April 19, 2016 08:03 ET
Autodesk Chooses NeuLion's MainConcept Solution
For Its Software Line of Products, Autodesk Licenses MainConcept Codec SDKs
PLAINVIEW, NY--(Marketwired - April 19, 2016) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced the renewal of its license agreement for MainConcept codec SDKs.
Autodesk licenses a number of MainConcept Codec SDKs including H.264 Broadcast and DVC Pro HD that are integrated into Autodesk Media and Entertainment software solutions.
"We are very pleased with the MainConcept codec products and the high performance they deliver for Autodesk solutions," said Steve McNeill, director, Film & TV Solutions, Autodesk.
The MainConcept video and audio codecs are integrated into a variety of Autodesk products including Autodesk Flame Family and Autodesk Smoke video effects software.
"The MainConceptŪ Codec SDKs offers high-quality solutions for high performance products like those that Autodesk offers," said Michael Her, executive vice president and CTO at NeuLion, Inc.
MainConcept is the leading provider of video and audio encoding, decoding, transcoding and streaming technologies. With offerings that range from individual components for software developers to ready-to-use enterprise transcoding solutions, MainConcept's video technology delivers exceptionally high quality, high performance and bitrate efficient solutions for digital media professionals worldwide.
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. NeuLion also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video streaming, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
Autodesk, the Autodesk logo, Flame, and Smoke are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries
Certain statements herein are forward-looking statements and represent NeuLion's current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2015, which is available on www.sec.gov and filed on www.sedar.com.