Abacast Revolutionary Streaming Technology Offers to Main Korean Broadcast Network a 95% P2P Efficiency

Abacast, which dominates the world of Hybrid Peer-to-Peer (P2P) Technologies and Services, successfully deployed Abacast's client technology with FutureStream Networks. The outcome was FutureStream Networks attaining over 95% reduction in bandwidth requirement for a 500 kbps live video stream and supported over 35,000 concurrent users for the third largest South Korean media company. The actual success lies in the fact that Hybrid P2P live streaming technology managed to reduce the bandwidth necessary to carry the simulcast channels by more than 5Gbps and considerably cut down the number of servers, networking components, and also the costs of software responsible with carrying the broadcast online. Most important, this was done without losing the stream standard quality for each user. Sun Jin Lee, CEO of FutureStream Networks, made very positive statements. He said that the Abacast Hybrid P2P solution really allows FutureStream Networks not to disappoint the audience’s high expectations achieving at the same cost efficiency superior to conventional unicast streaming. Another positive aspect outlined by Sun Jin Lee is the gradually constant increase of profits in South Korean streaming media market which has been predicted to gain 20% annually in 2008 and 2009 as utilizing the Abacast solution will also considerably enlarge the audience. The CEO of FutureStream Networks further emphasized the innovation aspect that Abacast's technology puts forward into reaching the best stream and, of course, without increasing the costs. In his turn, Mike King, President of Abacast outlined the quality Abacas brings to Hybrid Peer-to-Peer streaming media experience. This successful combination of unicast and Peer-to-Peer connectivity has brought the company more than 42 million customers. The collaboration with FutureStream Networks can only mean great future achievements for both partners, seems to believe King. He regards the employment of Abacast solution by FutureStream Networks as a great opportunity for the former to prove once again the high level it has come to in Hybrid Peer-to-Peer technology – "The fact that we can simultaneously achieve up to 95% efficiencies at a 500 kbps live Peer-to-Peer video stream with no change to the end-user experience is fantastic", added the President of Abacast.

Abacast - Facts:

Created in 2000, Abacast Inc. is a streaming technology and services provider which develops hybrid P2P technology by “borrowing” the quality and control of central server (unicast) technology and successfully combining it with the scalability and capability of P2P. With Abacast and its new employed Hybrid P2P technology it all gets to another level. It brings the age of a complete service which includes live and on-demand streaming, ad-injection and gateway ad serving, enterprise streaming, subscription methods, 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.

FutureStream Networks - Facts:

FutureStream Networks has become a leader in Asian markets reaching South Korea, China and Japan with its ground-breaking, proficient way of distributing Live Streaming, Audio/Video On Demand and IPTV solution.The company has offered unmatched digital video experiences to those very promising markets. FutureStream Networks promises the ultimate streamlined digital media experiences and will be the pioneer of digital media industry due to its well conducted research and its remarkable investments.