Raystream(TM) Announces Evaluation Agreement with Cinefly
Internet TV site Cinefly Signs Agreement to Evaluate Raystream's HD Video Compression Solution
"Cinefly has always been dedicated to providing its audience with the best possible viewing experience, which makes Cinefly a particularly well suited evaluation partner for Raystream," says Raystream CEO Brian Petersen. "Raystream's proprietary High Definition video compression tools reduce the size of HD video files by an average of 70 percent. That means we can drastically decrease Cinefly's bandwidth costs. But even more importantly, because our unique technology condenses HD video files without losing any image quality or color saturation, we can also help Cinefly offer incredibly sharp, crisp HD videos with amazing color that will truly wow their viewers."
Cinefly's Video-On-Demand (VOD) and live streaming videos are delivered with adaptive bitrate protocol, meaning the user's network and playback conditions are automatically adapted as conditions fluctuate, which offers the highest quality viewing experience on computers and mobile devices. Raystream's technology can be used to compress Cinefly's previously recorded HD video files, as well as for live streaming of HD video. The live streaming HD video is compressed in real-time as it is generated and prior to streaming over the Internet. Additionally, Raystream's cloud-based compression tools even work with full HD 3D videos, allowing users to instantly view the compressed video on any 3D video-enabled device.
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.
Follow us on Twitter: @RaystreamInc
Like us on Facebook: www.facebook.com/raystreaminc
SOURCE: Raystream Inc.
Raystream Inc. Nadia Christian, 972-980-7206 VP of Marketing email@example.com or Halliburton Investor Relations Marlene Owen, 972-458-8000 firstname.lastname@example.org or Hala Elsherbini, 972-458-8000 email@example.com
About Raystream GmbH
Raystream Inc. is bringing its proprietary video compression technology to businesses and consumers worldwide. This technology drastically decreases bandwidth costs by reducing the file size of HD videos up to 90 percent, with an average of approximately 70 percent, and with no loss in clarity or quality -- so they can be streamed online without buffering or stopping. Raystream's technology puts high definition video in the reach of nearly every Internet user on the globe.
Raystream is a public company quoted on the OTC BB under the symbol RAYS. For more information, please visit us at www.raystream.com.