliver a high quality Hybrid Peer-to-Peer streaming media experience anywhere in the world. This is a testament to the superiority of Abacast’s solution. Further, we are obviously very excited that FutureStream Networks chose content from such an important media provider to showcase Abacast’s Hybrid Peer-to-Peer solution,” said Mike King, President of Abacast. “This achievement provides Abacast with an additional opportunity to showcase the capability of our Hybrid Peer-to-Peer technology. The fact that we can simultaneously achieve up to 95% efficiencies at a 500 kbps live Peer-to-Peer video stream with no change to the end-user experience is fantastic.”
About Abacast:
Abacast Inc. is a streaming technology and services provider founded in 2000. Abacast’s hybrid P2P technology takes the quality and control of central server (unicast) technology and seamlessly combines it with the scalability and efficiency of P2P. Abacast Hybrid P2P technology is the cornerstone of a complete service including: live and on-demand streaming, ad-injection and gateway ad serving, enterprise streaming, subscription systems, podcasting, high-end audio processing/streaming PC cards, audio and video encoding software, custom media player/web design and 24/7 premium service, education and support. For more information go to: www.abacast.com or info@abacast.com.
About FutureStream Networks:
FutureStream Networks provides revolutionary efficient distributed Live Streaming, Audio/Video On Demand and IPTV solution to major Asian markets covering South Korea, China and Japan, etc., FutureStream Networks has unveiled unique digital video experiences to those emerging markets. FutureStream Networks guarantees maximum streamlined digital media experiences and will lead the digital media industry through strong research and investments.
For Abacast PR contact:
Jessica Sinn
360.834.5229
jsinn@abacast.com
