As part of its plans to enhance business growth in China, Abacast, a provider of live audio and video streaming

software, has announced an expansion of it partnership with FutureStream Networks (a provider of distributed live streaming, audio/video on demand and IPTV

solutions to major Asian markets).
"We are very, very excited to be growing Abacast into China, one of the fastest growing and most dynamic media markets in the world today," stated Michael King, president of Abacast.
Founded in 2000, Abacast is a global streaming technology and services provider headquartered in Camas, Washington. Abacast and FutureStream already have a history of successful partnering in the implementation of Abacast’s technology for a South Korean broadcast company with more than satisfactory results.
This is reflected in the words of Sun Jin Lee, CEO of FutureStream Networks, who said: "The Abacast Hybrid P2P solution enables FutureStream Networks to meet their growing audience demands, while achieving much greater cost efficiencies over traditional unicast streaming."
The key benefit of the Abacast Hybrid Peer-to-Peer (P2P) streaming technology is the significant reduction in the bandwidth required to carry simulcast channels (by over 5Gbps) along with a reduction in the number of servers, networking components, and soft costs associated with online broadcasting.
Both Abacast and FutureStream are looking forward to expanding their services in China by providing Webcasters with technology to give a high quality streaming experience to their customers along with greater cost efficiency.
As Lee further pointed out, “We are very excited about our prospects in this rapidly growing economy. Webcasters recognize how urgently they need hybrid technology to deliver a high quality audience experience while minimizing the demand for bandwidth and server infrastructure required by China's very large-scale audiences."
Vinti Vaid is a contributing editor for TMCnet. To read more of Vinti’s articles, please visit her columnist page.
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