Context-Aware Video Optimization Solution Designed to Reduce Network Costs, Increase Network Efficiency, and Enhance the User Experience
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. Openwave Media Optimizer is part of Openwave’s Traffic Mediation solution and can be delivered pre-integrated with Openwave® Smart Policy, also announced today.
“Data demand, specifically driven by video, is on a path to quickly outstrip network capcity. According to a recent report from Cisco Systems*, video traffic is projected to be roughly two thirds of the world’s mobile data by 2014,” said Ken Denman, CEO, Openwave. “With the advent of game-changing devices such as the iPhone and potentially the iPad, the growing popularity of video on smartphones and other non-phone devices is putting a tremendous strain on operator networks. An immediate way for operators to manage skyrocketing bandwidth consumption is by deploying in-network software optimization solutions like Media Optimizer to control data transmission costs and dynamically optimize video for an optimal viewing experience.”
“Video traffic is rising and operators are looking for ways to reduce costs while monetizing the opportunities as well,” said Chetan Sharma, president of Chetan Sharma Consulting. “The ability to optimize video traffic without impacting the user experience is an important piece of the operator’s overall traffic management portfolio.”
Key benefits of Openwave Media Optimizer include the following:
Openwave Media Optimizer is expected to be generally available at the end of the first calendar quarter of 2010.
* Source: Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2009-2014, February 9, 2010
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.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).
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