Beamr CEO Shares Company Vision in Wall Street Transcript Interview: “AI is Creating Tremendous Opportunities for Us”
December 02 2024 - 6:00AM
Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization
technology and solutions, is pleased to share that Sharon Carmel,
Chief Executive Officer, was featured in an exclusive interview
with the Wall Street Transcript.
In the interview, Carmel discussed Beamr’s technology, strategy
and achievements, stating: “Beamr is very determined to execute on
its vision, optimizing video at a large scale. We built the
technology, accelerated it, have amazing partnerships, and we are
very excited about this opportunity and the impact of our service
on the market.” Regarding Beamr’s AI initiatives with its
GPU-accelerated technology, Carmel added: “We can run in tandem,
not just the video optimization, but also the processes that will
actually tell you what’s in the video.”
The Wall Street Transcript is a twice-monthly publication
featuring insights from CEOs and senior executives of publicly
traded companies in various industries.
To read the full interview, visit Beamr’s Investor relations
website.
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content-adaptive video
optimization and modernization. The company serves top media
companies like Netflix and Paramount. Beamr’s inventive perceptual
optimization technology (CABR) is backed by 53 patents and won the
Emmy® award for Technology and Engineering. The innovative
technology reduces video file size by up to 50% while guaranteeing
quality.
Beamr Cloud is a high-performance, GPU-based video optimization
and modernization service designed for businesses and video
professionals across diverse industries. It is conveniently
available to Amazon Web Services (AWS) and Oracle Cloud
Infrastructure (OCI) customers. Beamr Cloud enables video
modernization to advanced formats such as AV1 and HEVC, and is
ready for video AI workflows. For more details, please visit
www.beamr.com
Forward-Looking Statements
This press release contains “forward-looking statements” that
are subject to substantial risks and uncertainties. Forward-looking
statements in this communication may include, among other things,
statements about Beamr’s strategic and business plans, technology,
relationships, objectives and expectations for its business, the
impact of trends on and interest in its business, intellectual
property or product and its future results, operations and
financial performance and condition. All statements, other than
statements of historical fact, contained in this press release are
forward-looking statements. Forward-looking statements contained in
this press release may be identified by the use of words such as
“anticipate,” “believe,” “contemplate,” “could,” “estimate,”
“expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,”
“predict,” “project,” “target,” “aim,” “should,” “will” “would,” or
the negative of these words or other similar expressions, although
not all forward-looking statements contain these words.
Forward-looking statements are based on the Company’s current
expectations and are subject to inherent uncertainties, risks and
assumptions that are difficult to predict. Further, certain
forward-looking statements are based on assumptions as to future
events that may not prove to be accurate. For a more detailed
description of the risks and uncertainties affecting the Company,
reference is made to the Company’s reports filed from time to time
with the Securities and Exchange Commission (“SEC”), including, but
not limited to, the risks detailed in the Company’s annual report
filed with the SEC on March 4, 2024 and in subsequent filings with
the SEC. Forward-looking statements contained in this announcement
are made as of the date hereof and the Company undertakes no duty
to update such information except as required under applicable
law.
Investor Contact:
investorrelations@beamr.com
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