OPEC Taps Speedera to Provide Live and On-Demand Streaming of Its Global Conferences
17 March 2005
SANTA CLARA, Calif., -- March 17, 2005 -- Speedera Networks Inc., a leading global provider of on-demand distributed hosting and content delivery services, today announced that the Organization of Petroleum Exporting Countries (OPEC) has chosen Speedera to deliver live and on-demand streaming of its global conferences.
Visitors to http://www.opec.org/ can now view in real-time OPEC officials reviewing the prevailing market outlook for petroleum. Speedera most recently streamed live the opening proceedings of OPEC's Ministerial Conference from Iran on Wed., March 16, 2005. A press conference later that day was also streamed live.
Worldwide interest in the proceedings of OPEC's meetings and press conferences has risen in the wake of increasing oil prices. As part of its commitment to maintain stability and ensure that global markets remain well supplied at all times, OPEC officials said the Web site plays a critical role in communicating to the global community the activities of OPEC, its Member Countries, and the world energy industry.
"To reach our global audience, OPEC required a robust, distributed platform to deliver our streamed video content to anyone anywhere in the world interested in viewing the proceedings of our global conferences," said Dr. Omar Farouk Ibrahim, head of OPEC's Public Relations and Information Department. "OPEC chose Speedera because they proved to us they could provide reliable, high quality streaming services and handle any sudden surges in traffic to our site. We are in the petroleum business, not the Internet infrastructure business, and that's why we turned to the experts."
"Streaming content from a distributed global network of servers -- closer to users -- using an outsourced solution like Speedera's enables organizations like OPEC to have added capacity on demand and extend their global reach without incurring enormous infrastructure and management costs by building out their own network," said Ajit Gupta, president and CEO of Speedera Networks.
About OPEC
OPEC is an international Organization of 11 oil-exporting developing nations that co-ordinates and unifies the petroleum policies of its Member Countries. OPEC seeks to ensure the stabilization of oil prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations, due regard being given at all times to the interests of oil- producing nations and to the necessity of securing a steady income for them; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on their capital to those investing in the petroleum industry.
About Speedera Networks
Speedera Networks, Inc. is a leading global provider of distributed application hosting and content delivery services. The company's SpeedSuite family of on-demand services cost-effectively solves the performance, scalability, availability and security problems of distributed applications and Web sites. Speedera's edge delivery network is deployed in the Americas, Europe and the Asia-Pacific region. Customers include leading organizations such as American Eagle Outfitters, DoubleClick, Fox Broadcasting, Macromedia, NASA, Sony Music and Univision. Channel partners include Softbank Broadmedia/Club iT, AboveNet, VSNL, HP and SunGard Availability Services. For more information, please call +1 408 970 1528, visit www.speedera.com or email info@speedera.com.
