Narrowstep Inc Upgrades TelvOS Platform And CDN Network

Narrowstep Inc., the TV on the Internet company, has announced that it has upgraded its telvOS platform and its CDN network.
The Company is currently shifting the focus of its sales and marketing efforts on larger enterprise customers requiring sophisticated tools and functionality and will continue to move away from smaller content providers who have traditionally had lower margins and less financial resources. Management expects that this focus on larger enterprise customers will accelerate the Company’s average revenue per customer and overall revenue growth.
Narrowstep already boasts a number of these large customers including Virgin Media, Telefonica, KPN, ITV Local, the Outdoor Channel, the Sci-Fi Channel, Land Rover and Canned TV.
“This quarter we continued to invest in our content distribution network and our technology platform and I am very pleased with the progress we have made,” said David C. McCourt, the Company’s Chairman and CEO.
“We are now in a position to provide larger enterprise customers with a sophisticated solution for monetizing their video over the Internet in a secure, controlled, high quality, and cost-effective fashion. With these significant platform investments now behind us, I anticipate a reduction in our development costs going forward.”
For additional information contact:
www.narrowstep.com
(DS)