Herzeliya, Israel, June 27, 2023 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd (NASDAQ: BMR), a leading provider of video encoding solutions, announced today the signing of a licensing agreement with TAG Video Systems, the world leader in software-based integrated IP Multiviewing, Probing, and Monitoring solutions. This collaboration aims to revolutionize video processing and deliver superior visual experiences to users worldwide.
TAG Video Systems plans to integrate Beamr's cutting-edge Beamr 5 HEVC encoder into their flagship monitoring & visualization system. By incorporating this advanced encoder, TAG will elevate their video quality even further and enable comprehensive integrated support for High Dynamic Range (HDR) and DolbyVision technologies. This integration is expected to empower content creators and broadcasters to deliver captivating HDR visuals with greater precision, efficiency and flexibility.
Upon testing the Beamr 5 HEVC encoder, Tomer Schechter - TAG Video Systems CEO, commented on the encoder's exceptional performance. "We were in search of a high-quality, high-performance HEVC software encoder, and Beamr surpassed our expectations in both speed and quality," said Tomer. "Not only did Beamr's encoder perform significantly faster, but it also produced superior video quality compared to other solutions including open source projects"
Sharon Carmel, Beamr CEO said: “TAG Video Systems' reputation is a leader in IP monitoring and analysis tools. TAG's expertise in UHD Multiviewer combined with their commitment to the highest quality standards make them an ideal partner for us. We are thrilled that TAG had such remarkable experience testing our codec SDK and we believe it serves as a testament to our excellence in video encoding solutions."
Beamr (Nasdaq: BMR) is a world leader in content adaptive video solutions. Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award, Beamr's perceptual optimization technology enables up to a 50% reduction in bitrate with guaranteed quality. www.beamr.com
About TAG Video Systems
TAG Video Systems is the global leader in software-based integrated IP Multiviewing, Probing, and Monitoring solutions. The company offers advanced tools that enable broadcasters, content creators, and service providers to streamline their operations, ensure video quality, and improve overall efficiency across all media workflows.
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