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Judges recognize groundbreaking codec’s adaptability, performance and support for key industry standards

London, 16 September 2017 – V-Nova Ltd., a leading provider of video compression solutions, today announced its next-generation V-Nova PERSEUS 2 codec has been recognised as the ‘Best Digital Video Processing Technology’ at this year’s CSI Awards, cementing the solution’s status as the only cross-media codec format that delivers on the promises of next-generation image and video compression, today.

The award was awarded to V-Nova by a panel of industry experts and honours innovation and outstanding product development exhibited at the world’s most prestigious broadcast technology event.

V-Nova’s winning solution PERSEUS 2 was recognised by the judges for its powerful capability to address the real bottlenecks of IP video delivery, allowing for better viewing experiences across all data networks. Designed to provide enhanced platform support and able to be combined with all the industry’s major codecs today, it enables operators to quickly benefit from the core efficiencies and lower complexity of high quality encoding.

“PERSEUS 2 was designed to address the real pressure points in the market, and we are delighted that the judges have recognised the unique approach and versatile nature of the PERSEUS 2 codec, which enable it to serve a wide range of applications as the industry’s true cross-media codec,” said Guido Meardi, CEO and Co-Founder of V-Nova. “This win shows that the market is responding well to short innovation cycles and solutions that can easily integrate with existing workflows to maximise today’s services and unlock new opportunities.”

PERSEUS is distributed by V-Nova as a software-development kit for integration into new and existing platforms. It also comes pre-integrated into encoder, middleware, chipset and media player solutions from V-Nova’s partners’ ecosystem. Through its partner network, V-Nova has also made PERSEUS available via some of the largest system integrators in the industry. PERSEUS 2 maintains full compatibility with the rest of the delivery workflows, such as DRMs, streaming protocols like HLS and DASH, ad-insertion and other processes. Coupled with the Content Delivery Networks (CDN) savings associated with bandwidth and profile reduction, PERSEUS 2 is the most cost effective solution for next-generation service deployment today.