Camas, WA, May 21st, 2008 -- Abacast, the world leader in Hybrid Peer-to-Peer (P2P) Technologies and Services, is announcing an expansion of their relationship with FutureStream Networks to deliver online video and audio into China.
FutureStream Networks successfully deployed Abacast’s technology in South Korea with impressive results. Abacast’s technology delivered over 95% reduction in bandwidth requirements for a 500 kbps live video stream and supported over 35,000 concurrent users for a broadcast FutureStream provided the third largest South Korean broadcast company.
Sun Jin Lee, CEO of FutureStream Networks, said, “The Abacast Hybrid P2P solution enables FutureStream Networks to meet their growing audience demands, while achieving much greater cost efficiencies over traditional unicast streaming.”
The Abacast Hybrid P2P streaming technology reduces bandwidth required to carry their simulcast channels by over 5Gbps and also significantly reduces the number of servers, networking components, and soft costs associated with carrying broadcasts online, while maintaining a high quality streaming experience for every user.
“Abacast streams demonstrated outstanding quality and network efficiency,” adds Mr. Lee.
“We are very, very excited to be growing Abacast into China, one of the fastest growing and most dynamic economies in the world today,” states Michael King, President of Abacast. “Our relationship with FutureStream and the great success we are able to achieve both in efficiency and increase quality enabled both Abacast and FutureStream to expand into China. We are very excited about our prospects in this rapidly growing economy where webcasters recognize how urgently they need hybrid technology to deliver a high quality audience experience while minimizing the demand for bandwidth and server infrastructure required by China’s very large-scale audiences. ”
About Abacast:
Abacast Inc. is a streaming technology and services provider founded in 2000. Abacast’s hybrid P2P technology takes the quality and control of central server (unicast) technology and seamlessly combines it with the scalability and efficiency of P2P. Abacast Hybrid P2P technology is the cornerstone of a complete service including: live and on-demand streaming, ad-injection and gateway ad serving, enterprise streaming, subscription systems, podcasting, high-end audio processing/streaming PC cards, audio and video encoding software, custom media player/web design and 24/7 premium service, education and support.
Abacast PR Contact
Jason Vosburgh
+1-360-834-5229
jvosburgh@abacast.com
About FutureStream Networks:
FutureStream Networks provides revolutionary efficient distributed Live Streaming, Audio/Video On Demand and IPTV solution to major Asian markets covering South Korea, China and Japan, etc., FutureStream Networks has unveiled unique digital video experiences to those emerging markets. FutureStream Networks guarantees maximum streamlined digital media experiences and will lead the digital media industry through strong research and investments.
For FutureStream Networks Contact:
Sun Jin Lee
Tel: 02-518-8867
Fax: 02-518-8367
sales@futurestream.co.kr