London, September 1st, 2015 – V-Nova Ltd., a leading provider of video compression solutions, announced today that IBC will see a number of new demonstrations of its PERSEUS® video compression technology. V-Nova will team with its growing consortium of leading industry partners to show how PERSEUS can be deployed to reduce video bandwidth requirements and obtain irresistible ‘beyond bandwidth’ advantages.
“We are very excited to show IBC guests how far we have come since our public launch in April 2015,” commented Guido Meardi, V-Nova CEO & Co-founder. “In addition to the bitrate savings we have demonstrated in commercial contribution applications, visitors will see how PERSEUS delivers significant improvements in picture quality, processing speed using standard hardware, signal robustness, as well as simultaneous reductions in footprint, power usage and library redundancy. Graceful, block-free degradation at ultra-low bitrates is another unique benefit. PERSEUS solves commercial challenges that are not addressable using legacy approaches. These include UHD delivery over existing HD infrastructure and HD over 3G mobile networks. PERSEUS also enables high-quality mobile video in bandwidth constrained emerging markets, such as Africa and India.”
Partner demonstrations will enable IBC visitors to see PERSEUS in action in real world, commercial applications throughout the media delivery chain. As well as supporting its renowned partners, V-Nova will announce new significant Tier-1 partnerships in the run-up to, and during, IBC. PERSEUS-powered demonstrations on the show floor will include:
IBC show-goers will be able to find out more about PERSEUS the technology and its numerous commercial benefits, with V-Nova spokespeople taking part in three sessions at IBC:
Sunday 13th 16:45 – 18:00
Keynote Session in the IBC Forum with Eric Achtmann, Executive Chairman and Co-Founder, V-NOVA:
“Breaking the Codec: Are current video compression standards enough?”
Sunday 13th 09:30 – 09:50
Guido Meardi, CEO and Co-Founder, V-Nova. Presentation in the Content Everywhere Hub (14.J10):
“PERSEUS: The Future of Compression”
Sunday 13th 10:00-10:20
Joint session with VisualOn in the Content Everywhere Hub (14.J10)
“Advanced Compression Technologies in Scalable Media Frameworks”
“Since its award-winning NAB 2015 debut, PERSEUS has transitioned from being a “novelty” to a commercial “reality” at IBC. Successful trials and deployments with Tier-1 players confirm that PERSEUS is here to stay and will be driving long-term value for its partners and customers. We are just at the beginning of the PERSEUS story,” concluded Eric Achtmann, V-Nova Executive Chairman & Co-Founder.