Beamr and TAG Video Systems Partner to Deliver Exceptional Video Quality and Performance
27 Junho 2023 - 8:00AM
Beamr Imaging Ltd (NASDAQ: BMR), a leading provider of video
encoding solutions, announced today the signing of a licensing
agreement with TAG Video Systems, the world leader in
software-based integrated IP Multiviewing, Probing, and Monitoring
solutions. This collaboration aims to revolutionize video
processing and deliver superior visual experiences to users
worldwide.
TAG Video Systems plans to integrate Beamr's cutting-edge Beamr
5 HEVC encoder into their flagship monitoring & visualization
system. By incorporating this advanced encoder, TAG will elevate
their video quality even further and enable comprehensive
integrated support for High Dynamic Range (HDR) and DolbyVision
technologies. This integration is expected to empower content
creators and broadcasters to deliver captivating HDR visuals with
greater precision, efficiency and flexibility.
Upon testing the Beamr 5 HEVC encoder, Tomer Schechter - TAG
Video Systems CEO, commented on the encoder's exceptional
performance. "We were in search of a high-quality, high-performance
HEVC software encoder, and Beamr surpassed our expectations in both
speed and quality," said Tomer. "Not only did Beamr's encoder
perform significantly faster, but it also produced superior video
quality compared to other solutions including open source
projects"
Sharon Carmel, Beamr CEO said: “TAG Video Systems' reputation is
a leader in IP monitoring and analysis tools. TAG's expertise in
UHD Multiviewer combined with their commitment to the highest
quality standards make them an ideal partner for us. We are
thrilled that TAG had such remarkable experience testing our codec
SDK and we believe it serves as a testament to our excellence in
video encoding solutions."
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content adaptive video
solutions. Backed by 53 granted patents, and winner of the 2021
Technology and Engineering Emmy® award and the 2021 Seagate Lyve
Innovator of the Year award, Beamr's perceptual optimization
technology enables up to a 50% reduction in bitrate with guaranteed
quality. www.beamr.com
About TAG Video Systems
TAG Video Systems is the global leader in software-based
integrated IP Multiviewing, Probing, and Monitoring solutions. The
company offers advanced tools that enable broadcasters, content
creators, and service providers to streamline their operations,
ensure video quality, and improve overall efficiency across all
media workflows.
Forward-Looking Statements
This press release contains “forward-looking statements” that
are subject to substantial risks and uncertainties. Forward-looking
statements in this communication may include, among other things,
statements about Beamr’s strategic and business plans, technology,
relationships, objectives and expectations for its business, the
impact of trends on and interest in its business, intellectual
property or product and its future results, operations and
financial performance and condition. All statements, other than
statements of historical fact, contained in this press release are
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not all forward-looking statements contain these words.
Forward-looking statements are based on the Company’s current
expectations and are subject to inherent uncertainties, risks and
assumptions that are difficult to predict. Further, certain
forward-looking statements are based on assumptions as to future
events that may not prove to be accurate. For a more detailed
description of the risks and uncertainties affecting the Company,
reference is made to the Company’s reports filed from time to time
with the Securities and Exchange Commission (“SEC”), including, but
not limited to, the risks detailed in the Company’s annual report
filed with the SEC on April 24, 2023 and in subsequent filings with
the SEC. Forward-looking statements contained in this announcement
are made as of the date hereof and the Company undertakes no duty
to update such information except as required under applicable
law.
Investor Contact:
investorrelations@beamr.com
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