Context-Aware Video Optimization Solution Designed to Reduce Network Costs, Increase Network Efficiency, and Enhance the User Experience
REDWOOD CITY, Calif. -
February 15, 2010 --
Openwave Systems Inc. (Nasdaq: OPWV), a global software innovator delivering context-aware mediation and messaging solutions that enable communication service providers and the broader ecosystem to create and deliver smarter services, today announced Openwave® Media Optimizer, an intelligent, scalable, and policy-aware video delivery solution. Openwave Media Optimizer enables the reduction of data transmission costs and works to improve the online video experience across any device.
About Openwave
Openwave Systems Inc. (Nasdaq: OPWV) is a global software innovator and the inventor of the mobile internet. Openwave established many of the foundational patents that allow mobile devices to connect to the Internet. Over the years, the company has built a patent portfolio of approximately 200 patents covering many innovations spanning smart devices, cloud technologies and unified messaging. Today Openwave provides all-Internet Protocol (all-IP) mediation and messaging solutions that enable communication service providers to create and deliver smarter services.
Building on its mobile data heritage, Openwave mobilizes the Internet with data-driven solutions that comprehensively enhance IP traffic and increase the value of the mobile network. Openwave arms its customers with a 360-degree view of network activity plus the tools to help them proactively optimize network resources (Congestion Control), react to user behavior with smarter data plans and services (Price Plan Innovation), and deliver a contextually relevant messaging experience (Converged Messaging).
Openwave is a global company with a blue chip customer base spanning North America, Latin America, Australia and New Zealand, Asia, Africa, Europe, and the Middle East. Openwave is headquartered in Silicon Valley, California.
Forward Looking Statement
This press release contains statements regarding Openwave Systems’ expectations of the benefits of Openwave® Media Optimizer, as well as the expected timing of the release of Openwave® Media Optimizer. Actual timing of release and performance of Openwave® Media Optimizer could differ materially as a result of unanticipated factors and events, including that Openwave Systems could face difficulties in launching Openwave® Media Optimizer, or Openwave® Media Optimizer may not function as expected with various operators, due to technical or other unforeseen reasons. Further risks inherent in Openwave Systems’ business are detailed in the section entitled “Risk Factors” in Openwave Systems’ Quarterly Report on Form 10-Q for the quarter ended December 31, 2009 (filed February 5, 2010 with the Securities and Exchange Commission).
Openwave and the Openwave logo are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.
