Sunday, March 02, 2014 12:46:19 PM
"Our competition for Clipstream is:
Flash: doesn't play on mobile or TV's https://my.clipstream.com/flashstrat.php
H.264: only 62% and being phased out for H.265 which is 0%
Web M: 55%
The market is wide open and people are begging for a solution to the cross platform issue. Currently, the industry spends $5 billion converting and hosting and they don't have to spend that with Clipstream.
We have launched a cloud service which uses our base technology and Encoding.com, zencoder, etc. are in a way competitors to this service, but they are also potential customers. They use Flash, H.264, Web M, etc. and we can sell them our technology. These competing services have to convert and use content delivery networks.
We expect great things in 2014 and expect our shareholders will see increased value by the end of the year."
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