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Live 4K OTT Services Powered by NeuLion(R) Digital Platform Coming to Samsung Ultra HD Smart TVs in 2016
PLAINVIEW, NY --(Marketwired - January 05, 2016) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the streaming, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that Samsung Electronics will integrate NeuLion's DivX® CE SDK to enable 4K live and on-demand streaming of immersive sports and premium content services powered by NeuLion on Samsung 2016 Ultra HD TVs lineup.
NeuLion's solution for consumer electronics allows OEMs to quickly deploy Smart TVs and other devices that support video streaming up to 4Kp60, including live OTT video services powered by the NeuLion® Digital Platform. NeuLion delivers an end-to-end platform providing licensed software components as well as services that include content ingestion, encoding and management to content security, monetization, monitoring and analytics that streamline the content delivery process. The platform also powers the apps that facilitate the streaming of high-quality content, including premium sports and entertainment content.
This technology integration will give Samsung consumers more access to content and make streaming even easier. NeuLion will enable live 4K streaming for a selection of sporting events on Samsung 2016 Ultra HD TVs.
"We are ready and eager to work with Samsung Electronics to embed our technology into a large footprint of devices because it enables the delivery of the compelling NeuLion-powered sport and entertainment services onto the world's most exciting Smart TV platform," said NeuLion CEO Kanaan Jemili, Ph.D.
Samsung is a long-time partner and has already shipped a wide range of DivX Certified® devices that enable personal video playback. To date, more than one billion DivX devices have shipped worldwide from multiple major consumer electronics brands.
Visit NeuLion at CES 2016 (Central Hall, Booth 15039 at the Las Vegas Convention Center) January 6-9, 2016 for a demonstration of NeuLion-powered 4K streaming on a 2016 Samsung 4K Ultra HD TV.
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. With the recent acquisition of DivX, LLC, NeuLion also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
Certain statements herein are forward-looking statements and represent NeuLion's current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to successfully integrate the operations of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available on www.sec.gov and filed on www.sedar.com.