Kaltura Receives Top Recognition From Fierce Innovation Awards for OTT Now

NEW YORK, NY--(Marketwired - November 11, 2015) - Kaltura (www.kaltura.com), the leading video technology provider,announced today that it has been recognized by this year's Fierce Innovation Awards: Telecom Edition, a unique industry awards program powered by the publishers of FierceWireless, FierceTelecom and FierceCable. Kaltura received top honors in the OTT Services category, as well as an overall award of Best in Show in the Best New Revenue Creator/Enhancer category. Kaltura is being recognized for its industry-leading and innovative product, Kaltura OTT Now.

Winners were selected by an exclusive panel of judges which included: Jeff Cologna, Strategic Partnerships, U.S. Cellular Product & Innovation; Andrew Ip, Senior Vice President of Optimum Labs, Cablevision System Corporation; Dan Murphy, Director, Verizon Innovation Program; Mattias Fridström, Vice President & Head of Technology, TeliaSonera International Carrier; Robert Howald, Vice President of Network Architecture, Comcast; Ron Marquardt, Ph.D., Vice President of Technology, Innovation & Architecture, Sprint; David A. Mayo, Senior Vice President of Technology, T-Mobile USA; and Michael Weston, Senior Executive, Verizon.

Judges evaluated submissions based on technology innovation, financial impact, market validation, ability to integrate into existing network environments, and end-user customer experience.

Kaltura OTT Now is the most comprehensive end-to-end 'OTT platform in a box'. OTT Now provides content owners, broadcasters and service providers a cost-effective entry point that incorporates out-of-the-box all the functionality required to launch a compelling OTT service in the shortest time to market -- as little as two months. OTT Now offers all the tools necessary to quickly and cost-effectively launch an OTT service -- from a robust backend to slick personalized mobile and web applications that can be easily branded and launched.

The solution allows customers to leverage a variety of business models -- subscriptions, transaction-based (including in-app purchasing), ad-funded and freemium. In addition, OTT Now customers benefit from Kaltura's OTT roadmap, adding new functionality to their OTT services down the line.

"Although OTT services have become a must-have for content owners, broadcasters and service providers, we recognize that many of these businesses lack the resources, the know-how or the confidence to embark on this path," said Kaltura co-founder, chairman and CEO, Ron Yekutiel. "For the first time, Kaltura OTT Now offers everything they need -- in one place and from one vendor -- to provide a compelling subscription, transaction, and ad-based OTT service to any device, in super-quick time and at a fraction of the cost of traditional solutions,"

About Kaltura

Kaltura's mission is to power any video experience. A recognized leader in the OTT TV (Over the Top TV), OVP (Online Video Platform), EdVP (Education Video Platform) and EVP (Enterprise Video Platform) markets, Kaltura has emerged as the fastest growing video platform, and as the one with the widest use-case and appeal. Kaltura is deployed globally in thousands of enterprises, media companies, service providers and educational institutions and engages hundreds of millions of viewers at home, in work, and at school. The company is committed to its core values of openness, flexibility, and collaboration, and is the initiator and backer of the world's leading open-source video-management project, which is home to more than 100,000 community members. For more information, visit www.kaltura.com, www.kaltura.org, or www.html5video.org.

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