Beamr Featured in Nasdaq Amplify Issuer Spotlight: Strengthening Leadership in the Rapidly Evolving Video Market
December 11 2024 - 7:20AM
Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video
optimization technology and solutions, today announced that Sharon
Carmel, Chief Executive Officer, was recently featured in the
Nasdaq Amplify Issuer Spotlight interview series at the Nasdaq
MarketSite.
Watch the full interview with Beamr CEO Sharon Carmel on Beamr’s
investor relations website here
In the interview, Carmel highlighted Beamr’s latest advancements
and shared the company's vision for the future of video technology
and the industry at large. He explored how AI-driven video is
reshaping the landscape, and emphasized Beamr’s leading market
position, built on the capabilities of its GPU-accelerated
services.
Carmel remarked: “Bringing our video optimization solution to
GPUs was a defining moment for the company. We are currently
performing 10 times faster at one-tenth the cost than our previous
solutions. This has opened a whole new opportunity.” Carmel further
explained that the GPUs accelerating Beamr’s technology are the
same ones that process AI. As a result, video optimization
pipelines not only reduce video size by 30%-50% and speed up
transfer, but also unlock many additional capabilities.
Carmel also delved into Beamr’s journey to an IPO on Nasdaq in
2023, discussing its impact on the company and offering insights to
entrepreneurs aspiring to take their companies public.
The Nasdaq Issuer Spotlight interview series explores how
industry leaders within the small-cap community are evolving and
navigating challenges in various industries.
Watch the full interview with Beamr CEO Sharon Carmel on Beamr’s
investor relations website here
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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