New user interface capabilities drive higher performance; Company
expands technical team
Company Website:
http://www.raystream.com/home
DALLAS -- (Business Wire)
Raystream
Inc.(OTC PK: RAYS),
a global HD
video compression services company, today announced new technology
enhancements to its custom-designed HD
video compression solutions that enable higher performance
capabilities in speed, output flexibility and quality.
Through its various client evaluation agreements, Raystream has garnered
invaluable feedback on its HD compression technology and has refined and
enhanced its cloud video compression platform. Raystream’s highly
scalable, real-time service provides improved parallel processing and
performance and advanced video output settings. Performance advances
include custom GPU encoding and transcoding as high as 90 frames per
second (fps). Additionally, the advanced video settings enable the user
to customize output files in a number of different video and audio
codecs, bitrates and format extensions.
“We are excited about the powerful technology upgrades our new user
interface can deliver,” said Raystream CEO Brian Petersen. “We are
raising the standard in offering top-performing, customizable HD
video compression solutions worldwide.”
In conjunction with its newly enhanced HD video compression tools,
Raystream is entering the next phase of its strategic growth and
marketing plan. In addition to recently announced executive
appointments, the Company is strengthening its engineering and technical
team with the hiring of additional video compression technology and
algorithm experts.
“We continue to differentiate ourselves from the competition by raising
the bar on our technical milestones,” continued Petersen. “Our strategic
technology development initiatives are focused on delivering a
best-in-class solution to high growth markets that will benefit from our
unique compression technology.”
“Additionally, we are proceeding with the planned closure of our German
subsidiary, Raystream GmbH. The intellectual property was effectively
transferred to Raystream, Inc., U.S. Headquarters last fall. The closure
has no material impact on the company and further streamlines our
operations.” Petersen concluded.
Raystream offers customized HD
video compression solutions designed for video-on-demand,
for live
streaming, and for full
HD 3D videos.
About Raystream
Raystream Inc. is bringing its video compression services to businesses
that stream High Definition (HD) video online. Raystream’s technology
drastically decreases bandwidth and data storage costs by reducing the
file size of HD videos up to 90 percent -- with an average of
approximately 70 percent -- with no significant loss in HD clarity or
quality. Click here
to see the future of online video. For more information, visit www.raystream.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements.Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties.See
Raystream Inc.'s filings with the Securities and Exchange Commission
which identify specific factors that may cause actual results or events
to differ materially from those described in the forward-looking
statements.
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Contacts:
Raystream Inc.
Nadia Christian, 972-980-7206
VP
of Marketing
ir@raystream.com
or
Halliburton
Investor Relations
Marlene Owen, 972-458-8000
mowen@halliburtonir.com
or
Hala
Elsherbini, 972-458-8000
hala@halliburtonir.com
Source: Raystream Inc.
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