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Raystream Announces Contract with Cinefly
After Completing a 30-Day Evaluation, IPTV Site Enters Year-Long Agreement with Raystream for HD Video Compression Services
Cinefly is an internet television site offering instructional, travel and destination, documentary, and conservation films from around the world, all dedicated to the sport of fly fishing. Cinefly also provides industry news, gear reviews, vodcasts, and new release trailers, as well as download-to-own movies and DVD/Blu-ray titles.
"We were definitely skeptical that Raystream's compression technology could deliver such reduced bitrates and file sizes without impacting image quality. After compressing various source files with different codecs and bitrates, however, and seeing no obvious compression artifacts or loss in quality, we were sold,” said Rick Williams, founder of Cinefly. “We've now signed up with Raystream because of the significant savings we'll realize in streaming and storage costs of our premium HD content.”
Raystream’s HD video compression technology decreases the file size of HD videos by an average of 70 percent, with no significant decrease in the sharp images and intense colors of HD. Using Raystream’s services will enable Cinefly to dramatically reduce bandwidth and data storage costs, while providing viewers with excellent quality streaming video.
“We are pleased to announce this agreement with Cinefly, after a successful evaluation period. Cinefly is deeply committed to providing the best possible online viewing experience for customers, and Raystream is helping them do that -- while saving Cinefly a great deal of money in bandwidth costs,” said Raystream CEO Brian Petersen.
Raystream’s compression solution is effective for streaming HD video-on-demand (VOD), live streaming, and full HD 3D videos.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Raystream Inc.'s filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
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Nadia Christian, 972-980-7206
VP of Marketing
Halliburton Investor Relations
Marlene Owen, 972-458-8000
Hala Elsherbini, 972-458-8000
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